more economy news & analysis – Page 27
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Comment & OpinionThe Treasury takes the food sector for granted at its peril
The government is offering support on energy bills through winter, but in April, we will still need to bake, chill and freeze food, says FDF CEO Karen Betts
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Comment & OpinionWhat could fall by the wayside in a pause on ‘all but necessary’ legislation?
If the call for a legislative pause is successful, it could involve a whole raft of major policies being suspended, or axed altogether
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Comment & OpinionWhy personal inflation metrics matter more than the official numbers
Attitudinal changes are more critical than ever to understand if our industry is to get in front of the realities at the checkout, says Kantar’s Chris Morley
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NewsCity snapshot: Retail footfall slips back in October
Retail footfall remains almost 12% down on pre-pandemic levels after slipping back further in October amid rising inflation and energy bills
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Comment & OpinionBusinesses must start compiling the evidence for further energy support
Any sector looking for support beyond April will need to make a compelling, evidence-based case, says Mary Starks, partner at Flint Global and former executive director of OfGem
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NewsCity snapshot: Food price inflation hits new record high of 11.6%
Food price inflation has soared to its highest level on record, according to the month BRC-Nielsen IQ Shop Price Index
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Comment & OpinionFood stores are no longer a safe investment, but opportunities remain
Different assets and business models need to be understood if an investor is going to acquire successfully in the sector, says Richard Curry, head of retail and Martin Carey, head of commercial at Rapleys
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Comment & OpinionA cash-free society only benefits well-off shoppers and faceless financial companies
Independent merchants who want to support their local communities lose out in the switch to card-only payments, says Joanna Blythman, food journalist and author of Swallow This
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Comment & OpinionNow 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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Comment & OpinionHow to build business resilience in a challenging landscape
There are no easy answers, but there are important things to consider to ensure resilience, says Chris Stott, UK head of Food & Drink, KPMG
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Comment & OpinionSMEs are set to suffer most in winter of insolvencies
After struggling to deal with input cost inflation, businesses across food and drink now face expect to face interest rates rising to more than 5%
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NewsFishers forecast ‘bad’ medium-term outlook amid soaring input costs and labour shortages
More than a quarter of UK vessel owners and skippers see the outlook for the next three to five years as ‘bad’ or ‘very bad’
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Comment & OpinionWhat 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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Comment & OpinionWhy are shop floor staff struggling to pay bills while retailers make huge profits?
Retail workers are beginning to question whether they should accept low pay on the shop floor, says Nadine Houghton, national officer at GMB
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Analysis & FeaturesHow the declining value of the pound is putting the squeeze on UK food importers
While sterling’s recent slump could boost exports, it is but the latest headache for businesses that source from abroad
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NewsCity snapshot: UK retail footfall rises to post-pandemic high
UK footfall came within 10% of pre-pandemic levels for the first time in September, despite mounting pressure on consumer spending
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NewsMayor announces over £20m in funding for London markets amid cost of living crisis
City Hall will be investing £20m from its Good Growth Fund plus an additional £3m to support street markets, covered markets and wholesale markets in the capital
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NewsCurrency jitters could worsen pork supply woes even as exports rebound
The warnings come as overseas sales revive to near pre-Brexit levels
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Analysis & FeaturesBritish dairy’s international treasure hunt
Dairy can often feel like a dwindling industry in the UK. Declining milk consumption and promotion of vegan alternatives – amid allegations around the impact of cows on climate – have led to a sense of woe across the sector
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Analysis & FeaturesChina’s role in the global post-Covid market
Post-Covid, China’s growth has slowed significantly, with only 0.4% GDP growth in the second quarter of 2022