All Inflation articles – Page 50
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News
Ornua Foods reports strong financial results but warns of challenges ahead
Volume sales were still up 16% on pre-Covid levels, due to higher in-home eating and a continued desire for staple ingredients such as cheese and butter
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News
City snapshot: UK inflation slows but food prices keep soaring
Food prices have risen at the fastest rate for more than 14 years, with the sector becoming the biggest contributor to UK inflation last month. Plus, Naked Wines shares crash following two unexpected business updates after hours last night, and C&C Group issues first-half trading update.
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News
One Below becomes One Beyond as pricing strategy switches from ‘£1 or less’ to ‘from £1’
The discount chain was launched in early 2019 by Chris Edwards and his son of the same name, the duo who were behind Poundworld in its heyday
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Comment & Opinion
The Queen’s death is momentous. But industry cannot wait for details on energy bailouts
The timing has meant a communications shutdown was effectively imposed within hours of the announcement of one of the biggest bailouts of industry – and households – in history
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Grocer 33
Grocery inflation sees slight dip as Asda pips Tesco
The figures back up this week’s ONS figures, which showed overall UK inflation dipping to 9.9% in August from 10.1% in July
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Interviews
Former rivals at Medina Freshways on working together
The merger of processors Medina and Freshways was complicated by Covid, but the newly formed supplier is now ready to become a major player
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News
Government urged to protect food supply chain from energy rationing ‘disaster’
The Grocer has learned the threat to the supply chain from potential power shortages was raised during crisis talks with the government last week, before the announcement of the death of Queen Elizabeth II
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News
Thousands of food companies in ‘limbo’ over energy bailout as government shuts down
A raft of industry bodies told The Grocer a shutdown of all government communication had left companies facing a ’black hole’ and questioning their viability
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News
Sewell Retail turnover soared during 2021 as commuters returned to work
According to its latest accounts posted at Companies House, turnover rose by 18.5% to £57.1m for the year to 31 December 2021
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News
Pots & Co replaces ceramic pots with glass to improve sustainability
The glass pots will be 100% recyclable and 100% reusable as part of the brand’s commitment to sustainability
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Comment & Opinion
Six months is not long enough for business gas bill cap from government
And targeted support after that won’t work
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News
Charlie Bigham’s tops £100m sales and snaps up frozen brand By Ruby
Revenues increased 29.2% – or £23.6m – to a record £104.4m in 2020/21 thanks to a legion of new customers trying the brand’s range of meals and puddings throughout lockdown.
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News
Tree of Life owner claims HSBC ‘refused’ to help ease burden
The health food wholesaler experienced a “dramatic” hit to sales caused by the twin shocks of Brexit and Covid, which followed a record year in the 12 months to 31 March 2021 when revenues exceeded £100m.
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Grocer 33
Stork spread tops inflation tracker with 81% increase
In total 28 items increased in price, with just five cheaper than last September
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Comment & Opinion
Heinz sales are steady, but was it really the winner in the Tesco dispute?
Is it really fair to say Heinz won? What can we take from the saga, now the dust has settled?
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News
Jonathan Warburton returns to helm of baker as MD Neil Campbell departs
MD Neil Campbell has left after nine years in charge amid tumultous inflationary market
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News
Truss caps business energy bills to save winter closures
The PM said the financial support would be ‘equivalent’ to the Treasury’s support announced today for consumers
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News
Food wholesalers losing money to fulfil public sector contracts
FWD members have reported that their catering customers are being forced to reduce portion sizes and are using less UK-grown and produced food and drink
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News
Heinz sales steady despite Tesco price dispute
Over the four weeks to 2 July, when the dispute took place, its sales only fell £1.1m – a 2.2% drop
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News
Poundland doubling number of lines selling at £1 in price ‘reset’
The variety discounter aimed squarely at the mults in its announcement of the move