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Aldi's UK boss warns shoppers face higher food prices if budget heaps extra costs on retailers

Any policies which affect the operating costs of business should be considered very, very carefully because of the very real risk they find their way back into the food system and on to prices, Hurley told the BBC. UK grocery inflation jumps to highest level in 15 months The German discounter said its decline in profits from 552.9m to 435.5m was in part due to the budget chain's spending in price promotions and raising pay for staff, as well as an intensive store opening programme.

Business

UK politics

fromwww.theguardian.com

1 week ago

UK businesses cut jobs at fastest pace in four years over summer, Bank of England finds

UK businesses cut employment at the fastest pace in four years, with employer NICs rises driving job cuts, price increases, and narrower profit margins.

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Aldi's UK boss warns shoppers face higher food prices if budget heaps extra costs on retailers

UK businesses cut jobs at fastest pace in four years over summer, Bank of England finds

#employer-nics
#employer-nics