All Economy articles – Page 23
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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
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Analysis & FeaturesHow to align sustainable petfood with pricing
With recession looming, UK petfood suppliers might be forgiven for putting green initiatives aside
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NewsChancellor scraps controversial tax system blamed for HGV driver shortage
In his mini budget today, Chancellor Kwasi Kwarteng announced he would repeal the IR35 off-payroll working rules introduced in 2017 and 2021
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NewsCity snapshot: UK retail sales slump as consumers cut back spending
UK retail sales volumes slumped by 1.6% in August 2022, continuing a downward trend since summer 2021 as inflation and economic uncertainty hits consumer spending
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Comment & OpinionTruss and Coffey wouldn’t dare rip up the government’s obesity strategy would they?
Truss and Coffey’s aversion to the ‘nanny state’ means the industry remains uncertain even about upcoming measures
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Comment & OpinionBig Food has fuelled a health crisis. It’s time to take action
Our call is for the responsible media to start leading the charge by amending its narrative on who is at fault in the ‘dia-besity’ issue
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NewsCity snapshot: Aldi overtakes Morrisons as grocery inflation soars to 12.4%
The UK’s big four grocers are no more as Aldi has overtaken Morrisons’ market share as private label sales continue to grow amid soaring inflation. Plus, Ocado returns to growth in Q3, FeverTree first half sales rise but shipping costs hit profits and all the rest of the latest news from the City.
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Analysis & FeaturesWhat does the new PM mean for the UK’s food industry?
Liz Truss has pledged to support farmers with labour and reduce nannying on the health and regulatory fronts. Will her Cabinet deliver?
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Comment & OpinionSix months is not long enough for business gas bill cap from government
And targeted support after that won’t work