Inflation continues to hit ordinary Scots hard with the cost of food and fuel remaining "eye-wateringly high". The rate at which prices rise on average remained 8.7 per cent in May, the same as the previous month.
01.06.2023 - 13:07 / dailyrecord.co.uk
Earlier this year, the Royal Bank of Scotland welcomed back its annual Food and Drink Conference after a short hiatus and Kevin Havelock, the regional director of commercial mid-markets, reflects on the conference and the country's economic position over the past few years. The following words are from a statement issued by Kevin Havelock himself.
As regional director of commercial mid-markets at the Royal Bank of Scotland, I am thrilled to see the return of our annual Food and Drink Conference.
This event has been a longstanding highlight in our diaries, and we are delighted to have brought it back to Edinburgh after a brief pause.
The past few years have been turbulent for the sector, with challenges ranging from periods of lockdown, to export and supply chain issues. However, as we look to the future, it’s clear that the industry remains resilient and committed to driving growth.
This year’s conference gave us the opportunity to discuss the major barriers facing the sector, while also highlighting the crucial importance of moving towards more sustainable and ethical practices.
There’s been an undeniable shift in consumer preferences in recent years, and it’s evident that people now value a business’ environmental credentials more than ever before.
With customers using their purchasing power to make their opinions known, we have a responsibility to support Scotland’s food and drink sector as it makes strides to become as sustainable as possible.
At a macro level, the industry also boasts some of the nation’s biggest employers. Supporting the growth of the sector is not only beneficial to the economy as a whole but also delivers tangible benefits to the people working in communities across the length and breadth of the
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