Supplier News – Page 7
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Fears UK could run out of beer this summer as brewery workers plan strikes
Walkouts are planned at Budweiser’s main site where Bud, Stella Artois, Boddingtons and Becks are all brewed, The Mirror reports
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AB InBev reveals $1.1bn blow from Russian exit
The world’s biggest brewer will take a $1.1 billion financial hit after finally bowing to pressure to withdraw from the Russian market, The Times reports
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Pubs boost soaring sales at Heineken
CEO Dolf van der Drink warned prices would rise further in the year ahead as cost pressures continued to mount
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Surging costs hard to swallow for makers of the humble BLT
The price of a sandwich, a lunchtime staple eaten by millions across the UK every week, is poised to reach fresh highs as food costs soar, the FT reports
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Food inflation at highest level in decade
Grocery inflation reached 5.2% last month – the biggest increase since April 2012, according to figures by Kantar, putting extra pressure on consumer spending
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Heineken and Carlsberg exit Russia
The global brewing groups said offloading their operations in Russia would lead to a “substantial” impairment charge to their businesses.
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Costa Coffee makes 2040 net zero carbon pledge
As well as reaching net zero within the next 18 years, the coffee chain has also pledged to halve the coffee emissions it produces per coffee by 2030
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Russia’s invasion to have ‘enormous impact’ on world food supplies
Consumers around the world will feel the “enormous impact” of Russia’s war on Ukraine through sharply higher food prices and significant disruption to agricultural supply chains, The Financial Times reports
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London Fields Brewery up for sale
Carlsberg Marston’s Brewing Company is looking to dispose of the craft beer brewery business in Hackney for around £2m
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How veganism killed the vegetarian
Now that the vegan diet is more popular than ever, old-fashioned vegetarian options could be pushed off menu, the Sunday Telegraph reports
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Food inflation reaches 3.5%
Year-on-year inflation in the foodservice sector reached 3.5% in December 2021, with further rises expected to come, according to the latest CGA Prestige Foodservice Price Index.
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Heineken to increase price of beer
Increasing cost pressures have prompted the manufacturer of brands including Birra Moretti and Desperados to put up the price of its beers
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New CO2 supply agreement announced
CF Industries, which produces as much as 60% of the UK’s industrial CO2 needs, was forced to halt operations at two plants in September last year after energy prices soared
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Guinness at Old Brewer’s Yard scheme unveiled
Diageo has announced plans to invest £73m in the microbrewery and culture hub in Covent Garden
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Price of sushi rice rockets
The price of sushi rice is set to rise significantly due to the impact of increased freight costs and well as a shortage in supply.
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C&C trading boosted by return to hospitality
Trading in Q3 was modestly ahead of expectations, with increased profit and cash generation during the period to end of November.
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Liberation among pubs forced to swap expensive ingredients
Hake and sirloin steak are among the ingredients seeing such large inflationary price increases that menu swaps are on the cards
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Cost and supply warnings for wines and spirits
Consumers will have enough to drink for Christmas, but “that’s pretty much where the good news ends”, according to Prestige Purchasing chairman David Read
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Heineken to roll out 0.0 draught
Heineken is to roll out its alcohol-free beer 0.0 on draught in pubs next year, as the uptake of low and no drinks gains traction.
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Coffee shops facing significant cost pressures on beans
Increasing cost pressures on raw materials look set to force up the price of a cup of coffee for consumers