Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Business > Crunch time in Britain as even beloved crisps in short supply
    Business

    Crunch time in Britain as even beloved crisps in short supply

    Crunch time in Britain as even beloved crisps in short supply

    Published by maria gbaf

    Posted on November 8, 2021

    Featured image for article about Business

    By James Davey and Victor Jack

    LONDON (Reuters) – In Britain, there is even a shortage of crunch.

    After enduring panic buying at the fuel pumps and soaring heating prices, the British must now brave a new shortage: crisps, or potato chips, one of the country’s favourite snacks.

    Crisp shelves in supermarkets and shops across the land have been left bare after an IT system upgrade at Walkers, Britain’s biggest producer. The deficit could last weeks.

    Walkers, owned by PepsiCo, said although issues around the system upgrade had been fixed, factories will not ramp up to close to full production until towards the end of November, meaning reduced volume and range at retailers.

    “A recent IT system upgrade has disrupted the supply of some of our products. Our sites are still making crisps and snacks but at a reduced scale,” said a spokesperson for Walkers, which is based in Leicester, central England.

    “We’re doing everything we can to increase production and get people’s favourites back on shelves. We’re very sorry for the inconvenience caused.”

    Walkers is prioritising production of its most popular crisps flavours, including Cheese & Onion, Ready Salted and Salt & Vinegar, as well as Quavers and Wotsits from its snacks range.

    But shortages of Walkers crisps have pushed consumers to buy other brands, thus emptying shelves in a year that has seen supply chains strained by a post-Brexit shortage of truck drivers and the global supply hiccups caused by COVID.

    In August, McDonald’s pulled milkshakes and bottled drinks from its menu, and fellow fast food chain Nando’s shut around 50 sites due to staffing shortages in its chicken supply chain.

    THE CRISP

    Crisps are one of Britain’s favourite snacks, popped into packed lunches for children, gobbled alongside pints in pubs, or eaten semi-secretly on sofas as a condiment to television drama.

    The British gorged on such quantities of snacks during COVID-19 lockdowns that the government sponsored advertisements beseeching people to eat more healthily.

    On average people in Britain eat around two 25-gram bags of potato crisps per week, and 141,000 metric tonnes of crisps are sold each year in the country, according to data from market researcher Kantar.

    “I’m upset: now I have to go out shopping again,” said Carole Moore, a 69-year old pensioner from Plaistow, east London, who was searching for crisps on an empty aisle at Tesco, Britain’s biggest supermarket group.

    Moore, shopping for a bonfire night party of 22 people, was unable to find any multipacks of her favourite Prawn Cocktail and Salt & Vinegar crisps at the Tesco superstore in Beckton.

    The invention of crisps in the early 19th century is a subject of historical dispute, with various legends and claimants on both sides of the Atlantic.

    By the 20th century, crisps had become big business. Walkers was founded in 1948 in Leicester by a local butcher who switched to crisps from meat due to post-World War Two rationing.

    The UK market value of crisps, popcorn, nuts and other savoury snacks rose 13.1% to 3.8 billion pounds ($5.1 billion) in the year to Dec. 27, 2020, says Kantar.

    ($1 = 0.7443 pounds)

    (Writing by James Davey, Paul Sandle and Guy Faulconbridge; Editing by Jan Harvey)

    By James Davey and Victor Jack

    LONDON (Reuters) – In Britain, there is even a shortage of crunch.

    After enduring panic buying at the fuel pumps and soaring heating prices, the British must now brave a new shortage: crisps, or potato chips, one of the country’s favourite snacks.

    Crisp shelves in supermarkets and shops across the land have been left bare after an IT system upgrade at Walkers, Britain’s biggest producer. The deficit could last weeks.

    Walkers, owned by PepsiCo, said although issues around the system upgrade had been fixed, factories will not ramp up to close to full production until towards the end of November, meaning reduced volume and range at retailers.

    “A recent IT system upgrade has disrupted the supply of some of our products. Our sites are still making crisps and snacks but at a reduced scale,” said a spokesperson for Walkers, which is based in Leicester, central England.

    “We’re doing everything we can to increase production and get people’s favourites back on shelves. We’re very sorry for the inconvenience caused.”

    Walkers is prioritising production of its most popular crisps flavours, including Cheese & Onion, Ready Salted and Salt & Vinegar, as well as Quavers and Wotsits from its snacks range.

    But shortages of Walkers crisps have pushed consumers to buy other brands, thus emptying shelves in a year that has seen supply chains strained by a post-Brexit shortage of truck drivers and the global supply hiccups caused by COVID.

    In August, McDonald’s pulled milkshakes and bottled drinks from its menu, and fellow fast food chain Nando’s shut around 50 sites due to staffing shortages in its chicken supply chain.

    THE CRISP

    Crisps are one of Britain’s favourite snacks, popped into packed lunches for children, gobbled alongside pints in pubs, or eaten semi-secretly on sofas as a condiment to television drama.

    The British gorged on such quantities of snacks during COVID-19 lockdowns that the government sponsored advertisements beseeching people to eat more healthily.

    On average people in Britain eat around two 25-gram bags of potato crisps per week, and 141,000 metric tonnes of crisps are sold each year in the country, according to data from market researcher Kantar.

    “I’m upset: now I have to go out shopping again,” said Carole Moore, a 69-year old pensioner from Plaistow, east London, who was searching for crisps on an empty aisle at Tesco, Britain’s biggest supermarket group.

    Moore, shopping for a bonfire night party of 22 people, was unable to find any multipacks of her favourite Prawn Cocktail and Salt & Vinegar crisps at the Tesco superstore in Beckton.

    The invention of crisps in the early 19th century is a subject of historical dispute, with various legends and claimants on both sides of the Atlantic.

    By the 20th century, crisps had become big business. Walkers was founded in 1948 in Leicester by a local butcher who switched to crisps from meat due to post-World War Two rationing.

    The UK market value of crisps, popcorn, nuts and other savoury snacks rose 13.1% to 3.8 billion pounds ($5.1 billion) in the year to Dec. 27, 2020, says Kantar.

    ($1 = 0.7443 pounds)

    (Writing by James Davey, Paul Sandle and Guy Faulconbridge; Editing by Jan Harvey)

    Related Posts
    Five questions to ask before stepping into Employee Ownership
    Five questions to ask before stepping into Employee Ownership
    Cybersecurity as a Profit Engine: Turning Financial Services Security into Measurable Business Value
    Cybersecurity as a Profit Engine: Turning Financial Services Security into Measurable Business Value
    How Investability Helps Companies Navigate Transformational Times
    How Investability Helps Companies Navigate Transformational Times
    88% of UK and US organisations concerned about state-sponsored cyber attacks as national threat levels surge, IO research reveals
    88% of UK and US organisations concerned about state-sponsored cyber attacks as national threat levels surge, IO research reveals
    One in three SME leaders do not fully understand cash flow, despite 82% facing cash flow problems
    One in three SME leaders do not fully understand cash flow, despite 82% facing cash flow problems
    Inside the Company that Predicted the Remote Work Mega-Trend Before It Became Mainstream
    Inside the Company that Predicted the Remote Work Mega-Trend Before It Became Mainstream
    SEO Consultant Adrian Czarnoleski on How to Increase Business Value Before Exit
    SEO Consultant Adrian Czarnoleski on How to Increase Business Value Before Exit
    No SOC 2, No Deal: Why You’re Already Losing Clients - and What You Can Do About It
    No SOC 2, No Deal: Why You’re Already Losing Clients - and What You Can Do About It
    Jose Tolosa Guides Organizations Forward with Clarity, Purpose, and Integrity
    Jose Tolosa Guides Organizations Forward with Clarity, Purpose, and Integrity
    Reducing Freight Costs to Drive Global Trade Expansion
    Reducing Freight Costs to Drive Global Trade Expansion
    The Psychology of Music in the Modern Workplace
    The Psychology of Music in the Modern Workplace
    Revealed: Low-Cost/No-Cost Marketing Hacks For Results Oriented Businesses
    Revealed: Low-Cost/No-Cost Marketing Hacks For Results Oriented Businesses

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Business

    Explore more articles in the Business category

    Finance teams still stuck in spreadsheets as manual processes stall digital transformation

    Finance teams still stuck in spreadsheets as manual processes stall digital transformation

    The Future of Remote & Hybrid Leadership: Leading With Data-Driven Foresight

    The Future of Remote & Hybrid Leadership: Leading With Data-Driven Foresight

    2025-2030: The Next Technological Innovations for Business

    2025-2030: The Next Technological Innovations for Business

    The CFO’s New Playbook: 5 Ways AI Is Redefining Finance with Insights from Rishi Oberoi

    The CFO’s New Playbook: 5 Ways AI Is Redefining Finance with Insights from Rishi Oberoi

    Revolutionizing Payments: Secure, Scalable, Sovereign

    Revolutionizing Payments: Secure, Scalable, Sovereign

    Why Trademark Abuse in Paid Search Is a Growing Risk for Financial Institutions

    Why Trademark Abuse in Paid Search Is a Growing Risk for Financial Institutions

    E-commerce Customer Service: Tips

    E-commerce Customer Service: Tips

    When to Automate Your Warehouse: The Tipping Point for Operations Growth

    When to Automate Your Warehouse: The Tipping Point for Operations Growth

    Hurt at Work? 5 Financial Facts You Need to Know

    Hurt at Work? 5 Financial Facts You Need to Know

    Against the Odds: Resilience in Consumer Subsectors Offers Prime Opportunities for Investors

    Against the Odds: Resilience in Consumer Subsectors Offers Prime Opportunities for Investors

    Empower Your Workforce With Financial Wellness This Labor Day

    Empower Your Workforce With Financial Wellness This Labor Day

    Build a brand that stands out with five simple strategies, from defining your UVP to using storytelling and building loyalty. Find out more.

    Build a brand that stands out with five simple strategies, from defining your UVP to using storytelling and building loyalty. Find out more.

    View All Business Posts
    Previous Business PostScor looks to build property & casualty business to 60% of total-CEO
    Next Business PostTrans-Atlantic travel restart means the world to Virgin Atlantic, says boss