The pound has fallen to a new 37-year low against the US dollar after figures showed UK retail sales fell sharply in August as the rise in the cost of living continued to hit households.more
The latest figures from the Office for National Statistics (ONS) show that the Consumer Prices Index inflation (CPI) reached 10.1% last month, putting households under even more pressure as food prices spiked and pushed inflation to yet another 40-year high.
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Sainsbury’s has raised pay for staff again and offered free food during shifts as part of a £25 million package to support workers facing cost-of-living pressures. The UK’s second largest supermarket chain said £20 million of the cash boost will go towards a pay increase.more
Ocado has warned that annual sales will drop because customers are trading down to value products and buying less overall amid a worsening cost-of-living crisis.
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With the cost of living crisis, the price of everything has gone up in recent days and people are struggling to pay for some of the essentials in their weekly shop. Butter has been one item that has caused a stir, as we've seen brands like Lurpak costing as much as £5 for a tub in shops.
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The whiskey giant, which employs over 800 people in its Cork, Dublin, and Belfast operations, sold 10 million cases of Jameson over the 2021/2022 Fiscal Year
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Pub industry experts warn that pub owners will soon be forced to raise prices significantly. The reasons are to be rising energy costs and inflation across the country.more
One of the UK’s biggest chicken producers has warned food security could be under threat and shoppers exposed to a "price shock" after a more than threefold surge in the price of carbon dioxide (CO2).more
According to a study by UCE RESEARCH and the BLIX Group, more than half of Poles fear that stores may soon be out of stock. The reason for this thinking is rising inflation and the war in Ukraine. It is usually talked about by the elderly, as well as by those with the lowest education and those from small towns.more
Whipped cream spray may be sold to New York State only to persons age 21 and older. The ban on selling this product to children and adolescents was introduced due to cases of intoxication with nitrous oxide, a gas used in cans of whipped cream.more
Pubs across the UK will be forced to close due to energy costs soaring by as much as 300%, brewery bosses warned.
Leaders of six of the country's largest breweries called on the government for "immediate government intervention" on sky-high energy bills this winter.more
Brits are to have a more considered approach to Christmas shopping this year as inflation takes it toll on spending, placing more emphasis on value and meaningful gifting.
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48 per cent of properties sold in Poland are flats, according to a survey conducted by Oferteo.pl. This year, Poles most often bought properties in two price ranges: PLN 201-300,000 and PLN 301-400,000 - each accounting for 17 per cent of the market.more
Shoppers may not be able to get the Christmas goods they want if disruption at the Port of Felixstowe rumbles on into next month, supply chain experts have warned.
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It may only be August, but that doesn't seem to be hampering the festive spirit of department stores in Cork city. Despite it being four months until December, shops including Brown Thomas and Guineys have already begun to set up their Christmas sections.
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