
Insolvencies within food manufacturing driven by rising ingredients costs
The number of food and drink manufacturing companies entering insolvency has increased by 108% in the last year according to INVERTO.
The number of food and drink manufacturing companies entering insolvency has increased by 108% in the last year according to INVERTO.
Research has found that food and drink acquisition volumes continued to rise in the second quarter after signs of recovery in the first half of 2023.
The Office for National Statistics has released its latest cost of living figures, reporting a 4.3% decrease in the rate of inflation from the peak in March.
Kantar has released its latest grocery market share figures, which indicate that grocery price inflation continues to fall.
The Efra Select Committee has published its Food Security Report considering the challenges facing the UK food supply chain.