FDF warns of higher input costs and impacted growth
The short-term outlook for the UK food manufacturing sector is “not encouraging” as manufacturers are expected to absorb a significant part of input cost increases, according to the FDF.
Food sales for June see growth despite “challenging outlook” for retail
Over the three months to June 2022, food sales increased 2.2% on a total basis and 1.6% on a like-for-like basis, according to the latest figures by the British Retail Consortium (BRC).
Heinz products return to Tesco shelves as pricing dispute is resolved
In a joint statement released by retailer Tesco and manufacturer Heinz, the companies have confirmed that they have reached an agreement that will see the full range of Heinz products return to Tesco shelves and online.
Global food prices decline but remain high year-on-year
Whilst global food prices have fallen for the third month in a row, across many food categories, costs remain far higher than rates recorded in previous years.
PTF recruits new director general
The Provision Trade Federation (PTF) has announced the appointment of Rod Addy as its new Director General. Replacing Andrew Kuyk. Addy will commence his role from 22nd August.
New customs declaration system phasing in
HMRC announced that new importers need to register with the Customs Declaration Service to make their import declarations.