• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

Inflation 'unprecedented' says Britvic

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    Inflation 'unprecedented' says Britvic

    The chief executive of the drinks group Britvic added to the increasing concern about rising prices last night when he said that he had never before seen such big increases in the cost of raw materials in such a short period of time.

    The company, whose portfolio of brands includes Robinsons and Tango, said the pace of price rises in recent weeks had been "unprecedented", so much so that has now almost doubled its estimate of input-cost inflation for the UK and Ireland to 9-11 per cent, against 5-6 per cent previously.

    Inflation 'unprecedented' says Britvic - Business News, Business - The Independent
    Inflation may be doubling every few weeks, but at least Britvic shares are getting cheaper.

    #2
    He needs to read CUK more often - he'd know that this deflation is totally necessary to allow banks make quick buck and continue to pay ridiculous bonuses so that they can get taxed at ridiculous rate etc etc.

    Comment


      #3
      Originally posted by TimberWolf View Post
      Inflation may be doubling every few weeks, but at least Britvic shares are getting cheaper.
      Inflation is caused by the bankers investing in commodities because real industry is rather dead now. The same thing happened just before the banking collapse, eg buying up oil, sugar, coffee etc. The UK are world leader in the double dip recession.
      "A people that elect corrupt politicians, imposters, thieves and traitors are not victims, but accomplices," George Orwell

      Comment


        #4
        Fire up the printing presses!

        Comment

        Working...
        X