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UK food inflation

  • Kaleb Cooper: Brits don’t care about the price of milk 

    Food

    Brits don’t care about the price of milk, Kaleb Cooper has said, as he urged shoppers to buy more locally-made produce. The Clarkson’s Farm star told City PM that farmers would be “very, very grateful” for price rises if passed on to producers amid a battle to stay profitable in the face of higher costs. [...]

    Jeremy Clarkson on his farm during filming of Clarksons Farm Series 3 for Prime Video, captured by Ellis OBrien.
  • Industry warns Iran war spike to come as food inflation falls

    Retail

    The surprise drop in food and drink inflation seen in May is likely to be short-lived, as the impacts of the war in Iran are due to take hold, leading industry figures to warn. The rate of inflation of food and non-alcoholic drinks fell from three per cent in April to 2.2 per cent in [...]

    A colorful array of fresh fruits and vegetables displayed on a rustic wooden table, highlighting healthy food choices.
  • Food inflation: First signs of energy cost surge feed through to supermarket shelves as discounts fail to stem price growth

    Economics

    Supermarket food inflation has risen significantly for the first time this year, a City PM analysis has found, flashing an early warning sign that the surge in energy and freight costs triggered by war in Iran is reaching shelf prices in the UK. City PM reporters gather data on around 200 prices of products across [...]

    Tesco supermarket exterior showcasing brand signage and entrance with shoppers entering and exiting the store.
  • Lidl leapfrogs Morrisons to become UK’s fifth-biggest supermarket

    May 27, 2026

    Lidl has soared past struggling Morrisons to become the UK’s fifth-biggest supermarket, as its heavy discounting gave the grocer an edge in the fiercely competitive market. The German grocer snatched an 8.6 per cent market share, powered by an 8.8 per cent uplift in sales across the last 12 weeks, according to data by Worldpanel. [...]

  • Greencore shares slide as M&S sandwich supplier counts cost of Bakkavor takeover

    May 27, 2026

    Food manufacturer Greencore counted the cost of its mammoth deal with rival Bakkavor as integration expenses plunged the firm to a loss in the first half of the year. The FTSE 250 firm – which is a supplier to countless supermarket giants including Tesco, Sainsbury’s and M&S – was weighed down by upfront costs associated [...]

  • Intense discounting pushes food inflation to year low

    May 26, 2026

    Intense competition among UK supermarkets has pushed food inflation to its lowest level in a year, despite warnings that the Iran war will push up prices. Heavy discounting saw food inflation fall from 3.1 per cent last month to 2.7 per cent in May, according to data by the British Retail Consortium (BRC) and NIQ. [...]

  • Reeves food tariffs policy will ‘barely touch the sides’ on supermarket prices

    May 21, 2026

    Food manufacturers and retailers have slammed Rachel Reeves’ cost of living measures, claiming the government’s loosening of food tariffs will do little to help supermarkets to cut prices. The Chancellor urged supermarkets to pass on savings from the stripped tariffs to shoppers “in full,” but retailers fear this measure will “barely touch the sides,” City [...]

  • M&S eyes up Brits’ weekly shops as food arm set to expand

    May 15, 2026

    Marks & Spencer has not been shy over its ambition to conquer the British weekly shop, and the retail giant is nearing a crucial update on its foray into the UK’s fiercely competitive grocery market. M&S Food accounts for more than half (54 per cent) of the retailer’s revenues, and its recent warehouse expansions suggest [...]

  • Chicken roll boosts sales but Greggs warns of food inflation

    May 12, 2026

    Brits’ warm embrace of the new chicken sausage roll has helped boost turnover at Greggs, but the company warned it could be burnt by food inflation if the Iran war persists. Greggs’ share price jumped more than six per cent on Tuesday’s market open, to 1,618p, though the stock remained down three per cent in [...]

  • ‘Political choice’: Retailers urge government to act on rising costs

    May 6, 2026

    Retailers have urged the government to cut tax and red tape to counter soaring energy costs caused by the Iran war. The British Retail Consortium (BRC), an industry trade body, has accused Labour of making a “political choice” not to cut energy taxes and delay costly regulation to avoid the worst shop inflation. The effective [...]

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