Food prices are set to rise as the protection policies that supermarkets currently have to shield them from the fallout of sterling’s collapse are close to expiring, retail chiefs warn.
The head of one of Britain’s largest supermarkets said that as the currency protection or hedges that grocers have in place will expire over the next months, shoppers will end up paying more at the tills as the pound’s slump has slashed their purchasing power.
- Plans to Increase ‘Breathing Space’ for People with Serious Debt
- Our Guide to Borrowing Money from Friends and Family
- Wage Woes, Plus Our Tips for Getting a Pay Rise
- What You Need To Know About Luxury Credit Cards
- Interest Rate Rise: What to Ask When Switching Your Savings
- 5 Tips to Master the Art of Couponing
- How to Create an Office Space That Works
- What You Need to Know About Contactless Payments