Price

Food inflation is on the up, according to the CGA Prestige Foodservice Price Index

Food inflation continues to rise

By Michelle Perrett

Food inflation in the UK is continuing to spiral, according to several recent reports, with commentators raising concerns about the uncertainty over Brexit, the value of sterling and the continued rise in food prices.

Milk First posted a rise in profits in its interim report. Image copyright Flickr user Endre Majoros

Milk processor posts profit growth

By Gwen Ridler

First Milk has posted an £8M rise in profit since last year in its interim financial report for the six months to September 30 2016, following a “radical transformation” of the company.

Rick Pendrous: the Unilever/Tesco Marmite row is a sign for things to come

Marmite and Toblerone point to trouble ahead

By Rick Pendrous

The recent spat between Unilever and Britain’s biggest retailer Tesco over the Marmite brand owner’s attempt to raise its price, was a clear sign of things to come in life after the Brexit vote.

Joanne Denney-Finch said shoppers would be in control of prices

IGD's Big Debate Conference

Retailing competition could reduce Brexit cost impacts

By Matt Atherton

The food sector is so competitive that price wars between retailers may reduce the financial impact of Brexit on shoppers, said grocery think-tank IGD chief executive Joanne Denney-Finch.

Food manufacturers could help fix a 'dysfunctional supply chain', said the farming boss

Food firms should ‘help to fix supply chain’

By John Wood

A dysfunctional supply chain is threatening the future of many farms in Scotland, and food manufacturers can help fix it, according to Allan Bowie, president of National Farmers Union Scotland.

Sainsbury has axed multi-buy promotions

Sainsbury says bye bye to multi-buy promos

By Laurence Gibbons

Sainsbury will phase out multi-buy promotions by August 2016, after a survey found shoppers felt they were out of step with attitudes towards waste, health and value.

Plant bread sales are expected to decline further

Is the decline of packaged bread terminal?

By John Wood

A report questioning whether packaged bread manufacturers in the UK could be facing a terminal decline in sales of their products, has been published by Euromonitor International.

Shoppers are being misled by supermarket promotions, says CMA report

Supermarket pricing tactics ‘misleading’, says CMA

By Nicholas Robinson

The competition watchdog has ruled that some supermarkets have misled consumers in pricing, just a day after the German discounter Aldi pledged not to force manufacturers to fund its promotions.

'Dodgy' supermarket pricing tactics could cost shoppers millions: Which?

Supermarket pricing ‘misleads’ shoppers: Which?

By Michael Stones

Supermarkets’ ‘misleading pricing policies’ have been referred to the Competition and Markets Authority (CMA) in the form of ‘a super complaint’ by the consumer pressure group Which?

Sainsbury said Q4 volume sales increased for the first time in more than a year

Sainsbury Q4 analysis

Sainsbury cuts discounters’ price lead

By Rod Addy

Sainsbury cut the price gap between it and discount retailers such as Aldi and Lidl in its fourth financial quarter (Q4), reflecting the discounters’ flagging momentum, a leading analyst has claimed.

Kingsmill profits will be down - ABF

Kingsmill profits will be down – ABF

By Nicholas Robinson

Intense competition in the UK bakery market will hit Kingsmill’s profits this year, according to the brand’s owner Associated British Foods (ABF).

Cost variations hit the UK pig sector

Tulip boss calls for pig price monitoring tool

By Nicholas Robinson

The UK will never be self-sufficient in pork production and needs a price monitoring tool to make it more competitive in a global market, a senior industry executive has claimed.

Consumers want lower prices not special offers, according to IGD research

IGD convention 2014

Boost declining sales with lower prices, retailers told

By Nicholas Robinson

Supermarkets must work on lowering prices instead of relying on promotions, if they are to boost their declining sales, delegates at IGD’s annual Convention were told yesterday (October 7).

Almost 90% of consumers pledged to pay more for Fairtrade bananas

UK consumers would pay more for Fairtrade bananas

By Laurence Gibbons

Almost 90% of UK consumers have pledged to pay more for Fairtrade bananas, if the extra cost benefited farmers and workers’ lives, according to a new survey by the Fairtrade Foundation.

Consumer minister Jo Swinson praised supermarkets for making prices clearer, less than a month after Which? complained about 'dodgy discounts'

Supermarkets praised for clearer pricing by government

By Michael Stones

Britain’s top 10 supermarkets have been praised by a government minister for making pricing clearer and simpler for consumers, less than a month after consumer watchdog Which? accused them of “dodgy discounts and misleading multi-buys”.

Slip up in the shops: 'Occasional errors do slip through,' admitted a spokesman, commenting on the autheniticity of price promotions

Supermarkets are guilty of ‘dodgy discounts’: Which?

By Michael Stones

Supermarkets should drop their “dodgy discounts and misleading multi-buys” and be more open with consumers who are increasingly worried about rising food prices, according to consumer watchdog Which?

83% of participants claimed retailers were pressurising them on prices

Processors face down cost and price pressure

By Rod Addy

Raw material costs and pressure to keep prices in stores low was causing concern for the vast majority of food and drink firms responding to Food Manufacture’s exclusive industry survey.

Increase in PRN costs required: British Glass

Inflated PRN costs leave glass users hungry for reassurance

By Paul Gander

The current inflated cost of packaging recovery notes (PRNs) in the glass sector is a temporary problem caused by a toxic cocktail of issues specific to last year, industry and compliance organisations have stated.

Are BOGOF food offers here to stay?

Death knell rings for the BOGOF and retailer rule

By Rick Pendrous

BOGOFs - buy one, get one free - offers could become a thing of the past as the power in the food supply chain moves away from retailers to producers and consumers who now seek better value in what they buy rather than unnecessarily generating waste in...

Shopping with confidence. Prices and promotions should be fair and meaningful, said the OFT

OFT price promotions plan ‘doesn’t go far enough’

By Mike Stones

Consumer watchdog Which? says the Office of Fair Trading’s (OFT’s) clarification to retailers on how to correctly advertise and promote discounted prices for food and drink doesn’t go far enough.

First protest now praise. Farmers are pleased with Arla's dairy price plan

Farmers praise Arla's milk pricing plan

By John Wood

Arla Foods has won praise from farmers’ leaders after announcing a new pricing and sourcing strategy for milk, which starts with a significant increase in the price it will pay for milk.

Keep Britton, and the rest of Britain's dairy farmers, milking, plead Steven Britton's children

Signs of milk price anger at the Yorkshire Show

By Mike Stones

Anger, bitterness and frustration about two big cuts in producers' milk prices found expression in the form of protest signs at this week's Great Yorkshire Show, head of a big rally in London tomorrow (July 11). Here's a flavour of the...

The value of pork compared with other proteins has boosted sales at Cranswick

Pork value increase boosts Cranswick growth

By Dan Colombini

The increasing value of pork in the UK has boosted sales at pork specialist Cranswick after the firm posted a strong performance in all categories in its latest financial statement, according to city analysts.

Joanne Denney-Finch: Reformulating products to keep a price point is consumers'

Food quality is king, says IGD shopper survey

By Rick Pendrous

Shoppers have overwhelmingly rejected the re-engineering of foods to keep prices down as the cost of ingredients rises, according to the results of a survey conducted by the grocery think tank IGD.

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