Jeremy Hunt news and analysis – Page 2
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NewsCosta Coffee to implement 9% pay rise for its workers
The change will affect over 15,000 store members, with specific pay increases in place for more senior and London-based baristas.
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Analysis & FeaturesWho will be hit hardest by rising national living wage?
Food prices will likely stay higher for longer as costs are passed on
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NewsMedia Bites 6 February: McDonald’s, junk food, Asda
The business sections focus on McDonald’s reporting its first quarterly sales miss in nearly four years
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NewsMedia Bites 1 February: Morrisons, Gillette
Morrisons continues to make headlines in the business pages as its new boss, Rami Baitiéh, faces the media for the first time
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NewsLab-grown meat set for green light under FSA plans
The Food Standards Agency (FSA) will put forward options for a streamlined system of testing at its next meeting on 20 March
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NewsMedia Bites 18 January: Inflation
The surprise increase in inflation is the main focus in this morning’s papers.
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NewsBusiness rates for UK’s six largest supermarkets set to rise by £160m
The bill for the traditional big four will rise by £136m, according to Colliers
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NewsMedia Bites 4 December: National living wage, HFSS, Jollyes
The government’s decision to increase minimum pay will result in higher prices, lower investment and fewer jobs, retail and hospitality leaders have warned
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NewsMedia Bites 1 December: baby formula, Wilko, THG
The boss of Iceland has hit out at “exploitation” of new parents and joined calls for a price cap on baby formula after the competition watchdog found evidence of greedflation by leading manufacturers.
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NewsMedia Bites 23 November: Autumn Statement, Asda, Britvic
The papers this morning are dominated by yesterday’s Autmn Statement.
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Comment & OpinionHow the autumn statement will impact retail and fmcg
A ‘final nail in the coffin for the high street’ was the grim description from a leading property consultancy of today’s autumn statement
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News‘Huge relief’ for alcohol producers as Chancellor freezes booze duty until August 2024
It had been suggested duty would go up again in line with inflation in April
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NewsLogistics sector calls for government support amid major demand slump
The industry is facing a slowdown in activity due to the cost of living crisis
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NewsMore retailers will follow Wilko unless business rates frozen across the board, experts warn
Jeremy Hunt has reportedly indicated the business rates multiplier – used the calculate the tax bill – will remain frozen for small business in his autumn statement, but not for larger ones
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NewsMedia Bites 20 November: Retail sales, Tesco Bank, Hotel Chocolat
British retail sales have fallen to their lowest level since February 2021 as consumers curb their spending
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NewsMedia Bites 13 November: Diageo, business rates, Retail crime
The world’s biggest spirits-maker has warned that it is struggling to shift its high-end whiskies in Latin America and the Caribbean
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NewsLogistics sector urges Chancellor to commit to long-term plan amid HS2 and net zero rowbacks
Logistics infrastructure needs long-term commitment, trade bodies told Jeremy Hunt
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NewsGrowers warn production plummeting due to economic challenges
Experts warned continued low returns and elevated input costs had resulted in production falling on 2022
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NewsRetail leaders write to Jeremy Hunt calling for business rates freeze
Without a freeze in the business rates multiplier – used to calculate the commercial property tax – there will be new upward pressure on prices just as inflation has begun to ease, according to a letter signed by major supermarkets
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NewsMedia Bites 11 September: Morrisons/MFG, business rates, John Lewis/Waitrose
Motor Fuel Group is in talks over a £2bn deal to gobble up Morrisons’ petrol forecourts