Rolling coverage of the latest economic and financial news

My colleague Hilary Osborne has been investigating the growing problem of Skimpflation for some time.

Back in July, she highlighted how supermarkets and manufacturers have been quietly changing recipes and reducing the size of some products to keep shelf prices down.

Morrisons Guacamole The ingredients used to include 80% avocado and 5% red onion but now show 77% avocado and an unspecified amount of onion.

Aldi Specially Selected Pesto Rosso 190g This used to contain 33% extra virgin olive oil and 26% rehydrated sun-dried tomatoes; now it is 27% extra virgin olive oil and 23% rehydrated sun-dried tomatoes.

Tesco Soft Extra Large Tissues These had been 300mm x 260mm but measured 280mm x 235mm in Guardian Money’s test.

Tesco Springforce Jumbo Kitchen Towel Sheets used to be 210mm x 210mm but are now 195mm x 200mm, according to our test.

Aldi Bramwells Real Mayonnaise It used to list 9% egg yolk but now lists 6% egg and 1.5% egg yolk.

Bertolli, Morrisons and Sainsbury’s olive oil spreads In these spreads, too, 21% olive oil has been reduced to 10%.

“In the last few weeks, the focus on Qantas and events of the past make it clear to me that the company needs to move ahead with its renewal as a priority.

“The best thing I can do under these circumstances is to bring forward my retirement and hand over to Vanessa [Hudson, Qantas’s managing director] and the new management team now, knowing they will do an excellent job.”

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