Currency

Volatile times see food firms hedge bets

Volatile times see food firms hedge bets

By Rick Pendrous

Global political and environmental unrest is forcing growing numbers of food and drink importers and exporters to use currency forward contracts or ‘options’ to hedge against volatile exchange rates, according to a top foreign exchange broker.

Unite reads riot act to Bakkavör Bourne bosses

Unite reads riot act to Bakkavör Bourne bosses

By Ben Bouckley

Unite has written to management at Bakkavör’s Bourne fresh produce site insisting that better site management could reduce the need for planned redundancies and “savage attacks” on workers’ terms and conditions of employment.

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