Consumer Price Index

The pubs and brewing industry has urged the chancellor to help support the industry’s 900,000 jobs and £23bn contribution to the UK economy

Budget 2017

Budget: chancellor urged to protect ‘food industry bedrock’

By Mike Stones

Chancellor Philip Hammond’s budget should protect the “bedrock” of the UK food industry, says the National Farmers Union (NFU), while business leaders urged him to help the nation “grow its way out of austerity”.

The Bakers, Food and Allied Workers Union are considering strike action at Tulip’s Coalville factory

Tulip workers consider strike action after pay row

By Gwen Ridler

Staff at Tulip’s Coalville site are considering strike action, after senior management refused a pay rise, claimed the Bakers, Food and Allied Workers Union’s (BFAWU’s) regional officer. 

Unite has welcomed a new pay deal from Cadbury UK

Cadbury pay deal welcomed by Unite

By Gwen Ridler

Cadbury UK’s new pay deal, designed to counter the rising cost of inflation, has been welcomed by Unite, the union. 

Average manufacturing pay settlements has risen above 2% for the first time since November 2015

Manufacturing pay rises to 18-month high

By Matt Atherton

Three-month average pay settlements in the manufacturing sector have risen above 2% for the first time since November 2015, according to a survey by EEF, the manufacturers’ organisation, following a surge in inflation.

Inflation are forecast to overtake pay rises in the manufacturing sector

Manufacturing pay rises scrape ahead of inflation

By Gwen Ridler

Pay increases in the manufacturing sector – including food and drink firms – are slightly ahead of consumer price inflation, revealed EEF, the manufacturer’s organisation.

Food prices will rise as rising input costs eat into supplier profit margins

Food inflation set to return in 2017

By Rick Pendrous

Rising food prices can be expected in 2017 – reversing the deflationary trend of recent years – as news emerged from the Office for National Statistics (ONS) that inflation overall in the UK in November had climbed to its highest level in two years.

Food and drink manufacturers have given a mixed reception to the Chancellor's budget

Budget 2016

Food and drink firms give mixed response to budget

By Michelle Perrett

Food and drink manufacturers are still coming to terms with the budget proposal to introduce a sugar tax on soft drinks, while welcoming business rates reform but expressing disappointment on the failure to cut alcohol duties.

The only food category to display inflation, at 0.5% in July was fruit

Food deflation 'one of lowest' in July

By Rick Pendrous

Manufacturers faced mixed news last month with the release of government statistics showing food deflation in July at “one of the lowest values ever recorded”.

Low fruit prices have helped keep consumer price inflation down

Inflation kept low as food price rises slow

By Rod Addy

Low fruit and meat prices between November and December 2013 have helped dampen consumer price inflation, according to the Office for National Statistics (ONS).

The worst drought in the US for 50 years has pushed crop prices up

Food prices to rise as harvests suffer

By Anne Bruce

Retailers are unlikely to see sales volumes on food recover in the next year, as prices will be pushed up due to a poor worldwide harvest, economists suggest.

Food inflation eases but input costs are volatile

Food inflation eases but input costs are volatile

By Rick Pendrous

News that food price inflation had slowed in October gave hard-pressed shoppers some respite. Whether this will lead to greater stability in the roller coaster rise of volatile input costs for manufacturers is another matter.