Food and beverage is the UK’s biggest manufacturing sector, and recent news of record export figures revealed in the Food & Drink Federation’s (FDF) Trade Snapshot report, is heartening.
However, it is not a sector without its challenges. Food and beverage manufacturers are faced with mounting cost pressures as a result of factors including rising vegetable oil and crop prices, because of the extended Southern Europe heatwave over the summer. Add to that, expensive borrowing due to the rapid increase in interest rates, soaring…
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