The Economic Impact of Rising Costs in the UK

Rising costs of food and energy prices are a challenge to almost every business. However, we have your back! We work hard to ensure that our suppliers are delivering market-leading prices throughout the full term of your contract.

Our suppliers are responsible for communicating their price changes; however, please know we have made sure they are justified and fair before they reach out to you. Plus, we secure the lowest viable increase with them - allowing you to take advantage of prices often way less than their broader customer base. 

 

Check back at this page often because updates will be displayed right here for your convenience whenever essential new data becomes available, so you'll know precisely what factors are driving up prices. And, if you are struggling to balance increased operating costs whilst remaining competitive, just get in touch! Our procurement professionals can assist you by collaborating with our partners to find personalised solutions to lessen the burden of surging overheads.

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Seafood

Following receipt of a market update from Direct Seafoods, see our detailed article on farmed and wild seafood, and the factors that are contributing to rising prices.

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Fuel

Rising fuel costs are a massive problem for customers and businesses. Find out what's causing these high prices and when they're forecast to fall.

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Milk

The forthcoming plastic tax and higher prices for farmers, hit milk production suppliers making price rises unavoidable as increased costs can no longer be absorbed.

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Paper

Industrial action in Finnish paper mills extended until April, meaning the UK may only have about 6-weeks of copier paper left.

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Salmon

Salmon prices leap to a new record high, with prices more than doubling since Christmas. Demand continues to far outstrip supply, as catches and harvests decrease.

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Energy

Business customers could see their bills rise by 125% once their contracts end. In addition, credit may not be returned if your supplier goes bust.

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Poultry

Suppliers experiencing 30% rise on poultry with stock issues on some chicken products. With further increases anticipated, price moves are inevitable.

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Edible Oils

As much as 60% of Black Sea sunflower oil exports could be delayed following Russia's invasion, making price rises unavoidable as global demand outstrips supply.