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Daily Mirror

Politics

Dan Bloom

Food prices could rocket by 10% this year for struggling Brits, M&S chief warns

Andrew Bailey Archie Norman Inflation Bank of England Ukraine

Food prices could soar by 10% this year, the chairman of Marks & Spencer declared today.

Brits face another battering from soaring inflation after the warning from Archie Norman, a former Tory MP who leads the upmarket giant.

He told BBC Radio 4’s Today programme: “It wouldn't be surprising to see food price inflation over the course of the year running towards 8% to 10%.

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