Jeremy Hunt news and analysis – Page 3
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News
Lidl’s biggest distribution centre in the world opens in Luton
The facility is half a kilometre in length and could fit three existing Lidl warehouses inside, according to the discounter
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News
Media Bites 21 Aug: Wilko, Retail sales, Business rates
The boss of one of Britain’s biggest unions said there were “genuine grounds for hope” over the future of Wilko
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Media Bites 19 July: Ocado, Kantar, Pret
In a very busy morning for food & drink in the papers, Ocado’s latest results, the latest Kantar market share data and a first profit for Pret since 2018 all make headlines.
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News
Media Bites 29 June: Greedflation, Ocado/Amazon, Nestlé
A quiet morning in the papers that covers Chancellor Jeremy Hunt scrutinising profits in the food industry supply chain and Ocado Amazon rumours fading away.
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News
Aldi price match schemes under scrutiny as CMA report on ‘profiteering’ looms
Yesterday supermarket bosses strongly defended claims they were inflating profit margins on the back of the cost of living crisis
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Media Bites 28 June: Supermarket inflation, Boots, Diageo
Britain’s biggest supermarkets have rejected accusations from MPs that the industry is behaving like ‘a cartel’ and is fuelling inflation by profiteering from soaring food prices
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Media Bites 26 June: Inflation, Carlsberg, Hotel Chocolat
Supermarkets will be scrutinised this week for any sign they may be profiteering from rising prices
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News
Government declared ‘not fit for purpose’ over price cap plan
Supermarket and supplier bosses are understood to be fuming over the plans, which were leaked to the Daily Telegraph at the weekend
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Comment & Opinion
Are ‘clumsy, meaningless’ food price cap proposals any more than a PR stunt?
Industry players fear the implications have not been fully thought through
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Comment & Opinion
Suppliers are the latest scapegoat for high food prices. Let’s bust this myth now
The government is attempting to put blame somewhere in its complete naivety of how fmcg supply works, says David Sables, CEO of Sentinel Management Consultants
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News
Supermarket bosses vow to fight government price caps
Retail leaders have described plans for a voluntary system of price caps on basic foods as ‘meaningless and ineffective’
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News
Sainsbury’s relaunches value own-label range as Stamford Street
The supermarket’s existing value ranges will be converted under the new range.
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News
No sign of ‘greedflation’ in food supply chain, says M&S chief
Stuart Machin’s claim comes as ministers pile pressure on the sector to reign in food price inflation
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Media Bites 24 May: Food price inflation, SSP Group, Ocado
Britain’s food manufacturers have rejected government claims that they are stoking inflation
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News
Media Bites 23 May: Food inflation, junk food, alcohol health warnings
The papers continue to focus on the ongoing issue of soaring food prices, while Ireland to label alcoholic drinks with cigarette-style health warnings.
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Comment & Opinion
Why suppliers must support convenience through tough times
The convenience channel is a valuable one and supporting it now can only bear fruit for the future, says Steph Cullen, head of UK CPG at Circana
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News
Media Bites 16 March: Budget, John Lewis, British American Tobacco
The Budget dominates the papers today, but there is plenty of coverage for John Lewis’ first-ever appointment of a CEO.
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Comment & Opinion
Budget fails to alleviate pressure on companies caught in cost of living crossfire
After the chaos unleashed by the mini-budget last November, Jeremy Hunt’s ‘steady as she goes’ budget was not exactly unwelcome – though it left grocery industry participants frustrated that more help isn’t being offered
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News
City snapshot: Vape maker Supreme sells IP of e-liquid brand T-Juice to La Vape Professional Distribution
Vape manufacturer Supreme has agreed to sell the intellectual property of premium e-cig liquid brand T-Juice to a French wholesaler for €4.5m.
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News
City snapshot: Naked Wines seeks new financing partner following Silicon Valley Bank failure
Naked Wines is searching for a new financing partner following the collapse of Silicon Valley Bank, but the wine delivery firm said this morning its day-to-day operations remained unaffected by the situation.