Six charts that show why high food prices aren’t going away August 2, 2022 Russia’s invasion of Ukraine prompted a sharp jump in the price of some food commodities and the impact looks set to be long-lasting. Price moves for some agricultural commodities have been dramatic since Russia invaded Ukraine at the end of February. The chart below shows how prices have jumped, with wheat gaining most. We believe [...]
Junk food ads restrictions on TfL network to save NHS £200m August 2, 2022 The restrictions on junk food ads on the Transport for London (TfL) network are set to save the NHS over £200m. According to a study published today by the University of Sheffield and the London School of Hygiene & Tropical Medicine, the ban has prevented almost 100,000 obesity cases. In place since February 2019, the [...]
Food prices up 5.1 per cent in last month as pressure mounts on shopper August 31, 2022 Supermarkets across the UK hiked prices by 5.1 per cent in the 12 months to August, according to new data from the British Retail Consortium (BRC).
Sainsbury’s to save 17m food items from waste by removing best before dates August 30, 2022 Sainsbury’s plans to save 17 million food items a year from waste by removing ‘best before’ dates. The supermarket giant will take off the date from 276 of its own brand items and more than 100 fresh produce products, such as onions, tomatoes and fruits. More than 130 items will follow, including potatoes, with [...]
Greencore revels in rising revenues powered by food-to-go services and acquisitions May 24, 2022 Convenience food manufacturer Greencore Group has enjoyed a 33.6 per cent boost in revenues, according to its latest half-year update.
A global food crisis could spell a bigger catastrophe than Vladimir Putin’s war August 26, 2022 You always knew you had reached an intellectual dead end when foreign policy grandees sat around a table and recommended sanctions as an all-purpose answer to any problem. While such an initiative almost never practically worked in terms of changing the policy of the offending country, it made political sense in a Washington sort of [...]
More than £18bn was added to non-food retail sales by inflation as 80 per cent of retailers prepare to raise prices February 8, 2023 Inflation is set to add £18.2 billion to UK non-food retail sales this year, a report suggests. Sales values are expected to hit £249 billion in 2023, but the 2.6 per cent increase – or an additional £18.2 billion of spending on last year – will be driven entirely by rising consumer prices, according to [...]
Consumers turn to instant noodles in cost of living crunch, says Premier Foods boss July 20, 2022 Shoppers are increasingly turning to budget meals amid the cost of living crisis in the UK, the boss of consumer goods giant Premier Foods said today. The popularity of its instant ramen brands Nissin and Batchelors, which own Cup Noodle and Super Noodles respectively, in the second quarter of this year have jumped, as household [...]
Food banks struggle to keep up with 99 per cent of all free food points seeing surge in demand as cost of living crisis rages April 5, 2022 Thousands more households are turning to the UK’s food banks for the first time as the cost-of-living crisis deepens, according to new research shared this morning. A new survey by community giving platform Neighbourly and Aldi – which work together to distribute surplus food from the supermarket’s stores – almost all food banks (99 per [...]
Whiskas and Pedigree owner halts supplies of pet foods to Tesco in latest price dispute July 5, 2022 Tesco shoppers looking for pet food brands Whiskas and Pedigree have been left disappointed after supplies were paused in another price row involving the UK’s largest grocer. The supermarket explained empty shelves by arguing it had refused to “pass on unjustifiable price increases” to its shoppers, The Guardian reported. In images posted by Steve Dresser, [...]