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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Marmite-owner Unilever makes three bids for GSK consumer goods arm
admin, , Business, 0
Some will say if higher growth and greater cost reductions are possible, why haven’t they happened already? Emma Walmsley...
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Government borrowing fell in April as UK reopened
admin, , Business, 0
“April’s public finances figures showed that the government’s financial position isn’t as bad as the Office for Budget Responsibility...
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US hints at September interest rate cut
admin, , Business, 0
The US central bank is moving closer to lowering borrowing costs for the first time in more than four...
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Marks & Spencer raises pay in battle for supermarket staff
admin, , Business, 0
With the National Living Wage, often referred to as the minimum wage, set to rise to £11.44 an hour...
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What’s going on in the battle for the Telegraph?
admin, , Business, 0
What’s in it for the other bidders? Nothing really. The other bidders have spent time and money preparing proposals...
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Pound hits highest level against dollar for a year
admin, , Business, 0
The pound hit its highest level against the dollar in a year on Wednesday as investors bet on UK...
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Honda warns of parts shortage due to UK port woes
admin, , Business, 0
Port troubles leave UK bookseller with no books
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Temu: Risk fast-fashion website uses forced labour
admin, , Business, 0
The US has increased its scrutiny of Chinese-made products as political tensions rise. The two countries embarked on a...
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