Tesco, Sainsbury's, Asda prices to skyrocket, experts say
The UK is at particular risk thanks to heatwaves and droughts.
Under a high-emission 'worst-case' scenario, food prices could rise by 34%, the study found.
Just me and mother in the house, neither of us have particularly expensive tastes but I've just been to Tesco's and managed to spend £99 on the weekly shop (£113 before Clubcard prices and vouchers taken off). It's quite scary how expensive things have become now. — Pete Hind (@toonpete85) July 18, 2025
Under a 'best-case' scenario, the cumulative food price inflation could still reach 25% by 2050.
Heatwaves in the UK could cost an average household between £917 and £1,247 by 2050, it added.
It comes after the UK's leading retailers like Tesco, Asda, Sainsbury's and Morrisons have warned over the changing landscape of the retail industry owing to the searing and scorching heatwaves the UK has experienced.
Will Stronge, the chief executive of the Autonomy Institute, said the UK could look at introducing 'buffer stocks'.
'Climateflation is no longer a distant risk; it's a present reality,' Stronge told the Guardian.
Recommended reading:
'We need to build real economic resilience – and that means rethinking what public service provision can and should provide in the face of climate disruption: from delivery of basic essentials to publicly funded diners and a national buffer stock.'
The British Retail Consortium (BRC) said rising fruit and vegetable prices had contributed to a jump in food price inflation in June.
Helen Dickinson, the BRC chief executive, said: 'Retailers have warned of higher prices for consumers since last year's autumn budget and the huge rises to employer national insurance costs and the national living wage.
'We predicted a significant rise in food inflation by the end of this year, and this has been accelerated by geopolitical tensions and impacts of climate change.'
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
North Wales Chronicle
an hour ago
- North Wales Chronicle
Win free Lidl bakery items until August 20 in Lidl Plus app
The supermarket is running a deal from its Lidl Plus app where members can take part in the Lidl bakery spin. From Thursday, July 31, to Wednesday, August 20, they'll have the opportunity to spin the wheel in the app to win a treat every time they shop in-store. In a statement, the supermarket said: "Whether it's the golden, flaky All Butter Croissant, a fan-favourite that sells an impressive 218 times a minute, or the cult-favourite Cheese Twist - shoppers will have one spin available to redeem each day. A post shared by Lidl GB (@lidlgb) "To bake the most of the offer and unlock a spin, all shoppers need to do is buy an item in-store and scan their Lidl Plus app at the checkout. "From there, they'll have one week to tap and spin the wheel within the app to see which tasty freebie they've bagged - it's a piece of cake." The complete selection of baked items available to win includes: Mozzarella & Pesto Pizza Vegetable Pizza Slice Apple Turnover Maple and Pecan Plait 5.5% Pecans Belgian Bun All Butter Pain au Chocolat All Butter Croissant Baked Cookies Assorted Demi Baguette Jam Filled Doughnut Filled Muffins Assorted Toffee Filled Yum Yum Chocolate Hazelnut Doughnut Almont Croissant Pink Iced Ring Doughnut Chocolate Iced Ring Doughnut Chocolate Hazelnut Croissant Pizza Margherita White Cheddar Chocolate Twist Cheese Twist To make the most of the offer, shoppers will need to download the Lidl Plus app and register an account for free. Lidl was set up in Germany in 1930 when Josef Schwarz became a partner in a company called Südfrüchte Großhandlung Lidl & Co. This had been established by Anton Lidl since at least 1858 under the name & Cie, specialising in the sale of exotic fruits. Schwarz renamed the company Lidl & Schwarz KG and expanded into a food wholesaler. In 1977, under his son Dieter Schwarz, the Schwarz Group began to focus on discount markets and larger supermarkets. Recommended reading: Lidl shoppers 'can't unsee' hidden animal in supermarket logo - can you spot it? Tesco, Sainsbury's, Asda, Aldi, and Lidl to introduce huge car park changes Tesco, Sainsbury's, Morrisons, Asda prices set to increase by 33%, experts warn Dieter wasn't keen on using his own name for this, as the name Schwarz-Markt translates to 'black market'. He wanted to use the name of his father's former business partner, but legal reasons prevented him from doing so. When he discovered a newspaper article about a painter and retired schoolteacher Ludwig Lidl, he bought the rights to the name from him for 1,000 German marks. From there, the Lidl name was used and it expanded into many countries over time.
Powys County Times
8 hours ago
- Powys County Times
Aldi raises minimum rate for staff in UK supermarket first
Supermarket chain Aldi has given store workers a pay rise after it announced it was hiking its minimum wage to £13 an hour from September. The budget-friendly grocery chain claims to be the first UK supermarket to introduce the new minimum rate. The change will see store assistants being paid a minimum of £13 an hour nationwide from September 1, up from a current £12.75. Within the M25, this rises to £14.33 from the current £14.05. Based on the length of service, Aldi store assistants could see their pay jump to £13.93 nationally, and to £14.64 within the M25. Aldi raises minimum wage for store workers Giles Hurley, chief executive of Aldi UK and Ireland, said: 'Our people are the driving force behind our success across the UK. 'This latest investment in pay is a reflection of their hard work and the incredible contribution they make every single day. 'We're proud to remain the UK's highest-paying supermarket and will continue to support our colleagues in every way we can.' The news also follows Aldi being named the Employer of the Year at The Grocer Gold Awards. At the awards, Aldi was recognised for its competitive pay, investment in training and its focus on diversity and inclusion. The UK national minimum wage was raised to £12.21 an hour in April for workers over the age of 21. Other supermarkets have raised their bottom rates for thousands of shop workers in recent months to bring them above the national minimum. Recommended Reading Tesco store workers are set to benefit from minimum hourly rates rising to £12.64 an hour from the end of August, having risen to £12.45 from March 30. For Sainsbury's and Argos workers, the national minimum hourly rate will rise to £12.60 in August, having increased to £12 in March.
Glasgow Times
9 hours ago
- Glasgow Times
Aldi raises minimum rate for staff in UK supermarket first
The budget-friendly grocery chain claims to be the first UK supermarket to introduce the new minimum rate. The change will see store assistants being paid a minimum of £13 an hour nationwide from September 1, up from a current £12.75. Within the M25, this rises to £14.33 from the current £14.05. Based on the length of service, Aldi store assistants could see their pay jump to £13.93 nationally, and to £14.64 within the M25. Aldi raises minimum wage for store workers Giles Hurley, chief executive of Aldi UK and Ireland, said: 'Our people are the driving force behind our success across the UK. 'This latest investment in pay is a reflection of their hard work and the incredible contribution they make every single day. 'We're proud to remain the UK's highest-paying supermarket and will continue to support our colleagues in every way we can.' The news also follows Aldi being named the Employer of the Year at The Grocer Gold Awards. At the awards, Aldi was recognised for its competitive pay, investment in training and its focus on diversity and inclusion. The UK national minimum wage was raised to £12.21 an hour in April for workers over the age of 21. Other supermarkets have raised their bottom rates for thousands of shop workers in recent months to bring them above the national minimum. Recommended Reading Tesco store workers are set to benefit from minimum hourly rates rising to £12.64 an hour from the end of August, having risen to £12.45 from March 30. For Sainsbury's and Argos workers, the national minimum hourly rate will rise to £12.60 in August, having increased to £12 in March. Rival German discounter Lidl, earlier this year, increased hourly pay for thousands of workers to £12.75 an hour across the UK.
