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UK Inflation Back To 2% Target For The First Time Since 2021

British inflation returned to its 2% target on Wednesday for the first time since 2021, but underlying price pressures remained strong.

UK grocery inflation fell for a sixteenth month in a row in June, data from market researcher Kantar showed on Tuesday.

Tesco is “not unduly worried” by the Labour Party’s plan to introduce a new package of workers’ rights, the CEO said on Friday.

Grocery inflation in the UK fell in March for the 14th consecutive month, according to data from Kantar released today.

British inflation fell more in February than economists and the Bank of England (BoE) had expected, it was reported this morning.