Consumers are expected to switch to cooking simpler meals at home to save money, as rising food prices threaten to add nearly £300 a year to household grocery bills, according to research.
Shoppers are increasingly picking up supermarket own-label products to help manage their budgets, according to the research company Worldpanel, as grocery inflation stepped up from the 4.7% reported in June to 5.2% in July, the highest level since January 2024.
