Government reportedly contingency planning for potential food shortages
According to reports, Government has looked at the potential impact on the food industry if the Strait of Hormuz remains closed.
Expanded energy scheme “missed opportunity” to bolster food production, says NFU
The National Farmers’ Union has stated that Government missed the opportunity to ease financial pressures on food producers following the expansion of the BICS.
Shoppers opt for own-label products amid inflation rises
According to market research firm Circana, sales of own-brand grocery products could “further accelerate” as rising inflation causes brands to increase prices.
Tesco reports £3.15bn profit in 2024/25
In its financial results for the year ended 28th February 2026, UK supermarket Tesco achieved a group adjusted operating profit of £3.15 billion, up 0.6% on the year.
Kerrygold maintains “market-leading” position despite global volatility, says Ornua
Irish dairy co-operative Ornua published its financial results for the 12 months ending 27th December 2025, reporting a group turnover of €3.5 billion.
BRC finds Easter gatherings boosted March food sales
Food sales increased by 6.8% year-on-year in March, above the 12-month average of 4.3% growth, however, the outlook remains “uncertain” according to the British Retail Consortium.
