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Inflation could hit 8.2% and food prices are likely to rise amid the Ukrainian invasion

The full scale invasion of Ukraine by Russia is likely to see food prices rise as the country is known as the “breadbasket” of Europe as they produce so much… The post Inflation could hit 8.2% and food prices are likely to rise amid the Ukrainian invasion appeared first on London Business News | Londonlovesbusiness.com.

Brits warned to expect energy and food prices ‘will rise further’ hitting families hard amid Ukraine crisis

On Tuesday the German Chancellor Olaf Scholz halted the Nord 2 natural gas pipeline from Russia which will cause prices for food and energy to soar affecting millions of households.… The post Brits warned to expect energy and food prices ‘will rise further’ hitting families hard amid Ukraine crisis appeared first on London Business News…

Starbucks trials new ‘returnable cup’ you can borrow for as long as you like, and return anytime

Today, in Canary Wharf, London, Starbucks launches its returnable cup program – allowing customers to opt for a reusable in the same way they would a single use cup. Without… The post Starbucks trials new ‘returnable cup’ you can borrow for as long as you like, and return anytime appeared first on London Business News…

The second largest beer maker in the world warns surging inflation could put beer prices up

Over the past 12 months the price of barley and aluminium costs has soared and the second largest beer maker in the world expects beer prices will go up amid… The post The second largest beer maker in the world warns surging inflation could put beer prices up appeared first on London Business News |…

Entrepreneur hits £2.5m of investment proving BBC One’s Dragons Den investors wrong

As the 19th Series of BBC One’s Dragons Den continues to inspire budding entrepreneurs the fourth episode which aired on the 27 January saw 24 year old Mark Wong pitch… The post Entrepreneur hits £2.5m of investment proving BBC One’s Dragons Den investors wrong appeared first on London Business News | Londonlovesbusiness.com.

Tesco chairman warns inflation could trigger rising food prices as the worst is ‘yet to come’

The chairman of Tesco has warned that the worst of rising food prices is “yet to come” and by spring there could be a 5% rise. John Allen told the… The post Tesco chairman warns inflation could trigger rising food prices as the worst is ‘yet to come’ appeared first on London Business News |…

Greggs opens new London store creating more jobs

Greggs has opened a new shop today in Crayford, creating 15 new jobs for the area. The shop will stock freshly prepared Greggs favourites, including its popular Sausage Roll, Steak… The post Greggs opens new London store creating more jobs appeared first on London Business News | Londonlovesbusiness.com.

Pinter launches world’s first low ABV beer you can brew at home

One of the most innovative products of 2021 and winner of a TIME Magazine Best Inventions award, Pinter has launched the world’s first low ABV beer that can be brewed at home. If you’re… The post Pinter launches world’s first low ABV beer you can brew at home appeared first on London Business News | Londonlovesbusiness.com.

Greggs forced to increase prices on some products amid staff shortages an supply chain issues due to Omicron

The chief executive of Greggs has said they have been forced to increase prices on some of their products amid rising costs for ingredients and staff salaries. Roger Whiteside also… The post Greggs forced to increase prices on some products amid staff shortages an supply chain issues due to Omicron appeared first on London Business…

Drinkers increasingly choose low and no alcohol products all year round and not just for Dry January

UK drinkers increasingly choose low and no alcohol products all year round and not just for Dry January, the fourth annual online study YouGov commissioned by the Portman Group has… The post Drinkers increasingly choose low and no alcohol products all year round and not just for Dry January appeared first on London Business News…

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