Rachel Reeves news and analysis – Page 11
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NewsSainsbury’s warns budget will lead to ‘difficult decisions’ on food prices
‘There just isn’t the capacity to absorb this level of unexpected cost inflation,’ Roberts said
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NewsDimbleby warns government of health disaster if it relies on Ozempic to tackle obesity
He said he feared the Labour government was hoping the revolutionary new drugs would solve the problem
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NewsMedia Bites 7 November: M&S results, Trump win, Christmas ad spend
Marks & Spencer has reported a jump in profits but warned measures in last week’s budget could cost it more than £60m
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NewsAnti-budget strike action by farmers ‘could lead to food shortages’
Farms worth over £1m will now be subject to 20% inheritance tax, prompting fears many will become unviable
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NewsBudget measures to heap £120m in added costs on M&S, says chief
Stuart Machin said ‘we don’t want to pass on these costs to our customers’ through price rises but ‘can’t rule anything out’
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NewsLords Committee calls for immediate action to tackle shop theft epidemic
The committee laid out its recommendations in a letter to Diana Johnson, the minister for policing, crime & fire prevention
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NewsMedia Bites 5 November: shoplifting, Sainsbury’s/M&S, Tobacco and Vapes Bill
Shoplifting remains in the spotlight in this morning’s papers, with impending results from M&S and Sainsbury’s also in focus
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NewsOzempic and supermarket health targets 'would halve obesity’
However, the report stops short of recommending taxes on the food and drink sector because of the danger they would push up food prices
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NewsMedia Bites 4 November: Interest rate cuts, budget woes, M&S
Rachel Reeves’ budget and its impact on business and the economy is still making headlines
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NewsBudget soft drinks sugar tax hike welcomed by campaign groups
The tax is currently applied at two different rates: 18p per litre for drinks with between 5g and 7.9g of sugar and 24p per litre for drinks with 8g or more
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NewsMedia Bites 1 November: more budget reaction, Amazon, Mars, Harrods, Aldi
Friday’s press continues to be dominated by reaction to the first Labour budget for 14 years, and, perhaps unsurprisingly, many of the leading UK publications are unsympathetic
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Analysis & FeaturesWill Labour act on damning obesity report proposals?
A House of Lords committee has urged the government to revisit Henry Dimbleby’s ideas on taxation and advertising restrictions
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NewsFmcg shares crash as investors stress over budget pressure for industry
Investors gave a big thumbs down to chancellor Rachel Reeves and the first Labour budget for 14 years as the FTSE 100 sank and shares across fmcg suffered a mass sell-off
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Comment & OpinionThe budget has set the stage for a tough business environment
Many businesses will be counting the cost of the triple-whammy of higher National Insurance contributions, lower thresholds, and a whopping increase in the national living wage, says Ian Wright, co-chair of the Food & Drink Export Council
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News‘Shafted’ farmers dismayed by budget tax hikes warn of price increases
Chancellor Rachel Reeves’ first budget has been slammed by the farming sector for its ‘betrayal’ over tax hikes
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NewsWholesale sector to face over £110m in extra costs from new budget
Increased employers’ National Insurance and direct wage costs will have a ‘significant impact’ on the sector
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NewsMedia Bites 31 October: Budget reaction, Kraft Heinz, Starbucks
Unsurprisingly, the front-pages this morning are all about Rachel Reeves’ first budget
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NewsYour reactions to the new government’s £40bn tax-raising budget
Readers of The Grocer share their opinions on how the autumn budget will affect their areas of industry
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NewsConvenience stores to bear £666m in extra costs from new budget
The ACS said the impact would be felt “unevenly” across the UK’s 50,000 convenience stores
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Comment & OpinionLabour’s budget gamble leaves businesses scrambling for cash
Labour is hoping it can both raid corporate pockets and simultaneously stimulate growth