UK Food Firms Plan to Raise Their Prices as Iran War Takes Toll


More than four-fifths of producers surveyed by the Food and Drink Federation said they will pass on higher costs to customers after paying more for energy, transport, packaging, fertilizer and ingredients. Around a third plan to restructure or cut jobs, and more than a quarter plan to cancel or pause planned investment, the trade body said Thursday.



Source link

  • Related Posts

    Treasuries Resume Decline as US Strikes on Iran Drive Oil Higher

    “That’s dented equities appetite a little, and is flowing through to higher oil and bond yields too,” he said. “We’re still generally bearish on longer-end Treasuries: fiscal pressures in many…

    France moves to repeal Code Noir, the slavery law it never abolished

    PARIS (AP) — For nearly two centuries after France abolished slavery, the colonial-era law that classified humans as property remained quietly in place. On Thursday, lawmakers will finally move to…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    9 Makeup Products Zendaya Actually Uses

    9 Makeup Products Zendaya Actually Uses

    EU to broaden import quotas and tariffs against China

    ‘My hospital room is unbearable’: how the heatwave is affecting Britons | UK weather

    ‘My hospital room is unbearable’: how the heatwave is affecting Britons | UK weather

    ‘Centuries will keep happening’: Vaibhav Sooryavanshi’s message after missing fastest IPL hundred

    ‘Centuries will keep happening’: Vaibhav Sooryavanshi’s message after missing fastest IPL hundred

    007 First Light is now out in full, and I hope the masses are ready to face the most difficult decision of their lives

    007 First Light is now out in full, and I hope the masses are ready to face the most difficult decision of their lives

    Today’s NYT Connections: Sports Edition Hints, Answers for May 28 #612

    Today’s NYT Connections: Sports Edition Hints, Answers for May 28 #612