“I’ve never known things to be as challenging as they are currently,” said Andrew Selley, chief executive of Bidfoods, one of the UK’s biggest food distributors. “Whether you’re looking at people resources, product availability, everything seems to be coming together at the moment and presents us with a very challenging set of circumstances.”
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China: Evergrande shares rise as Hong Kong trading resumes
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The announcement also addressed concerns about the firm’s financial position: “With regard to the company’s current liquidity situation, the...
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Morrisons: US firm wins auction to take over supermarket chain
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Clayton, Dubilier & Rice is highest bidder in the battle for the UK’s fourth-largest supermarket group.
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Wine drinkers face higher prices and less choice, firm warns
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According to the Wine and Spirit Trade Association (WSTA), if wine is taxed according to its alcoholic strength in...
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Oasis ‘dynamic pricing’ row prompts government probe
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Ministers are set to look into the use of “dynamic pricing”, amid an ongoing row about the “depressing” and...
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Rail disruption set to continue into next week after train cracks found
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He told BBC business correspondent Katy Austin that while body shell cracking would not “cause the trains to crash...
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Post Office victims had lives ‘utterly destroyed’
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Mr Stein added that the latest phase of the inquiry had shown an “appalling lack of professionalism of lawyers,...
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What high inflation means – in 90 seconds
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Annual inflation, the rate at which prices increase, was up at 5.4% in December, the highest value for almost...
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US to ban Russian diamond and vodka imports
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By removing this status from Russia, G7 countries will be able to target its exports with punitive tariffs, or...
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