All The Budget articles – Page 2
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News
Budget measures to heap £120m in added costs on M&S, says chief
Stuart Machin said ‘we don’t want to pass on these costs to our customers’ through price rises but ‘can’t rule anything out’
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Comment & Opinion
What does the budget mean for fmcg growth prospects in 2025?
Efficiency will be the watchword for 2025 as businesses navigated rising expenses, says Alex Lawrence, senior strategic insight director at Circana
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News
Media Bites 5 November: shoplifting, Sainsbury’s/M&S, Tobacco and Vapes Bill
Shoplifting remains in the spotlight in this morning’s papers, with impending results from M&S and Sainsbury’s also in focus
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News
Media Bites 4 November: Interest rate cuts, budget woes, M&S
Rachel Reeves’ budget and its impact on business and the economy is still making headlines
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Comment & Opinion
Budget is playing a dangerous game with food price inflation
You don’t need to be an economist to realise that this budget will perpetuate food price inflation and it might not even help
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News
Hospitality hit with £1.9bn bill and further ‘collateral damage’ from budget
UKHospitality said the new costs would inevitably result in price increases for consumers
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News
Budget soft drinks sugar tax hike welcomed by campaign groups
The tax is currently applied at two different rates: 18p per litre for drinks with between 5g and 7.9g of sugar and 24p per litre for drinks with 8g or more
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News
Media Bites 1 November: more budget reaction, Amazon, Mars, Harrods, Aldi
Friday’s press continues to be dominated by reaction to the first Labour budget for 14 years, and, perhaps unsurprisingly, many of the leading UK publications are unsympathetic
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News
Fmcg shares crash as investors stress over budget pressure for industry
Investors gave a big thumbs down to chancellor Rachel Reeves and the first Labour budget for 14 years as the FTSE 100 sank and shares across fmcg suffered a mass sell-off
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Comment & Opinion
The budget has set the stage for a tough business environment
Many businesses will be counting the cost of the triple-whammy of higher National Insurance contributions, lower thresholds, and a whopping increase in the national living wage, says Ian Wright, co-chair of the Food & Drink Export Council
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Comment & Opinion
Alcohol duty rise will pile yet more pressure on hospitality
The increase will not only push up the price of a tipple but will also stifle growth, says Nick Gillett, MD of Mangrove Global
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News
‘Shafted’ farmers dismayed by budget tax hikes warn of price increases
Chancellor Rachel Reeves’ first budget has been slammed by the farming sector for its ‘betrayal’ over tax hikes
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News
Wholesale sector to face over £110m in extra costs from new budget
Increased employers’ National Insurance and direct wage costs will have a ‘significant impact’ on the sector
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News
Media Bites 31 October: Budget reaction, Kraft Heinz, Starbucks
Unsurprisingly, the front-pages this morning are all about Rachel Reeves’ first budget
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News
Your reactions to the new government’s £40bn tax-raising budget
Readers of The Grocer share their opinions on how the autumn budget will affect their areas of industry
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News
Convenience stores to bear £666m in extra costs from new budget
The ACS said the impact would be felt “unevenly” across the UK’s 50,000 convenience stores
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Comment & Opinion
Labour’s budget gamble leaves businesses scrambling for cash
Labour is hoping it can both raid corporate pockets and simultaneously stimulate growth
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Comment & Opinion
The budget proves food manufacturing has no government backing
We see no investment agenda from government on a bigger scale, says Andrew Keeble, co-founder at Heck
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News
Alcohol industry rages as duty set to go up in line with inflation
The tax hike was ‘a kick in the teeth to distillers’ said the UK Spirits Alliance
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News
The budget as it happened and what it means for fmcg
Rachel Reeves confirms this budget will raise taxes by £40bn