Supplier News – Page 8
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NewsToo late to fix? Firms face October cliff edge for energy bills
Many firms have been unable to secure new fixed-term offers on energy, The Sunday Times reports
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NewsMexico’s president proposes ban on beer brewing as drought intensifies
López Obrador takes aim at industry using dwindling water resources while local people suffer, the Financial Times reports
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NewsLion sells craft beer cos to Faucet founder
Faucet Inn founder Stephen Cox has acquired craft beer brands Fourpure and Magic Rock from Australian brewery group Lion
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NewsKFC warns of further chicken shortages
The fast food chain has been forced to pause its WOW Tuesday offer due to shortages of chicken on the bone, with beans and Pepsi Max cans also in short supply, it has been reported.
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NewsHow the great British sandwich trade was derailed by Brexit, Covid and inflation
An industry that became a symbol of the changes in the economy over four decades now faces a perfect storm of problems, the Financial Times reports
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NewsWe should worry about price of food more than petrol, warns BlackRock founder
The destruction of arable land during the Ukraine war has dangerous global consequences, The FT has reported
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NewsA million UK chickens ‘die needlessly each week to keep prices low’
Fast-growing breeds are dying before they reach ‘slaughter age’, new research reveals, The Guardian reports
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NewsFever-Tree boss bolsters shares
Tim Warrillow, the chief executive of Fever-Tree, has spent more than £1 million on shares after a stinging profit warning, The Sunday Times has reported
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NewsPunch brings Ukrainian beer Chernigivske to UK
Part of the pub company’s support of humanitarian relief efforts in Ukraine, proceeds made on the sale of the beer will be donated to the Sanctuary Foundation (Dr Krish Kandiah)
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NewsCGA acquired by NielsenIQ
The acquisition builds on NielsenIQ’s 2009 investment in CGA and aims to deliver “the most innovative and granular” alcoholic beverage measurement and insights solution
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NewsSale of low/no drinks double
Consumers in the UK bought £362m of low and no alcoholic beers in 2021, up from £191m in 2016, according to research group IWSR
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NewsNo diners will shell out £30 for a scallop
The chef Tom Brown has taken scallops off the menu because of rocketing costs, The Sunday Times reports
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NewsFears 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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NewsAB 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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NewsPubs 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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NewsSurging 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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NewsFood 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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NewsHeineken 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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NewsCosta 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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NewsRussia’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