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 rising cost of living, disruptions to supply chains, the Ukraine crisis, labour shortages, policy developments and adapting to a new relationship with the EU. Food price inflation predictions The Chief Executive of the British Retail C...

Great communication skills are a foundation of successful relationships and can be used as a powerful influencer to create and begin a successful career. In this live virtual event recording, you will: Discuss how to shift your mindset from presenting problems to offering ideas and options. Create an action plan for a conversation you’ve been avoiding and acting on feedback. He...

Data from ONS shows that UK inflation rose slightly in February 2023, which was surprising as many forecasters – including OBR – anticipated a further slowdown. Data from ONS shows that “all items” annual inflation rose from +10.1% in January to +10.4% by the CPI method or from +13.4% to +13.8% using the more comprehensive RPI method. This surprised some key forecasters – especially...

A range of factors continue to disrupt supply chains including the war in Ukraine, labour shortages, increased costs of production, extreme weather conditions and the cost-of-living crisis. This is covered in more detail in free Viewpoint webinar. Register your place here . Availability concerns at highest level In the latest consumer research conducted for IGD (17-19 March 2023), th...

On 15th March 2023, the Office for Budget Responsibility (OBR) issued a new Economic & Fiscal Outlook (EFO) report, which formed the basis of the Spring Budget, issued the same day. Latest forecasts from OBR suggest that the UK is now exiting a phase of exceptional inflation, which is welcome news, although the recovery will be slow and painful. Inflation outlook easing Inflation out...

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 rising cost of living, disruptions to supply chains, the Ukraine crisis, labour shortages, policy developments and adapting to a new relationship with the EU. Spring Budget 2023 – impact on the food industry The Chancellor of the Exche...

Watch James Walton, Chief Economist, IGD discuss the Sprint Budget 2023 and it impacts on the food and consumer goods industry. For further analysis register your place for the next Viewpoint webinar on 20th April here . More economic news and analysis Explore Sign up to our bulletin Our round-up of the latest economic and political news, focused on FMCG...

Rt Hon Jeremy Hunt, Chancellor of the Exchequer, has announced the Spring Budget for 2023, supported by Economic & Fiscal Outlook (EFO) from the Office For Budget Responsibility (OBR). The UK strategic position has improved, a little The OBR suggests that the economic position of the UK is marginally better than was envisaged in the Autumn Statement of November 2022. Inflation ...

New data from ONS shows that the UK labour market remains fairly robust, in spite of increasing economic pressure, with employment rising and unemployment low. ONS research shows that employment rose slightly in December 2022 (the latest month for which there is data), reaching 32.84m, although this is still short of the 33.07m seen just before the outbreak of COVID-19. Average hours wo...

New data from ONS suggests that nominal pay growth may be slowing. With inflation still very high, this will place still further pressure on the incomes of many workers. Data from ONS shows that average nominal pay in the UK continues to rise strongly, but there is some evidence that the rate of growth is slowing. Average pay, including bonuses, in the UK was £630 per week in January 20...