Coffee prices have surged 300% over two years and are expected to continue rising due to climate issues affecting key producers, financial speculation, trade blockages, and tariffs in the U.S. Additionally, new EU regulations may increase costs. Major Italian coffee companies are likely to raise prices further to cope with margin erosion.
SUGARY DRINKS LEVY IN THE UK TIGHTENED
The UK Government plans to expand the Soft Drinks Industry Levy to include sugary milk and plant-based drinks, lowering the sugar threshold from 5.0g to 4.5g per 100ml effective January 1, 2028. This initiative aims to combat childhood obesity, addressing significant health issues and the associated financial burden on the NHS.