All Inflation articles – Page 53
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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
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News
Boots launches 60-strong value range of essentials starting from 50p
The own-label range of 60 products is available online at Boots.com from today. It is due to be rolled out to over 1,000 stores over the next few weeks
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News
Pilgrim’s UK announces proposal to close two factories, putting over 600 jobs at risk
The company has announced plans to close its Bury St Edmunds and Coalville sites and shift production at its Ashton plant to a four-day week
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News
Young’s launches Gastro pub-style battered fish as consumers eat in more
The new product is designed to replicate gastro pub fish and chips with new super-sized battered fillets
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News
Hesper Farm Dairy ceases trading as liquidators seek buyer
Yorkshire yogurt maker Hesper Farm Dairy has ceased trading in the face of spiralling costs.
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News
Fruit supplier Jupiter Marketing collapses, leaving almost 100 jobless
Tim Bateson and Chris Pole from insolvency firm Interpath Advisory were appointed as joint administrators to Jupiter Marketing Ltd on 5 September 2022.
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Comment & Opinion
Food sector welcomes Liz Truss but she must act quickly on labour, rates, energy and more
Truss will likely be more engaged than her predecessor, but needs to take ‘urgent action’
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News
Pilgrim’s UK sees £16m loss but promises strong recovery
The pork giant reported significant inflation throughout the supply chain and lower pig prices meant results had been negatively impacted
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News
New PM urged to tackle energy prices or see thousands of food companies fold
A raft of trade bodies signed a letter on Friday calling on the government to rewrite the National Food Strategy
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News
City Snapshot: Iceland halts store openings as energy bills soar
Frozen food chain Iceland has put expansion plans on hold and warned of potential store closures as the cost of energy spirals.
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News
Energy prices a ‘complete disaster’ warns Barfoots boss as growers consider future
Growers have faced an up to 300% increase in energy prices, which is forcing many to consider their future in the sector
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News
New CO2 gas crisis could cost 2 Sisters £1m extra a week, Ranjit Singh Boparan warns
It comes as the UK’s main gas supplier CF Fertilisers announced plans to close its Billingham site last week
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Grocer 33
Sainsbury’s offers cheapest shop as inflation hits 13%
Of the 33 items on our shopping list, 31 were more expensive across the five retailers we visited