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How does a recession in the UK impact food and drink?

The Office for National Statistics (ONS) revealed in its latest figures that the UK fell into a recession during the second half of 2023.

Food and drink business administrations up 110%

The number of UK food and drink businesses placed into administration during the first half of 2023 is up 110% year-on-year, according to new findings from insights firm Kroll.

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