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Britain’s Tesco cuts milk price

Reuters – Britain’s biggest supermarket group, Tesco, has cut the price of milk for the first time since May 2020, a possible early sign that a surge in food inflation may abate in coming months. In March, grocery inflation in the U.K. rose to 17.5 per cent, according to market researcher Kantar. The price rise

U.K. pork producers are facing unprecedented losses as costs of production soar.

Struggling British pig industry calls for grocer Tesco to step up

Reuters – The trade body for Britain’s pig industry on May 5 told Tesco, the country’s biggest supermarket group, it needs to do more to support struggling producers or risk losing its U.K. pork supply base. In an open letter to Tesco chief executive Ken Murphy, the chairman of the National Pig Association (NPA), Rob