Facebook Pixel 'Labour's decision to tax jobs and ramp up borrowing is killing growth and stoking inflation' | Scottish Daily Express - newspaper - Read this story on Magzter.com

Try GOLD - Free

'Labour's decision to tax jobs and ramp up borrowing is killing growth and stoking inflation'

Scottish Daily Express

|

July 17, 2025

RETAILERS are holding Rachel Reeves responsible for soaring food costs after prices surged for the third month in a row.

Despite the Chancellor's claims to be ending the cost-of-living crisis, figures show the rate of inflation jumped to 3.6% in June.

But the situation for families is worse, with the cost of weekly staples rising by 4.5% with bread, rice and pasta going up the most.

The alarm was sounded by the British Retail Consortium, which represents major supermarket chains and other high-street stores.

It said bad weather was partly to blame, but also warned that decisions taken by the Chancellor, including increasing National Insurance and the minimum wage, had pushed up costs.

Kris Hamer, director of insight at the BRC, said: "While inflation has risen steadily over the last year, food inflation has seen a much more pronounced increase.

"Despite fierce competition between retailers, the ongoing impact of the last Budget and poor harvests caused by the extreme weather have resulted in prices for consumers rising." BRC members include Asda, Lidl, Tesco, M&S and Sainsbury's.

The price of meat has soared, with beef and veal up 20.4% over 12 months. Lamb and goat are up by 10.2%.

MORE STORIES FROM Scottish Daily Express

Scottish Daily Express

Scottish Daily Express

'I miss the goodness of Sarah'

Mum remembers 'principled' daughter who was murdered five years ago by Met officer

time to read

2 mins

March 04, 2026

Scottish Daily Express

Scottish Daily Express

GROWING PAINS

ON A grey weekday morning, the car park of a garden centre on the edge of town is already busy.

time to read

5 mins

March 04, 2026

Scottish Daily Express

Scottish Daily Express

Schwarz in talks with Aberdeen

SANDRO SCHWARZ flew into Scotland yesterday for talks with Aberdeen chiefs over the vacant managerial position and will take in tonight's game with Celtic.

time to read

1 mins

March 04, 2026

Scottish Daily Express

'Horrific' record high of patients wait more than 12 hours in A&E

A RECORD number of patients spent more than 12 hours waiting for treatment in Scotland's A&E departments, new figures have revealed.

time to read

2 mins

March 04, 2026

Scottish Daily Express

Scottish Daily Express

FATAH FANS FAINT HOPES

AMAR FATAH kept Dundee United's slim top-six hopes alive with a late winner from the spot to pile even more pressure on struggling St Mirren.

time to read

3 mins

March 04, 2026

Scottish Daily Express

Scottish Daily Express

Boarded-up for eight years...ghost village of brand-new homes

VILLAGERS in Cornwall are fuming over a \"ghost estate\" still empty after eight years and want it to be used for social housing.

time to read

1 mins

March 04, 2026

Scottish Daily Express

DON'T WRITE THEM OFF

O'Neill backs January signings to come good

time to read

2 mins

March 04, 2026

Scottish Daily Express

Scottish Daily Express

'Bain is an activist. She says she is politically neutral then backs radical justice changes'

THE Lord Advocate was yesterday branded an \"activist\" by Russell Findlay, who said Scotland was \"beginning to resemble a banana republic without the bananas\".

time to read

2 mins

March 04, 2026

Scottish Daily Express

Scottish Daily Express

1 MILLION MORE WILL PAY TAX ON STATE PENSIONS

A MILLION more of the poorest pen- sioners will have to pay income tax in Labour’s state pen- sions stealth raid.

time to read

3 mins

March 04, 2026

Scottish Daily Express

'SNP needs to be booted out before they destroy our NHS for good'

Compliance with that target has now been below 80% since the summer of 2021.

time to read

1 min

March 04, 2026

Listen

Translate

Share

-
+

Change font size