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Easter eggs are more expensive this festive season

Published

1 year ago

March 28, 2023

ticker NEWS

Easter eggs come at a higher cost this year following a surge in the cost of sugar right around the world

A surge in the cost of sugar right around the world is being blamed for a rise in the price of chocolate eggs and hot cross buns as the Easter weekend approaches.

Figures from global food markets show the main ingredients of the festive treats – butter, eggs, cocoa and sugar – have surged, with sugar at a six-year high.

The British Retail Consortium says consumers will be left with a “sour taste” if they expect chocolate Easter bunnies to be available at discount prices.

Annual food inflation overall hit a record 15 per cent in March.

Thankfully, the sugar price spike is likely to be temporary.

It follows a bumper harvest on Brazilian sugar plantations in recent months.

Helen Dickinson is the chief executive of the BRC and says shop prices are likely to continue rising for a few months before they peak.

“As Easter approaches, the rising cost of sugar coupled with high manufacturing costs left some customers with a sour taste, as price rises for chocolate, sweets and fizzy drinks increased in March.”

“Fruit and vegetable prices also rose as poor harvests in Europe and north Africa worsened availability, and imports became more expensive due to the weakening pound.” #trending #featured

News

Why Australia is becoming the new home of the Hollywood blockbuster

Published

2 days ago

May 17, 2024

Nathan Langridge

Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.

The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.

The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.

Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.

Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured

News

Portal between countries shut down after international flashing

Published

2 days ago

May 17, 2024

Nathan Langridge

An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

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U.S. home prices surge 47%

Published

3 days ago

May 17, 2024

ticker NEWS

American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending