Inside food & drink manufacturing
Chancellor of the Exchequer Rishi Sunak has announced a 5p per litre fuel duty cut, 0% VAT on domestic renewable energy installations and a doubling of the Household Support Fund to help tackle soaring bills.
The Free Trade Agreements (FTAs) with Australia and New Zealand risk significantly undercutting domestic products, endanger food standards and threaten sustainability, according to members of Scottish government and the Welsh meat processing community.
Food and drink firms are not confident that future trade deals will benefit the UK food industry, as rising commodity costs presented the biggest challenge to their businesses, according to delegates at this year’s Business Leaders' Forum.
Proposals to restructure the Pladis factory in Stockport, Manchester could result in the loss of 159 of out of the 470 roles at the site.