All Inflation articles – Page 89
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NewsPlastic tax faces shambolic start as material prices hit record levels
Many suppliers are now considering shouldering the tax rather than switching to more expensive packaging
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Comment & OpinionHow brewers should prepare for the knock-on effects of the Ukraine crisis
The beer industry should be prepared for further price increases or severe supply chain problems, says Craig Willmott, co-founder and head of operations at HonestBrew
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NewsCity snapshot: Coca-Cola HBC withdraws guidance due to Ukraine/Russia conflict
Troubled Eastern European Coke bottler Coca-Cola HBC has withdrawn its guidance for its current financial year due to the conflict between two of its key territories of Ukraine and Russia. Plus, Glanbia posts strong annual sales and profit growth, footfall rebounds in February and all the rest of the latest news from the City.
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NewsMedia Bites 3 March: EG Group, Prompt Payment Code, Just Eat, Hotel Chocolat
EG Group has told its investors for a third year running that it needs more time to produce audited accounts, citing the increased size and complexity of the business.
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NewsSeasonal worker wages soar 38% in ‘administrative nightmare’ for UK growers
The pay rise is due to come into dforce in April, but has been slammed as “unfit for purpose” by growers
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NewsNichols in M&A hunt as it launches review of Covid hit out-of-home channel
Vimto owner Nichols is eyeing M&A targets to strengthen its portfolio of drinks as the group rethinks the out-of-home channel in the wake of the pandemic, bosses have told The Grocer
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NewsShop prices hit highest level for more than a decade - BRC
Shop price annual inflation hit 1.8% in February, up from 1.5% in the previous month, which marks the highest rate since November 2011, the British Retail Consortium reported.
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NewsMedia Bites 2 March: Boots, Sainsbury’s, Grocery market share
Plans for a multi-billion-pound sale of UK chemist Boots have run into a series of difficulties after a potential buyer walked away
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NewsCity Snapshot: Nichols slides to a loss as out-of-home channel struggles to recover from Covid
Vimto maker Nichols has fallen to a loss as the damage caused to its out-of-home business by the pandemic continued to weigh heavily on the group. Plus, the latest shop price index from BRC, full-year losses balloon at Just Eat Takeaway, a bumper first-half for Hotel Chocolat and full-year results from sausage casings maker Devro.
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Analysis & FeaturesHow is Russia’s invasion of Ukraine affecting food and fuel prices?
As over a million Ukrainians flee their homeland to escape Russia’s invasion, one of Europe’s worst conflicts since the Second World War has also sparked panic on commodities markets.
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Comment & OpinionProfit warnings indicate a perfect storm of post-pandemic challenges
The pandemic’s impact on consumer behaviour, rising energy costs, inflation and labour shortages have all added costs and strained supply chains, says Hunter Kelly, partner at EY-Parthenon Turnaround & Restructuring Strategy
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NewsColgate toothpastes return to Tesco - some with higher prices
At the time of writing, a search for ‘Colgate’ on the retailer’s website returned 68 SKUs. Only one of these products was ‘unavailable’
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NewsCity snapshot: Inflation hits nine year high as supermarket sales continue to fall
Supermarket sales fell by a further 3.7% in the most recent three months, according to Kantar, as inflation hit its highest level since 2013
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NewsMedia Bites 1 March: ABF, McColl’s, GSK, petrol prices
The papers cover the latest trading update from Primark owner ABF, alongisde the capital markets day at GSK, the ongoing troubles at McColl’s and the effects of the conflict in Ukraine.
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NewsMackie’s of Scotland enjoys record year but inflation set to squeeze profits in 2022
Scottish ice cream brand Mackie’s has delivered record sales and profits despite the challenges of lockdown and spiralling costs.
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Comment & OpinionUkraine conflict will have consequences for UK food and farming. But let’s not forget the real cost
Ministers are facing mounting pressure to follow the EU’s lead and throw open the UK’s borders to Ukrainian refugees
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NewsHow the stock market has reacted to Russia’s invasion of Ukraine
Global stock markets crashed on the news of Russia’s invasion, but focus has begun to centre on those companies most exposed to upheaval in the region
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NewsMeat and dairy alternatives fail to grow market share during Veganuary: AHDB
This came despite Veganuary having its highest number of signups ever this January
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NewsMedia Bites 28 Feb: McColl’s, Unilever, Burger King, Boots
Convenience store chain McColl’s is racing to secure new funding to stave off a collapse
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NewsCity Snapshot: McColl’s confirms talks with banks to save it from collapse
McColl’s has confirmed it is talks with lenders as the c-store chain seeks to raise fresh capital to prevent it falling into administration. Plus, full-year results from Kitwave Group and a half-year trading update from Associated British Foods.