| Make foodmate.com your Homepage | Wap | Archiver
Advanced Top
Search Promotion
Search Promotion
Post New Products
Post New Products
Business Center
Business Center
 
Current Position:Home » News » Processed Foods » Topic

UK's biggest crisp maker hikes prices, post-Brexit

Zoom in font  Zoom out font Published: 2016-11-09  Views: 37
Core Tip: A bag of Walker crisps is set to rise by 10 percent as the company says the slump in the value of the pound after the vote to leave the European Union had pushed up its manufacturing costs.
A bag of Walker crisps is set to rise by 10 percent as the company says the slump in the value of the pound after the vote to leave the European Union had pushed up its manufacturing costs.

A standard bag of salt and vinegar or cheese and onion flavor crisps, as they are known in Britain, will typically increase to 55 pence ($0.62) from 50 pence as Walkers follows in the footsteps of Unilever in hiking prices after the vote for Brexit.

"Like most businesses, we are facing factors which impact the cost of some of our ingredients and materials including fluctuating foreign exchange rates," said a spokeswoman for the company, which is owned by US group PepsiCo.

"In light of this, we are taking steps to cover some of these additional costs through selective cost price changes across our portfolio."

The potatoes used to make crisps from Walkers, which is Britain's third biggest grocery brand, according to trade publication The Grocer, are grown in Britain, but other ingredients and packaging were imported, Walkers said.

Walkers said that since it did not set the retail price of its products, it would be up to individual retailers to determine the price on the shelf.
 
keywords: crisps
 
[ News search ]  [ ]  [ Notify friends ]  [ Print ]  [ Close ]

 
 
0 in all [view all]  Related Comments

 
Hot Graphics
Hot News
Hot Topics
 
 
Powered by Global FoodMate
Message Center(0)