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Inside food & drink manufacturing

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Brexit isn’t a threat say food firms, as shopper confidence falls

Brexit poses no threat to businesses, believes 74% of manufacturers, including food and drink firms, while consumer confidence dropped to a six-month low.

Scottish government in £3M supply chain boost

A £3M local supply chain project has been launched to help Scottish food and drink firms build connections with suppliers, processors and retailers, the Scottish government revealed on St Andrews...

Chaucer acquired by Japanese firm in £95M deal

Food ingredients manufacturer Chaucer has been acquired by a Japanese instant food producer and distributor, in a deal worth more than $120M (£95.4M).

Biscuit manufacturer creates 40 jobs

Up to 40 jobs have been created at a biscuit manufacturer in Gateshead, after the company’s new £1.2M bake oven and production line became fully operational.

Tesco’s top Christmas food trends get euro flavour

Consumers are set to embrace European food traditions this festive season, with demand doubling in the past three years, according to Britain’s biggest retailer.

News in brief

Ferrero close to sealing United Biscuits deal

Nutella and chocolate maker Ferrero is close to sealing a deal to buy two biscuit brands from United Biscuits, the manufacturer has confirmed.

Sweet results for Britvic focusing on low sugar drinks

Soft drinks firm Britvic reported a 10.1% rise in annual sales revenue to £1.43bn, boosted by growth in its no and low sugar drinks, as the manufacturer strived to reduce...

Food manufacturers face ‘four key challenges’

Food manufacturers face four key challenges – with the need to boost productivity topping the list – according to Tim Render, director of food and farming, at the Department for...

Turners sale saves bacon jobs after Brexit woes

The sale of a West Midlands bacon producer has saved the jobs of 13 employees, after the company entered liquidation last week – partly due to rising costs caused by...

Cranswick profits rise 38% after ‘superior growth’

Meat processor Cranswick reported a 38% rise in profits before tax to £40.4M in its half-year statement for the six months to September 30, as it continued its period of “superior...

Multimillion pound malt factory to create jobs

A malt processor which supplies the whisky industry could create new jobs, following the submission of plans for a new factory in Yorkshire.

Food park could create 1k jobs

Up to 1,000 food and drink jobs could be created in Pembrokeshire, after plans were unveiled for a new food park.

BRC Global Standards acquired by LGC

Scientific testing specialist LGC Group has acquired a majority share in food safety and quality standards programme provider BRC Global Standards, for an undisclosed sum.

Coca-Cola Scottish factory gets £2.3M investment

Coca-Cola European Partners (CCEP) has invested £2.3M in its Scottish operations this year, funding the development of a new water treatment plant at its East Kilbride site.

Ginsters wins training scheme award

Ginsters was one of the 34 organisations – including food and drink manufacturers – commended for their commitment to training in The Princess Royal Training Award.

Autumn statement

National Living Wage rise is ‘another headache’

The rise in the National Living Wage for over 25s, from £7.20 per hour to £7.50 per hour, could cause “another headache for food and drink manufacturers,” warns law firm Gordons....

Autumn Statement

Autumn Statement gets mixed reception from food and logistics sectors

Chancellor Philip Hammond’s first Autumn Statement drew a mixed reception from the food and drink manufacturing and logistics sectors, with praise for the doubling of export finance capacity to support...

Manufacturers to ‘absorb extra costs … but something has to give’

Food and drink manufacturers will absorb extra costs as far as they can, but most will reach a point where something has to give, warns Food and Drink Federation (FDF)...

Supermarket prices ‘to rise 5% in six months’: Justin King

Supermarket grocery prices are set to rise by at least 5% in the next six months, driven by a fall in the value of sterling, predicts former Sainsbury boss Justin King.

Finsbury Food’s bakery division sales fall 4%

UK bakery sales for Finsbury Food Group fell by 4% in the first four months of the new financial year, while its Overseas division reported sales up by 36.5%.

Non-EU food exports see significant growth

UK food and drink exports outside of the EU have seen significant growth in 2016 compared with last year, revealed a new report from the Food & Drink Exporters Association...

British beef exports to China, worth millions, move closer

New British beef exports to China – potentially worth millions of pounds – moved a step closer recently, after Chinese officials visited Britain to judge levels of animal welfare and...

Morrisons brings back Safeway brand

Morrisons is reviving the Safeway brand for a range of grocery products for wholesale to independent retailers, the supermarket announced this week (November 22).

Autumn statement

Food sector may get £7bn boost from VAT cut

The food and drink sector could be £7bn better off, if the chancellor cuts VAT in this week’s Autumn Statement, claims NFU Mutual, as Prime Minister Theresa May revealed today...

Tesco will delist suppliers if prices rise unnecessarily

Tesco’s chief executive has warned its food and drink suppliers that the supermarket will delist their products if they try to raise prices “without a justified reason”.

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