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Greggs set to raise prices again in response to cost pressures, says CEO
Posted onHigh street baker Greggs is set to raise prices on its breakfast meal deals and biscuits in response to growing cost pressures, the company’s chief executive has said. Roisin Currie said the price increases would kick in from Thursday. She said the action was being taken in response to increased staffing costs, including the impact…
Wage growth slows slightly over summer
Posted onEmer MoreauBusiness reporter Getty Images Wage growth in the UK cooled slightly over the summer, as unemployment ticked up marginally. Average wage growth was 4.7% in the three months to August, down from 4.8% over the three months to July, according to new data from the Office for National Statistics (ONS). The national unemployment rate…
UK snack brand Graze to be sold to Jamie Laings Candy Kittens
Posted onOsmond ChiaBusiness reporter Getty Images Candy Kittens co-founders Jamie Laing and Edward Williams British TV personality Jamie Laing’s vegan sweets brand Candy Kittens is set to acquire snack company Graze in a deal between the former’s parent company and packaged goods giant Unilever. The upcoming deal with German firm Katjes International, Candy Kittens’ parent company,…
