Tesco CEO Denies 10% Food Price Hike Claims
Tesco's chief executive Ken Murphy has dismissed projections of a 9% food price increase in December, stating the supermarket has seen no impact on availability or prices from the Iran conflict.
Tesco's chief executive Ken Murphy has dismissed projections of a 9% food price increase in December, stating the supermarket has seen no impact on availability or prices from the Iran conflict.
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The Ofgem energy price cap is projected to rise by £196 to £1,837 for typical households in July, a 12% increase from April but below earlier estimates of a £332 surge.
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RecommendedExperts warn that AI-driven surge pricing in UK supermarkets could lead to higher costs for middle-class households, with better-off families potentially subsidizing discounts for lower-income shoppers.
Regen Central Ltd, a UK travel company specializing in package holidays, has entered liquidation, cancelling all trips and leaving passengers without refunds due to withdrawn ATOL protection.
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British Gas has launched a fixed tariff priced below the current energy price cap, offering significant savings compared to predicted future rates. The exclusive deal closes at midnight on April 17 and is only available through Compare the Market.
Tesco's CEO Ken Murphy says the supermarket cannot guarantee shoppers will be shielded from food shortages this summer due to the Middle East crisis, as the UK government prepares contingency plans.
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Royal Mail will cancel Saturday deliveries for second-class letters from December 2026, following an agreement with the Communications Workers Union. First-class mail and parcels will continue six-day service.
Major UK burger chain Meatliquor has entered administration, closing five of its eight restaurants amid hospitality sector struggles and cost pressures.
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Marks & Spencer has confirmed the discontinuation of its Florentyna Classic Floral Eau de Toilette, removing it from all UK stores and online, leaving loyal customers deeply disappointed.
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