Jubilee family fry up in danger due to global food emergency

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The British staple for the average family breakfast has increased by 40p in just one year

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Tea

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The Jubilee Family Fry Up world is under threat from the economic crisis, with a 40p price hike for the British staple this year according to market research giant Kantar after the United Nations warned of an “acute” global food and inflation crisis due to war. Ukraine.

With many full English fans looking to celebrate the Queen’s Platinum Jubilee next weekend, Fraser McKevitt, Head of Retail and Consumer Insights at Kantar, said: “People are really feeling the squeeze on ’til and have to increase their budgets further. To accommodate rising prices.

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“To put the most recent numbers into context, if you were picking up supplies for a family fry over a long weekend with toast, eggs, sausage, bacon and beans, it would cost you £6.83 – that’s a significant 40p The increase is over the last year.”

UK grocery prices are now rising at their fastest rate since 2009.

Speaking at the World Economic Forum (WEF) in Davos today (Tuesday), United Nations Food Agency executive director David Beasley warned that some countries are headed for “hell on earth” this year if Ukrainian exports do not resume. are. Both Russia and Ukraine are major exporters of wheat, vegetable oil and fertilizers for crops.

According to a WEF report released this week, the world is headed for “the worst food crisis in recent history, compounded by the added pressure of high energy prices”.

The situation got complicated early today as the two biggest food producers released financial data.

British food supplier Cranswick said today it was hit with an “unprecedented” set of “challenges” as staffing and supply chains hit the logistics and production industries, despite the company delivering more than £2 billion in revenue for the first time .

Associate food production company Greencore of Ireland also reported interim half-year results. Group revenue increased 33.6% to £770.8 million.

The company addressed problems in the supply chain and food price inflation, and said its results “have been a great achievement against a backdrop of mobility restrictions, supply challenges and rising inflation.”

Credit: www.standard.co.uk /

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