More pain for British consumers as grocery prices rise

Kantar publishes Irish grocery figures later this week. 

With inflationary pressures mounting in the British economy, one Bank of England policymaker on Saturday told households to get ready for early interest rate rises.

British grocery prices increased 1.7% in the four weeks to October 3 from a year earlier, market researcher Kantar said, adding to pressure on UK households already facing soaring energy bills.

With inflationary pressures mounting in the British economy, one Bank of England policymaker on Saturday told households to get ready for early interest rate rises.