Food inflation to hit 4.2 per cent in 2025 as cost pressures loom, BRC warns Economics According to projections from the BRC, food prices will rise by an average of 4.2 per cent in the second half of 2025.
Retailers warn of ‘inevitable’ job losses and price rises after budget tax hikes Retail Retail bosses warned that they will be forced to hike prices and cut jobs due to the government’s tax hikes, as the sector braces for a substantial increase in employment costs. In a draft letter to the Chancellor, coordinated by the British Retail Consortium (BRC), retail bosses warned that job losses were “inevitable” and higher [...]