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February 25th, 2009

Jam tomorrow - will you buy Marks and Spencer’s new sandwich?

Posted by: Stephen Addison

As fans of Alice in Wonderland will know, it’s jam every other day — jam yesterday or jam tomorrow but never jam today. “All very confusing,” says Alice.

On Thursday, Marks and Spencer might make some of their customers wonder for a moment whether they too have walked into fantasy land. For February 26th is the day it introduces to its shelves a new product: the strawberry jam sandwich.

Basic or what?

For 75 pence you get, as you might expect, two slices of buttered white bread and a filling of strawberry jam. “For those who haven’t eaten one for years, one bite takes you straight back to your childhood,” says Marks.

The jam sandwich, it rhapsodises, is “one of the greatest simple pleasures of life” that will delight harried and nostalgic office workers.

Will it? — after all the weird and wonderful fillings we’ve got used to in the High Street over the past few years? Surely anyone could make a jam sarnie in a few seconds flat, and they’re not exactly nutritious.

On the other hand, in these recessionary times this could be the food of the hour.

Do you think the sandwiches will sell?

July 9th, 2008

Did Stuart Rose get it wrong at M&S?

Posted by: Stephen Addison

ms.jpgJust a year ago, Stuart Rose’s stock was riding high as the man who turned round Marks and Spencer but now he faces shareholder anger over controversial management changes, a big profit warning and a proposal to make him executive chairman as well as chief executive.

M&S shares lost 33 percent of their value last week after the warning.

Rose upset some analysts last week by announcing that head of food Steven Esom, who had been tipped as a potential successor, was leaving after only about a year in the job, following a sharply weaker performance at the food business.

Critics have accused the all-important M&S food section of failing to sniff the recessionary wind and keeping prices too high. It showed Rose was losing his sure touch, some said.

Others believe his refusal to trim his sails and cut the dividend to shareholders is another mistake.

What’s your opinion? Could M&S have acted quicker to adapt to the current hard times on the High Street?

July 7th, 2008

Food for thought

Posted by: Stephen Addison

food1.jpgGordon Brown is asking us to stop wasting so much food and suggests that if we threw less away, demand would fall and then so too would food prices.

He says we’re throwing away around eight pounds worth of food a week, adding something like 420 pounds to the average family’s shopping bill.

But agricultural prices have increased some 40 percent over the past year and oil prices have doubled — is it really going to make much difference if we start paying less attention to sell-by dates?

June 17th, 2008

Are you feeling the pinch?

Posted by: Tim Castle

pounds-in-hand.jpgAnnual inflation has hit 3.3 percent, its highest level since the Bank of England was given control of interest rates 11 years ago.

But for many their personal inflation rate will be much higher, depending on where they live, and how much of their income is devoted to basics like food and energy costs.

How are rising prices affecting you - have you barely noticed any change, or are you seriously cutting back?

May 9th, 2008

Ramsay’s latest rant. A hot topic or just hot air?

Posted by: Michael Holden

gordonramsay.jpgChef Gordon Ramsay is never shy of courting controversy and he is back in the headlines again calling for restaurants to be fined if they sell out-of-season vegetables or fruit.

You could forgive the public for being confused when it comes to knowing where to eat, where to shop and what to buy.

Almost daily we are bombarded with conflicting information about whether food is healthy or not, or good or bad for the environment. For example, some groups say supermarkets should not give out free plastic bags (this week Marks and Spencer brought in a 5p charge), while other stores, such as Sainsbury’s say that is not the answer and will not bring lasting benefit to the environment.

Ramsay’s latest target is food flown in from abroad. “I don’t want to see asparagus in the middle of December,” he says. Most people over 30 can probably remember when a strawberry would never have been seen except during the British summer and the celebrity chef would like to see a return to the culture of eating home-grown produce.

What’s more, environmentalists argue that it is better for the planet, as according to the Department for Food and Rural Affairs, air freight emits more greenhouse gases per food mile than any other form of transport.

Ah, but what about the farmers in some of the poorest countries in the world who are producing the food for our supermarkets? That trade is vital to their wellbeing, with a million farmers and their families in Africa depending on it, according to the Department for International Development.

What’s more DFID says driving six and half miles to buy your shopping emits more carbon than flying a pack of Kenyan green beans to the UK. “Do we, in rich countries, help poor countries to trade their way out of poverty by buying their exports, or do we say no to air-freighting and buy local produce instead?,” DFID asks.

But then the champions of organic food, the Soil Association, argue that DFID has got it wrong and the government is being irresponsible.

So, is Ramsay just serving up a hot topic to help publicise his new TV show? Or is he right, and restaurants should be forced to use local produce?
Send us your comments

April 23rd, 2008

Wednesday’s front pages

Posted by: Avril Ormsby

indycut2.jpgThe crucial poll win in Pennsylvania by US presidential hopeful Hillary Clinton came too late for many newspapers, who predominantly went instead with rising food prices and fears for a missing boy in Wednesday’s headlines.

THE INDEPENDENT: The Chilling Message From Zimbabwe’s Church Leaders

The paper runs a dramatic quote in red and black letters which says: “If nothing is done to help the people of Zimbabwe, we shall soon be witnessing genocide similar to that in Kenya and Rwanda.” Story here.

DAILY MIRROR: The Lost Boy

Fears were mounting for a vanished disabled boy whose devoted mother was found dead in woods near her home in Worcester. Story here.

DAILY MAIL: The Petrol “Profiteers”

Consumer groups accused petrol firms of profiteering after raising prices by up to 5p a litre in 48 hours, ahead of a planned strike at Grangemouth refinery, the paper said. Story here.

THE GUARDIAN: 1bln Pounds Package Would End Tax Row, Say Rebels

Frank Field, the architect of Labour’s 10p tax rebellion, said ministers must provide up to 1bln pounds in compensation for those affected by the changes before local elections next week, if they are to defuse the row, the paper said. But he insisted he did not want to bring the government to its knees. Story here.

DAILY EXPRESS: Shopping Bill Up 15 Pounds a Week

Soaring food costs are adding 15 pounds a week to supermarket shopping bills, research showed, in the latest hammer blow to hard-pressed family budgets, the paper said. Story here.

THE SUN: Wills Gets Chopper Out at Sandringham

The paper claims an exclusive on Prince William, who recently received his flying wings, taking another joyride in an RAF helicopter — this time over the Queen’s Sandringham home. The paper had earlier said he had landed a helicopter in the garden of his girlfriend. Story here.

THE DAILY TELEGRAPH: 800 Pounds-a-Year Rise in Family Grocery Bill

The paper used the same research on food prices to say families are having to spend almost 800 pounds more on their annual grocery bills as the highest rate of food inflation for a generation drives up supermarket prices. Story here.

THE TIMES: Era of Cheap Food Ends as Prices Surge

Experts warn the prices of basic foods will rise steeply again because of acute shortages in commodity markets, the paper said. Story here.

THE FINANCIAL TIMES: RBS Chief Faces Calls to Name Exit Date

Sir Fred Goodwin faces demands from leading investors to step down as chief executive of Royal Bank of Scotland within a year after the bank launched a 12 bln pounds rights issue, the paper said. Story here.