All Inflation articles – Page 134
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NewsCity snapshot: UK inflation rises to 2.1% in May as lockdown eases
Inflation has continued to soar in the UK as the relaxation of lockdown restrictions led to a rise in consumer spending. Plus, a third-quarter trading update from agri-services group Origin Enterprises.
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NewsCity Snapshot: Distil reports 'significant' growth as UK grocery launches offset Covid losses
Drinks group Distil has significantly increased revenues and profits despite Covid disruption as it shift to grocery and online retail helped offset lost business elsewhere. Plus, agricultural supplies group Wynnstay appoints a non-executive director.
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NewsSupermarket suppliers warn they will exit NI market without border deal
Defra officials told industry figures businesses had incurred additional costs of between £190m and £260m since 1 January because of the new Irish Sea border
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NewsMedia Bites 10 June: SSP Group, Morrisons, Oatly
On a quiet day for retail and F&B news, the papers focus on the Covid-related losses of Upper Crust owner SSP Group.
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NewsTesco gives all staff 2.7% pay rise
Tesco said the one-year deal had been developed in partnership with union reps from Usdaw
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Category ReportFlashpoint: oils category report 2021
Vegetable oil prices are hitting record highs as demand soars and climate change squeezes supplies. When will the pressure ease?
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NewsMedia Bites 4 June: Tesco, Food prices, B&M
Tesco faces £2.5bn bill after the European Court of Justice Supermarket ruled that shop floor workers’ pay can be compared to distribution centre staff
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NewsMedia Bites 2 June: Ferrero/Burton’s, Food inflation, JD Wetherspoon
Italian confectionery giant Ferrero has snapped up the maker of Jammie Dodgers and Wagon Wheels, taking a larger bite of the biscuit market
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NewsCity Snapshot: Supermarket sales drop as Brits return to the pub
Grocery sales at UK supermarkets have tumbled as locked-down consumers returned to pubs, cafes and restaurants following easing of coronavirus restrictions, the latest data from NielsenIQ showed. Plus, food prices fall for second month in a row as supermarkets battle it out to win shoppers, according to latest BRC-NielsenIQ Shop Price Index.
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NewsConfidence rises as food and drink companies see ‘light at end of tunnel’
An FDF survey found the rollout of the vaccine and the easing of lockdown restrictions were having a positive impact
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NewsCity snapshot: Grocery sales dip as lockdown eases
Take home grocery sales edged back 0.4% in the 12 weeks to 16 May the UK’s coronavirus lockdown eased and the vaccine rollout continued. Plus, Greencore and Restaurant Group encouraged by trading following COVID reopening and all the rest of the latest news from the City
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NewsMedia Bites 25 May: Weetabix, Hilton Food Group, hospitality
Unions are warning there could be a Weetabix shortage this summer if a “fire and rehire” row leads to strikes.
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Comment & OpinionHow food and drink spending will change in the Covid recovery phase
A new IGD report suggests there are grounds for optimism amid the uncertainty
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NewsOatly emphasises UK as it launches $10bn IPO
Plant-based brand Oatly has emphasised the importance of the UK market to its future growth as launched its $10bn New York IPO yesterday
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NewsHGV driver shortage pressure set to lead to higher food prices
A 70,000 shortfall of HGV drivers has seen wages shoot up by 20%
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NewsCity snapshot: FeverTree boosted by rise of at home cocktail consumption
Fever-Tree has continued to post “strong” off-trade sales in the early months of 2021 ahead of the re-opening of pubs, bars and restaurants and coronavirus restrictions eases around the world. Plus, Oatly prices $1.4bn IPO, Young’s posts loss due to pub closures and all the latest news from the City.
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NewsMedia Bites 20 May: Pubs, Premier Foods, Just Eat Takeaway
The papers put pubs in the spotlight after big losses yesterday for Mitchells & Butlers and Marston’s as Covid restrictions continue to take a toll.
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Comment & OpinionBusinesses fighting to recover aren’t out of the woods – even as lockdown ends
Optimism about the end of lockdown is giving way to caution as capacity, credit and cashflow issues abound, says Andrew Kuyk, director general at Provision Trade Federation
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NewsCity Snapshot: “Outstanding” year for Premier Foods as shoppers flock to its brands
Premier Foods has revealed an “outstanding” year of growth as the pandemic significantly elevated demand for its household brands. Plus, Marston’s falls to big first-half loss as lockdown smashes sales; Chapel Down appoints former Booker chairman to its board; and Russian retail Lenta acquires Moscow rival.
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Comment & OpinionA 99 Flake shortage could be the least of our problems – but food & drink has proven its agility
Mondelez has reportedly confirmed surging sales at ice cream vans across the country has squeezed supplies of 99 Flakes