All Middle East conflict articles
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NewsSainsbury’s shares rally despite slowing growth
Shares in Sainsbury’s rallied this week despite sales growth slowing in its first quarter amid a tough consumer backdrop
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NewsDiesel records biggest monthly price drop in 25 years
Analysis by the RAC found that diesel averaged 183.75p per litre at the beginning of June and dropped 16.6p to 167.14p by the end of the month
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NewsAssociated British Foods hit with downgrade to sugar losses
The group downgraded its outlook for the division and said it now expected an adjusted operating loss in the range of £25m to £60m
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NewsMcCormick pressing ahead with Unilever Foods integration plan
The deal – forecast to close sometime in mid-2027 – brings together McCormick brands such as Cholula and Frank’s with Unilever’s Hellmann’s and Knorr
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Comment & OpinionWhat will Starmer’s resignation mean for food, farming and retail?
Starmer’s pre-election promise that he would listen to business concerns and ensure ‘food security is national security’ came to very little when the already struggling food sector needed real help
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NewsCost of NPM changes much higher than government assessment, finds Oxford Economics
The FDF said the findings reflected a ‘massive underestimation’ of the time required to interpret and implement the changes
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NewsYoung adult and well-off household consumer confidence sinks
GfK’s long-running index held firm at –23 in June as worries about the impact of the conflict in the Middle East on household bills and petrol and food prices continued to weigh on consumer sentiment
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NewsTesco boss Ken Murphy says bad weather has had bigger impact than Iran war
Tesco revealed first-quarter like-for-like sales in the UK grew by 1.8%, although Murphy stressed that was against a period last year which included a summer heatwave
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NewsFuel Finder driving quicker pump price drops as wholesale costs fall
AA spokesman Luke Bosdet said the pricing behaviour highlighted the ‘power of Fuel Finder’
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NewsVirgin warns of unexpected losses as consumers feel the pressure
The online wine retailer now expected to fall into the red as the effects of the Iran war combined with increased taxes in the form of duty and packaging levies
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NewsCurrency volatility hitting profitability for food and drink exporters, study finds
Nearly half (45%) of UK food and drink businesses operating on margins below 10% had seen profitability slashed by a third over the past year
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NewsFertiliser ‘must be affordable’ amid Iran war price spike, NFU urges
Farmers are warning they may have to stop planting some crops due to the soaring cost of fertiliser
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NewsSupermarket CEOs demand Keir Starmer acts on retail jobs crisis
The CEOs of Asda, Tesco, M&S, Sainsbury’s and Morrisons hit out at a lack of opportunities for young people and accused the government of making their plight worse with a bombardment of expensive regulation
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NewsFarmers need help to adopt low-carbon fertilisers, Tesco boss Ashwin Prasad says
Tesco’s UK CEO said low-carbon fertilisers could play an important role in reducing emissions
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NewsFood sales surge in May as heatwave drives shoppers online
Barbecue goods were in high demand as the UK enjoyed the hottest day of the year ahead of the May bank holiday weekend.
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Comment & OpinionEditors picks: Food poverty, workforce crisis and The Chicken King
Three of the food system’s biggest pressures – workforce shortages, rising food poverty and complications around the packaging tax – all took the spotlight this week
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Comment & OpinionDRS shows what works but other packaging policies need fixing
the release of the retailer handling fees was, as one source puts it, the moment it “all became real”
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NewsPetrol up, diesel down in ‘unusual’ May price split
The average price per litre of unleaded increased from 157p to 159.4p, while diesel fell from 188.4p to 183.9p
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Analysis & FeaturesWill Reeves’ food tariff cuts actually help to lower inflation?
The food & drink industry is sceptical the plans will have any effect
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NewsLegal challenge over deposit return scheme ruled out by SGF
Scottish Grocers’ Federation chief executive Pete Cheema told The Grocer he believed the plans for the scheme “would go through” despite concerns expressed over the levels of compensation to be paid to retailers.