Shoplifting in England and Wales has reached its highest level in two decades, with over 400,000 incidents reported for the first time since 2002. The Office for National Statistics (ONS) revealed a sharp increase from 304,459 cases in the previous year to 402,000 in the year up to September 2023. The rise coincides with the ongoing cost-of-living crisis, exacerbated by escalating prices and post-Christmas financial strain. A survey indicated that 84% of people expected January to be financially challenging due to increased costs and holiday spending. There was a 4.3% inflation rate in December 2023, despite a slight decrease in food inflation from 7.7% in November. Rising food prices continue to affect millions. Major retailers, including Co-op, reported substantial losses due to shoplifting. In response, the Government has launched an action plan to address the issue, with ongoing efforts to combat the crime.