Despite inflation staying within the Bank of England’s target of 2%, business owners, workers, and retirees continue to experience financial strain. BBC News NI recently visited a local café and burger van to gauge spending impacts. James Newell, a farmer from Ballymoney, noted a significant price hike for his favorite snack, a filled soda, which rose from £3.50 to £5.00 in the past year. He acknowledged the necessity of price adjustments due to higher costs for local businesses sourcing ingredients.
While inflation stabilizes, Ian Kennedy, owner of Ollies Roadside chip shop, shared concerns about customer affordability despite his efforts to absorb costs. He emphasized maintaining competitive prices to retain clientele amid rising expenses for essential supplies like chicken, oil, and fish, which he described as “shocking.” Some Ballymoney residents expressed ongoing financial pressure, underscoring the widespread impact despite inflation appearing stable.