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The Latest Breaking News from BRC

Food prices could rise again thanks to new ‘packaging tax’

The extended producer responsibility (EPR) scheme is likely to place a ‘significant financial burden’ on UK retailers and households

The Independent UK

Packaging tax will push up prices for consumers, say industry bosses

The BRC said the packaging tax was a ‘multi-billion pound levy being paid by consumers during a cost-of-living crisis’.

The Independent UK

Retailers say tax rises could further fuel inflation as shop prices jump

BRC says households are finding shopping increasingly expensive after annual shop price inflation rises to 1.4%

The Guardian - UK

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Non-food prices drive up inflation in September

Shop price inflation has jumped to 1.4% from August’s 0.9%, according to the British Retail Consortium (BRC)-NIQ Shop Price Monitor.

Evening Standard

Tax warning issued as food inflation could remain above 5 per cent for months

Food inflation has hit its highest point since the 2022/23 cost-of-living crisis

The Independent UK

Tax rises would lead to food inflation remaining above 5% ‘well into next year’

The BRC warned that a new surtax for large shops could lead to price rises for consumers.

Evening Standard

Business rates rise would put hundreds of big shops at risk, say UK retailers

Concern for ‘anchor tenants’ as trade body warns that stores could put up prices or cut jobs to protect profits

The Guardian - UK

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High street crisis deepens with 400 of Britain’s largest shops at risk of closure

Industry leaders have responded to the government’s proposed higher business rates tax band

The Independent UK

400 of Britain’s largest shops at risk, industry leaders warn

The BRC said 400 large stores were at risk of closure if they were included in the Government’s new business rates surtax on premises.

Evening Standard

Retail sales up 3.1% in August to round off ‘solid’ summer

Food sales increased by 4.7% year on year, although this was largely down to rising prices.

Evening Standard

M-Sport’s Armstrong scores emotional maiden ERC win in Wales

Wales held the penultimate round of the 2025 European Rally Championship season

Autosport

'Stop taxing everything': Big business bosses warn Chancellor Rachel Reeves ahead of Budget

Asda chairman Allan Leighton said the Treasury should invest in Britain rather than ‘taxing everything in some way, shape or form’

Evening Standard

Asda boss urges Rachel Reeves to ‘stop taxing everything’

Allan Leighton advises chancellor to not launch new tax raid in upcoming budget but invest in Britain if she wants to grow the economy

The Independent UK

Egg and butter prices drive up UK food inflation as households feel squeeze

Food inflation at 4.2% this month, with prices increasing at fastest pace for 18 months, says British Retail Consortium

The Guardian - UK

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Evening Standard

Food inflation jumps to 18-month high as chocolate and butter prices rise

Food inflation lifted to 4.2% this month from 4% in July, according to according to the British Retail Consortium-NIQ Shop Price Monitor.

The Independent UK

Food inflation jumps to 18-month high with these items seeing a price rise

Fresh food inflation sped to 4.1% for the month on the back of rising dairy prices, up from 3.2% in July

Evening Standard

Major retailers warn Reeves tax rises in autumn could push up prices

Some of the county’s biggest chains have signed a letter to the Chancellor sent by trade body British Retail Consortium.

The Guardian - UK

Warm weather and England’s Euros success lifted UK retail sales in July

Sunnier picture clouded by warning that mooted higher taxes could lead to shop closures and job losses

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Evening Standard

Retail sales boost of 2.5% ‘barely touching the sides’ of costs, sector warns

The uptick in the UK’s total retail sales was against growth of 0.5% last July and the 12-month average growth of 1.9%, figures show.

The Independent UK

Why mounting costs mean recent retail growth ‘barely touches the sides’

July retail sales were up 2.5 per cent on 2024 but they were not close to covering the the last budget’s £7 billion in new costs on the sector

The Independent UK

Christmas dinner warning as costs could rise after Labour tax changes

Two-thirds of retailers predict they will have to raise prices further this year

Evening Standard

Hoped-for summer boost for retailers failed to materialise, figures show

Data released by BRC-Sensormatic shows total UK footfall was down by 0.4% year on year in July.

The Independent UK

Tax rises would force up prices for customers, retailers warn Reeves

There are growing questions over how the government will fill a black hole in the public finances at the next budget

The Guardian - UK

Tax rises in autumn would force our prices up, retailers tell Reeves

Lobby group says shops have already had to put up prices and new increases would leave households struggling

Evening Standard

Food inflation will rise to 6% by the end of the year, industry predicts

The BRC, whose figures now put food inflation at 4%, said prices would reach 6% higher year on year by Christmas if costs rise.

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