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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Morrisons calls for action on lorry driver dearth
admin, , Business, 0
He reckons there is a number of reasons for the shortage. “There’s Brexit to consider, with thousands of drivers...
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Passport price to rise for second time in 14 months
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In the aftermath of the Covid pandemic hundreds of thousands of people were affected by passport processing delays, with...
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Covid-19 left me jobless – but what happened next?
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Image copyright Katherine Densham Image caption Katherine Densham has struggled to find work that matches her previous wage Back...
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Morrisons rejects £5.5bn offer from US private equity firm
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According to the Financial Times, which along with Sky News, first revealed details of CD&R’s intentions, the US buy-out...
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London still works for stock market listings, says We Soda boss
admin, , Business, 0
Mr Warren added that since the company had launched its flotation plans, “we’ve had almost 300 investors express interest,...
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HS2: Government refuses to guarantee Manchester branch
admin, , Business, 0
“What we are going to end up with here is in the southern half of the country, a modern,...
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Russia ‘looting’ steel bound for Europe and UK, says Metinvest boss
admin, , Business, 0
“What they’re doing is basically looting. They’re stealing not only our products, but also some of those products already...
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Chelsea agree sale terms with LA Dodgers’ Todd Boehly
admin, , Business, 0
The consortium is led by Boehly but Clearlake Capital, a Californian private equity firm, would own a majority of...
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