Hop growers, breweries and Tesco team up for ‘fruitier’ IPA-style beers to counter US imports September 16, 2021 A Worcestershire hop grower has teamed up with a Derbyshire brewery and retailer Tesco on the first of a series of “all-British grown” IPA-style beers aimed at halting the charge of imported ingredients from America. Newland-based hop factor and merchant Charles Faram has been on a 10-year mission to modernise the flavour of British hops [...]
JD Sports first-half profit jumps after post-lockdown demand September 14, 2021 Sportswear retailer JD Sports Fashion has reported record earnings for the first half thanks to strong demand for sportswear. However, the company withheld its interim dividend and made the suggestion of a “larger full year dividend” instead. JD Sports said it had been limited by supply chain disruption, meaning it had struggled to meet demand [...]
Tesco launches zero-waste trials in stores September 13, 2021 Tesco has launched zero-waste shopping trials at ten stores where customers can buy goods in reusable packaging so they can be returned and used again, in partnership with Loop, a waste management company. Customers shopping in the ten Tesco stores, all in the east of England where the initiative is being tested, will be able to [...]
Food sector boss warns of permanent shortages in restaurants and shops September 10, 2021 Shoppers in the UK should expect permanent shortages of products now, according to a food and drink industry leader. The food and drink sector was short of around half a million workers, CEO of the Food & Drink Federation, Ian Wright, told the Institute for Government’s panel on supply chain disruption. The nation would not [...]
Morrisons revenue tops £9bn, painting picture of health for bidders September 9, 2021 Morrisons has topped a revenue of £9bn in the past six months, as the bidding battle over the supermarket giant escalates. The retailer enjoyed a revenue lift of 3.7 per cent, including its fuel earnings, in its interim results for the six months to 1 August, painting a picture of health for potential buyers. The [...]
Labour shortages make light work of fears of a post-Brexit unemployment surge – CityAM : CityAM September 1, 2021 In the two decades before the Brexit referendum, there was a large increase in the number of people moving from the EU to the UK. In the mid-1990s there were less than one million EU citizens living in the UK. By the mid-2010s, this had risen to 3.6 million. The bulk of the increase came [...]
Fix lorry driver shortage by hiring furloughed workers, Kwarteng says August 28, 2021 The business secretary has written to firms telling them to hire UK-based workers facing an “uncertain future” to solve the current lorry driver shortage. In a letter to business leaders, Kwasi Kwarteng rejected calls to loosen immigration rules to fix the problem, which is causing shortages of certain food products. Instead of turning to overseas [...]
Higher food prices loom due to gigantic pay rises for drivers as shortfall swells to 100,000 August 27, 2021 Shoppers could face long-term higher prices for food as result of systemic changes to the supply chain, supermarkets chiefs and hauliers warned today. Bosses at the Road Haulage Association said the “substantial” pay rises offered by firms in need of new drivers could force supermarket bosses to pass the costs on to customers. Hauliers have [...]
Brexit disruption: Tesco chairman warns supermarket shelves could be empty at Christmas August 27, 2021 Supermarket shelves could be empty at Christmas due to food retailers grappling with severe Brexit-related supply chain issues, the chief of one of the UK’s largest supermarkets warned yesterday. John Allen, chairman of Tesco, told the BBC’s World at One programme that supermarkets are struggling to source stock ahead of the busy festive period as [...]
Seven million unemployed Brits not looking for work because they do not want a job August 27, 2021 Around seven million people in the UK who are unemployed are not looking for work because they do not want a job, according to official figures. Data from the Office for National Statistics shows of the 13m Brits who are not looking for work, over half said they were doing so because they did not [...]