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.
What is clear is that, overall, investment spending of all kinds has been squeezed over the last decade. Under...
Mr McLintock said AB Foods – which, as well as running Primark, also owns food brands such as Twinings,...
HSBC has joined two other major lenders in reducing mortgage rates following hints of a summer base rate cut...
“They propose that our background performers should be able to be scanned, get paid for one day’s pay, and...
The chancellor will not unveil new freeports in the Budget on Wednesday, despite a government announcement on Friday saying...
According to the FAA, this could potentially “affect the operation of certain systems, including engine ice protection, and result...
Image copyright Whitbread Whitbread, which owns Premier Inn and Beefeater, has warned that 6,000 staff could lose their jobs....
Virgin Atlantic, which operates out of London Heathrow, said: “Where a customer is unable to travel for any reason,...
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