Viewpoint: Can UK food prosper in 2025?
14 November 2024See the budget analysis and predictions for the economy, consumer sentiment and government policy for the UK food system in 2025.
Businesses in the food industry will be hoping that 2025 provides greater certainty than the last few years. The budget delivered a raft of measures impacting businesses across the food system, with many facing higher costs. Additionally, heightened geopolitical tensions will continue to impact the food system, while a second Trump term increases the likelihood of sweeping protectionist measures.
Download IGD’s latest Viewpoint report to understand how UK food can prosper in 2025, including:
our initial view on the impact of the measures announced in the budget on food price inflation
how UK economic growth will only rise slowly in 2025
that living standards are forecast to increase a little in 2024-26 before slowing sharply between 2026-28
how the government will move into delivery mode across several fronts
Our experts track and monitor multiple sources of information, which, combined with our knowledge of the industry and consumer insights, shapes our Viewpoint.