All Russia-Ukraine conflict articles – Page 17
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Comment and Opinion
Inflation and supply chain shortages threaten global food security
Government shows little sign of appreciating the strategic importance of food security for the world as a whole, says Andrew Kuyk, director general at Provision Trade Federation
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News
City snapshot: Revenues soar as Hilton Food Group diversifies further
Meat and fish supplier Hilton Food Group has reported a surge in revenues and profits as it extended its reach across protein categories around the world. Plus, trading updates for Imperial Brands and Distil.
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News
Media Bites 6 April: Labour shortages, Petrol, Morrisons/supermarkets
The UK food industry may shrink permanently if ministers fail to address labour shortages from Brexit and coronavirus
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News
Morrisons new owners look to speed up refinancing despite profits warning
Sources said despite the gloomy predictions in the update given yesterday, it had “cleared the way” for CD&R to seek bank support to refinance more than £6bn of short-term borrowing
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News
White fish tariff postponed following seafood sector concerns
The government had originally planned on introducing additional duties of 35% on white fish originating in Russia and Belarus at the end of March
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News
Morrisons warns on impact of inflation and ‘geopolitical environment’
Private equity owned Morrisons has warned its profits will come under pressure from mounting inflation and the situation in Ukraine.
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News
Media Bites 5 April: Morrisons, inflation, Ferrero, M&S
The new owners of Morrisons have given the green light to plans to sell a £500m property portfolio, while the supermarket warns its profits are likely to take a significant hit this year as the cost of living crisis and disruption due to the war in Ukraine weigh on the grocery market.
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Comment and Opinion
Dispatches’ child labour programme extends Mondelez’s series of woes
Dispatches’ report is perhaps the most serious of PR disasters Mondelez has encountered in recent weeks
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News
Kerry Group suspends operations in Russia and Belarus
Irish nutrition company Kerry Group has suspended its operations in Russia and Belarus following Russia’s invasion of Ukraine
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News
Energy price spike and supply chain strain hits food harder than other industries
War in Ukraine had made a bad situation worse, according to an ONS survey
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News
Media Bites 4 April: Boots, Lottery, M&S/Ocado
The American owner of Boots has offered to retain a stake of up to 30% in the pharmacy chain to smooth the path towards a £7bn sale
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News
City News: AG Barr propelled above pre-Covid levels as hospitality reopened
The resurgence of the leisure sector and out-of-home consumption helped propel Irn-Bru maker AG Barr back above pre-Covid levels
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News
Budweiser brings Ukrainian beer brand Chernigivske to UK
The launch was spearheaded by Anna Rudenko, Chernigivske marketing director, who relocated to Belgium last month.
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Comment and Opinion
Agility will be the defining characteristic of businesses that survive this pricing crisis
Adapting portfolios to this cost of living crisis is no easy task, but those agile enough to respond will benefit, says Warren Ackerman, head of European consumer staples research at Barclays
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News
Sunflower oil replacements set to drive up food prices
The lack of supply had “immediately transferred to other vegetable oil”, such as rapeseed, said one senior supplier source
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News
Egg producers say ‘tidal wave’ of cost hikes could leave supermarket shelves empty
Hundreds of producers face bankruptcy as the Ukraine war pushes feed prices through the roof
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News
Media Bites 1 April: Eggs, Lottery, Boots
Hundreds of UK egg farms are at risk of collapse after surging input costs were pushed up still further by Russia’s invasion of Ukraine
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Analysis and Features
Are moves to ‘fast-track’ Ukrainians into supermarket jobs legal?
Several supermarkets have announced measures to help refugees
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News
Sunflower oil supply crisis begins to hit supermarkets
The crisis has “disrupted supplies of sunflower oil to the UK,” affecting a wide range of products, said BRC deputy director of food Andrea Martinez-Inchausti.
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Comment and Opinion
Our food system’s overdependence on too few suppliers and regions will be its downfall
The dangers of overdependency have been in the spotlight recently, making clear why we need to wean ourselves off our just-in-time industrial food system, says Dan Crossley, executive director, Food Ethics Council