This move follows similar initiatives by Sainsbury's and Iceland to address concerns about the vulnerability of formula products to price shocks.
This noteworthy reduction in grocery price inflation comes after a prolonged period of 16 months where double-digit growth had become the norm.
The latest data from RAC indicates a sharp increase in the average price for a litre of unleaded petrol, reaching £1.45, while diesel prices remain steady at £1.46.
Airport vehicles and supermarket delivery trucks are set to benefit from upcoming hydrogen transport projects taking place in Tees Valley.
The British berry sector is confronting a critical challenge as retailers fail to keep pace with growers' increasing production costs.
According to CMA, competition in the UK grocery retail industry will keep price increases low, despite food and grocery costs at historically high levels.
The CMA studied the road fuel market in depth to realise that the competition in retail has weakened since 2019, leading to them proposing a fuel finder scheme that helps consumers compare fuel prices.
In the face of the challenges facing the retail industry, British supermarkets are determined to stay ahead through the implementation of innovative strategies.
A busy mum saved money and earned cash back rewards on her grocery shopping by using a debit card, ultimately getting two months of free groceries after over a year.
Sainsbury's, Britain's second-largest supermarket group, on Tuesday began offering lower prices on more than 300 items to the 18 million members of its Nectar loyalty scheme, rivalling a similar initiative at market leader Tesco.
England and Wales are home to nearly four million Muslims, and just under 40 percent of them live in the most deprived areas, according to census data released last year.
The shortage in agricultural goods impacting the UK is drifting to a harsh scenario as a result of the weather condition and supermarkets' policies in attaining supply.
The fast-food giant confirmed the extension until March 31 this year.
British grocery inflation hit 17.1% in the four weeks to Feb.
Thérèse Coffey sparked controversy with her remarks while addressing the House of Commons regarding the shortage of vegetables in supermarkets.
Vice President of Product Marketing, e2open, urges UK retailers to utilise modern technology solutions for logistics management amidst weather crisis.
Britons may face shortages of salad staples, including tomatoes, cucumbers and peppers, for up to another month, the government said on Thursday.
Britain's big supermarkets say they have never been more competitive on price, yet their customers are still flocking to German-owned discount stores Aldi and Lidl.
A consortium including Hydrogen truck startup HVS and supermarket chain Asda said on Wednesday it had been awarded a 6.6 million pound ($8.1 million) UK government grant to develop autonomous hydrogen heavy goods vehicles.
British grocery inflation hit a record 16.7% in the four weeks to Jan.
Unilever on Monday appointed Hein Schumacher to replace Alan Jope as chief executive from July in a move that was welcomed by investors including board member and activist shareholder Nelson Peltz.
Weak confidence around personal finances and a squeeze on disposable income will hold back growth in food retail sales to around 5% in 2023, according to market researcher NielsenIQ.
British grocery sales rose 9.4% to a record 12.8 billion pounds ($15.3 billion) in the four weeks to Dec.
In Britain, the damage wrought by rampant inflation can be seen in the fate of the humble egg.
British grocery inflation hit 14.7% in October, another new record, and it is still too early to call the ceiling, market researcher Kantar said on Tuesday.
Facing the toughest economic conditions in decades, Britain's supermarkets are cutting product ranges, searching for cost savings and patrolling each other's stores to check prices and products as they try to stay one step ahead.
Because the cost of living is hitting people very urgently and directly. Food is a much bigger percentage of retail sales than other categories, and the cost is going up rapidly.
British shoppers swapped branded items for cheaper own-label products and turned to value ranges to help manage grocery inflation which soared to 8.3% in the four weeks to June 12, its highest level since April 2009, industry data showed on Tuesday.
An investigation by Britain's Observer newspaper claimed that nine of 13 companies accused of firing and rehiring made profits or increased executive pay.
Supermarket shelves across the UK have been emptied of tinned goods, dried pasta and loo rolls despite reassurances of constant stocks