Sirius Bulletin - 7th June 2022

Sirius Bulletin - 7th June 2022

This bulletin provides a summary of topical news, announcements and policy developments affecting business across the UK.

 

Green energy

Grants to install heat pumps

Homeowners across England and Wales can now benefit from £5,000 grants to fit clean heating systems when they replace their oil and gas boilers. This includes clean heating systems installed from 1 April 2022.
Read more about the grants at: www.gov.uk/government/news/ditching-costly-gas-and-oil-is-cheaper-thanks-to-heat-pump-scheme


Horticulture

Grants to boost domestic tree production

A new £8.8 million fund to support domestic tree production in England has been announced by the Forestry Commission. The funding will help tree nurseries and suppliers invest in projects which improve, expand, automate or mechanise their operations.
Read more about the fund at: www.gov.uk/government/news/new-grant-to-boost-domestic-tree-production-opens


Hospitality

Bottled beer shortage amid rising production costs

A Scotland-based wholesaler has warned that the UK could see bottled beer stocks plummet as a result of soaring production costs. A number of global suppliers are already dealing with glassware shortages, as prices have jumped by 80% in the last 12 months due to rising energy costs.
Read more about the shortage at: www.bighospitaIity.co.uk/Article/2022/05/24/warnings-of-bottled-beer-shortage-a mid-rising-production-costs


Tourism

Reports of holiday fraud increase by more than 120%

Action Fraud is warning the public to remain vigilant against holiday fraud when booking flights or accommodation online. In 2021/22, Action Fraud received 4,244 reports of holiday and travel related fraud, a year-on-year increase of over 120%. Each victim lost an average of£ 1,868.
Read more about the warning at: www.actionfraud.police.uk/news/new-warning-issued-as-reports-of-holiday-fraud-skyrockets-by-more-than-120

 

IT

Third of organisations to outsource

Around 32% of UK organisations are planning to outsource more of their IT over the next two years. The main reasons for outsourcing are to enable organisations to focus on their core business and to access talent.
Read more about the reasons at: www.computerweekly.com/news/252518468/Third-of-organisations-to-outsource-more-lT-amid-talent-shortage

 

Food production

UK could be at forefront of lab-grown meat

Britain could become a world leader in cultured meat production by bringing hi-tech products to market swiftly. EU product approvals will take up to three years but the UK lab-grown meat sector is hoping that a post-Brexit white paper on the national food strategy could accelerate the UK process.
Read more at: www.theguardian.com/environment/2022/may/19/lab-grown-meat-firms-post-brexit-uk-regulation?

 

Food delivery

Walking deliveries to be introduced

The Co-op will be the first UK supermarket to launch ‘walking deliveries’ for households and workplaces up to a 15-minute walk from its stores. Deliveries are expected to operate from 200 stores this year following successful trials throughout Cornwall.
Read more about the launch at: www.retailgazette.eo.uk/blog/2022/05/co-op-launches-walking-deliveries-up-to-15-minutes-from-its-stores/?


Food prices

Supermarket cuts prices for over-60s

Iceland has become the first UK supermarket to cut prices for over-60s to help with soaring food prices amid the cost of living crisis and rising inflation. The supermarket chain, along with sister store The Food Warehouse, will cut prices by 10% for shoppers aged 60 and above on Tuesdays.
Read more about the discount at: www.grocerygazette.co.uk/2022/05/19/iceland-over-60s-food-prices


Cost of living

£15 billion package of support

The Chancellor has announced a range of measures to help households with the cost of living crisis. The measures will be paid for by a temporary Energy Profits Levy on oil and gas firms.
Read more about the measures at: www.gov.uk/ government/news/mi11ions-of-most-vuInerable-househol ds-wiII-receive-1200-of-help-with-cost-of-
1iving

 

DISCLAIMER While all reasonable efforts have been made, the publisher makes no warranties that this information is accurate and up-to-date.