All Economy articles – Page 5
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NewsFarmers facing bill of at least £340m a year if oil prices remain high
Red diesel prices have soared by almost 70% since the start of the conflict
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NewsPoultry industry calls for government action as consumers face price increases
The British Poultry Council warned that the ongoing conflict had triggered supply disruptions that could push up prices
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NewsFDF revises food inflation forecast to over 9% by end of 2026
The FDF has predicted food inflation will reach over 9% by the end of 2026, after revising its forecasts
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NewsUK sees record export growth, but US sales slump after Trump’s tariffs
While total global exports topped £25bn for the first time, growth slumped in H2 in the US, while sales to the EU still fell far short of pre-Brexit levels
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News‘Ripple of fear’ as consumers prepare to pull back on spending
It follows the dire update from the British Retail Consortium yesterday that consumer confidence had ‘collapsed’ as the war in the Middle East raised the prospect of higher inflation in the coming months
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NewsFSA in crunch talks with government to meet SPS deal funding gap
The FSA has warned it requires an increase in funding to implement the EU reset
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NewsFood inflation falls, but Iran shock still to come
ONS statistics reported a 3% overall CPI rate, with falls in grocery and alcohol – down one point to 3.6% – counteracted by rising clothing costs
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NewsFood manufacturing costs outstripped CPI inflation in 2025
Data published this morning by the FDF showed production costs jumped 4.4% on average in 2025, compared with a 3.6% increase in the Consumer Price Index reported by the ONS
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NewsIran war fuel price spike ‘will filter into food prices soon’, hauliers warn
Logistics providers are warning inflationary price hikes to customers are inevitable as the war rages on
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NewsFood sector ‘underprepared’ for EU reset deal: BRC
BRC director Andrew Opie said the food sector faced a ‘wake-up call’ over the extent of changes required to meet the demands of the new SPS deal with the EU
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Comment & OpinionHow Strait of Hormuz closure will impact global food & drink
If the Strait is closed for more than a few weeks, the world will see much higher oil, gas and fertiliser prices, and resultant systemic food and crop shortages, says Ian Wright, partner at Acuti Associates
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NewsSustainable farming could increase profits by £1.6bn a year, report finds
Titled ‘The Sustainable Farming Dividend’, the report from cross-party think tank Demos, supported by McCain, found sustainable methods could increase farm profits by £1.6bn a year by 2035 among its key findings
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NewsM&A appetite remains strong after 2025 uplift, figures show
Transaction numbers rose 9% year on year, with total deals up from 169 in 2024 to 184. This growth signalled renewed confidence across the market as economic conditions began to stabilise, said BDO
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Comment & OpinionOil price chaos means choppy waters become a maelstrom
Even with Trump pushing the narrative that the Iran war ‘will be over very soon’, the latest hit to the global economy from US foreign policy now looks increasingly like it could have long-standing implications – for us all
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NewsWet weather hits retail sales in February
The BRC warned conflict in the Middle East would drag on consumer sentiment
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NewsSoggy February compounds challenging conditions for retailers
Shoppers stayed off the high street in their droves in February as constant rain added to the challenges facing the UK retail industry, according to new data out this morning
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NewsFDF calls for government help over energy price spike
Energy prices have surged since the start of the conflict last weekend
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NewsIran conflict raises inflation fears as global trade badly hit
Container costs are surging, while shipments are having to be diverted as a result of the rapidly escalating war
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NewsConsumer confidence drops again as worries over job security set in
Consumer confidence has dropped again, wiping out modest improvements seen in December and January as shoppers worry about their personal finances and widespread job losses
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NewsFood manufacturer confidence remains negative, FDF report finds
Confidence at food makers improved in the golden quarter of 2025, but remained subdued as the industry battled rising production costs, a new report has found