SUBSCRIBE

Breaking News on Food Marketing and Retailing

Headlines > Retail

Read more breaking news

 

 

WDM campaign supports food speculation controls in Europe

03-Feb-2011
Last updated on 04-Feb-2011 at 12:31 GMT

WDM campaign supports food speculation controls in Europe
WDM campaign supports food speculation controls in Europe
Loading...

A campaign is in full flight to build public support for European curbs on excessive food commodity speculation and prevent US over-the-counter traders moving to ‘light touch Europe’.

Speaking outside the Food Justice conference in London this week, World Development Movement (WDM) campaigner Heidi Chow said that historical controls on over-the-counter trading (OTC), put in place in the 1930s, have been eroded by financial lobbyists. Secretive OTC trading is understood to be one of the reasons behind the 2007/8 food price crisis, along with other factors.

The implementation details of the US Dodd-Franck Wall Street Reform and the European Commission is consulting over parallel moves. However the UK has traditionally veered away from regulation, and there is concern that crucial UK votes against it could stand in the way of an EU move. Chow explained that if the European Commission does not regulate in parallel, OTC traders from the US may flee to “light touch Europe”.

The WDM campaign is aiming to build up public pressure to get the UK government behind the European moves.

More information on the WDM campaign is available here .

NPD category busters: From ‘Teagurt’ to coffee fruit energy to Milo expansion

NPD category busters: From ‘Teagurt’ to coffee fruit energy to Milo expansion

Jane Barnett

Insights manager for Australia-New Zealand, south east Asia and India,...

Rise in demand for products with added proteins: expert

‘Weekend warriors’ drive added protein demand

Weekend fitness fanatics are driving the demand for more mainstream food and drink products,...

UK researcher backs supplements for omega-3 intakes

UK researcher backs supplements for boosting omega-3 intakes

Philip Calder

Professor, University of Southamption

GM camelina matches fish oil omega-3 levels

The road to fish-oil equivalent GM camelina

Rothamsted Research has achieved omega-3 levels comparable to fish oil in its first GM...

Thins in packaged bread could spark growth, Mintel

Can ‘thins’ save a dwindling packaged bread sector?

‘Thins’ have taken off in the US and Canada with bread, bagel and even...

All diets work if you stick to them: Research

Little difference between diets, it's the sticking that counts: Research

Dr Bradley Johnston

senior scientist, the Hospital for Sick Children's Research Institute

Bread innovation needed amid carb, additive backlash: Mintel

Additives and carb backlash stumps bread innovation, says Mintel

Stephanie Pauk and Pam Yates

Analysts, Mintel

Mooted novel food changes will open exotic fruit doors in EU

Mooted novel food changes will open exotic fruit doors in EU

Dr John Wilkinson

Consultant and EU Novel Foods expert

Snacks and candy blur: NPD and retail fueling, says NCA

Is that a snack or a candy? ‘It’s so blurred now’, says NCA president

Snacks and confectionery have truly blurred from a product perspective and retail slant, says...

EU-backed metabolic syndrome project has health claim wins in sight

EU-backed metabolic syndrome project has health claim wins in sight

Nick Henson

Associate director, International Food Network (IFN)

‘Wine world is under attack, and needs to up its game’, Wine Economist

‘The wine world is under attack, and it needs to up its game’, Wine Economist Mike Veseth

Eminent wine writer and economist Mike Veseth warns that the wine world needs to...

Step change for environmental initiatives

Step change in food firms’ environmental initiatives

Food and drink manufacturers are transforming their impact on the environment and the entries...

Tesco soft drinks buyer warns brands PowerPoint can be painful

'PowerPoint can be painful!’ Tesco soft drinks buyer warns entrepreneurs

The head of Tesco’s soft drinks buying team David Beardmore has urged aspiring brands...

Breakfast cereal decline: Mintel talks opportunities, challenges

Crunch time: Is breakfast cereal doomed to sink?

The global breakfast cereal market faces increasing competition as consumers turn to convenient alternatives,...

Beauty chocolate: Astaxanthin in functional confectionery

Beauty chocolate: Algatechnologies touts red seaweed for functional confectionery

Efrat Kat

Director of marketing and sales, Algatechnologies

Keeping it clean: 3 botanical chiefs pull adulteration weeds

Keeping it clean: 3 botanical chiefs pull adulteration weeds

Antoine Bily, Naturex global R&D director

Christian Artaria, Indena marketing director, Holger Riemensperger, Frutarom general manager,...

Functional confectionery: What does the future hold?

Which big player will be first on functional confectionery scene?

Adrian Sagman

Vice president of international sales and marketing, Carmit Candy

EU supplements sector presses on for EU botanical acceptance

EU supplements sector presses on for EU botanical acceptance

Alban Maggiar

Chairman, European Health Product manufacturers’ Association (EHPM)

Key Industry Events

 

Access all events listing

Our events, Events from partners...