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The Latest Breaking News from Kantar

Lidl swings to annual loss amid battle to keep prices low as costs surge

The group reported pre-tax losses of £76m for the year to 28 February against profits of £41.1m the previous year

The Independent UK

Grocery price inflation falls to lowest level in a year

Some 95% of consumers are still worried about the impact of rising grocery prices, analysts Kantar found

Evening Standard

UK grocery price inflation slows but shoppers worried by soaring bills

Aldi and Lidl enjoy sales increase and own-label ranges thrive as consumers seek out bargains

The Guardian - UK

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UK jobs market ‘on the turn’ as unemployment rises; ‘terrifying’ increase in mortgage arrears – as it happened

Total pay jumps by 8.5% in the last year – ahead of inflation – while value of mortgages in arrears is now the highest in almost seven years

The Guardian - UK

Whole Foods axes luxury products in favour of discounted items as losses widen

The high-end retailer has scrapped its famous ‘cheese vault’ and introduced a raft of cut-price food products

Evening Standard

Food price inflation in UK falls for fifth month in a row

Reduction is second sharp drop in a row as milk and sunflower oil get price cuts while eggs, sweets and chips increase again

The Guardian - UK

UK basic wage growth hits record high; Russia’s central bank lifts rates to 12% – as it happened

UK regular pay growth highest since 2001 while unemployment rate rises unexpectedly; rouble recovers afters Bank of Russia raises rates at extraordinary meeting

The Guardian - UK

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FTSE 100 Live: ‘Little doubt interest rates rise again’ after record pay growth, unemployment up to 4.2%

The UK unemployment rate rose to 4.2% in June, it was revealed today, despite expectations that it would remain at 4%.

Evening Standard

‘Incredibly high’ grocery price inflation is food for thought at the Bank of England

Ahead of tomorrow’s consumer price index, grocery prices are up almost 15%

Evening Standard

Company insolvencies jump 27% as high interest rates hit economy; UK grocery price inflation dips – as it happened

Grocery price inflation has dropped to 14.9%, still painfully high, while over 2,000 companies collapsed in June

The Guardian - UK

UK inflation expected to fall after grocery price rises ease

Shoppers turning to loyalty schemes like Tesco Clubcard and Sainsbury’s Nectar to help cut costs at checkout

The Guardian - UK

Grocery price inflation show biggest drop since March peak

The figure fell to 14.9% in the four weeks to July 9, from a peak of 17.5% in March.

The Independent UK

Ping your heart out: how the UK fell back in love with the microwave

Sales up as people try to save money on energy bills and top chefs extol ease and virtues of microwave cooking

The Guardian - UK

Irish consumers spend additional €2.9m on beer and lager during hot weather, experts reveal

Findings from Kantar, which is an insights and consulting company, said punters also forked an extra €1.9 million on chilled burgers and grills while €1.2 million was spent on fresh sausages.

Irish Mirror

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Evening Standard

Households are cooking simpler meals to cut bills

Research found an increase in microwave meals being cooked amid high grocery costs

Manchester Evening News

Fewer ingredients, simpler meals, more microwaves: Sky-high food prices are changing how people eat and cook

Supermarket inflation has fallen to the lowest rate this year, but household budgets are still under enormous pressure

Daily Mirror

Grocery price inflation falls to lowest monthly rate this year - but still remains high

Inflation dropped to 16.5% for the four weeks to June 11, according to Kantar - this is down from 17.2% the previous month and a further decline from the record 17.5% recorded in March

The Guardian - UK

Inflation forces supermarkets to up £1 items to £1.25, data shows

Kantar survey is released day before official figures expected to show a slight easing in UK inflation rate

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The Guardian - UK

Hunt rules out mortgage support or food price caps; Mortgage ticking time bomb is ‘now exploding’ – as it happened

Jeremy Hunt faces calls to introduce mortgage interest tax relielf from Conservative MPs at Treasury Questions, and rules out price caps on food

Wales Online

What we buy, when we buy and where we shop have all changed in last three years

Covid and the cost of living have changed the face of supermarket shopping

The Guardian - UK

UK food bills: can you really save money if you buy frozen?

Some experts claim heading for the freezer will cut costs and help save the planet. Here’s how the figures stack up

Evening Standard

Homeowners warned they could be hit with two interest rate hikes this summer

IMF warns that interest rates will rise further but forecast that the UK would avoid a recession

The Guardian - UK

UK food price inflation at third-highest level since 2008

Jeremy Hunt to meet food manufacturers over prices as Kantar says rate is still ‘incredibly high’

The Guardian - UK

UK growth forecast upgraded by IMF; Bank of England governor says ‘big lessons to learn’ after inflation shock – as it happened

New IMF report shows “a big upgrade to the UK’s growth forecast” says Jeremy Hunt, with UK expected to grow by 0.4% this year not shrink by 0.3%

Daily Mirror

Shoppers in Britain forced to pay £833 MORE for their food than this time last year

Market analysts at Kantar today revealed grocery price inflation dropped slightly to 17.2% for the four weeks to May 14 - but this is only down from the previous 17.3%

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