Food companies hit by Trump administration’s cuts to benefits
US consumer demand drops after households lose access to federal Snap subsidy programme
US consumer demand drops after households lose access to federal Snap subsidy programme

Inflation, anti-obesity drugs and a processed foods backlash have driven consumers from the snack aisles

Billions in ‘Snap’ nutritional assistance programme benefits are stalled despite court orders

Spectre of another surge in inflation leaves struggling consumer goods groups with difficult decisions

Brussels cuts number of companies forced to comply and removes clause on climate plans for business

Americans are increasingly eating at home as they fret about job security and stubbornly high prices

Industry insiders expect increasing clarity on trade policy, rates and the economy to unleash wave of M&A