All The Budget articles
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News
More than 90,000 retail jobs lost last year amid ‘rising tide’ of employment costs
ONS figures show 360,000 roles have been lost from the retail sector over the past decade, warned the BRC
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News
Booths rues ‘significantly increased costs’ for latest store closure
The closure would leave the family-owned grocer with 25 stores, in Yorkshire, Cheshire, Cumbria and its Lancashire heartland.
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News
Inheritance Tax reform FOI requests turned down by government
Farming groups submitted freedom of information requests to the government asking for clarification on the modelling it used to dismiss alternatives to the ‘family farm tax’ that were rejected
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News
Food inflation hits 11-month high as retailers hit by ‘mountain’ of rising employment costs
Food inflation hit 2.6% in April as everyday essentials such as bread, meat and fish all increased in price, according to the BRC
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Comment & Opinion
Budget pressures are here. Food needs a long-term strategy
Short-term fixes like workforce reductions are already underway, says James Walton, chief economist at IGD
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News
UK fmcg businesses offshoring jobs to cheaper European countries amid tax rises
Small to medium-sized fmcg businesses are increasingly hiring for certain roles in international markets
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News
Iceland Foods CEO warns of price rises as food inflation surges
Tarsem Dhaliwal said that he expected food inflation to reach 4% across the sector, as suppliers and retailers mitigate cost increases from April
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Comment & Opinion
Spring statement 2025: no crumbs of comfort for food businesses
Today’s statement was never going to be a game-changer – but as inflation begins to fall, can the food industry and retail find a silver lining?
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News
Food inflation steady at 3.3% as industry braces for spring budget
There was good news for fish shoppers with prices down 0.7%
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News
Media Bites 24 March: Ocado, pub prices and Jamaican rum
Ocado has watered down its DE&I targets, the Telegraph reports
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News
Grocery propping up high streets as supermarkets expand convenience footprint
Convenience stores were the fastest-growing type of outlet in 2024 based on net openings, fuelled by a ‘space race by large chains’, according to a report from PwC
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News
SFI closure ‘crushes all trust’ in Defra, farmers warn
The post-CAP subsidy scheme was closed at short-notice by the government last week
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News
Logistics’ staffing costs soar ahead of retail and manufacturing sectors
New government figures reveal that 35.7% of transport & storage sector firms’ staffing costs rose in the past three months
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News
Consumers to pay more for apples as government measures kick in
New data commissioned from Andersons Farm Consulting has estimated policy changes will add 7p to the cost of producing a kilogram of apples
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News
Food & drink deal activity bounces back to five-year high in 2024
Dealmakers are confident momentum in the food & drink M&A market is set to ramp up in 2025 after activity in the industry recovered to a five-year high in 2024
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Analysis & Features
NFU Conference: what could Steve Reed offer angry farmers?
Faced with furious questions and protests, Reed tried in vain to reassure a farming sector left reeling by the much-hated ‘family farm tax’
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News
Defra aims to reset farming sector relations with raft of NFU conference announcements
The NFU’s annual conference will see the union look to reset the farming sector’s relationship with government following the Chancellor’s controversial budget
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News
‘Fury’ from farmer groups as Treasury ‘shuts door’ on alternative tax solutions
Farming groups were invited for a meeting with the Treasury earlier today to raise concerns around the upcoming IHT changes
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News
City snapshot: UK employers weigh up wave of redundancies to cope with tax rises
Businesses across the UK are scaling back on hiring new staff and stepping up redundancy programmes in reaction to the fresh wave of employment taxes following the Labour budget, according to a new survey released this morning
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News
Further doubt cast on Treasury IHT calculations as protestors force Starmer to ditch trip
Some 1,400 tractors descended on Westminster this week for the latest protest against government changes to Inheritance Tax for farm businesses