Martin Flanagan: Depressed pound opens up a can of worms



Food deflation has been a boon for consumers and a bane for the supermarket industry. What could possibly turn it round? How about Brexit?
Britain’s summertime vote to quit the European Union sent sterling spiralling downwards. That seems to have emboldened food giant Unilever last week to demand that Tesco pay more for its goods wholesale after the weaker pound raised production, particularly input, costs.
The spat between the Marmite-to-PG Tips manufacturer and Britain’s biggest supermarket business was shortlived after Tesco delisted Unilever products in what was an eyebrow-raising clash... read more

 
18 October 2016 in Business, Views: 35
Source: Scotsman
Share:
  •  





    News Widget for Webmasters



    Bring Eugene's son back home immediately

    Realtime News

     

    «
    »
    Mo Tu We Th Fr Sa Su
          1 2 3 4
    5 6 7 8 9 10 11
    12 13 14 15 16 17 18
    19 20 21 22 23 24 25
    26 27 28 29 30 31