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SoftBank to invest $500mn in OpenAI

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Masayoshi Son’s SoftBank will invest $500mn into OpenAI as part of a fundraising round that is expected to close this week and value the artificial intelligence start-up at $150bn.

SoftBank will invest via its second Vision Fund, a large vehicle for backing start-ups, which is now mainly made up of Son’s personal wealth, according to two people with knowledge of the deal.

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SoftBank will join existing investors, including venture fund Thrive Capital and Microsoft in a $6.5bn funding round, which is expected to close in the coming days, according to people familiar with the discussions.

The Japanese group was one of the most prolific start-up investors in the years leading up to 2022, during which time the valuation of young technology companies spiralled higher, often to unsustainable levels. SoftBank’s roughly $14bn investment into WeWork and Son’s close relationship with its founder Adam Neumann became emblematic of the excesses of that period after the co-working company collapsed from a peak valuation of $47bn in 2019.

After a period of retrenchment, SoftBank has ratcheted up its investments into AI, with Son declaring it was time “to go on the counteroffensive” to take advantage of the new technology.

SoftBank is the majority owner of UK chip designer Arm, and Son has spoken about his ambition to use it as the centrepiece in a network of companies advancing AI.

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OpenAI is finalising the details of one of the biggest-ever private funding rounds against a chaotic backdrop. The company’s chief technology officer Mira Murati unexpectedly left the San Francisco-based company last week, along with Bob McGrew, chief research officer, and Barret Zoph, vice-president of research.

They are the latest in a series of senior departures this year that have stripped OpenAI of the majority of its founding team and its most prominent safety researchers.

The company is also exploring a corporate restructure that would do away with its current novel arrangement, in which investors take a stake in a for-profit subsidiary of the company, governed by a not-for-profit board, according to people with knowledge of the discussions. OpenAI’s chief executive Sam Altman has discussed taking a direct equity stake in the company for the first time as part of those plans, they added.

But many investors appear undeterred and still willing to commit to a company that has continued to push the frontier of AI technology. They are betting that OpenAI can see off competition from Big Tech rivals including Google and Meta, as well as start-ups such as Anthropic and Mistral.

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SoftBank’s participation in the round was first reported by The Information SoftBank and OpenAI declined to comment.

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23andMe’s Anne Wojcicki rules out third-party takeover offers

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23andMe’s Anne Wojcicki rules out third-party takeover offers

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Get two tickets to The Dungeons, and save up to £53

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Russian ship packed with 20,000 tons of explosives spotted off UK coast days after it was refused entry in Norway

JUST in time for Halloween you can get two tickets to The Dungeons and save up to £53, thanks to Sun Superdays! Take your pick from London, Blackpool, York or Edinburgh Dungeons.

The Dungeons are a group of thrilling attractions. Scream and laugh your way through an immersive journey through a city’s darkest past.

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Bringing together an amazing cast of theatrical actors, special effects, stages, scenes and thrilling rides.

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Each showcasing hysterically horrible history across a series of immersive shows, including the Torturer, sinister witch trials and up to 11 other spine-chilling shows.

The London Dungeon
Featuring 1000 years of London’s perilous past, come face-to-face with the Plague Doctor, Mrs Lovett, Sweeny Todd and much more across 13 immersive shows.

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The York Dungeon
Walk through ten actor-led live shows, telling the story of 2000 years of York’s dark history. Meet famous characters from York’s chilling past including Isabelle Billington and the Vikings. But will you survive the witch in the York Castle Dungeon? The scariest show in Dungeon history.

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The Blackpool Tower Dungeon
And so your journey begins, descend into the heart of the Blackpool Tower Dungeon and scream and laugh your way through the darkest times from Lancashire’s past. Discover the grueling history of Meg Shelton, the infamous witch of Woodplumpton, step into the eerie darkness of the chapel at Lytham Priory and hear the monk tell tales of the history of the Fyle Coast and much more.

The Edinburgh Dungeon
With eight chilling shows and a sinister drop ride, the Edinburgh Dungeon is the ultimate underground journey through Edinburgh’s darkest history… Will you survive Edinburgh’s serial killers, Burke & Hare? They would kill for a body like yours.

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Get the UK’s lowest price guaranteed and pick your perfect day with over 28,000 weekend and holiday tickets available exclusively for Sun readers.

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To do this, we have introduced a ticket price to allow you to get the dates you really want, but we promise that with our price guarantee you will not find cheaper tickets anywhere else!

And we still have thousands of NO COST tickets available, saving you up to £53, but these will be limited to quieter days.

How do I book my tickets to The Dungeons?

1. It’s so easy! All you need to do is download the free Sun Savers app or sign up at sunsavers.co.uk.

2. Next pick up The Sun newspaper and collect FIVE out of 13 Sun Savers codes. We will print one Sun Savers code daily in the newspaper from Saturday, October 5 to Thursday, October 17.

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3.Once you have collected FIVE Sun Savers codes, scan or enter them on the Sun Savers app or website to unlock booking. Booking will open at 11:00am on Wednesday, October 9.

4.Once you hit Book, a unique booking code will appear on the Sun Savers app or website. Copy your unique booking code and click the book button again, this will direct you to the Sun Superdays The Dungeons website where you can book your tickets. You must claim your unique code by Wednesday, October 30. And book your tickets by midnight on Wednesday, November 20, 2024.

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What is Sun Savers?

Sun Savers is our amazing rewards club and home of Britain’s brightest competitions, offers and exclusive deals – as well as saving you hundreds of pounds a year.

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Your Sun Savers codes are also your entries into the fantastic Sun Raffle, where 250 readers will win £100 cash every month!

NEW FOR 2024 – Book with The Sun Digital Newspaper

The Sun Digital Newspaper

The Sun Digital Newspaper edition gives you every page of The Sun newspaper, as printed including supplements, magazines and puzzles direct to your device every day for just £6.99 per month or £54.99 annually.

And now it includes access to all our great Sun Superdays offers, without the need to collect any Sun Savers codes. Head to thesun.co.uk/newspaper to find out more and subscribe.

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18+ Terms & Conditions apply, see thesun.co.uk/newspaper.

Terms and Conditions:

18+ UK only (exc. IoM & CI). Multiple code collect 05/10/24-17/10/24. 2 tickets per household, all bookings to be made in pairs. Non-transferable & non refundable. Subject to availability, daily allocation limits apply (53,410 total tickets available, incl. 7,100 no cost tickets, remaining tickets from £5 (based on an adult ticket to The Blackpool Tower Dungeon) – £25 per ticket). Online access required. Saving against advanced adult online prices and varies per date. Dates and periods are subject to change without notice until 31/03/25. Saving correct at time of send. The Dungeon experience varies across locations. Savings, pricing and allocation vary by attraction. For full T&Cs see sunsavers.co.uk.

The Dungeons may not be suitable for people of a nervous disposition. Recommended child age is 12+ and under 5’s are not permitted

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Xi Jinping is worried about the economy

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Xi Jinping is worried about the economy
Getty Images A group of Chinese young people play on their mobile phone as they rest on a bench at a park in Beijing on November 7, 2013Getty Images

Two new pieces of research offer insight into how Chinese people feel about their future

China’s sputtering economy has its worried leaders pulling out all the stops.

They have unveiled stimulus measures, offered rare cash handouts, held a surprise meeting to kickstart growth and tried to shake up an ailing property market with a raft of decisions – they did all of this in the last week.

What is less clear is how the slowdown has affected ordinary Chinese people, whose expectations and frustrations are often heavily censored.

But two new pieces of research offer some insight. The first, a survey of Chinese attitudes towards the economy, found that people were growing pessimistic and disillusioned about their prospects. The second is a record of protests, both physical and online, that noted a rise in incidents driven by economic grievances.

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Although far from complete, the picture neverthless provides a rare glimpse into the current economic climate, and how Chinese people feel about their future.

Beyond the crisis in real estate, steep public debt and rising unemployment have hit savings and spending. The world’s second-largest economy may miss its own growth target – 5% – this year.

That is sobering for the Chinese Communist Party. Explosive growth turned China into a global power, and stable prosperity was the carrot offered by a repressive regime that would never loosen its grip on the stick.

Bullish to bleak

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The slowdown hit as the pandemic ended, partly driven by three years of sudden and complete lockdowns, which strangled economic activity.

And that contrast between the years before and after the pandemic is evident in the research by American professors Martin Whyte of Harvard University and Scott Rozelle of Stanford University’s Center on China’s Economy.

They conducted their surveys in 2004 and 2009, before Xi Jinping became China’s leader, and during his rule in 2014 and 2023. The sample sizes varied, ranging between 3,000 and 7,500.

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In 2004, nearly 60% of the respondents said their families’ economic situation had improved over the past five years – and just as many of them felt optimistic about the next five years.

The figures jumped in 2009 and 2014 – with 72.4% and 76.5% respectively saying things had improved, while 68.8% and 73% were hopeful about the future.

However in 2023, only 38.8% felt life had got better for their families. And less than half – about 47% – believed things would improve over the next five years.

Meanwhile, the proportion of those who felt pessimistic about the future rose, from just 2.3% in 2004 to 16% in 2023.

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Getty Images Buildings in Pudong's Lujiazui Financial District in Shanghai, June 2023Getty Images

China’s sputtering economy is forcing its leaders to pull out all the stops

While the surveys were of a nationally representative sample aged 20 to 60, getting access to a broad range of opinions is a challenge in authoritarian China.

Respondents were from 29 Chinese provinces and administrative regions, but Xinjiang and parts of Tibet were excluded – Mr Whyte said it was “a combination of extra costs due to remote locations and political sensitivity”. Home to ethnic minorities, these tightly controlled areas in the north-west have long bristled under Beijing’s rule.

Those who were not willing to speak their minds did not participate in the survey, the researchers said. Those who did shared their views when they were told it was for academic purposes, and would remain confidential.

Their anxieties are reflected in the choices that are being made by many young Chinese people. With unemployment on the rise, millions of college graduates have been forced to accept low-wage jobs, while others have embraced a “lie flat” attitude, pushing back against relentless work. Still others have opted to be “full-time children”, returning home to their parents because they cannot find a job, or are burnt out.

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Analysts believe China’s iron-fisted management of Covid-19 played a big role in undoing people’s optimism.

“[It] was a turning point for many… It reminded everyone of how authoritarian the state was. People felt policed like never before,” said Alfred Wu, an associate professor at the Lee Kuan Yew School of Public Policy in Singapore.

Many people were depressed and the subsequent pay cuts “reinforced the confidence crisis,” he added.

Moxi, 38, was one of them. He left his job as a psychiatrist and moved to Dali, a lakeside city in southwestern China now popular with young people who want a break from high-pressure jobs.

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“When I was still a psychiatrist, I didn’t even have the time or energy to think about where my life was heading,” he told the BBC. “There was no room for optimism or pessimism. It was just work.”

Does hard work pay off? Chinese people now say ‘no’

Work, however, no longer seems to signal a promising future, according to the survey.

In 2004, 2009 and 2014, more than six in 10 respondents agreed that “effort is always rewarded” in China. Those disagreed hovered around 15%.

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Come 2023, the sentiment flipped. Only 28.3% believed that their hard work would pay off, while a third of them disagreed. The disagreement was strongest among lower-income families, who earned less than 50,000 yuan ($6,989; £5,442) a year.

Chinese people are often told that the years spent studying and chasing degrees will be rewarded with financial success. Part of this expectation has been shaped by a tumultuous history, where people gritted their teeth through the pain of wars and famine, and plodded on.

Chinese leaders, too, have touted such a work ethic. Xi’s Chinese Dream, for example, echoes the American Dream, where hard work and talent pay off. He has urged young people to “eat bitterness”, a Chinese phrase for enduring hardship.

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But in 2023, a majority of the respondents in the Whyte and Rozelle study believed people were rich because of the privilege afforded by their families and connections. A decade earlier, respondents had attributed wealth to ability, talent, a good education and hard work.

This is despite Xi’s signature “common prosperity” policy aimed at narrowing the wealth gap, although critics say it has only resulted in a crackdown on businesses.

There are other indicators of discontent, such as an 18% rise in protests in the second quarter of 2024, compared with the same period last year, according to the China Dissent Monitor (CDM).

The study defines protests as any instance when people voice grievances or advance their interests in ways that are in contention with authority – this could happen physically or online. Such episodes, however small, are still telling in China, where even lone protesters are swiftly tracked down and detained.

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A least three in four cases are due to economic grievances, said Kevin Slaten, one of the CDM study’s four editors.

Starting in June 2022, the group has documented nearly 6,400 such events so far.

They saw a rise in protests led by rural residents and blue-collar workers over land grabs and low wages, but also noted middle-class citizens organising because of the real estate crisis. Protests by homeowners and construction workers made up 44% of the cases across more than 370 cities.

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“This does not immediately mean China’s economy is imploding,” Mr Slaten was quick to stress.

Although, he added, “it is difficult to predict” how such “dissent may accelerate if the economy keeps getting worse”.

How worried is the Communist Party?

Chinese leaders are certainly concerned.

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Between August 2023 and Janaury 2024, Beijing stopped releasing youth unemployment figures after they hit a record high. At one point, Chinese officials coined the term “slow employment” to describe those who were taking time to find a job – a separate category, they said, from the jobless.

Censors have been cracking down on any source of financial frustration – vocal online posts are promptly scrubbed, while influencers have been blocked on social media for flaunting luxurious tastes. State media has defended the bans as part of the effort to create a “civilised, healthy and harmonious” environment. More alarming perhaps are reports last week that a top economist, Zhu Hengpeng, has been detained for critcising Xi’s handling of the economy.

The Communist Party tries to control the narrative by “shaping what information people have access to, or what is perceived as negative”, Mr Slaten said.

Moxi  A photo of Moxi taken at a basketball court near where he lives in DaliMoxi

Moxi is relieved to have found a slower pace of life in Dali

CDM’s research shows that, despite the level of state control, discontent has fuelled protests – and that will worry Beijing.

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In November 2022, a deadly fire which killed at least 10 people who were not allowed to leave the building during a Covid lockdown – brought thousands onto the streets in different parts of China to protest against crushing zero-Covid policies.

Professors Whyte and Rozelle don’t think their findings suggest “popular anger about… inequality is likely to explode in a social volcano of protest.”

But the economic slowdown has begun to “undermine” the legitimacy the Party has built up through “decades of sustained economic growth and improved living standards”, they write.

The pandemic still haunts many Chinese people, said Yun Zhou, a sociology professor at the University of Michigan. Beijing’s “stringent yet mercurial responses” during the pandemic have heightened people’s insecurity about the future.

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And this is particularly visceral among marginalised groups, she added, such as women caught in a “severely discriminatory” labour market and rural residents who have long been excluded from welfare coverage.

Under China’s contentious “hukou” system of household registration, migrant workers in cities are not allowed to use public services, such as enrolling their children in government-run schools.

But young people from cities – like Moxi – have flocked to remote towns, drawn by low rents, picturesque landscapes and greater freedom to chase their dreams.

Moxi is relieved to have found a slower pace of life in Dali. “The number of patients who came to me for depression and anxiety disorders only increased as the economy boomed,” he said, recalling his past work as a psychiatrist.

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“There’s a big difference between China doing well, and Chinese people doing well.”

About the data

Whyte, Rozelle and Alisky’s research is based on four sets of academic surveys conducted between 2004 and 2023.

In-person surveys were conducted together with colleagues at Peking University’s Research Center on Contemporary China (RCCC) in 2004, 2009 and 2014. Participants ranged in age from 18-70 and came from 29 provinces. Tibet and Xingiang were excluded.

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In 2023, three rounds of online surveys, at the end of the second, third and fourth quarters, were conducted by the Survey and Research Centre for China Household Finance (CHFS) at Southwestern University of Finance and Economics in Chengdu, China. Participants ranged in age from 20-60.

The same questions were used in all surveys. To make responses comparable across all four years, the researchers excluded participants aged 18-19 and 61-70 and reweighted all answers to be nationally representative. All surveys contain a margin of error.

The study has been accepted for publication by The China Journal and is expected to be published in 2025.

Researchers for the China Dissent Monitor (CDM) have collected data on “dissent events” across China since June 2022 from a variety of non-government sources including news reports, social media platforms operating in the country and civil society organisations.

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Dissent events are defined as instances where a person or persons use public and non-official means of expressing their dissatisfaction. Each event is highly visible and also subject to or at risk of government response, through physical repression or censorship.

These can include viral social media posts, demonstrations, banner drops and strikes, among others. Many events are difficult to independently verify.

Charts by Pilar Tomas of the BBC News Data Journalism Team

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Exact age Brits spend the most on pets as bills rise to £936-a-year for essentials

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Exact age Brits spend the most on pets as bills rise to £936-a-year for essentials

GEN Z and millennial pet owners are spending the most on their four-legged friends – splashing out £936 on all the essentials each year.

A study of 2,000 cat and dog owners found those aged between 18 and 34 spend £78 each month on their furry companions – well above the national average of £64.

45 percent of people don't regularly vaccinate their pets

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45 percent of people don’t regularly vaccinate their petsCredit: SWNS

While older pet owners aged 45 and over are much more frugal – forking out just £52 every month, and £623 over the course of a year.

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Toys (17 per cent) are among the biggest expenses for young pet owners – compared to just eight per cent of their older counterparts.

But overall, 47 per cent of all owners want their pets to enjoy their meals and are willing to pay for it – with two thirds of pet spend going on food.

The research was commissioned by Pet Drugs Online to mark the launch of The Top to Tail Report.

Dr Sarah Page-Jones, the retailers’ lead veterinary surgeon, said: “What your pet eats can have a huge impact on their health and wellbeing.

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“For example, cats are obligate carnivores, so they can’t get all the nutrients they require from plant-based foods.

“It’s also important to consider your pet’s age, breed and activity levels to allow you to tailor their nutrition to their needs.

“Giving your pet both wet and dry food helps to provide good levels of flavour, nutrition and hydration.”

It also emerged that play (68 per cent), treats (67 per cent) and talking to their pets (67 per cent) are the top ways owners show affection.

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I’m the Dogfather – here’s how to get and keep your anxious pooch calm during the autumn thunderstorm..

And 19 per cent take their dogs on holiday with them.

But while owners were keen to ensure their pets’ happiness, medical treatments were lower on the list of priorities – with 48 per cent admitting they don’t regularly take their pet for check-ups at the vet.

Four in 10 (39 per cent) aren’t frequently treating for fleas, 45 per cent won’t regularly worm their pet, and 58 per cent aren’t providing tick treatment.

And 45 per cent don’t routinely vaccinate their four-legged friends.

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Although interest in holistic health treatments is on the rise – with 26 per cent of those polled, via OnePoll, opting for these to better support their pet’s wellbeing.

While the same percentage (26 per cent) also give them supplements.

Dr Sarah Page-Jones added: “Taking your pet to the vet at least once a year can provide a wealth of benefits.

“It allows your pet to receive a general health assessment where any subtle changes may be noticed, ensures you’re up to date with the latest vaccinations, as well as discussing any additional care that may be needed.

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“Also, if you’re exploring a holistic approach to your pet’s health, it’s always worth discussing with your vet first hand.”

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Big retail discounts push UK shop prices lower in September

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UK shop prices fell for the second consecutive month in September and registered the lowest rate in more than three years, according to data that suggests household finances are improving after a long period of high inflation.

Shop prices fell by an annual rate of 0.6 per cent in September, down from a 0.3 per cent contraction in the previous month and the lowest rate since August 2021, data published by the British Retail Consortium showed on Tuesday.

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The figures, which provide early indications of price pressures ahead of the official monthly inflation data published on October 16, show how the cost of living crisis, which hit millions of households, is finally receding.

Shop price inflation hit a record 9 per cent in May last year, following a spike in energy and food prices triggered by Russia’s invasion of Ukraine.

Helen Dickinson, chief executive of the BRC, said: “September was a good month for bargain hunters as big discounts and fierce competition pushed shop prices further into deflation.”

She added that the deflation “was driven by non-food, with furniture and clothing showing the biggest drops in inflation as retailers tried to entice shoppers back”.

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Line chart of Annual % change on shop price index showing UK shop prices moved further into deflation

Non-food prices were down by an annual rate of 2.1 per cent in September, accelerating the 1.5 per cent fall in the preceding month and marking the lowest rate since March 2021.  

Food inflation edged up to 2.3 per cent in September from 2 per cent in the previous month, however, as poor harvests in key producing regions led to higher prices for cooking oils and sugary products, according to the BRC. Last month, the UN Food and Agriculture Organization highlighted a rise in palm oil prices linked low output in Indonesia.

The official UK rate of inflation, which includes energy and services, was 2.2 per cent in August, unchanged from July and up from 2 per cent in the previous two months. Economists expect inflation to rise further to 2.5 per cent by the end of 2024 as energy prices fall less year on year.

BRC added that geopolitical tensions could further push up prices. “Easing price inflation will certainly be welcomed by consumers, but ongoing geopolitical tensions, climate change, and government-imposed regulatory costs could all reverse this trend,” said Dickinson.

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Major supermarket launches new way to get big food discounts at 1,000 branches

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Major supermarket launches new way to get big food discounts at 1,000 branches

SAVVY shoppers at one major supermarket can now bag a huge range of new food discounts at nearly 1,000 of its UK stores.

Asda has partnered with food waste platform Too Good To Go to offer its customers “surprise bags” which contain £9 worth of food for just £3.30.

Asda shoppers will be able to pick up a bag at nearly 1,000 shops across the UK

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Asda shoppers will be able to pick up a bag at nearly 1,000 shops across the UKCredit: Alamy

The bags will include a variety of different items which are near their use-by date, such as salads, ready meals, baked goods and food to go.

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Although the items are near their expiry date they are still safe to eat and would otherwise go to waste.

Customers will be able to purchase a bag at nearly 1,000 sites including Asda Express stores.

They can also be picked up at restaurants located inside Asda stores such as Leon, Greggs, Sbarro and Subway.

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Bags from Asda Express, Greggs, Sbarro and Subway will vary in price depending on the contents but they could include breakfast food, lunch, cakes or pastries.

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Leon fans will also be able to get their hands on a brand-new Surprise Bag offer which will feature cakes and pastries which would otherwise be wasted.

For £3.50 customers can get over £10.50 worth of treats that would otherwise have been thrown away.

To cash in on the deal shoppers will need to search for a nearby Asda supermarket or Asda Express store in the free Too Good To Go app.

Shoppers can also choose when they want to pick up their bag.

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Sophie Trueman, country director at Too Good To Go UK and Ireland, said: “We’re so pleased to be extending our partnership with Asda, helping to combat food waste and provide great value to customers. 

“We believe that saving food from going to waste is a win-win-win – businesses can recover the sunk cost of would-be wasted food, consumers can get good food for less, and with one simple action, we’re collectively doing something great for the planet by stopping that food from ending up in landfill.”

Four simple ways to save money at Asda

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How does Too Good To Go work?

To use Too Good To Go you need to download its app on your smartphone and create an account.

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You can then choose your area by entering your location and drop a pin on where you will pick up your surplus food bags.

There is an option to collect your food straight away or later for dinner.

You can also select the distance you are willing to travel based on whether you will be using public transport, walking or driving.

How to save on your supermarket shop

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THERE are plenty of ways to save on your grocery shop.

You can look out for yellow or red stickers on products, which show when they’ve been reduced.

If the food is fresh, you’ll have to eat it quickly or freeze it for another time.

Making a list should also save you money, as you’ll be less likely to make any rash purchases when you get to the supermarket.

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Going own brand can be one easy way to save hundreds of pounds a year on your food bills too.

This means ditching “finest” or “luxury” products and instead going for “own” or value” type of lines.

Plenty of supermarkets run wonky veg and fruit schemes where you can get cheap prices if they’re misshapen or imperfect.

For example, Lidl runs its Waste Not scheme, offering boxes of 5kg of fruit and vegetables for just £1.50.

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If you’re on a low income and a parent, you may be able to get up to £442 a year in Healthy Start vouchers to use at the supermarket too.

Plus, many councils offer supermarket vouchers as part of the Household Support Fund.

The app will then show you all the Too Good To Go locations in your area.

These are broken down into categories including supermarkets, baked goods and groceries.

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You can scroll through the app to see what’s available and click “see all” to check the options in each category.

The app will tell you how much you can save with each surprise bag.

Prices usually range between £2 and £6 depending on the contents of the bag and shoppers usually save at least 30% on every order.

Once you have decided on what food you want to pick up you simply click on the “reserve” button which will ensure that it is assigned to you.

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If you have added your payment method then you can simply click to confirm your reservation.

If you have not entered this information then you will be asked for your bank details when you place a reservation.

Once you have paid you will receive an email which will include an invoice and the time of your collection.

To pick up your food go to the shop at the assigned time and show your collection on the app to a member of staff.

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Asda is not the only supermarket to be available on Too Good to Go.

Aldi customers can nab a surprise bag at one of the supermarket’s 990 stores across the UK.

The bags contain £10 worth of food for just £3.30 and can be reserved almost 24 hours before collection.

You could get anything from fruit and veg, dairy products, meat and snacks for a fraction of the normal price.

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Meanwhile, Morrisons shoppers can buy a surprise bag from one of the supermarket’s 930 convenience stores.

The bags cost £3.09 and contain fresh produce and bakery items.

Other schemes to avoid food waste

Another scheme which gives you free or discounted supermarket food is Olio.

The app lists food from shoppers and supermarkets including Tesco and Waitrose which can be picked up by for free.

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Often this food is unwanted or near its sell-by date.

To get started simply download the Olio app and enter your postcode to find free food available near you.

Yellow stickers are another great way to shave precious pounds off the cost of your supermarket shop.

Shops including M&S, Tesco and Morrisons apply yellow stickers to food items that are nearing their best-before date.

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These can include sandwiches, baked goods and ready meals.

The stickers are applied by some supermarkets at set times while others will introduce them throughout the day.

Read our article to find out the exact time to find yellow sticker bargains at each supermarket.

Do you have a money problem that needs sorting? Get in touch by emailing money-sm@news.co.uk.

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