Until now, the cost of living crisis has been most closely associated with energy bills - but soon food costs will overtake energy as the main inflation driver.
Food costs are set to overtake energy bills in driving up UK inflation this summer, a new report has warned, reports The Manc.
The report by the Resolution Foundation has found that the cost of living crisis - until now dominated by sky-high energy bills - will soon be driven by rocketing food prices, once again hitting poorer UK households the hardest.
According to the report, whilst energy prices have risen faster in the UK it is still food that makes up the largest share of a typical household's outgoings.
As a result, as food prices continue to rise whilst energy bills fall back this summer it is predicted that the cost of eating will become the biggest threat to people's finances.
Food prices have increased by 25 per cent over the past year and a half, greatly impacting the squeeze on living standards in low and middle-income households.
And now, grocery bills are expected to increase again over the summer.
According to the thinktank behind the report, it was not clear that politicians were currently prepared for another year of food price rises or that “policy debates have caught up with the scale of what is going on”.
Food price inflation reached around 19 per cent in March, the highest in almost half a century. As a result, the report asserts that food prices will be 'contributing far more than energy to CPI inflation through the remainder of 2023.'
The report said: "By this summer, food costs will have overtaken energy bills in the scale of the shock they are administering to family finances."
The Resolution added that it can also model the scale of the impact across individual households, suggesting that this summer 16 million households (56 per cent) will face a big shock when it comes to paying for their food.
The Bank of England governer Andrew Bailey told business leaders earlier this month that he was 'concerned' that food and other non-energy prices would remain elevated.
Typically, food prices in the UK fall in the summer as locally-grown crops replace those imported from abroad.
However, factory gate prices for milk, meat and other foods have accelerated, in some cases by more than 50% year on year.
The Resolution Foundation’s report, Food for Thought, says food prices are expected to contribute “more to overall inflation than energy” in the months ahead.
“Between March and September 2023, food prices are expected to contribute around 2 percentage points to inflation each month, while the contribution of energy prices is set to fall from 3 percentage points to less than 1,” the report estimates.
The cost to the nation from higher food prices since the 2019-20 financial year would be £28bn by the end of the summer, compared with an extra £25bn cost from higher energy prices, it added.
Lalitha Try, one of the report’s authors, said: “Everyone realises food prices are rising but it’s less clear that the scale of the increases has been understood in Westminster.”
“What rising food prices have in common with surging energy bills is that they pose a greater challenge to lower-income households, who spend a higher proportion of their income on food – 15%, compared with 10% for the highest-income households in 2019-20.
“As a result, the effective inflation rate for the poorest 10th of households was almost 50% higher compared with the richest 10th of households in March.”
Featured image - RawPixel
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Ilkley crowned the best place to live in the north by The Sunday Times
The beautiful spa town of Ilkley has been crowned the best place to live in the north of England by The Sunday Times.
The results are in, and our very own Ilkley has taken the top spot for the north and north-east category.
The list posted but the Sunday Times every year, features 72 locations across the UK that they deem are the best spots to settle down in.
Judges visited each location to take in the atmosphere, explore the history and chat to the locals to find out what made each place so special.
Images: The Hoot Leeds
It's not the first time the wonderful spa town of Ilkley has been praised, having been the national winner back in 2022 it's no stranger to taking home the trophy.
The judging panel said about Ilkley: “It’s not just the fresh air, fantastic scenery, excellent schools and direct trains to Leeds that make Ilkley this year’s pick of the north and northeast. It’s the get-up and go of a community that tackles every challenge with gusto.”
"It's hard to imagine anywhere with more opportunities for youngsters."
Images: The Hoot Leeds
Also getting a mention in the regional category was Horsforth, which was recommended for its transport links, brilliant local schools and thriving social scene.
The guide said: "The city is Yorkshire's economic powerhouse - but for something a bit greener, a bit more family friendly, it's hard to better Horsforth's streets of sandstone houses."
Elsewhere up north, Sheffield got a special shoutout where the judges said: "Burgeoning creative industries and judicious regeneration are igniting interest in previously overlooked postcodes ... Hipsters and happy families alike are celebrating, welcoming, embracing, loving this city-wide vibe."
So if you fancy escaping the hustle and bustle of the city centre, then why not hop on a train and visit the best place to live up north and see for yourselves what the fuss is all about.
Adolescence tops Netflix charts with more than 24 million views in four days
Emily Sergeant
New British series Adolescence has shot right to the top of Netflix’s most-watched TV charts after more than 24 million people tune in.
Hitting the streaming platform just last Thursday, Adolescence is a four-part limited series about a 13-year-old boy who is accused of murdering one of his classmates, with each episode remarkably being filmed in one unflinching and continuous shot.
This truly gripping story unfolds in real time as the main characters search for answers in the wake of a shocking tragedy.
Who is actually responsible? Why did it happen? And could it have been prevented?
Image: Netflix
Co-created and written by Jack Thorne and Stephen Graham, with Graham starring alongside an ensemble cast of accomplished actors such as Ashley Walters and Erin Doherty, as well as screen newcomer Owen Cooper as the young boy Eddie Miller, accused of murder, the show tells the story of how a family’s world is turned upside.
“We could have made a drama about gangs and knife crime, or about a kid whose mother is an alcoholic or whose father is a violent abuser,” Stephen Graham said ahead of the show‘s release.
Image: Netflix
“Instead, we wanted you to look at this family and think, ‘My God, this could be happening to us.’ And what’s happening here is an ordinary family’s worst nightmare.”
Over the course of the four intense one-shot episodes, the show shines a uncomfortable spotlight on and examines key themes such as male rage, the dangers of social media, cyberbullying, incel culture, and more.
The latest viewing figures show that Adolescence undoubtedly has been a runaway hit, with a whopping 24.3 million views amassed in its first four days of availability, making it the streaming platform’s top show for the week of 10-16 March.
Image: Netflix
As the show continues to garner universal acclaim, standing at 98% on notable critic website Rotten Tomatoes, those viewing figures are set to clock up thick and fast as the days go on.
While Adolescence and Jamie’s story isn’t based on a real person or event specifically, Graham, Thorne, and director Philip Barantini have confirmed that the idea for the series did spring from reports that co-creator Graham had heard about on the news of young boys being involved in knife crimes – particularly the shocking 2021 murder of Ava White in Liverpool.
Much of Adolescence was filmed in Pontefract in West Yorkshire, with the casting of Cooper in the role of Jamie ultimately influencing where the show was shot.
“We knew it was going to be set somewhere in the North of England, and we also knew it would be from somewhere around wherever our Jamie was from – in this case near Warrington – because it would have been unfair to make him do an accent,” explained director Philip Barantini.
All four episodes of Adolescence are now available to stream on Netflix.
The Hoot -
24th May 2023 
