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Business Mar 31, 2026

Denby Pottery Firm Teeters on Brink of Collapse with 600 Jobs at Risk

The 217-year-old Denby pottery firm in Derbyshire has appointed administrators, putting almost 600 …
Denby, a 217-year-old pottery firm based in Derbyshire, has appointed administrators, putting almost 600 jobs at risk of loss. The company, which owns the Burleigh brand, has struggled with surging energy costs, higher labour costs, tighter financial markets, and softening consumer demand for its premium homeware.Earlier this month, Denby's CEO, Sebastian Lazell, stated he was 'trying to move heaven and earth' to save the business. A #SaveDenby campaign was launched to encourage people to buy more products and lobby the government for support. Despite an 'overwhelming and deeply moving' response, the company was unable to secure 'strategic investment partners' to continue.Tony Wright, joint administrator of Denby Group, said: 'Denby is one of Britain's most beloved and enduring pottery brands... We are focused on progressing the sale process and encourage any interested parties to come forward without delay.'The problems at Denby come a year after Royal Stafford and Moorcroft pottery firms also called in administrators. Stoke's Wedgwood pottery has also announced job cuts. A string of consumer goods companies have fallen into administration this year due to lacklustre consumer spending and rising costs.
#Denby Pottery #Derbyshire #administrators
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World Economy Mar 27, 2026

Asda Boss Urges Government to Support Farmers and Ease Fuel Costs Amid Middle East Conflict

Asda's executive chair, Allan Leighton, has called on the UK government to take action to support f…
Asda's executive chair, Allan Leighton, has urged the UK government to take immediate action to support farmers and ease fuel costs, as the conflict in the Middle East threatens to drive up food prices. Leighton warned that food prices would inevitably rise as a result of the conflict, citing pressure on farmers from higher fertiliser, energy, and fuel costs.While Asda has so far received only a trickle of requests for cost price increases from suppliers, Leighton expects the pace of cost increases to be volatile and vary across different commodities. He also warned of temporary shortages at petrol stations as supplies are squeezed by the conflict, with the average price of unleaded petrol in the UK rising to 150p a litre.Leighton accused the government of benefiting from £3bn of income from fuel duties as prices rise and called on them to ease these duties or support farmers on energy or other costs. He suggested that tax from fuel duty should be redistributed to support farmers in some form.The Asda boss's comments come after Simon Wolfson, CEO of Next, suggested that clothing prices could rise by 4-10% if the conflict in the Middle East extends into the autumn and factories are hit by higher fuel and fabric costs. Daniel Ervér, CEO of H&M;, also warned that a prolonged conflict could have a significant impact on consumer spending and cause inflation.Asda's underlying profits dropped by a third to £764m last year, with non-fuel sales sliding 3.3% to £21bn. However, the company reported its first month of underlying sales growth in stores in almost two years in March, after resolving IT problems linked to a switch away from services provided by its former owner Walmart.
#asda #fuel #costs
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World Economy Mar 22, 2026

Hummus Becomes a British Staple: From Exotic Curiosity to Mainstream Favorite

Hummus has become a staple in British cuisine, joining the list of foods used to measure the cost o…
Hummus has become an integral part of British cuisine, joining the inflation basket as a staple food item. The dip's popularity has grown exponentially since its introduction to British supermarkets in the late 1980s.Waitrose was the first British supermarket to stock hummus in 1987, marking the beginning of its journey from an exotic curiosity to a mainstream favorite. Today, hummus is a ubiquitous presence in British supermarkets, with Tesco offering 18 different versions of the dip.The success of hummus can be attributed to its versatility, with Ramona Hazan's eponymous brand producing 80-100 tonnes of hummus a week. Hazan started her company in her London flat in 2004 with a £25 Kenwood blender and now has a brand valued at £24m.The UK's changing dietary habits have played a significant role in hummus's popularity, with consumers increasingly opting for healthier alternatives. Middle Eastern cuisine has become increasingly mainstream, with chefs like Yotam Ottolenghi and Claudia Roden contributing to its popularity.The addition of hummus to the inflation basket reflects the significant impact of healthier lifestyle choices on consumer spending. Alcohol-free beer will also be included in the basket for the first time, highlighting the shift towards healthier alternatives.
#hummus #says #dip
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