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BBCNEWS BBC News at Six June 4, 2024 17:03:00

Onthem.~ ,, ~ , on them. with the spike in costs im ”actin on them. with the spike in costs impacting many on them. with the spike in costs impacting many ingredients, - on them. with the spike in costs - impacting many ingredients, shoppers are sharing the pain. a basket of food that cost £50 one year ago will now set you back £60. half of households have had to buy less. with the cost of wheat, oil and dairy now dropping, there are a few price cuts, but why aren t there more? are retailers taking a larger slice? let s consider where your money goes. take a block of cheese costing £2 50 p. an academic study shows that the farmers cost account for nearly £1 50 shows that the farmers cost account for nearly £150 p. the retailers and processors overheads make up most of the rest. as for profit, there is just 3.5 p left to be split between them all. our supply chains are tight, they may struggle to absorb higher costs. profit margins on other items are bigger, but for every £1 y ....

Actin On Them , Supermarket Bosses , Aren T , Price Cuts , Supply Chains , Bjp Left , 3 5 , Profit Margins , Three P Supermarkets ,

BBCNEWS Newsday June 4, 2024 22:22:00

Cost pressures on farms have come from all the global factors of conflict and the disruption coming out of covid and so on. actually, farmers have had to pay more than 80% more for their feed, fertiliser and fuel. similar to our household bills, the food we are buying, the energy we are getting for our homes. that has put pressure on them. with the spike in costs impacting many ingredients, shoppers are sharing the pain. a basket of food that cost £50 one year ago will now set you back £60. half of households have had to buy less. with the cost of wheat, oil and dairy now dropping, there are a few price cuts, but why aren t there more? are retailers taking a larger slice? let s consider where your money goes. take a block of cheese costing £2 50 p. an academic study shows that the farmers cost account for nearly £150 p. the retailers and processors ....

Cost Pressures , Household Bills , Price Cuts , Aren T ,

BBCNEWS BBC News at Ten June 4, 2024 21:09:00

An academic study shows that the farmers costs account for nearly £1.50. the retailers and processors overheads make up most of the rest. as for profit, there is just 3.5p left to be split between them all. 0ur supply chains are tight, they may struggle to absorb higher costs. profit margins on other items are bigger, but for every £1 you spent in tesco last year, it made about 4p in profit. in sainsbury s, it was more like 3p. supermarkets have taken a hit, and other costs are still rising. supermarkets have taken a hit, energy prices have doubled or tripled in some cases. the labour cost has been substantial, mainly driven both by the national minimum wage rises, which came in in april, and also because just a shortage of labour, particularly in some of the key skills like hgv drivers and logistics through the supply chain. overall, the costs are still rising. ....

Supply Chains , 0ur Economics , Bjp Left , Farmers Costs , 1 50 , 3 5 , Profit Margins , Labour Cost , Energy Prices , Supply Chain , Minimum Wage Rises ,

BBCNEWS BBC News June 4, 2024 18:45:00

Take a block of cheese costing £2 50 p. an academic study shows that the farmers cost account for nearly £150 p. the retailers and processors overheads make up most of the rest. as for profit, there is just 3.5 p left to be split between them all. 0ur supply chains are tight. they may struggle to absorb higher costs. profit margins on other items are bigger, but for every £1 you spent in tesco last year, it made about 4p on profit. in sainsbury s, it was more like three p. supermarkets have taken a hit, and other costs are still rising. energy prices have doubled or tripled in some cases. the labour cost has been substantial, mainly driven both by the national minimum wage rises, which came in in april, and also because just a shortage of labour, particularly in some of the key ....

Bjp Left , Supply Chains , Profit Margins , 3 5 , Energy Prices , Three P Supermarkets , Labour Cost , Minimum Wage Rises ,

BBCNEWS Newsday June 4, 2024 23:22:00

Take a block of cheese costing £2 50 p. an academic study shows that the farmers cost account for nearly £150 p. the retailers and processors overheads make up most of the rest. as for profit, there is just 3.5 p left to be split between them all. 0ur supply chains are tight. they may struggle to absorb higher costs. profit margins on other items are bigger, but for every £1 you spent in tesco last year, it made about 4p on profit. in sainsbury s, it was more like three p. supermarkets have taken a hit, and other costs are still rising. energy prices have doubled or tripled in some cases. the labour cost has been substantial, mainly driven both by the national minimum wage rises, which came in in april, and also because just a shortage of labour, particularly in some of the key skills like hgv drivers and logistics ....

Bjp Left , Supply Chains , Profit Margins , 3 5 , Energy Prices , Three P Supermarkets , Labour Cost , Minimum Wage Rises ,