However, products that require a lot of energy to produce are experiencing the highest cost pressures. Tesco accepted a 20% cost price increase in milk from its suppliers less than two weeks ago. However, the UK’s largest dairy Arla recently warned that with cost increases of some 36%, farmers faced tough cost challenges.
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HSBC to accelerate restructure plan to slash costs
admin, , Business, 0
“These were promising results against a backdrop of the continuing impacts of Covid-19 on the global economy. I’m pleased...
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Who is Rishi Sunak?
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“I was just out with my younger brother and younger sister, and I think, probably pretty young, I was...
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M&S slumps to first loss in public firm’s history
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In August M&S announced it was set to cut 7,000 jobs over three months.
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‘I was embarrassed to tell friends about my business’
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Speaking on A Million by 30 with Sean Farrington on BBC Radio 5 Live, he says the first time...
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L’Oreal launches make-up recycling across UK shops
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Image copyright Maybelline Cosmetics giant L’Oreal is introducing make-up recycling bins across 1,000 UK stores in an environmental push....
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Train strikes: How Saturday’s walkout will affect you
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London looks especially hard to travel in and out of because tens of thousands of people will be making...
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‘Disappointed’ travel chiefs seek clarity from PM
admin, , Business, 0
Tim Alderslade, chief executive of Airlines UK, said: “Whilst we support the establishment of a framework for restarting international...
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