Liz Truss news and analysis – Page 3
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Analysis & Features
How Unilever provided safe haven amid 2022’s stock market storm
Unilever seems a ‘safe haven’, but the turmoil of 2022 was tough for many of the listed players. So who fared best… and worst?
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Comment & Opinion
The year in cartoons: The Grocer’s Christmas Tinkle 2022
These are your biggest stories of the year, told in pictures
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News
Food inflation hits highest level in 45 years
Food and non-alcoholic beverage prices rose by 16.2% in the 12 months to October, up from 14.5% in September, according to the ONS
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News
City snapshot: Premier Foods grows profits and sales as shoppers stay home to cut costs
Squeezed shoppers have turned to Premier Foods’ stable of household brands as they cut down on eating out, boosting sales and profits at the supplier group. Plus, inflation hits 11.1% as food prices soar at fastest rate since 1977, Deliveroo exits Australia, McBride warns of continued cost pressures, and Eagle Eye acquires French personalised promotions firm
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Comment & Opinion
‘Post-Brexit trade opportunities’? UK exporters are still suffering through the reality
Given George Eustice’s oft-repeated confidence that all would be well, his latest admission those deals may not have been that fantastic after all is somewhat surprising
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News
Thérèse Coffey appointed Defra secretary in Sunak Cabinet reshuffle
She replaces Ranil Jayawardena, MP for North East Hampshire, who had been Defra secretary since September
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Comment & Opinion
Now Sunak is PM, more stormy waters lie ahead for industry
Anyone expecting lavish spending from the new PM is likely to be in for a shock
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News
Media Bites 21 October: Liz Truss, inflation, interest rates, Naked Wines
Headlines are dominated by the resignation of Liz Truss and the state of the economy but the papers also find room for Naked Wines’ new strategy.
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Comment & Opinion
What next for food & drink now Jeremy Hunt is in charge of the economy?
Industry must watch Hunt very carefully indeed over the weeks and months to come, says Ian Wright, outgoing co-chair of the Food & Drink Sector Council
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News
Media Bites 18 October: u-turn, Greggs, THG
The papers are dominated by the latest u-turns from the government as almost all prime minister Liz Truss’s tax policies are ripped up by chancellor Jeremy Hunt
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News
Food banks warn government they are ‘overstretched and exhausted’
Donations from supermarket customers and the levels of surplus going to redistribution charities have also been hit by the economic situation
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News
Media Bites 17 October: Pound/Chancellor, Tesco, Kroger, Beyond Meat
The pound and UK government bond yields have recovered in anticipation of a key statement from the new chancellor
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News
City snapshot: Tesco chairman warns of increasing pressure on households
Tesco chairman John Allan has sounded the alarm over the increasing pressure on households as interest rates rise higher.
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Analysis & Features
A timeline of HFSS restrictions: From nutrient profiling model to advertising clampdown
From nutrient profiling model to advertising clampdown
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News
Free school meals for families on universal credit would be ‘huge boost’ for supply chain
New research conducted by accountants PwC on behalf of Impact on Urban Health claimed the move could inject up to £41.3bn into the economy
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News
World food commodity prices down for sixth consecutive month
But the benchmark FAO index is up over 5% year on year
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Comment & Opinion
Supermarkets have thrown caution to the wind in their interpretation of new HFSS rules
Who needs a gondola end when you can have no aisle? Why not tuck a special display just round the corner?
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Analysis & Features
What do soaring interest rates mean for debt-laden Morrisons and others?
Moody’s cited Morrisons as a prime example, with its £6.6bn debt
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News
UK genetic tech push now influencing EU GM lobbying, campaigners say
‘Vested interests’ are driving legislation in Britain and on the continent, according to research by campaign group Corporate Europe Observatory
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News
Media Bites 6 October: Tesco, Unilever, Ocado
Coverage of the latest results from Tesco makes up the bulk of retail news in this morning’s papers.