Food prices drop for the first time in two years

Competition between supermarkets has led to the first monthly drop in food prices for more than two years, an industry body has said. The British Retail Consortium (BRC) said prices in September were down 0.1% from the previous month. Prices of dairy goods, margarine, fish and vegetables – which are often own-brand lines – all […]

National living wage rises to £11 an hour

The national living wage is set to increase to at least £11 an hour from next April. In a speech to the Conservative Party conference, the BBC expects Jeremy Hunt to say the move will benefit two million of the lowest-paid workers. He will also say he intends to toughen sanctions for people on benefits […]