All Economy articles – Page 7
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KVI Tracker
Fruit & veg imports to become more expensive over last-minute Brexit rule
The cost of importing fruit & vegetables from the EU is about to rise by a further £200m, says the Fresh Produce Consortium
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News
Lack of clarity around looming Brexit checks leaves industry ‘apprehensive’
The Border Target Operating Model will see an array of new controls on EU food imports begin to roll out on 30 January
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Comment & Opinion
Festive cheer for Premier Foods, but bigger tests await in 2024
Premier Foods remained full of festive cheer this week after revealing it enjoyed its ‘biggest ever Christmas’, but bigger tests await as food price inflation falls out of the market
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News
Logistics sector calls for dedicated supply chain minister in new government
Logistics UK’s new election manifesto calls for the appointment of a dedicated supply chain minister
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News
New immigration rules will ‘disproportionately impact’ food businesses, ALP tells Home Office
ABP UK and Cranswick have warned of the effects the change will have on their business as well as consumers
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Comment & Opinion
How to navigate the spike in orange juice prices
The situation is now such that many in the market will have no choice but to pass rising costs on to consumers, says Sarah Baldwin, CEO of Purity Soft Drinks
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Comment & Opinion
How to ensure a robust supply chain in 2024
For the fmcg sector, the developing regulatory landscape poses many challenges, says Julia Grothaus, litigation, arbitration & investigations partner and James Marlow, environment & climate change managing associate at Linklaters
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News
City snapshot: Christmas retail sales plunge as consumers cut back
Retail sales slumped by 3.2% in December, which was the worse monthly drop since the depths of the coronavirus pandemic, as consumers cut back in the run-up to Christmas.
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Comment & Opinion
‘We told you so!’ Why booze duty hike drove inflation rise
Industry figures warned duty changes in the summer would drive prices up. Now that chicken is coming home to roost
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Comment & Opinion
We must think long term to avoid a race to the bottom
Asda price matching the discounters signals a new phase, says Patrick Finlay, MD at The Category Management Company
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News
Food manufacturers struggling more with inflation than other sectors
Food manufacturers’ margins have been squeezed in 2023 as retailers fought hard against cost price increases
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News
City snapshot: Cigarettes and alcohol behind surprise jump in inflation
Rising alcohol and tobacco prices have contributed to an unexpected increase in the annual rate of inflation in December. Plus, Hotel Chocolat shareholders vote on Mars deal, Just Eat Takeaway and Wincanton issue trading updates and Gusbourne appoints a new boss
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News
Ben & Jerry’s board calls for permanent ceasefire in Gaza
The ice-cream maker’s independent board of directors has called for a permanent ceasefire in Gaza
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News
City snapshot: UK economy returns to growth amid Black Friday spending boost
The UK economy beat market expectations to return to monthly growth in November, helped by the impact of the Black Friday retail event and fewer strike actions
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News
City snapshot: Grocery spending hits record £4.8bn in Christmas week
Sales at the UK supermarkets reached a record high of £4.8bn during the week leading to Christmas
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Comment & Opinion
How slowing inflation will shape growth tactics in 2024
Our expectation is that volume growth will be the primary focus, says Alex Lawrence, senior strategic insight director at Circana
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News
City snapshot: UK retail footfall weakens in damp December
Wet weather and the cost of living crisis combined to drive a sharp reduction in UK retail footfall over the Christmas period. Plus Asda to price match the discounters and Supreme buys FoodIQ UK from administration
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Comment & Opinion
Dairy farmers need support to improve systems for people and animals
Dairy processors, retailers, food manufacturers and foodservice companies can all take steps to transform dairy, says Dan Crossley, executive director at the Food Ethics Council
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Comment & Opinion
What’s driving your product and pricing decisions?
As we enter the new year, the UK economy is still in the grip of uncertainty, say Julie Neal, director, and Sabine Sayer, managing consultant, at management consultancy, Vendigital
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News
City snapshot: Consumer confidence edges upwards ahead of Christmas
Consumer confidence rose again in December as lowering inflation underpins more confidence in the UK’s economic prospects for 2024