Sirius Bulletin - 10th January 2022
This bulletin provides a summary of topical news, announcements and policy developments affecting business across the UK.
Customs changes could permanently damage EU trade
The Cold Chain Federation (CCF) has warned that small food businesses in Britain should expect trade with the EU to be permanently damaged by new customs checks which came into force on 1 January 2022. According to the CCF, the checks will result in delays and extra costs of up to £400 per consignment of food exported to the EU, and imports from the EU will become slower and more expensive.
Read more about the warning at: www.theguardian.com/politics/2022/new-year-brexit-changes-permanently-damage-eu-trade-says-food-body
Spending passes £100 billion for first time
Spending on ethical products and investments surged past£100 billion for the first time in 2020, according to a Co-op report. Sales of plant-based foods, second-hand clothes and furniture and greener gadgets have increased significantly.
Read more about the report at: www.retail-week.com/sustainability/spending-on-ethical-products-soars-past-100bn-for-first time/7041174.article
Seasonal Worker visa extended
The Department for Environment, Food & Rural Affairs has confirmed that the Seasonal Worker visa route, which allows foreign workers to come to the UK for up to six months to pick edible and ornamental crops, will be extended until the end of 2024.
Read more about the extension at: www.gov.uk/government/news/industry-given-certainty-around-seasonal-workers-but-told-to-focus-on domestic-workforce
Ecological practices could boost profits
Farmers could increase their profits and support sustainability by adopting ecological management practices, according to research from SRUC (Scotland’s Rural College). A survey of Scottish farmers has revealed that setting aside an ecological area on agricultural land and reducing farm inputs could generate up to a 7% increase in farm profits.
Read more about the research at: www.farminguk.com/news/ecological-practices-could-boost-farmers-profits-study-says 59585.html
37 pubs a month lost in 2021
Analysis of government data has revealed that more than 400 pubs disappeared from communities in England and Wales in 2021 compared to a year earlier. Overall, 37 pubs per month were demolished or converted for other uses, such as homes or offices, in 2021.
Read more about the figures at: www.morningadvertiser.eo.uk/Article/2021/12/23/How-many-pubs-closed-for-good-in-2021
Venues lost £10,355 on average over Christmas
Pubs, bars and restaurants lost £10,355 on average in the week leading up to Christmas, with Christmas Day takings down 60% when compared to 2019, figures from UKHospitality have revealed.
Read more about the figures at: www.morningadvertiser.co.uk/ Article/2022/01 /04/How-much-was-trade-down-by-for-pubs-over-Christmas-2021
Young adults rejecting fast fashion in eco boom
Young adults are shunning fast fashion and opting for more eco-friendly, pre-loved options, according to research commissioned by the University of Hull. The research has also revealed that young people aged 18 to 24 are increasingly likely to buy second-hand gifts.
Read more about the research at:
www.cha rgedretaiI.co.uk/2021/1 2/31/young-adults-rejecting-fast-fashion-for-pre-loved-clothes-in-eco-boom
Health and Care Visa scheme expanded
The Department of Health has temporarily expanded the Health and Care Visa scheme to address workforce shortages in the social care sector as a result of Covid-19. Under the extension, social care workers, care assistants and home care workers will be eligible for a 12-month period.
Read more about the expansion at: www.gov.uk/government/news/biggest-visa-boost-for-social-care-as-health-and-care-visa-scheme-expanded
Spending jumps past pre-pandemic levels amid online boom
Consumer spending in 2021 surged higher than pre-pandemic levels as the e-commerce boom continues, according to research by Barclaycard. Spending at pet retailers and outdoor and sports shops increased significantly, along with spending on digital entertainment and DIY.
Read more about the research at: www.cha rgedretaiI.co.uk/2021/1 2/31/consumer-spendi ng-jumps-past-pre-pandemic-levels-amid-onIine-boom
DISCLAIMER While all reasonable efforts have been made, the publisher makes no warranties that this information is accurate and up-to-date.