Inflation in UK Shops Climbs to Highest Rate on Record – Bloomberg

Virtual reality and sports seem like polar opposites. But the largest companies in Silicon Valley are trying to change that, using virtual sports platforms to drive adoption and profit in this new world.
Live market coverage co-anchored from Hong Kong and New York. Overnight on Wall Street is daytime in Asia. Markets never sleep, and neither does Bloomberg. Track your investments 24 hours a day, around the clock from around the world.
Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. This documentary-style series follows investigative journalists as they uncover the truth
Exxon Mobil to Sell Thai Refinery, Retail Unit to Bangchak Corp
China Factory Deflation Ebbs Despite Disruption Caused by Covid
South Korea Set for One More Rate Hike as Risks Mount
ECB’s De Cos Sees ‘Significant’ Rate Hikes at Coming Meetings
Fed’s Collins Leans Toward Downshifting to a Quarter-Point Hike
Apollo Future Mobility to Buy China EV Maker for $2 Billion
Amazon Union’s NYC Victory Certified by Federal Labor Board
Electric Cars Are Getting Too Big and Bulky, Safety Regulator Warns
China’s BYD Plans Push Into India’s Burgeoning EV Market
Apple Is Working on Adding Touch Screens to Macs in Major Turnabout
Australia’s Albanese Pushes Defense Ties in Papua New Guinea
US-Japan Deepen Space, Military Ties as China’s Threat Grows
BNP Paribas Expands South Florida Reach With New Miami Office
World’s Richest Man Bernard Arnault Taps Daughter to Run Dior
Spurs Set to Break NBA Single-Game Attendance Record
LA Gondola Project Overcomes a Challenge From Opponents
The IRS Needs Money to Make Money
China’s Covid Surge Could Make Xi More Dangerous
Race to Refloat China Recalls Heady Days of 2008
Hollywood Bets Moviegoers Are Ready to Return to Theaters
America’s Homes Are Already Transforming Into Mini Power Plants
There Are Fortunes to Be Made in the Carbon Capture Gold Rush
Amazon Union’s NYC Victory Certified by Federal Labor Board
Speech Groups Criticize Florida School for Scrapping Play
Flood Warnings Issued as Heavy Rain and 60 Mph Wind Expected in Parts of UK
Wall Street’s New ESG Money-Maker Promises Nature Conservation — With a Catch
When Modernism Met the Mob in Brasília
How Native Tribes Are Using $20 Billion in Pandemic Aid
The Supertalls Are Coming to Austin
FTX Debacle Impels UAE to Assess Its Crypto Ambitions (Podcast)
How Did Binance Come to Dominate Crypto? (Podcast)
CFTC Sues Trader Over Alleged $114 Million Mango Markets Crypto Swaps Scam
Shoppers are doing everything they can to save money at the checkout, including opting for discount supermarkets.
Photographer: Christopher Furlong/Getty Images

Subscriber Benefit
Sign In
Prices in British shops rose at the highest rate since at least 2005 this month as Britons battled soaring costs on everything from gasoline to crisps.
The British Retail Consortium said shop price inflation accelerated to 5.1% in August, a new record for the index which was started in 2005, and up from 4.4% in July. Food price increases hit 9.3% with milk, margarine and crisps seeing the biggest rises. This level of food inflation could continue for at least another six months, according to NielsenIQ, which produces the data for the BRC.


Leave a Comment