Spiraling freight costs threaten global food prices

Spiraling freight costs threaten global food prices

May 14, 2020 | News

Evidence of a doubling and in some cases nearly tripling of maritime freight costs over the last month from exporters across the food supply chain has raised a red flag for food prices. The British Meat Processors Association (BMPA), along with other food industry...
Food prices could rise by 10% warns Bank of England

Food prices could rise by 10% warns Bank of England

Dec 4, 2018 | Brexit, News

In a Treasury Committee meeting, taking place on 4th December, it has been reported that Bank of England governor, Mark Carney has warned that food prices could rise between 5% and 10% after Brexit. Carney has told MPs that if the UK sees an extreme case, food prices...