Nestlé, who make everything from KitKat to Nespresso coffee machines, has said that they will be increasing prices by an average of just over 5% and warned of more price rises to follow
The company left full year forecasts unchanged, with organic sales growth expected at around 5% and underlying trading operating profit margin of between 17.0% and 17.5%.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Energy bosses warn of 'truly horrific' October price riseAppearing before MPs today, the bosses of the UK's largest energy companies urged the government to prepare for yet another shock increase by offering further support to hard-pressed Britons.
Read more »
Price rises will be horrific says Scottish Power bossScottish Power's Keith Anderson told MPs there was already massive anxiety about prices and much worse was to come.
Read more »
Three ways to secure an inflation-busting pay rise📈As the cost of living continues to soar, having that awkward conversation with your manager may become unavoidable. How then do you persuade them to pay you more?👇
Read more »
Back partygate inquiry or pay price, Labour warns Tory MPsLabour is seeking to persuade Conservative MPs to back a Commons inquiry into Boris Johnson’s comments on Downing Street parties by promising to delay it until
Read more »