Food inflation poised to jump above 4% as levies and wage rises weigh on retailers

Helen Dickinson, chief executive of the BRC, warned, 'There is little hope of prices going anywhere but up,' due to increasing employer national insurance and living wage costs.

City investment firm Shore Capital noted, 'government policy will be the main driver of grocery inflation this year, rather than commodity prices or exchange rates,' highlighting significant cost increases for retailers.

Read at Business Matters