All Inflation articles – Page 56
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NewsFWD urges incoming PM to tackle inflation and support food distributors
In a letter to Rishi Sunak and Liz Truss, the FWD said its members had been disproportionately affected by the pandemic, labour shortages and the Ukraine war
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NewsUK cherry growers fear price undercut despite bumper crop
Bumper UK cherry crop may go to waste as earlier harvest in Europe undercuts UK supply
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Analysis & FeaturesWhat can the Ukraine grain export deal achieve after missile strike?
Is deal to restart exports already derailed after Russian attack?
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NewsAHDB forecasts even tougher times ahead for livestock farmers
Producers will continue to feel the effects of rising energy and input costs
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NewsTea getting steeper as big brands see price increases across the mults
The price of Twinings, Pukka and Tetley teas is creeping up
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NewsKraft Heinz pushes through price increases to manage inflation
The US group pushed up prices more than 12 percentage points in its second quarter, which helped sales beat Wall Street expectations.
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NewsVimto maker Nichols with ‘encouraging’ growth despite inflationary pressures
The boss of Nichols has hailed the drinks group’s first-half performance in the face of challenging inflationary headwinds, with Vimto making further market share gains and the out-of-home channel moving back above pre-Covid levels for the first time.
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NewsCooling costs for cereals growers on rise after heatwave makes grain too hot to store
The NFU has warned that cereal growers are having to spend more on cooling costs as temperatures rise adding to soaring input costs
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NewsFood price inflation accelerates to 13-year high
Food prices have hit a 13-year high as spiralling production costs piled more pressure on the grocery sector, according to the latest industry data.
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NewsCity Snapshot: Danone and Reckitt Benckiser beat expectations thanks to price rises
Reckitt Benckiser and Danone have continued the trend of stronger-than-expected sales growth from big consumer groups fuelled by hefty price rises. Plus, trading updates from Haleon and Parsely Box, Q2 numbers from Mondelez, first-half results from British American Tobacco and Nichols, Q1 figures from Rémy Cointreau, and the latest shop price index from BRC and Nielsen.
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NewsNisa CEO promises overhaul of cost structure in bid to boost retailer appeal
Michael Fletcher committed to reviewing the key distribution contact with DHL, Nisa’s office function, retailer rebates and the price of Co-op own brand
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NewsCoca-Cola sales fizz higher as prices rise
Coca-Cola has outperformed expectations and raised its full-year forecast as demand for its portfolio of drinks held up in the face of rising prices.
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Comment & OpinionScrapping the Groceries Code Adjudicator? A terrible idea
A transfer of responsibilities to the CMA won’t save costs, won’t be more efficient, and will be less effective, says Ged Futter, director of The Retail Mind
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NewsAmazon hikes Prime membership fee to £8.99 per month
The monthly fee for Prime has increased by nearly 12% and the annual fee by 18%. The subscription had cost £7.99 monthly and £79 a year
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NewsMorrisons donates £100,000 of food to holiday clubs
Morrisons said its community champions would work with local holiday clubs to identify the foods they needed the most
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Comment & OpinionIs it realistic for food brands to slash marketing in the cost of living crisis?
It’s clear businesses have a role to play in cutting costs, but some ideas present potential long-term concerns, says Les Brookes, CEO at Oliver Wight EAME
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NewsM&S brings back free meal for kids offer as living costs mount
M&S has also rolled out a new hot breakfast menu for children, alongside its hot and cold lunch menus
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NewsAsda reveals record fall in disposable income
Some 20% of UK households now had ‘negative disposable income’
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NewsTesco offers free kids meals in holidays in cost of living move
The scheme will run in all 311 of its cafés from 25 July – 26 August and is available for parents who spent a minimum of 60p on a purchase
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NewsMPs launch probe into food price crisis
The Environment, Food and Rural Affairs (Efra) committee will also assess the government’s National Food Strategy