Fifty-seven per cent of UK households, and 61 per cent of workers, are most worried about prices rising faster than wages, according to a BRC survey.
Inflation stands at 3.8 per cent, with food inflation at risk of exceeding 5 per cent into 2026 if new taxes are imposed.
The BRC urged the government to exclude large shops from a planned surtax to avoid pushing prices higher.
Inflation stands at 3.8 per cent, with food inflation at risk of exceeding 5 per cent into 2026 if new taxes are imposed.
The BRC urged the government to exclude large shops from a planned surtax to avoid pushing prices higher.