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Confidence plummeting among UK food and drink manufacturers, survey shows
Food and Drink Federation says business confidence fell to -47% amid inflation, energy and labour pressuresConfidence is tumbling among Britain’s food and drink manufacturers, as inflationary pressures including energy, labour and raw material costs gain pace, according to a survey by the industry body.Business confidence plummeted to -47% in the final three months of last year, according to the Food and Drink Federation (FDF), down from -6% in the previous quarter, as companies in the sector were hit by measures announced in the October budget. Continue reading...
Food and Drink Federation says business confidence fell to -47% amid inflation, energy and labour pressures
Confidence is tumbling among Britain’s food and drink manufacturers, as inflationary pressures including energy, labour and raw material costs gain pace, according to a survey by the industry body.
Business confidence plummeted to -47% in the final three months of last year, according to the Food and Drink Federation (FDF), down from -6% in the previous quarter, as companies in the sector were hit by measures announced in the October budget. Continue reading...
