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The Latest Breaking News from BRC

Which foods are rocketing in price and why - as prices go up by faster than inflation

Supermarket shoppers are grappling with increased prices for their groceries, with soaring food costs due to the war in Ukraine, high fuel prices, bird flu and more

Daily Mirror

Food inflation surges to record 12.4% - as price of meat, eggs and dairy all rise

New figures from the British Retail Consortium (BRC) show food inflation hit 12.4% in the year to November - up from 11.6% and the highest rate since BRC records began

Daily Mirror

Bulb Energy takeover by Octopus cleared; anger over HSBC branch closures; food inflation at record – as it happened

The UK’s sale of collapsed Bulb Energy to Octopus Energy will go ahead after it was approved by a London judge this afternoon

The Guardian - UK

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Food inflation surges to 12.4% amid predictions of ‘increasingly bleak’ winter

Fresh food prices are now 14.3% higher than last November, driven by the cost of meat, eggs and dairy.

The Independent UK

WTCR Bahrain: Michelisz wins race 2 as Azcona closes in on title

Norbert Michelisz came from seventh on the partially reversed grid to win the World Touring Car Cup's second Bahrain race, as BRC Hyundai team-mate Mikel Azcona closed on the title.

Autosport

Routec Racing and RAW Motorsports come out on top in Birkett Six Hour Relay

Handicap victory in the annual Birkett Six Hour Relay at Silverstone went the way of Routec Racing, as RAW Motorsports came home first in the scratch. While in the British Rally Championship, Ruairi Bell secured his first win on the Cambrian Rally

Autosport

Food price rises set to get worse, warns supermarket boss

A supermarket boss has warned that food price rises will “get worse” as the Bank of England prepares to hike interest rates to tackle soaring inflation.

Evening Standard

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Food inflation soars to record 11.6% as energy costs hit producers

Overall shop prices are now 6.6% higher than they were this time last year, according to the British Retail Consortium (BRC)-Nielsen Shop Price Index.

Evening Standard

Shipping giant Maersk warns of looming global recession; eurozone factory slump deepens – as it happened

AP Møller-Maersk says Ukraine war, Europe’s energy crisis and high inflation are hitting demand, as it forecasts lower demand for containers

The Guardian - UK

Food inflation soars to record 11.6% as energy costs hit producers - OLD

Overall shop prices are now 6.6% higher than they were this time last year, according to the British Retail Consortium (BRC)-Nielsen Shop Price Index.

The Independent UK

Brisbane City Council approves Brisbane Racing Club's takeover of Stafford Bowls Club lease

Despite concerns over transparency, Brisbane City Council has approved a behind-the-scenes transfer of a lease of the former Stafford Bowls Club from Crushers Leagues Club to Brisbane Racing Club.

ABC News

It Looks Like Billy Ray Cyrus Is Engaged To Someone Half His Age Just Months After His Divorce

He first met his now-fiancé on the set of Hannah Montana.

Pedestrian.tv

Newcastle researchers given £28m to help treat long-term conditions such as dementia

NHS and university figures in Newcastle have secured millions in funding to work on finding ways to treat long-term conditions like dementia.

Chronicle Live

Shoppers hit with record 10.6% food inflation – BRC-NielsenIQ

Overall shop price inflation accelerated to 5.7% in September, up from 5.1% in August to mark another new record.

The Independent UK

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ABC News

Barkly Regional Council accused of mismanagement as multiple staff leave 'toxic' workplace

A union says it is "deeply concerned" by bullying allegations at a remote Northern Territory council, but the Mayor and chief executive say the complaints are by a "small group of disgruntled ex-employees".

The Independent UK

Consumer spending slows in August as inflation bites

Separate figures from Barclaycard also showed that card spending slowed to its lowest levels for more than a year.

The Independent UK

Shopper footfall recovery slows as cost of living concerns gather pace

Total UK footfall was down 12.4% in August on three years ago, according to British Retail Consortium (BRC)-Sensormatic IQ data.

The Independent UK

UK food prices rise at fastest rate since global financial crash

Pressure from war in Ukraine continues to push up costs

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The Independent UK

Food prices rise at fastest rate since 2008, retail group figures show

The war in Ukraine, and consequent rise in the price of animal feed, fertiliser, wheat and vegetable oils, is placing mounting pressure on prices.

The Guardian - UK

Revealed: Indonesian workers on UK farm ‘at risk of debt bondage’

As farms look further afield for labour, investigation finds Kent pickers saying they struggle to pay fees charged by unlicensed brokers

Autosport

WTCR Anneau du Rhin: Girolami storms to pole over Berthon

Honda driver Nestor Girolami stormed to his third FIA World Touring Car Cup pole position of 2022 with a perfect performance in qualifying at Anneau du Rhin in France.

The Independent UK

Shop prices rise at fastest pace on record as retailers pass on massive cost increases

Staple items including butter and vegetable oils saw some of the biggest prices hikes

The Guardian - UK

UK retailers hit by sharp drop in spending as inflation soars

Boost in demand in June on back of jubilee celebrations fails to prevent third successive fall

StockNews.com

3 Top-Quality Air & Defense Stocks to Buy When Military Spending Picks Up

Amid the rising geopolitical tensions with the ongoing Russia-Ukraine war and emerging threats from China, increasing military spending globally should boost the air and defense industry’s growth. And we think top-quality air & defense stocks Moog (MOG.A), Brady Corporation (BRC), and Sturm, Ruger & Company (RGR) are well-positioned to capitalize…

Autosport

Tarquini critical of Lynk & Co WTCR speed at Vila Real

Gabriele Tarquini has questioned the performance of the Cyan Racing-run World Touring Car Cup Lynk & Cos, on a Vila Real weekend where his own team of Hyundais faced sandbagging accusations.

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