Simon Young of Montpelier accountants says rising food commodity prices and increased taxes on consumers could leave a sour taste in the mouths of UK food manufacturers this year.
As the cost of putting food on the table rises faster in the UK than in most of Europe – figures from the OECD put UK food inflation at 6.3 per cent, compared with 0.1 per cent in France and 0.3 per cent in Ireland – the agility of food manufacturers to adapt to the…
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