To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behaviour or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
The technical storage or access that is used exclusively for statistical purposes.
The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Food and Drink Federation comment on UK inflation figures
The Food and Drink Federation (FDF) has expressed cautious optimism following the announcement of the latest UK inflation figures on August 14, 2024.
Balwinder Dhoot, Director for Sustainability and Growth, The Food and Drink Federation said: “We’re pleased that as pressures across the food supply chain ease, food and drink price inflation continues to stabilise.
“While energy and global commodity prices remain elevated due to a series of shocks, including the war in Ukraine and ongoing geopolitical uncertainty, there are strong signs that the industry is turning a corner.
“Around 85 per cent of food manufacturers expect to maintain or increase investment levels over the coming year, after a 30 per cent decline since 2019.
“Our industry plays a vital role in every community, and the local and national economy. As well as providing job opportunities and skills development it underpins the nation’s food security.
“Continued investment is key to safeguard and enhance the resilience of our food supply, tackle climate change and health inequalities, and boost jobs and growth.”
The FDF’s response emphasises the critical role the food and drink industry plays in the UK’s economy and society.
Dhoot stressed the importance of continued investment to enhance food supply resilience, address climate change and health inequalities, and stimulate job creation and economic growth.
Related stories
Kildrummy Inn leads field with three finalist places in Regional Thistle Awards
Food and Drink Federation announces 2025 Awards shortlist
ONE SeedPod reveals first tenant
Tony Singh brings together top Scottish food and drink brands at BBQ event in Glasgow
Pie Sports partner with St Johnstone to bring award-winning pies to McDiarmid Park
£850,000 transformation set to reopen iconic North Berwick pub as ‘The Law’
Other stories from Larder
Celebrate the Summer Moments with Caorunn Classic Gin
Sushisamba Edinburgh Launches Summer Edition Of Scotland’s Highest Afternoon Tea
Strategic partnership to bring Coffee House and Bar to Jamieson Quay for Tall Ships
Brakes Wins National Wholesaler of the Year at the Grocer Gold Awards
Fife Whisky Bottler scores hole-in-one with whisky sell-out
Black Sheep Coffee finally opening second Aberdeen store in old Caffe Nero Location two years later
Heston Blumenthal creates a new strawberry dessert to celebrate the summer
Summer blooms at The Scholar as The Garden Terrace reopens in Edinburgh’s leafy south side
Stauning Whisky Of Denmark ™ Marks 20th Year Since Foundation With Reimagined Core Range Celebrating Danish Design And Craftsmanship
Innis & Gunn launches ‘Hole in Gunn’ challenge at The Genesis Scottish Open
Kildrummy Inn leads field with three finalist places in Regional Thistle Awards
Whisky Craft launches in Edinburgh with Rare Single Cask Trio