UK Retail Body Warns ‘Dam Is Starting to Break’ on Price Rises

'The dam is starting to break': Retail chiefs sound alarm over prices

In last ditch plea before tomorrow's Budget, industry leaders urged Chancellor John Healey to 'slash employment costs' and ease the mounting tax burden or 'households will end up paying the price'.

Healey warned ‘the dam is breaking’ on shop price inflation

The Chancellor has been warned that the “dam is starting to break” on surging shop price inflation, which retailers had kept at bay with heavy discounting. Shop prices rose by 2.1 per cent in the year to October, according to new data from the British Retail Consortium, ahead of September’s 1.4 per cent and the [...]

UK retail body warns ‘dam is starting to break’ on price rises

LONDON, Oct 27 (Reuters) - Britain's main retail trade body warned on Tuesday that shops are now increasingly unable to absorb the impact of rising costs, after its data showed ​prices increased at the fastest pace in two-and-a-half years ‌this month. ...

UK shop price inflation ‘highest since 2024’ as retailers struggle to limit price rises

British Retail Consortium says ‘dam is starting to break on the huge wave of costs’ being kept from consumers Shop price inflation has risen to the highest level in two and a half years, according to the British Retail Consortium, which warned that “the dam is starting to break” when it comes to…