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BBCNEWS BBC News at Ten September 15, 2021 21:10:00

That rise in cooking oil prices puts it at a 30 year high and, alongside surges in cardboard and plastic prices, will feed through to ordinary consumers, says this distributor. clearly we can t keep absorbing them for ever. so i anticipate that there will be some price increases before christmas, but it will really hit after christmas. yeah, so that s when it s going to really take effect on oui’ customers, anyway. but i do know of some competitors that have increased prices right across the board already. if forecasts are right, this hike in prices will be reversed next year. but the squeeze on the cost of living this winter is very real. faisal islam, bbc news. as the reshuffle was going on the house of commons was debating proposals to scrap the £20 a week increase to universal credit introduced last march to help during the pandemic. ministers say the increase was always going to temporary but labour says it should stay. our social affairs correspondent michael buchanan ....

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BBCNEWS BBC News at Ten September 15, 2021 21:09:00

A slice of the pie, our slice, and give it away and share it with our staff, at some point some of that pie is going to have to come from the customer as well. beyond restaurant meals, prices rose at the petrol pump, up 17.7% on the year. second hand car prices are up 18.3% as demand for cars surges. and furniture prices, affected by blockages to global supply chains, up 8%. cooking oil prices are up 5.4%, meaning overall food prices are now rising, after falling for most of the pandemic. well, there clearly are many one off factors coming from the lifting of lockdown. the turn in food prices up, the coming rise in energy prices next month, and the increase in taxation, means that the squeeze on living standards in households is very real indeed. that is one of the reasons why the assumption here at the bank of england that the inflation rise is going to be temporary, well, that is being tested. ....

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Food News, Healthy Diet Recipes, Best Foods, Food and Nutritional Facts

Food News, Healthy Diet Recipes, Best Foods, Food and Nutritional Facts
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Cooking Oil Prices Likely To Fall: Details Inside

Cooking Oil Prices Likely To Fall: Details Inside
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Cooking oil subsidy mechanism discussions in final stages: Khairuddin

Cooking oil subsidy mechanism discussions in final stages: Khairuddin
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