All Inflation articles – Page 63
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News
Moody’s upgrades Premier Foods on ‘resilient performance’
Ratings agency Moody’s said the company maintained strong key credit ratios and has built sufficient headroom to withstand continued industry headwinds
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News
Swedish surplus online grocer Motatos launches in UK
Motatos sells ambient food and fmcg that might otherwise go to waste because of changes to packaging specification or a short remaining shelf life
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News
Concerns grow about rice supply as exporters weigh up curbs
Reports of panic-buying by traders in India followed talk of Thailand and Vietnam pairing up to raise prices
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News
Outgoing M&S CEO Steve Rowe bags final £1.6m bonus
His total pay packet was £2.6m, up from £1.1m in 2020/2021
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News
Rapeseed oil prices surge by up to 100% amid ongoing Ukraine conflict
Ambient giant Princes confirmed it had faced ’significant inflationary pressures’ after products from two of its cooking oil brands doubled in price
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News
City snapshot: Retail sales slide amid soaring prices and drop in major purchases
UK retail sales fell back 1.1% in May as the cost-of-living crunch blunted consumer demand and consumers shunned higher value items
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News
Media Bites 7 June: Sainsbury’s, alcohol-free beer, petrol prices
Sainsbury’s revealed its chief executive received pay worth £3.8m in the latest financial year even as it rejected calls from big investors for it to ensure all workers in its stores receive a living wage.
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Comment & Opinion
Jubilee weekend was a boost for high streets. But can it last as budgets are squeezed?
BRC data showed total UK footfall for the jubilee weekend rose by 6.9% compared to the average for May 2022
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News
Global supply turmoil could see British potato farmers switch to cereals or oilseeds
Insiders say domestic market in good shape ahead of possible crop rotations this year
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Analysis & Features
Aldi and Lidl: the story behind the rise of a retail empire
Aldi and Lidl made serious inroads into the UK market during the financial crash in 2008. Now, as inflation bites, they’re on the march again
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News
Ornua hails ‘record’ year as turnover hits $2.5bn in 2021
Despite ‘persistant challenges’, the dairy company has seen turnover rise to €2.5bn, an increase of 6.9% year on year
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News
Tesco uses supplier price negotiations to hike requests for ‘back margin’ payments
It marks the return of the so-called ‘back margin’ practice that had been largely stamped out by former Tesco boss Dave Lewis
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News
Jones Food Company launches innovation centre to end reliance on fruit & veg imports
The facility, opening 6 June, will act as the testbed for produce to be grown at JFC’s newest vertical farm
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News
Media Bites 6 June: MFG, Grubhub/Just Eat Takeaway, Unilever
One of the world’s biggest oil producers is contemplating a multibillion pound takeover bid for Motor Fuel Group
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Grocer 33
Asda’s rivals can’t get close on price… even with promotions
At £58.07, Asda was £3.64 cheaper than runner-up Tesco
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Comment & Opinion
Brands, government and consumers can’t rely on unhealthy food
Most people are looking to retailers to help them make healthier choices, not push HFSS foods at the end of every aisle
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Comment & Opinion
Jubilee weekend could be a boost to Brits even as budgets are squeezed
British food and drink brands have been making the most of the celebrations to mark Queen Elizabeth II’s 70 years on the throne
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News
City News: B&M shares plummet on sales and profits downturn
B&M was a clear winner from the pandemic as its stores stayed open through lockdowns, but the City sent its shares down by double digits on Tuesday amid concerns over changing leadership and a downturn in sale and profits
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News
FWD calls on government to provide support for wholesalers servicing public sector
The FWD pressed the government to commit to ongoing inflationary increases for public sector catering suppliers
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Interviews
‘Our biggest risk to health is inertia’: how Kieron Boyle is driving social change in food
Boyle chairs a multitrillion-dollar investor coalition. He’s driving the food industry to take action on obesity levels and health inequalities