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Impacting many ingredients, shoppers are sharing the pain. a basket of food that cost £50 one year ago will now set you back £60. half of households have had to buy less. with the cost of wheat, oil and dairy now dropping, there are a few price cuts, but why aren't there more? are retailers taking a larger slice? let's consider where your money goes. take a block of cheese costing £2.50. an academic study shows that the farmers cost account for nearly £1.50. the retailers and processors overheads make up most of the rest. as for profit, there is just 3.5 pence left to be split between them...

Single bus fares will stay capped at £2 until the end of october, after the government extended its travel scheme. the cap applies to more than 130 bus operators in england, but not london. it's part of measures to ease the cost of living on passengers, and encourage people to use buses, but the industry is warning it won't be enough to prevent further cuts to services. here's our transport correspondent katy austin. millions of people rely on buses to get to work, go to the shops or to see family and friends. but britain's bus network has been shrinking for years and the pandemic dealt anoth...

Between £3 and £5 to get to where i was trying to get to. it really helps me to save some money. that was all due to finish at the end ofjune. now £200 million will be put towards keeping the £2 bus fares until the end of october and a cap of £2.50 for a further year. for bus users right across the country, fare caps really help them, particularly on those longer journeys where they are perhaps commuting from town to town over some distance. those capping fares really helps people with their cost of living. the industry predicted one in seven services in england could have been axed if fi...

Until the end of october and a cap of £2.50 for a further year. buses right across the country, fare caps really help, especially on longerjourneys where they are perhaps commuting from town to town over some distance. those capping fares really helps people with the cost of living. the industry predicted one in seven services in england could have been axed if financial support stopped altogether. today £300 million was also announced to help protect at—risk services and towards improvements. the industry said this would not save every route from closure. we have been very clear with the ...

Is unavoidable, for it is their bigger bills which underpins both. as the man in charge of our biggest dairy cooperative knows. cost pressures on farms have come from all the global factors of conflict and the disruption coming out of covid and so on. actually, farmers have had to pay more than 80% more for their feed, fertiliser and fuel. similar to our household bills, the food we are buying, the energy we are getting for our homes. that's put pressure on them. with the spike in costs impacting many ingredients, shoppers are sharing the pain. a basket of food that cost £50 one year ago will...