According to the british retail consortium, Food Inflation fell last month to 13. 4 thanks to the lower cost of staple goods like oils, breakfast cereals, fats and fish. Heres our Business Correspondent emma simpson. It may not feel like it but the worst of food price rises could now be over. Grocery bills, though, are still way too high for many shoppers. Like, before you can just walk in with £10 and get a lot of things but now even £10 cant even buy what you actually want to buy. I mean, at the moment im ok but i guess im very lucky. But if it increased any more, just like Mortgage Rates as well, just like, yeah, the whole things going up, isnt it . Instead of Buying Luxuries now i buy the basics. Todays Food Price Figures come from the trade body for retail which also monitors the change in shop prices. Lets take a look at this chart which tells the story. Now, you can see how food prices jumped from last year. They were going up before the war in ukraine, but then they really st
1096 quite comfortably. I eventually . Eventually, they reached 1096 quite comfortably. I think eventually . Eventually, they reached 1096 quite comfortably. I think was i 10 quite comfortably. I think was about 14 or so. They were looking for 1,000 registered voters here in the constituency to sign that petition, and in the end, they surpassed that in a straightforward manner. What it means is that there will be a by election for the people here in rather glenn and nearby hamilton glass rotherglen. Its almost three years since Margaret Ferrier built those rules by speaking in parliament when she was waiting for the results of a covid test. When i came back positive, rather than isolating, Shejumped On The came back positive, rather than isolating, she jumped on the train and came back up here to scotland. The consequences have been far reaching. She was arrested by police, she was charged and ultimately, she received 270 Hours Community service. She was also suspended by the snp and l
Our reporter ben king has the details. When drinkers gather at londons King Charles Pub this evening, there will be a new tax regime in place. Changes announced in March Come Into Effect today taxing stronger drinks more and weaker drinks less. At the same time, Alcohol Duties rise with inflation up by io. I . The result a complex series of changes. 12 sparkling wine will be i9p cheaper as higher rates for fizz are abolished. A can of pre mixed gin and tonic will be 5p cheaper. But a bottle of 12 still wine will rise 44p. A bottle of vodka up 76p and a bottle of 20 port up £1. 30. So among drinkers, there will be some winners and losers. But the wine and spirits industry, which sees many of its products hit with higher taxes, says customers will see higher prices and less choice. We have the biggest duty increase in almost 50 years at the same time as we have inflation rife and a cost of living crisis. On top of that, we have Raw Materials like glass that are increasing in price expon
but these are some of the strongest drinks on the market and, under the new rules, the stronger the drink, the more tax you pay. yet another rising cost they will have to pass on. around 80p per bottle, so a significant rise for sure. i think when you combine that with all the other increases in costs that we ve seen recently, then it leaves producers in a position where most are going to have to pass tha increase on to their customers. so, yeah, it ll definitely have an effect. alcohol taxes are being reorganised to tax drinks according to their strength. and, after a freeze for nearly three years, alcohol taxes as a whole rise with inflation up 10.1%. result, a complex brew of price changes. 12% sparkling wine will be 19p cheaper, as higher rates for fizz are abolished. a can of pre mixed gin and tonic will be 5p cheaper, but a bottle of 12% still wine will rise 44p, a bottle
when drinkers gather at london s king charles pub this evening, there will be a new tax regime in place. changes announced in march come into effect today taxing stronger drinks more and weaker drinks less. at the same time, alcohol duties rise with inflation up by 10.1%. the result a complex series of changes. 12% sparkling wine will be 19p cheaper as higher rates for fizz are abolished. a can of pre mixed gin and tonic will be 5p cheaper. but a bottle of 12% still wine will rise 44p. a bottle of vodka up 76p and a bottle of 20% port up £1.30. so among drinkers, there will be some winners and losers. but the wine and spirits industry, which sees many of its products hit with higher taxes, says customers will see higher prices and less choice. we have the biggest duty increase