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Future of British Business

Food Bills Rise as UK Inflation Hits Highest Level Since 2008

  • Average annual shop will increase by £533 or £10.25 a week
  • Supermarkets facing their own surging costs as wage bills rise

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Inflation on the weekly supermarket shop has hit a record level in the UK, pushing cash-strapped consumers to buy own-label products as they grapple with the surging cost of living.