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Today's business and finance round up 4th April 2022

Cooking oil supplies run low

4th April 2022

Bite-sized business news from the UK and beyond

Good morning Congratulations to the Oxford men and Cambridge women rowing teams who won their respective races yesterday. 2022's Boat Race marked the return of the event to the Thames in London for the first time since 2019 because of the pandemic.

Today's stories

  • Cooking oil supplies run low

  • Amazon workers vote for first labour union

FOODCooking oil supplies run low

What’s going on?

Why is this important?

For the past few months, the supply of crude oil has made headlines but now oil of the cooking variety is taking the limelight.Ukraine and Russia supply 80% of the world's sunflower supply, and the conflict has caused serious disruption to imports to the UK.In response, manufacturers of foods that use the oil in production, are tweaking their recipes to make use of alternative ingredients. This means the taste of crisps, oven chips and biscuits could change.Springtime is usually when Ukrainian sunflower farmers sow seeds for harvest in October and November. But the war means this schedule has been disordered which will have knock on impacts for months and even years to come.

Zooming out

Other stories to keep you in the loop

ONLINEAmazon workers vote for first labour union

Stat of the day

The value of the UK video games market continued to grow in 2021, reaching a record high of £7.2bn

Interesting links from around the web

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