“However, if there were a change in quality, for example, from a value brand to premium brand, or from own brand to branded, then we would break the price chain,” they told Reality Check, which means that they would buy a different product but not include the change in price in the inflation calculation.
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British exports worth billions have faced EU tariffs since Brexit
admin, , Business, 0
Although exports began to recover from a massive drop in January, over the quarter, the Observatory calculated that, of...
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Greggs to create 500 jobs as it plans 100 more stores
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“It has already started playing up the passion that its customers have for its food, but if it hopes...
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Heat pump grants worth £5,000 to help replace gas boilers
admin, , Business, 0
The England and Wales grants aim to reduce carbon emissions, but will cover a maximum of 90,000 heat pumps.
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Ngozi Okonjo-Iweala set to be first African boss of WTO
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After nearly six months without a leader, the World Trade Organization looks set to appoint Nigeria’s Ngozi Okonjo-Iweala as...
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Energy bills to rise more than predicted, says Ofgem boss
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About 23 million households in England, Wales and Scotland have their bills governed by the energy price cap. That...
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Online Safety Bill: Crackdown on harmful social media content agreed
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Dame Melanie Dawes, chief executive of Ofcom, called the bill’s passage through parliament “a major milestone in the mission...
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Alison Rose: The bank boss caught up in the Nigel Farage row
admin, , Business, 0
Earlier this year, she pocketed a bumper payout of more than £5m on the back of strong profits, receiving...
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Interest rate rise expected after UK inflation shock
admin, , Business, 0
“It’s only when companies feel nervous about the future that they will think ‘Well, maybe I won’t put through...
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