Simon has been writing about the food industry with Just Food since 2017. Prior to that, he was a financial news editor at Bloomberg and Dow Jones for around 17 years, working out of bureaus in London, Singapore and Malaysia.
The CMA concluded “rising costs have not been passed on in full to consumers”.
Alani Nu has partnered with Kim Kardashian to promote a limited-edition energy drink – Kimade.
Non-alcoholic beverages were up 16.4% overall as opposed to 14% in May.
The China-based biscuits and puffed crisps maker has put forward a so-called scheme of arrangement proposal.
Inflation covering all-items cooled to 4%, the lowest level since March 2021 ahead of the Fed’s rate decision.
Get industry leading news, data and analysis delivered to your inbox
Food and soft drinks prices rose 19.1% in April, compared with an 8.7% increase in the UK government’s all-items index.
Official inflation figures from the UK government are due tomorrow (24 May).
CEO Rohan Mirchandani waved away a report Epigamia had shelved a move to sell the business.
The former investor in double glazing business Everest has acquired 37.2m shares, giving him a 2.86% interest in THG.
The prices of food and soft drinks hit a 45-year high in the UK in March, with The Food and Drink Federation warning “many of the underlying drivers of inflation are still in play”.