“The factors pressuring supply chains and inflation include port delays, container shortages, Covid disruptions, shortages on various components, raw materials and ingredients, labour cost pressures and truck and driver shortages,” said Costco’s chief financial officer, Richard Galanti.
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Rishi Sunak extends furlough scheme for another month
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Furlough extension buys time as vaccine is rolled out
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Cost of living: Energy bills forecast to hit £3,363 a year
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The energy price cap, which applies in England, Wales and Scotland, sets a limit on the amount that can...
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Worst to come for food price rises, Tesco boss says
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“As far as Tesco is concerned, we have 2,100 products on our lowest price. We’re either price matching against...
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US jobs growth weakest in more than two years
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“Jobs growth has slowed but remains too strong to justify an extended Fed pause. More significantly, with average hourly...
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Food shortages could be permanent, warns industry body
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“It’s almost certainly the case that one of the main drivers in the lorry driver shortage that we’re facing...
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Gas prices rise on fears of strikes in Australia
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Speaking to the BBC’s Newsday programme earlier this month, Mr McWilliams said: “Australia typically supplies Asia, but if these...
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UK inflation rises at fastest rate for 40 years as food costs jump
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With vacancies at records, unions see a one-off opportunity to increase wages, and will continue to push for double...
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Firms must prevent sexual harassment under new law
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If you have been subjected to sexual harassment you can submit a grievance to your HR department and have...
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