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Daily Mirror
Daily Mirror
Business
Ruby Flanagan

Shoppers 'disgusted' as price of Bisto gravy hits record £5 high in stores

Gravy fans have once again voiced their frustrations as the price of a tub of Bisto granules has surpassed £5.

One customer posted their frustration in a Facebook discount group noting that prices seem to have "casually" risen.

They said: "Everything has just casually doubled in price.”

Others joined in sharing their frustration at the current cost of the gravy product with one describing the price as "disgusting".

Another suggesting people should “make your own” gravy to save money.

The product in question is the Bisto 550g tub, which is the largest size available for shoppers.

The Sunday roast favourite is being sold at Morrisons for £4.99 for a 550g tub and £5.50 at Tesco.

However, this is not the first time Bisto fans have slammed the price as the brand's 190g tub averages at a cost of £3 at most supermarkets, with some retailers selling it at £2.

The brand's larger 350g and 450g tubs are usually costing between £4 to £4.50.

Some commenters told the poster they should just make their own gravy which was cheaper and usually tasted good.

Whilst others said they should ditch the brand altogether.

Food inflation in the UK is at a record high in the UK and prices in supermarkets have soared in recent weeks due to rising costs.

In the four weeks leading to February 19, grocery inflation hit 17.1%.

A recent investigation by Grocer Magazine revealed that nearly 50 Bisto instant gravy SKUs are up as much as 50.9% since the beginning of 2023.

Whilst Bisto is not the only brand to be hit by inflation, as it is so beloved by the British public, price rises are going to be noticed.

Shoppers have dubbed the brand "the new Lurpak" after the cost of the butter rose sharply last year amid the cost of living crisis.

In a previous article covering this issue, the owner of Premier Foods told Mirror Money that it only ever increased prices as a "last resort".

Premier Foods, which owns other iconic UK brands such as Mr Kipling, Oxo Cubes, Angel Light and Ambrosia rice pudding, announced this week it was on track to make a profit in the last part of its financial year.

In an unscheduled trading update, the group says that it now expects sales growth in the last three months of the financial year to be 10% ahead of last year.

Premier Foods says it is on course to make an underlying pre-tax profit of around £135million over the year to April 1 2023.

Trading profit is expected at about £155million, up from £141.2million in the previous year.

The food manufacturer said this was a result of strong demand in its grocery arm, as well as high overseas sales and improving confectionary revenues.

A Premier Foods spokesperson told Mirror Money: “As we shared with the Mirror just two weeks ago, we only ever increase our prices as a last resort, offsetting significant increases in the cost of raw materials, energy, packaging and labour wherever we can through internal cost saving measures first.

"However, our most popular 190g Bisto gravy tub is still available at £2.”

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