“However, if there were a change in quality, for example, from a value brand to premium brand, or from own brand to branded, then we would break the price chain,” they told Reality Check, which means that they would buy a different product but not include the change in price in the inflation calculation.
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Thames Water troubles swell as parent firm defaults
admin, , Business, 0
It has issued a formal notice to its bondholders, but asked them to take “no creditor action” in order...
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Is the past year’s spike in strike action here to stay?
admin, , Business, 0
Settlements such as this one have been occurring in so-called shortage sectors, such as driving buses, lorries, and rubbish...
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Lorry driver shortage: Government working on temporary visa scheme
admin, , Business, 0
That’s because the new immigration system that came in after Brexit was all about saying to companies: “You can’t...
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Recession looms as UK economy starts to shrink
admin, , Business, 0
And while some of the monthly hit in September can be explained by the extra bank holiday, the hit...
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Brexit deal is ‘best Christmas present I could have’
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By Mary-Ann RussonBusiness reporter, BBC News The UK and European Union (EU) have finally reached a post-Brexit trade deal,...
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All Wilko shops to shut with 12,500 jobs likely to go
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Nadine Houghton, national officer at the GMB union, said: “Wilko was far more than a brand, a retailer or...
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‘Thrill of investing’ leads young to take risks
admin, , Business, 0
Becky O’Connor, from investment platform Interactive Investor, said: “We want young people to invest – in their pensions and...
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Russia threatens to stop supplying gas if not paid in roubles
admin, , Business, 0
Germany, which gets about half its gas and a third of its oil from Russia, has urged its citizens...
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