Breaking News on the Food and Drink Manufacturing Sector

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Sir Ken loses £167M as Morrisons’ shares plummet

Sir Ken Morrison, former boss of Morrisons, has lost £167M in the past year as the value of the shares he holds in the business has dropped, according to The Sunday Times.

Morrisons reported a huge drop in pre-tax profit in the year to February 1
Good Week, Bad Week

New Anglo-American partnership leads Good Week/Bad Week

A new partnership between the Institute of Food Science and Technology (IFST) and its American counterpart – the Institute of Food Technologists – leads the selection of good and bad news from the past seven days in a special edition of Good Week/ Bad Week filmed at the IFST’s spring conference.

General Mills first client at Port Salford hub

General Mills has become the first client to sign up to use supply chain firm Culina Group’s 26,000m2 Port Salford tri-modal logistics facility.

Food overtakes celebrity on young people’s agenda

Food is more important than celebrities and fashion for younger consumers, but the sector has yet to take advantage of its growing audience, new research has claimed.

News in brief

New Britain Oils invests £250,000 in bakery

New Britain Oils (NBO) has pumped £250,000 into its bakery division and created several key roles in a bid to bolster its sales in the sector.

Loch Duart Smokehouse halts Outer Hebrides ops

Scottish salmon farmer Loch Duart has halted operations at the Outer Hebrides smokehouse it bought in 2008.

Top 6 secrets for successful horizon scanning

It is vital more food and drink firms use horizon scanning to put in place robust measures to protect themselves against avoidable food safety threats in the future.

800 Sainsbury job cuts ‘concerning’

Sainsbury’s proposals to cut 800 jobs across some of its stores to save £500M have left trades union officials concerned.

Sainsbury to axe 800 jobs and save £500M

Sainsbury will cut 800 jobs in a store-management restructure to save £500M over the next three years.

Tesco supply cull hits jobs at Rachel’s

Rachel’s is facing job losses as a result of the organic dairy producer losing a contract with Tesco amid the multiple’s drive to cull 30% of its stock keeping units (SKUs).

Holland & Barrett to open 50 ‘free-from’ stores

Holland & Barrett aims to launch 50 ‘free-from’ food stores over the next two years, with the first new concept outlet, dubbed ‘More’, opening its doors in Chester today (April 23).

Food science gets transatlantic partnership boost

Sharing the latest information on food science and technology is the aim of a new transatlantic partnership forged between the Institute of Food Science & Technology (IFST) and the US Institute of Food Technologists (IFT).

Supermarkets ‘right to fight’ super complaint

Supermarkets should defend themselves against the ‘super-complaint’ issued by consumer group Which? following an investigation into apparently misleading supermarket pricing practices.

Quality Pork’s Brechin abattoir ready by year end

The expansion of Quality Pork Limited’s (QPL’s) Brechin abattoir is set to be completed towards the end of this year, following a £2.7M investment by the Scottish government.

Record 1M people forced to use foodbanks

A record 1M people received at least three days’ emergency food aid from Trussell Trust foodbanks in the past 12 months, according to data released by the charity.

Voakes Free From pork pie wins top award

Voakes Free From nailed the top prize at the FreeFrom Food Awards 2015 for its Traditional Raised Pork Pie.

News in brief

Coca-Cola deal boosts Nichols Dispense in Scotland

Nichols Dispense Scotland is more than doubling capacity by launching a depot in Stirling off the back of the major distribution deal with soft drinks giant Coca-Cola.