UK Food & Drink Confidence Plummets to -47% in 2025 | Asian Trader - 0 views
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asiantraderr on 27 Mar 25A food and drink makers body is calling on the government to work with industry to boost growth and the competitiveness after a recent survey drop in the confidence among the maker as inflationary pressures including energy, labour and raw material costs gain pace. According to the Food and Drink Federation (FDF), business confidence plummeted to -47 per cent in the final three months of last year, down from -6 per cent in the previous quarter, as companies in the sector were hit by measures announced in the October budget. The confidence score among the country's 12,500 food and drink businesses has slid to its lowest level since the final quarter of 2022, a time when inflation was surging after Russia's invasion of Ukraine earlier in that year.