Following Qatar’s last-minute decision to ban alcohol at World Cup stadiums, AB InBev will ship the unsold beer to the country that wins the tournament. The company confirmed the plans in a statement to CNN Business, writing that it “wants to bring this celebration from the FIFA World Cup stadiums to the winning country’s fans.” (CNN)
Half of shoppers are limiting the amount they spend on Christmas presents, data has shown, with many agreeing with friends and family to scrap gifts entirely as the cost of living soars. (The Telegraph £)
Bumper biscuit sales at home and abroad after coronavirus restrictions were eased have brought a surge in profits at Tunnock’s. (The Times £)
Large companies in the food and tobacco industries paid nearly three quarters of supplier invoices late in the first half of 2022, according to government payment data. (The Times £)
Third year of drought threatens Argentina’s grain exports – farmers despair of dry conditions and lack of government support. “Several farmers reported losing their crops to persistently dry weather, which has lasted for three consecutive years and grown particularly damaging this year. This puts the country’s ability to supply global food markets at risk and adds pressure to a fragile economy with low foreign reserves.” (The Financial Times £)
Cost-of-living payments worth hundreds of pounds will arrive in millions of people’s accounts from Wednesday (The BBC). Pensioners will start to receive up to £600 in their bank accounts from today to help with their energy bills (Sky News).
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