Budget supermarket Lidl is to begin what it calls a “claret offensive” - where it will purchase over 1 million bottles of “premium” French wines in order to target wealthier customers, and expand into central London.
It’s thought tens of thousands of workers at the Yue Yuen Holdings Inc., factory in China have gone on strike to demand better employment benefits.
The UK’s inflation rate, measured by the Consumer Prices Index, fell to 2 per cent in December, the first time it’s reached the government’s set target since November 2009. Inflation fell 2.1 per cent from November 2013, a drop that the Office for National Statistics (ONS) attributed to slower increases in the prices of food.
Prices of frozen turkeys this year are up by 17 per cent in supermarkets, despite the wholesale market only increasing by 8 per cent. Research published by The Grocer Magazine last year found that the average price of a frozen turkey weighing 5-6kg cost £17. This is compared to the £20 average which supermarket chains will be commanding this year, according to the Daily Mail.
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