All Cost of living crisis articles
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News
Retail bosses call for steel industry-style intervention to tackle jobs crisis
The BRC said ministers had been hammering its sector with an avalanche of extra costs
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News
Cost price increase requests being rejected by supermarkets
A poll of more than 50 food and drink suppliers shows more than 90% have looked to pass on increased costs averaging 1-6% this year
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News
Booths rues ‘significantly increased costs’ for latest store closure
The closure would leave the family-owned grocer with 25 stores, in Yorkshire, Cheshire, Cumbria and its Lancashire heartland.
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Comment & Opinion
Inflation’s return is good news for discounters and own label
The start of the new financial year has brought an immediate uptick in inflation, with prices rising 4.1% last month
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News
Allan Leighton vows Asda won’t accept cost price increases
Asda’s executive chairman said its turnaround strategy has begun to carve out a price gap with its full-range rivals
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News
Morrisons hits three million surplus food bags saved with Too Good To Go
Morrisons was the first supermarket in the UK to partner with the Too Good To Go app in November 2019
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News
Food poverty: supermarkets and manufacturers set new target to provide 30 million meals
A food industry coalition has announced an ambitious new target to provide 30 million meals a year by 2028
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News
Food companies scaling back growth plans as costs rise by up to 10%
Food and drink business have been massively scaling back growth plans as confidence remains at rock bottom, a new survey by the FDF reveals
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News
Inflation makes a comeback as beef leads price hikes
Beef prices have increased by 8.2% on average in the mults over the past two months
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News
Iceland abandons cage-free egg commitment, citing cost of living crisis
Iceland’s scrapping of its commitment has been criticised by animal charity The Humane League
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News
Iceland to give students 10% off every Wednesday during exams
The new discount for students follows the same principle as Iceland’s over-60s discount
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Comment & Opinion
Budget pressures are here. Food needs a long-term strategy
Short-term fixes like workforce reductions are already underway, says James Walton, chief economist at IGD
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News
GroceryAid invites food workers to ‘give back’ through its first ever raffle
Tickets cost £1.50, with funds being donated towards the charity’s ongoing programme of support for food and drink industry workers
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Comment & Opinion
Trump tariffs have demolished visibility for fmcg CEOs
Consumers are reading headlines every day on another bout of massive inflation, says Warren Ackerman, head of European consumer staples research at Barclays
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Comment & Opinion
Redistribution is just one part of the food waste puzzle
There are powerful opportunities for supermarkets to help cut waste and emissions at every stage of the food value chain, says Chloe St George, senior communications and research analyst at the Carbon Trust
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News
City snapshot: retailers fear Trump tariffs will hit high street footfall
Business and shopper confidence remains low with inflation and unemployment both on the rise
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Comment & Opinion
Even a second cost of living crisis can’t help Asda now
Allan Leighton’s price strategy is a desperate dice-roll and I believe it has no chance of working, says David Sables, CEO of Sentinel Management Consultants
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Comment & Opinion
Simpler Recycling opens the door for food redistribution
If businesses are forced to separate food waste, they may think twice about where edible surplus goes, says Richard Smith, head of food supply at The Felix Project
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Comment & Opinion
Food banks are just a sticking plaster on poverty
Redistributing food waste through the charitable food aid sector cannot prevent poverty or stop hunger from happening, says Jessica Sinclair Taylor, deputy director at Feedback and Sabine Goodwin, director at Independent Food Aid Network
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KVI Tracker
Lamb joints up to 50% more expensive as Easter demand rises
Consumers can expect a more expensive Easter lunch this year as lamb joint prices are up by an average of 14.8%