Inflation in UK Shops Rises to Highest Level on Record

Prices in British shops rose by the highest rate since at least 2005 last month as the cost-of-living crisis piles pressure on consumers.

The British Retail Consortium said shop-price inflation accelerated to 6.6% in October, a record for the index which started 17 years ago, and up from 5.7% in September. Food price increases hit 11.6%, another record, with tea bags, milk and sugar all experiencing significant hikes.