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Story perspectives

UK Retailers Seek Tax Relief Amid Rising Food Costs

1/9/2025

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Story summary
  • UK retailers call for tax relief as food prices are projected to rise by 4.2% in 2025.
  • A £7bn cost surge from national insurance and living wage increases pressures retailers.
  • In Syria, food prices have dropped by half since the Assad regime's fall, thanks to lower transport costs.
  • Stabilization of the Syrian lira and fewer military checkpoints have further reduced prices.
  • Ongoing Western sanctions impede Syria's economic recovery and essential imports.