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BBC News at One

research carried out for the bbc shows the overall cost of making this lunchtime staple has risen by more than a third in the past year. that's much more than the official rate of food price inflation, which is running at around 19%. the boss of the sandwich chain pret a manger has warned prices have yet to peak, as our business correspondent emma simpson reports. at pret a manger all the sarnies are made fresh on site, like here at this outlet in croydon. a chain that sells around 11 million of them every year. the humble sandwich can reveal a lot about what's going on with food price inflation. cost price pressures everywhere, from energy costs to supplier costs to people costs. as an example, salmon has seen a 40% increase. our crisps have increased by 125%. pork has increased by 20%. and some ingredients are still going up, weaker harvests impacting supplies.

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BBC News at One

last week. tesco are doing so today. it has reported a 10% fall in underlying profits in its retail operations, said this was down to of things. as you said, that switch from branded products to cheaper own label ranges. customers putting fewer items in their baskets, people moving into frozen from fresh food, so volumes are down. and of course, tesco, like all the other supermarkets, are trying to absorb a lot of these huge cost price pressures that they are facing. tesco are also saying today that it is increasing pay for staff for the second time in a year. that is an extra 20p an hour, taking total pay up extra 20p an hour, taking total pay up around 8% for the year. it has also announced a price freeze today on more than 1000 products. the ceo of tesco warned about significant uncertainties ahead about how consumers are going to continue to

Things , Profits , Retail-operations , 10 , People , Course , Supermarket-chain-tesco , Products , Customers , Supermarkets , Switch , Label-ranges

BBC News at Six

our business correspondent emma simpson has more details. what exact has happened? it sounds like a big stand—off. it what exact has happened? it sounds like a big stand-off.— like a big stand-off. it is. you've not like a big stand-off. it is. you've got heinz. _ like a big stand-off. it is. you've got heinz. a _ like a big stand-off. it is. you've got heinz, a global— like a big stand-off. it is. you've got heinz, a global giant - like a big stand-off. it is. you've got heinz, a global giant in - like a big stand-off. it is. you've got heinz, a global giant in food| got heinz, a global giant in food manufacturing, pitted against tesco, britain's biggest retailer, and these products are sold in huge quantities every week. of course, the backdrop to this, you havejust been hearing it in simon's report, is that suppliers, big and small, are facing once in a generation style cost price pressures. the debate is how these get passed on. clearly this is a row over what tesco was prepared to accept. 0f tesco was prepared to accept. of course, there are intense negotiations between lots of suppliers and retailers right now. they have been going on for months. in a statement tonight, tesco said with household budgets are under increasing pressure, it had a responsibility to ensure that customers get the best possible value right now, and that it would not pass on what it called unjustifiable price increases to customers. kraft heinz said it was working closely with tesco to get a

Food , 0f-tesco , Heinz , Britain , Giant , Emma-simpson , Stand-off , Big-stand-off-like-a , Global-like-a-big-stand-off , Like-a-big-stand-off , Got-heinz , Details