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Sainsbury’s invests additional £6 million in its dairy farmers
Following previous investments, Sainsbury’s has now invested a further £6 million in its dairy farmers with aim of generating “long term support”.
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Economic Outlook
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Industry responds to fifth delay for post-Brexit food import checks
With the UK Government announcing that post-Brexit fresh food import checks are being pushed back for the fifth time, various members of the food industry share their opinion on what this might mean for the sector.
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“The food industry shows university isn’t the only route to success”
Dermot Hawkins, Finnebrogue Operations' Director, explains his view on why businesses in the food sector should be investing in people that demonstrate hard work, personal development and social mobility regardless of their educational background.
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Food inflation reaches lowest level in last 12 months
New data from the BRC has revealed that food inflation decelerated to 11.5 percent in August 2023 and is at it lowest since September 2022.
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Price of rice reaches 15 year high in Asia, reports claim
According to reports, rice prices have reached a 15 year high in Asia in the midst of weather and exportation concerns.
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Wendy’s to develop 200 restaurants in Australia
A new master franchise agreement for Australia has been announced by The Wendy’s Company and Flynn Restaurant Group, with the aim to open 200 restaurants in Australia by 2034.
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Grocery price inflation sharply falls to 12.7 percent
Latest Kantar data has revealed that grocery price inflation has fallen by 2.2 percentage points to 12.7 percent in the four weeks to 6 August 2023.
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High fertiliser profits “likely fuelling food price inflation”, finds ECIU
Analysis from ECIU has found that a 500 percent jump in fertiliser company profits is a “likely” cause of food price inflation.
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Tesco implements yellow mark-down signage in 300 stores
Tesco is extending its bold yellow signage flagging marked-down products to hundreds of stores in the UK after proving popular with consumers.
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Is food inflation really coming to an end?
Professor Chris Elliott asks whether this truly is the beginning of the end of food inflation, or whether it's only just getting started...
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Kellogg Company and Kroger join forces to fight food insecurity
The Kellogg Company has donated $35,000 to support Freestore Foodbank and has partnered with Kroger to tackle food insecurity in the US.
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Foreign Secretary pledges to support Nigeria’s agricultural sector
James Cleverly, the UK’s Foreign Secretary, has pledged to support Nigeria's agricultural sector in making it more resilient to climate change.
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Tesco to sell food bank donation bags in 300 stores
Supermarket giant Tesco has announced that small donation pre-filled bags with items “most needed by food banks” will be available to buy and donate in 300 stores this summer.
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Fifth of households struggle with healthy food costs, MPs warn
A fifth of UK households are “struggling to get access to good quality food at reasonable prices”, meaning they opt for unhealthy alternatives, according to MPs.
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Are rice shortages on the horizon?
Will we be facing shortages of rice in the near future? Professor Chris Elliott examines the impact of the Indian rice export ban and reveals some shocking findings...
