Families face grocery bill increase of '£100 a week' by 2030, warns financial experts
The average British household could see their grocery bills skyrocket to over an additional £100 each week by 2030, according to new research.
Research by financial institution Admiral Markets suggests that the average weekly spend will increase by £7.61 by the end of 2022 - leading to an average bill of £76.81. It comes amid concerns that food-price inflation is rising out of control after reaching its highest recorded rate in September, Hull Live reports.
“Several factors are conspiring to drive inflation higher,” Admiral Market analyst, Roberto Rivero said. “The rising cost of energy is the most important but this has been re-enforced by Covid-related supply-chain issued, labour shortages and the limited amount of food exported by Ukraine and Russia this year compared to normal times. This improbable combination of negative factors explains the rapid jump in the rate of inflation.
Danmark Seneste Nyt, Danmark Overskrifter
Similar News:Du kan også læse nyheder, der ligner denne, som vi har indsamlet fra andre nyhedskilder.
Research call over MND risk to elite rugby playersAn expert calls for 'immediate research' after a study suggests players could be at increased risk.
Læs mere »
British warship patrolling North Sea oil fields after warning of 'sabotage'A Royal Navy frigate is patrolling the North Sea amid warnings about ‘sabotage’ of European energy infrastructure. The Ministry of Defence confirmed earlier this week a ship had been sent to ‘reassure’ workers in the gas industry.
Læs mere »
Glasgow families to spend more than £150 on weekly shop by 2030By the year 2030, households in Glasgow could be spending more than £150 on average on their weekly shopping according to new research — an additional £8,000 a year
Læs mere »
B&M slammed by angry mum after £20 wallpaper 'wouldn't stick to the walls'Miriam Beck spent more than £100 to give her living room a makeover - but she was left fuming after trying and failing to hang the wallpaper seven times
Læs mere »
New powers to hand out £100 fines for failing to pick up after poochesA council has been given new powers to hand out £100 fines if owners don’t pick up their pooches’ poo.
Læs mere »