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Breaking News on the Food and Drink Manufacturing Sector

Top Headlines

Tesco results provoke sharp reaction from analysts

Tesco’s bleak third-quarter results – posting a 92% fall in pre-tax profits to £112M and news of the chairman’s decision to quit – have provoked a predictably acerbic reaction from City and retail analysts.

Reaction to Tesco's dire trading results included phrases such as 'dagger throught the heart' and 'rudderless ship'
Tesco in crisis

Tesco chairman to quit as pre-tax profit falls 90%

Tesco chairman Sir Richard Broadbent is to quit the business, as the troubled retailer admitted overstating first half profits by £263M and posted pre-tax profits more than 90% down.

Premier Foods’s branded sales dip in third quarter

Premier Foods saw branded value sales fall in its third financial quarter (Q3) as the maker of Mr Kipling cakes and Ambrosia desserts was stung by supermarkets losing share to discounters.

Diageo Scotland fined £18k after falls cause injuries

Drinks company Diageo Scotland has been fined for safety failings after two workers were injured in falls at separate plants in Moray.

Foodmanjobs redesign makes job hunting easy

It’s now even easier for readers to find their ideal food manufacturing jobs and for manufacturers to find their ideal candidates following the redesign of Foodmanjobs.

Cranswick’s Benson Park deal praised by analyst

Cranswick’s purchase of cooked poultry firm Benson Park has been praised by a leading food industry analyst as a ‘sensible’ move fulfilling aims to break into new areas of protein.

Bombay Sapphire – the journey of gin

The origins of Bombay Sapphire gin date back to 1761, when Thomas Dakin developed a novel recipe for gin.

Top seven food and drink trends for 2014: Waitrose

The influence of technology and social media on the nation’s diet is the top of seven key food and drink trends, identified by posh retailer Waitrose this year, based on millions of purchases in shops and online.

Big four should hit discounters with c-stores

The big four retailers should launch more convenience stores on the doorstep of their rival discounters to fight the competition, according to a leading professor from Aston Business School.

Food safety conference

Death, pathogens and managing risk – Food safety conference in quotes

Killer bugs and ways to spot and manage food safety risks were some of the topics discussed by speakers at Food Manufacture Group’s Food safety conference last week (October 15).

R&R Ice Cream tops mid-market private food firms

R&R Ice Cream is the top mid-market private food processor in the UK by sales, according to the 10th annual Sunday Times Grant Thornton Top Track 250 list.

Food safety conference

Supply chain relationships ‘need more work’

Relationships along the food supply chain need more work, according to Professor Colin Dennis, chair of the food safety conference.

Sugar alternatives aren’t always better for health

A backlash against sugar and sugary foods has driven consumers towards ‘natural’ alternatives, but they can be just as bad for health, experts have warned.

Spotlight

Top food manufacturer delivers ‘truly awful’ stock performance

Premier Foods delivers ‘awful’ stock performance

Premier Foods has delivered “a truly awful 2014 stock performance”, despite making solid restructuring progress, said City...

Chocolate giant increases pressure on factory workers

Heat is on for 1,000 Cadbury Bournville plant staff

Mondelēz International has stepped up the pressure on the 1,000 factory workers at its Cadbury Bournville site,...

Ebola unlikely to be caught from food
Food safety conference

Food industry must quell Ebola fears

The UK food and drink industry must communicate to the public that the risk of people contracting...

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