All Inflation articles – Page 32
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NewsQuorn owner hit by cost hikes and falling demand in meat-free
Quorn parent Marlow Foods has plunged into the red as soaring costs, falling demand for plant-based in supermarkets and one-off redundancy charges hit the Monde Nissin-owned group.
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NewsHeinz profits increase despite Tesco dispute
Heinz has recorded bumper profits in the year it pulled products from Tesco shelves after a row over price rises.
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NewsAHDB reveals proposed levels of increase to its levy rates
The proposals from AHDB’s four sector councils come in the midst of ongoing input inflation across farming
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NewsMoy Park takes major knock to profitability as high inflation bites
The processor said cost rises continued into 2023
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NewsPlanning delays slowing growth of free-range egg production
Producers have warned the egg sector is being held back over often unfounded sustainability concerns
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NewsAsda invests further £9m in price cuts as families feel squeeze
The supermarket said it was lowering prices by an average of 14% on many of the most popular products that customers buy each week
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NewsJamie Oliver and Tesco join forces for advertiser-funded programming
Oliver and Tesco will next week launch Jamie’s 5 Ingredient Meals on Channel 4, which they said was aimed at helping consumers buy less food in their weekly shops
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NewsAldi sells most British apples of all UK supermarkets
While Aldi only holds 10.2% of grocery market share, it sold 23% of all British apples last year, representing the greatest volume of any UK supermarket
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NewsFareShare leads protests amid food surplus ‘success story’ claim
Latest figures from Wrap show the total amount of food redistributed last year increased by 27%, or around 29,000 tonnes, compared with 2021
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NewsWhitby merger could push up prices and reduce quality, CMA finds
The CMA said the deal between the two largest scampi suppliers in the UK could result in a ’substantial lessening of competition’
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NewsTesco has halved price gap with Aldi, claims boss Ken Murphy
Tesco launched its Aldi Price Match scheme in March 2020 and is now matching Aldi on 650 products, with a further 1,500 pinned to B&M and Home Bargains
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NewsPilgrim’s UK hails bounceback as losses shrink
The pork giant saw operating losses fall from £16m in 2021 to £2.26m last year, its latest accounts have shown
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NewsInflation and cost of living send Mindful Chef to steeper losses
Losses have widened at Mindful Chef as a squeeze on consumer spending and inflation dampened demand and hurt margins.
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NewsGroceries Code Adjudicator accuses supermarkets of ‘warfare’ on suppliers
Mark White today published a “deep dive” report into views of suppliers about the conduct of supermarkets under GSCOP
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NewsMinette Batters to stand down from NFU presidency in February
Batters described her move as a ‘tough decision’ in her opening message in the October NFU Magazine
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NewsDavid Potts steps down at Morrisons as Carrefour chief is named new CEO
US owners Clayton Dubilier & Rice (CD&R) revealed it had appointed Rami Baitiéh, formerly chief executive of Carrefour France, as its new boss
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NewsApple growers experience dramatic drop in profitability
The growers body explained the slump was ’inevitable’ as input cost inflation to growers ran at about 23%
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NewsTesco locks 1,000 prices until 2024 in latest attempt to battle Aldi
Today Aldi revealed sales were up by nearly £2bn to £15.5bn and claimed the cost of living crisis had changed shopping habits for good
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Analysis & FeaturesIs it back to square one for UK dairy?
In a never-ending game of boom and bust, the industry is facing elevated input costs, retailer rationalisations and an escalating climate crisis