Government removes import tariffs on certain food and fertiliser products
Ahead of the Autumn Budget, Government has put in place five “fixes” to everyday costs including food and fuel.
Food imports reach “record highs” as trade gap widens, finds FDF
The Food and Drink Federation has published its latest Trade Snapshot, which showed that the UK’s food export volumes have fallen to the third lowest since 2000.
Tariff suspensions will undermine long-term food security, warns NFU Scotland
According to the National Farmers’ Union Scotland, tariff suspensions on imported food products could have “unintended consequences” for Scottish food producers.
SPS agreement risks weakening Britain’s food security, says FPC
The Fresh Produce Consortium has warned that the fresh produce supply chain could see major costs and disruption as a result of the Government’s UK-EU sanitary and phytosanitary agreement.
How geopolitical volatility is impacting the food and drink industry
As geopolitical tensions continue to impact costs, businesses must take a proactive approach, says Eliot Bassett, managing director at currency risk management service Lumon Corporate.
NFU anticipates price increases across UK food chain
National Farmers’ Union president Tom Bradshaw has warned that conflict in the Middle East will impact food prices, as the UK farming industry is “at the mercy of world markets”.