Article list

19 May 2022
Your overview of economic and policy news with a focus on the food and consumer goods industry, featuring the latest developments and guidance on the Ukraine crisis, the rising cost of living, labour shortages, COVID-19 and adapting to a new relationship with the EU. Delay to HFSS restrictions Planned restrictions on products high in fat, salt or sugar (HFSS) have been delayed by the ...
19 May 2022
For the first time, vacancies across the UK outstripped the number of people seeking work, as the UK labour market continues to tighten. The latest data from the ONS , through to March 2022, shows the unemployment rate continuing to trend down, decreasing by 0.1% over the quarter to 3.7% to historic lows. The unemployment rate is now at the lowest level since the mid-1970’s. Converse...
19 May 2022
ONS has released its latest inflation data up to April 2022. Overall, this is the highest year-on-year inflation level for 40 years, recording 9.0% on the CPI index and 7.8% on the CPIH index. The older RPI measure inflation reached 11.1% up from 9.0% to February 2022. The speed at which households are experiencing inflation is stark, up 2.1% on the March value. This is only the fourth...
19 May 2022
The ONS has revealed that real pay levels over March continued to fall due to the impact of rising inflation. The average weekly wage is rising, total pay (incl. bonuses) is up 7% and regular pay is up 4.2% over the year to March 2022. However, adjusting for the impact of RPI inflation, the broadest measure of household inflation, the increased value of work is lost. Overall, worker...
17 May 2022
Have you been looking for ways to boost your energy levels so that you can be more effective and resilient? Watch our free video to learn tools and techniques that will empower you to manage your energy better. We are surrounded by external messages, whether it’s the constant up-to-date news, social media channels or the people around us and we only have a finite amount of energy to absorb...
16 May 2022
The war in Ukraine is having wide economic and commercial implications for food supply chains. The current events are resulting in a reduction in the amount of grains and oil available for export from the region. Some supermarkets are limiting how much cooking oil customers are able to buy as supplies have been affected by the conflict. Click chart to enlarge In the latest shopp...
12 May 2022
Your overview of economic and policy news with a focus on the food and consumer goods industry, featuring the latest developments and guidance on the Ukraine crisis, the rising cost of living, labour shortages, COVID-19 and adapting to a new relationship with the EU. Food labelling The Food Standards Agency is looking to ensure a pragmatic approach is adopted by enforcement authorit...
12 May 2022
The ONS has released its latest monthly GDP estimate , raising concerns of a recession over 2022. UK economic output fell by -0.1% over March, down from 0.1% in February. The UK economy is now 1.2% larger than its pre-pandemic level. The leading contributor to growth in March was the construction sector, up 1.7%, boosted by rises in repair and maintenance activities and new work. ...
11 May 2022
The Queen’s Speech given in Parliament on 10th May sets out the Government’s legislative agenda for the parliamentary year. It lists several new government bills to support economic growth to deal with the cost-of-living crisis, tackle crime and fund the NHS. A detailed briefing note is available. Several of the planned bills have potential to impact UK food and grocery businesses, inc...
11 May 2022
This Learning at Work Week, IGD CEO Susan Barratt shares why having the right mindset and carving out time for learning and personal development is essential for us all. We never stop learning. It doesn’t matter where you are in your career, from new starter to CEO, we should all be continuing to develop with time dedicated to learning. Having the right mindset is incredibly important. I...