Food prices spiked in March as Middle East conflict drove up energy costs, UN says Biggest rises were in vegetable oil and sugar prices, which increased by 5% and 7% respectively
M&S calls for crackdown on ‘brazen, organised, aggressive’ retail crime Bosses write to home secretary and London mayor listing series of incidents staff have faced in past week
UK firms expect to raise prices more quickly as Iran war pushes up costs Bank of England survey in March shows chief financial officers foresee 3.7% increase over coming year
Secondhand clothes sales forecast to hit $289bn as AI helps shoppers find deals Sites such as Vinted and ThredUp expected to help resale grow twice as fast as overall clothing market in coming years
Larva lamped: Colin the Caterpillar loses to eight lookalikes in cake taste test Which? testers complain M&S sponge is ‘too dry’ as Waitrose’s Cecil tops the tree with ‘best buy’ gong
UK food inflation ‘could hit 9%’, trade body warns as Reeves meets retail chiefs Discussion on how to ease impact from Iran war coincides with Food and Drink Federation almost tripling forecast
Chancellor meets UK supermarket bosses to discuss cost of living Rachel Reeves will address concerns about price rises and shortages with retailers as energy costs surge
Unilever’s food mashup is hardly a delectable prospect for shareholders This ‘growth-led separation’ is an awkward, sprawling deal, far from the clean break some may have wished for
Food price rises unlikely before summer, says boss of Sainsbury’s Simon Roberts says Easter shop will be unaffected by Middle East conflict, but industry warns prices may rise this year
Big retailers say UK jobs at risk from guaranteed hours reforms More than half of roles could be hit and young shop workers in particular could lose out, trade body warns
‘Definitely dodgy’: how to spot a fake vape Examining the packaging is key to avoiding illegal and potentially harmful devices, as millions are seized each year
Asda warns of ‘temporary shortages’ at some petrol pumps amid Iran war Comments from boss Allan Leighton come as squeeze on supplies drives average UK petrol price above 150p a litre
Italy investigates beauty brands over concerns about young girls’ mental health Regulator fears use of ‘covert marketing strategies’ by Sephora and Benefit might fuel compulsive habits
Ministers should ‘start doing stuff’ to help farmers and cut fuel costs, says Asda boss Allan Leighton predicts food prices will inevitably rise, as group’s full-year profits dive by a third to £764m
The Middle East price shock hasn’t hit Next – yet Timing lags in the retail industry mean the impact of fuel and fabric inflation may not be felt until autumn ranges land