Article list

15 October 2021
Your overview of political and economic news with a focus on the food and consumer goods industry, featuring the latest developments and guidance on COVID-19, labour shortages and adapting to a new relationship with the EU. Northern Ireland Protocol  The EU has published proposals to reduce the amount of paperwork and the number of internal UK border checks as part of the Norther...
14 October 2021
For immediate release ONS data suggests that pay growth on the UK may be slowing slightly. Top-line annual pay growth peaked in June 2021, but slowed slightly in July and August – both public and private sector show this effect.  “Real terms” pay growth has also been eroded by rapidly-strengthening inflation. With all factors accounted for, real wage growth was about 2.5% in the ...
14 October 2021
For immediate release IGD has kicked off a new workstream on environment labelling, to mobilise food and consumer goods businesses to develop a harmonised solution that the whole sector can get behind. . The workstream’s initial focus is on creating a strategic framework for an environment labelling scheme that will provide consistent and transparent information for consumers, enabl...
13 October 2021
GDP for August 2021 is now available from ONS . UK economic output was up 0.4% in August, with major contributions from foodservice, arts, entertainment, recreation and accommodation. These sectors performed strongly as consumers got used to the lifting of restrictions on 19 July to combat COVID-19 and private demand surged. However, the economy remains 0.8% below its pre-pandemic...
12 October 2021
With economic recovery continuing, the labour market in the UK remains very strong, with 1.1 million unfilled job vacancies between July and September 2021 - a record number. The unemployment rate is currently around 4.5%, so there are few potential recruits available. EU Exit has made it much harder for UK businesses to recruit from overseas and so wages are rising fast. Growth in av...
11 October 2021
Availability issues Operational labour and HGV driver shortages are continuing to create challenges for supply chains. Food and consumer good businesses have been hit hard by recruitment and retention challenges in 2020 and 2021. This is resulting in lower order fulfilment levels than normal, meaning there is an impact on availability of some food and groceries. Shortage of HGV driver...
11 October 2021
Labour challenges continue to dominate the operational agenda for UK businesses, including those in the food and consumer goods industry. The latest ONS research shows that 12% of all businesses report having job vacancies that were unusually hard to fill. However, with the smallest businesses (0-9 employees) excluded from the sample, the proportion with difficulties increases to 41...
11 October 2021
ONS data for September 2021 shows that around 29% of UK businesses report that input costs (ie: buy-in prices) are rising faster than normal.of poor stock levels on shopping experiences: This compares with only 17% at the start of 2021 and it is clear that unusual cost increases are steadily becoming more common.   At the same time, only 10% said that output prices (ie: sell-...
08 October 2021
Shopper confidence has declined to its lowest level in a year, according to the latest Shopper Confidence Index from IGD. The September 2021 Shopper Confidence Index, from ShopperVista - which provides category, insight and commercial professionals with trusted shopper insights – highlights that concerns around food price inflation are at their highest since March 2013; 85% of shoppers e...
07 October 2021
Your overview of political and economic news with a focus on the food and consumer goods industry, featuring the latest developments and guidance on COVID-19 and adapting to a new relationship with the EU. Availability concerns stabilise Recent research conducted by IGD revealed that while 62% of adults experienced shortages of some food and groceries in-store or online recently, ...