onthem.~ ,, ~ , on them. with the spike in costs im ”actin on them. with the spike in costs impacting many on them. with the spike in costs impacting many ingredients, - on them. with the spike in costs - impacting many ingredients, shoppers are sharing the pain. a basket of food that cost £50 one year ago will now set you back £60. half of households have had to buy less. with the cost of wheat, oil and dairy now dropping, there are a few price cuts, but why aren t there more? are retailers taking a larger slice? let s consider where your money goes. take a block of cheese costing £2 50 p. an academic study shows that the farmers cost account for nearly £1 50 shows that the farmers cost account for nearly £150 p. the retailers and processors overheads make up most of the rest. as for profit, there is just 3.5 p left to be split between them all. our supply chains are tight, they may struggle to absorb higher costs. profit margins on other items are bigger, but for every £1 y
overheads make up most of the rest. as for profit, there is just 3.5 p left to be split between them all. 0ur supply chains are tight. they may struggle to absorb higher costs. profit margins on other items are bigger, but for every £1 you spent in tesco last year, it made about 4p on profit. in sainsbury s, it was more like three p. supermarkets have taken a hit, and other costs are still rising. energy prices have doubled or tripled in some cases. the labour cost has been substantial, mainly driven both by the national minimum wage rises, which came in in april, and also because just a shortage of labour, particularly in some of the key skills like hgv drivers and logistics through the supply chain. overall, the costs are still rising. but at a slower rate. that should mean price rises on shop shelves slow.
an academic study shows that the farmers costs account for nearly £1.50. the retailers and processors overheads make up most of the rest. as for profit, there is just 3.5p left to be split between them all. 0ur supply chains are tight, they may struggle to absorb higher costs. profit margins on other items are bigger, but for every £1 you spent in tesco last year, it made about 4p in profit. in sainsbury s, it was more like 3p. supermarkets have taken a hit, and other costs are still rising. supermarkets have taken a hit, energy prices have doubled or tripled in some cases. the labour cost has been substantial, mainly driven both by the national minimum wage rises, which came in in april, and also because just a shortage of labour, particularly in some of the key skills like hgv drivers and logistics through the supply chain. overall, the costs are still rising.
take a block of cheese costing £2 50 p. an academic study shows that the farmers cost account for nearly £150 p. the retailers and processors overheads make up most of the rest. as for profit, there is just 3.5 p left to be split between them all. 0ur supply chains are tight. they may struggle to absorb higher costs. profit margins on other items are bigger, but for every £1 you spent in tesco last year, it made about 4p on profit. in sainsbury s, it was more like three p. supermarkets have taken a hit, and other costs are still rising. energy prices have doubled or tripled in some cases. the labour cost has been substantial, mainly driven both by the national minimum wage rises, which came in in april, and also because just a shortage of labour, particularly in some of the key
take a block of cheese costing £2 50 p. an academic study shows that the farmers cost account for nearly £150 p. the retailers and processors overheads make up most of the rest. as for profit, there is just 3.5 p left to be split between them all. 0ur supply chains are tight. they may struggle to absorb higher costs. profit margins on other items are bigger, but for every £1 you spent in tesco last year, it made about 4p on profit. in sainsbury s, it was more like three p. supermarkets have taken a hit, and other costs are still rising. energy prices have doubled or tripled in some cases. the labour cost has been substantial, mainly driven both by the national minimum wage rises, which came in in april, and also because just a shortage of labour, particularly in some of the key skills like hgv drivers and logistics