All Russia-Ukraine conflict articles – Page 22
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NewsCity snapshot: Ocado retail sales slow as shoppers return to pre-pandemic habits
Retail revenues at Ocado slowed by 5.7% in the first quarter of its financial year as shopping habits returned backed towards pre-pandemic levels. Plus, Deliveroo losses top £300m as it invests in growth and all the latest news from the City.
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NewsMedia Bites 17 March: Fever-Tree, inflation, cost of living, Starbucks
The drinks maker Fever-Tree and the owner of the Wagamama and Frankie & Benny’s restaurant chains have warned of dramatic cost increases as the price of commodities and gas and electricity soars and the war in Ukraine adds pressure to their businesses.
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Comment & OpinionHFSS promo clampdown must be delayed but not because of Ukraine war
The full extent of the supply chain chaos being caused by the tragic events in Ukraine are becoming ever more clear. Yesterday an all-party group of MPs received evidence from a host of industry trade bodies which made for frankly terrifying listening. Five-fold increases in energy costs, fuel prices tripling, ...
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NewsWonky bread subscription service Earth & Wheat sends bread boxes to Ukrainian refugees
“Since the conflict started, I’ve been trying to find a way of helping the refugees”, said founder James Eid
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NewsFood and drink bosses call for legislation ‘pause’ while they focus on Ukraine crisis
MPs were told the situation would inevitably lead to increasing food prices in the days and weeks to come
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NewsCity Snapshot: Fever-Tree revenues fizz higher but short-term cost pressures loom
Revenues at premium mixer brand Fever-Tree Drinks have jumped 23% to £311.1m despite Covid restrictions hampering on-trade activity as shoppers enjoyed more cocktails at home. Plus, a profits warning from Bulmers owner C&C Group and strong interims from Eagle Eye Solutions.
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NewsMedia Bites 16 March: Lottery, Imperial Brands, Petrol prices
A need to “rekindle” the National Lottery follows a decade of criticism aimed at Camelot
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Comment & OpinionWith Covid cases rising, grocery should think carefully before scrapping all measures
Wilko faced a backlash after The Mirror published a memo from the company saying staff with Covid could continue to work if they felt well enough, and has since made an apparent u-turn
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NewsAldi and Morrisons become latest supermarkets to offer jobs for Ukraine refugees
Aldi said it had 8,000 roles in stores and warehouses, while Morrisons said it had contacted the Home Office over jobs for Ukrainian refugees
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NewsRussian food and drink imports to UK hit with 35% tariffs
Rishi Sunak said the latest measures had been designed to “inflict maximum damage on the Russian economy while minimising the impact on the UK”.
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NewsCity snapshot: Camelot set to lose lottery licence as Gambling Commission picks Czech player Allwyn
Camelot is set to lose its licence to run the National Lottery for the first time since its launch in 1994. Plus, Imperial Brands in discussions to dispose of Russian business, Ocado signs Polish supply deal with Auchan, Virgin Wines interims and the rest of the latest news from the City
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NewsMedia Bites 15 March: Wilko, National Lottery, Ukraine/Russia, inflation
UK homeware retailer Wilko has apologised after issuing guidance to staff in England telling them they should attend work even if they are Covid-positive, as concerns grow over a fresh wave of hospital admissions.
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Comment & OpinionSurviving the looming food crisis must be balanced with climate change policies
While food inflation is now inevitable, more could – and should – be done to prevent food shortages in the UK.
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NewsCity Snapshot: Cake Box strengthens exec team in bid to move past audit issues
Bakery chain Cake Box has brought in new blood to its board and management team as it looks to move past governance and audit problems, with co-founder Pardip Dass stepping down as CFO after more than ten years in the role.
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NewsMedia Bites 14 March: Inflation/Food shortages, Morrisons, Ocado
A leading food industry boss has warned that prices will spike by as much as 15% as a result of the war in Ukraine
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NewsCity News: Greggs reports record sales but looming price rises spook investors
The tills started ringing once again last year at food-to-go stalwart Greggs, but investors wary of soaring inflation
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NewsRussia-Ukraine conflict could drive food prices up 20%, warns UN food agency
Further rises are predicted, despite Ukraine’s pledges to grow wheat
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Comment & OpinionSunflowers are a symbol of this catastrophic war: visually, metaphorically, economically
Almost 80% of the world’s sunflower oil comes from Ukraine and Russia. So the price, which more than doubled last year from a 2020 low of $685/tonne, hit a new record high of $1,665/tonne
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Grocer 33Asda Eastlands, Manchester: Grocer 33 store of the week
‘I’ve worked for Asda for 14 years, and worked for Morrisons for 20 years before that’
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NewsGlobal fmcg players cut ties with Russia in war protest
Unilever, Carlsberg, Heineken, Coca-Cola, PepsiCo and Lindt were among those to have minimised and suspended business in the country