Food prices rose 1.4% month-on-month in June across Tesco, Sainsbury’s and Waitrose, the first clear increase this year as energy and freight costs from the Iran conflict hit shelves.
Bellway reported a 6.2% drop in private house reservations year-on-year, blaming higher mortgage rates triggered by the same conflict and rising build costs.
Petrol spending jumped nearly 12% in May, driving overall consumer card spending up 0.8% year-on-year even as households faced average...
