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20.05.26 - 13:01
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A "Rubbish, Knee-Jerk Reaction": UK Treasury Pushes Food Price Caps As Inflation Re-Accelerates (ZeroHedge)
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A "Rubbish, Knee-Jerk Reaction": UK Treasury Pushes Food Price Caps As Inflation Re-Accelerates
UK supermarkets are being urged by the government to limit food prices in return for easing regulations.
As first reported by The Financial Times, the price caps are 'voluntary' and would apply to key groceries – such as eggs, bread, and milk - according to retail industry sources with knowledge of the plans.
In return, the government has said it would offer “incentives” to the supermarkets, which the people said could include easing packaging policies and potentially delaying costly changes to rules around healthy food.
As one may well expect, supermarkets are understood to be strongly opposed to the plans.
The Treasury has declined to comment.
The proposals come as Sir Keir Starmer's government is battling to address public concern over the cost of living.
Scottish retailers recently condemned a similar policy by the Scottish National Party as a “1970s-style” gimmick.
One ...
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20.05.26 - 12:18
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Call for food price caps ′completely preposterous′, says M&S boss (The Guardian)
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Stuart Machin argues government should reduce tax and regulatory burden on supermarkets insteadThe boss of Marks & Spencer has called a government proposal for voluntary price caps on essential food items “completely preposterous”, saying it should reduce tax and regulatory burdens instead.Stuart Machin, the chief executive of the clothing, homewares, food and beauty retailer, said M&S already lost money on some basic items such as milk, bread and baked beans and made very slim profits on other products such as eggs and sugar. Continue reading......
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20.05.26 - 11:00
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I believed sustainable fashion′s hype. But between Everlane and Allbirds, the letdowns keep coming | Clare Press (The Guardian)
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Sustainability promised to change the industry. With Shein reportedly acquiring Everlane, and Allbirds pivotting from eco sneakers to AI, it seems that promise was mostly marketingIt was always about the money, wasn't it? For a while there, it seemed like the execs opining sustainability is not a trend, it's the future actually meant it. But when yet another global brand drops its net zero goals or stops talking about DEI, you do wonder. Recent headlines include Stella McCartney adulterating her eco gloss with a sustainable capsule collection for H&M – don't worry, she's just “infiltrating from within” – and Lululemon being investigated for Pfas. The letdowns keep coming.Now the internet is reeling from a report that Shein plans to acquire Everlane, the San Francisco-based sustainable basics brand built on “radical transparency”. Shein is the Chinese ultra-fast fashion giant epitomising murky supply chains and crazy-cheap landfill fashion. They release up to 10,000 styles a day, and ha...
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20.05.26 - 10:48
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South African Farming Crisis May Trigger Food Shortages Across The Continent (ZeroHedge)
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South African Farming Crisis May Trigger Food Shortages Across The Continent
For decades South Africa has operated as the breadbasket for half of the African continent, and the vast majority of that food was grown by white farmers (Boers and Afrikaners). In other words, the very survival of Africans has long been dependent on the hard labor of the white people they are taught to despise.
South Africa has around 142 race-based laws which largely discriminate against white citizens, especially when property, business and government office is involved. The Expropriation Act of 2024 allows the socialist government to confiscate any land of their choosing to "redress past discriminatory laws or practices" (land owned by white citizens). This is part of a project to "fulfill land reform goals" (transfer wealth and farming operations to black citizens).
The problem is, when land is seized or forced into sale to black owners, farming production reportedly collapses. That ...
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20.05.26 - 09:06
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Sinkende Umsätze im deutschen Gastgewerbe (DPA-AFX)
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WIESBADEN (dpa-AFX) - Hotels und Gaststätten haben in Deutschland weitere Umsätze verloren. Preisbereinigt (real) haben die Betriebe im März 5,2 Prozent weniger Geschäft gemacht als ein Jahr zuvor, wie das Statistische Bundesamt berichtet. Nur mit Hilfe ......
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20.05.26 - 08:33
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Umsatz im Gastgewerbe sinkt im März (Dow Jones)
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DOW JONES--Das Gastgewerbe in Deutschland hat im März nach Ergebnissen des Statistischen Bundesamtes (Destatis) kalender- und saisonbereinigt real 2,2 Prozent weniger umgesetzt als im Februar. Nominal sank der Umsatz um 1,3 Prozent. Im Vergleich zum ......
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20.05.26 - 07:18
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′A world-class producer′: English wines toast record gold medal haul (The Guardian)
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England wins highest percentage per entry at International Wine Challenge, with Kent the country's best regionEnglish wines won the highest percentage of gold medals per entry in a global competition, with experts describing the improvement as remarkable.At the International Wine Challenge, English wines are winning more gold medals than ever. In 2025, the country won 10, but this year it was awarded 25.M&S Champagne Delacourt Vintage Blanc de Blancs 2017, FranceM&S Collection Barossa Valley Shiraz 2024, AustraliaExceptional Botrytis Riesling 2017, Aldi, New ZealandExceptional Asti NV, Aldi, ItalyFletcher's LBV Port 2021, Aldi, PortugalTesco Finest Picpoul de Pinet 2024 Les Costières de Pomerols, FranceTesco Finest Barolo 2021 Fratelli Martini Secondo Luigi, ItalySainsbury's Taste the Difference Rioja Gran Reserva 2018, CVNE, Spain Continue reading......
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19.05.26 - 19:30
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UK supermarkets urged to consider voluntary price caps on essential foods (The Guardian)
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Retail sources rebuff government proposal as 'unjustified' and likely to push costs up across boardUK supermarkets have been asked by the government to consider putting a price freeze on some essential foodstuffs to protect the public from inflation fuelled by the Middle East conflict.Retailers rejected the plan, criticising its potential costs amid rising taxes, fuel and energy costs and arguing it could push up prices for shoppers overall. Continue reading......
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