Live Breaking News & Updates on Cost of living correspondent coletta smith

more expensive bread, cereals and chocolate caused the overall average price of food and non—alcoholic drinks to increase by a rather hefty 19% in the year to march — the fastest annual rate for nearly half a century. economists say it's now far more likely that the bank of england will raise its base interest rate next month, and they say the rate could hit 5% by the autumn. our cost of living correspondent coletta smith has more details. 0h, here come the sausages. it's hot dinner day in this little community kitchen in halifax. started off with about ten portions. in eight weeks, it's grown to almost 150 portions. demand has skyrocketed over the last few months for one simple reason... food going up, astronomically. gravy browning, it was £2 one week and then the next time i went to get one it was £4.50!

Food , Drinks , Bread , Price , Cereals , Chocolate , 19 , Rate , Bank-of-england , Base-interest-rate , Cost-of-living-correspondent-coletta-smith , Autumn