Values plummet in the Fresh Produce sector as the bad news keeps rolling in
If ever there was a market that has had to navigate unrelenting turbulence over the past few years it’s the UK Fresh Produce industry.
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If ever there was a market that has had to navigate unrelenting turbulence over the past few years it’s the UK Fresh Produce industry.
Last week the American Retail giant Toys R Us, Inc filed for bankruptcy in North America to help restructure its debts.
The UK construction industry has narrowly avoided a recession by recording growth of 0.6% in Q3. This comes after the 1.2% decline in the previous quarter which had stoked fears that this bellweather of the UK economy was entering its first recession since the financial crisis.
With the UK being the only European country to see declining used car prices during 2022 and demand for new cars only just starting to stabilize after recent downward pressures, what next for the UK’s leading dealerships?
Grain Merchant Wellgrain Ltd went into administration earlier this month owning at least £15m to almost 300 creditors.
The UK financial sector has, for many decades, been the main growth engine of the UK economy. The effects of the financial crisis of 2008, triggered by irrational exuberance and light regulation of the sector, were felt much less in financial circles than in many other parts of the UK economy. While the average take-home pay for the average worker remains below pre-crisis levels, the financial sector has paid out 50% in bonuses in 2021, despite the pandemic.
Leading figures in the chemical market are increasingly concerned about being able to continue production in the UK as the energy crisis deepens and Brexit chokes off the supply chain. Stephen Elliott, chief executive of the Chemical Industry Association, inferred that some of their members could begin closing plants within weeks.
There is a growing interest in the adoption of blockchain and cryptocurrency technology by mainstream financial institutions as part of the drive to turn the UK into a post-Brexit tech powerhouse.
The academies industry in the UK is a complex and evolving landscape, with a range of financial issues impacting the sector. In the wake of financial scandals, there has been increasing scrutiny of academy finances, with concerns raised about the sustainability of the model and the potential for financial mismanagement and greed.
The total number of breweries in the UK remained relatively stable in the first quarter of 2023, with the overall number down by just four. These figures were provided by the Society of Independent Brewers (SIBA) UK Brewery Tracker, which monitors new brewery openings and closures both regionally and nationally.