UK inflation climbs higher than forecast
UK shop price inflation rose faster than expected in January, driven by higher food prices and sustained cost pressures across the retail sector.
28 January 2026
28 January 2026
UK shop price inflation rose faster than expected in January, driven by higher food prices and sustained cost pressures across the retail sector.
The measures include a reduction in new business rates bills from April, a real-terms freeze for subsequent years and a review of how pubs are valued for taxation.
From late January 2026, heat networks serving shops, offices and mixed-use developments fall under regulatory oversight by the national energy regulator.
The CEO has run the group for nearly four decades and oversees more than 70 brands, including Dior and Tiffany.
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