Cost-Of-Living Crisis

British Supermarkets Confront Their German Discounting Demons

Britain's big supermarkets say they have never been more competitive on price, yet their customers are still flocking to German-owned discount stores Aldi...

Asda Announces 10% Hike In Hourly Wages For Retail Workers

Shoppers To Face Fresh Price Hikes As Stores, Suppliers Pass On Costs

Shoppers around the world will pay even more for groceries this year than they did in 2022, according to retailers, consumer goods firms and investors, unl...

Aldi UK's December Sales Up 26% As Shoppers Seek Savings

Aldi UK said its sales in December rose 26% compared to the previous year, reflecting the opening of new stores and consumers' search for savings in a cost...

Britain’s Broken Egg Industry Shows The Price Of Food Inflation

In Britain, the damage wrought by rampant inflation can be seen in the fate of the humble egg with farmers saying what they get paid is no longer enough, u...

UK Consumer Spending Fails To Keep Pace With Inflation, Surveys Show

British consumer spending ticked up last month at a rate that greatly lagged behind inflation, according to surveys on Tuesday that underscored the pressur...

Sainsbury’s To Invest An Additional £50m To Manage Rising Prices

UK retailer Sainsbury’s has announced that it is to invest a further £50 million by March 2023 to help customers cope with rising prices.

Cost-Of-Living Crisis Casts Shadow Over Europe's Black Friday

Europe's retailers are hoping Black Friday discount day will get shoppers spending, though it is taking place against a backdrop of a worsening cost-of-liv...