Marks & Spencer (M&S) has made a series of announcements, which include UK store closures, predicted declines in sales and its plans to fully pull out of the Russian market following the invasion of Ukraine.

According to an annual report by pork and poultry processor Cranswick, the company made £2 billion in revenue for the last financial year, despite “unprecedented industry wide labour and supply chain challenges.”

According to the latest Kantar figures, supermarket sales fell by 4.4% during the 12 weeks to 15th May 2022, whilst like-for-like grocery prices have risen by 7% over the past four weeks compared with the same time last year.

The Chartered Institute of Environmental Health (CIEH) has raised concerns about the government’s announcement last week that bans on promotions of so called ‘junk’ foods would be delayed.

The Food and Drink Federation (FDF), in partnership with the National Skills Academy for Food and Drink (NSAFD), are calling on UK manufacturers to back a new Careers Passport to help tackle chronic labour shortages.

Chief executive of the Food and Drink Federation (FDF) Karen Betts said that the latest inflation figures, which place food inflation at 6.7%, were “very sobering”.