All Inflation articles – Page 67
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NewsElectricity costs for UK’s cold food storage facilities double in a year
Electricity spend for the UK’s cold storage facilities has grown from £560.6m in 2021 to an estimated £1.1bn in 2022, according to the Cold Chain Federation
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NewsTwo pints of milk now at same price as four pints at start of 2022
Analysis of Assosia data shows that two pints of own label milk now costs £1.15 – the same price as a four-pinter in January
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NewsFood redistribution app sees demand soar as cost of living crisis bites
Since January, the anti-waste app has seen more than 100% growth each month in demand for bags of surplus groceries
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NewsGovernment to consider scrapping Groceries Code Adjudicator role in ‘efficiency’ drive
A consultation launched by small business minister Jane Hunt said ministers were looking at whether they could make efficiency savings by doing away with the role
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Comment & OpinionMagnum, Flora, Twix… shrinkflation is rife, but shoppers will only take so much
Shrinking packs during the worst cost of living crisis in 30 years risks undoing years of brand loyalty
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NewsFirst Milk sees sales grow, but profits fall back in challenging market
The supplier said a need to pay higher milk prices to farmers facing soaring costs had impacted on operating profits
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NewsPremier Foods hails growth as its brands appeal to cash-strapped shoppers
Premier Foods has reported a “strong start” to the year as its stable of noodles, sauces and stock cubes helped shoppers in search of cheaper meals.
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NewsCity Snapshot: Food prices rise faster than headline rate of inflation
Food and drink prices have soared higher than the headline rate of inflation in June as sharp rises in input costs fed through to supermarket shelves. Plus, Premier Foods reports a “strong start” to its financial year; and Finsbury Food Group issues a pre-close trading update.
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NewsTrust in supermarket food down as consumers link cheaper choices with lower quality, survey finds
Only 58% of consumers trust the safety and quality of supermarket food, down from 78% a year ago, according to a survey by Red Tractor
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Analysis & FeaturesCan food tariff cuts really put a dent in inflation?
By cutting ‘food tariffs we don’t need’, the UK could reduce inflation, Boris Johnson recently claimed
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NewsUnilever cuts size of Magnum multipacks to mitigate cost increases
A spokeswoman for Unilever said it was ‘currently experiencing large increases in the costs of some of our raw materials’
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Comment & OpinionHow bottling closer to home can help the drinks industry adapt to rising costs
The traditional approach of brewing and packaging a product in its home market before shipping to consumers abroad looks to have gone down the drain, says Francois Sonneville, senior beverages analyst at Rabobank
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Comment & OpinionCan Deliveroo find a way through its ‘headwinds’ to deliver on profitability?
The delivery giant has downgraded its sales forecasts, prompting another fall in its share prices
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NewsM&S Food to lock value range prices through summer
The retailer is committing to keeping prices locked for an array of everyday essential food items, such as beef mince, spaghetti and bread
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NewsCheaper prices driving c-store shoppers to discounters, new data shows
Lumina Intelligence UK Convenience Market Report 2022 found a “notable uplift” in convenience shoppers also visiting discounter stores
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NewsFabulosa promises not to pass on cost price increases
The brand said it wanted to “support consumers with the cost of living crisis while enabling their valued retail and wholesale partners to maintain an attractive commercial proposition”
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NewsFDF urges Tory leadership candidates to do more to support food & drink
Otherwise they ‘risk forcing more costs onto hard-pressed shoppers’, said FDF CEO Karen Betts
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NewsInflation overtakes climate emergency as public’s biggest concern
The rising cost of living is now one of the biggest concerns for 40% of Brits, the highest level for around 40 years
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Comment & OpinionWill backtracking on environment targets and commitments turn from trickle to flood?
Government, companies and consumers all starting to question concern for environment amid more immediate fight for survival
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NewsTesco leads retailers in raising prices of olive oil
Prices for own-label olive oil and extra virgin olive oil bottles in the retailer rose between 11% and 32.3% over the first week of July