British vaste food yearly in value of 10 billion pounds
In 2008 an average British family spends 9% of household's income for food, it was 16% in 1984.
A Cabinet Office report, Recipe for
Success, showed 4.1 million tons of edible food is wasted every year
in the U.K., costing each household 420 pounds. Supermarkets make it
harder for householders to avoid food waste, while throwing away
large quantities of edible food through poor stock management.
Surging food and fuel prices are
undercutting living standards and pushing the U.K. economy closer to
a recession. Prices for 19 commodities in the Reuters/Jefferies CRB
Index rose 29 percent in the first half, the most since 1973.
Related news
Related news
GKI: Deteriorating confidence indices and economic outlook in Hungary
In November, both businesses and consumers became more pessimistic about…
Read more >Arabica coffee price hits 47-year high
The futures price of arabica coffee has reached a 47-year…
Read more >Magyar Posta is preparing for the increased holiday traffic with 130 new vehicles
Magyar Posta expects to deliver more than 7 million packages…
Read more >