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Tesco boss apologises to suppliers for past mistakes

Tesco boss Dave Lewis has said sorry to the retail giant’s suppliers, together with its customers and other stakeholders for “the bad choices of the past”, made in the relentless pursuit of...

AB InBev makes higher bid for rival SABMiller

The world’s largest brewer Anheuser-Busch (AB) InBev has made a higher bid for rival SABMiller in an attempt to create a mega-brewing giant.

Tesco posts 55% slump in first-half profit

Tesco has posted a 55% slump in first-half underlying profit to £354M from £779M last year, the day after its boss Dave Lewis pledged to standardise payments to its suppliers.

‘Good times roll’: Greggs's sales growth continues

High street baker Greggs posted own-shop like-for-like sales up 4.9% in “another strong” trading quarter, according to analyst N+1 Singer.

R&R and Nestlé in talks over ice cream joint venture

Europe’s biggest own-label ice cream manufacturer R&R has revealed partnership talks with food giant Nestlé.

Samworth Brothers buys sports nutrition firm

Samworth Brothers, the maker of Ginsters pasties, has acquired the owner of sports nutrition brand SCI-MX for an undisclosed sum.

Quorn snapped up by Filipino company for £550M

Quorn Foods has been sold to Filipino branded consumer goods company Monde Nissin for £550M, ending months of speculation.

Cranswick sales boost lifts share price

Meat supplier Cranswick’s shares climbed 6%, after the Hull-based firm posted 10% revenue growth to £481.5M, in the six months to September 30.

150 jobs saved: Kapak Foods bought out of administration

Food packing business Kapak Foods has been bought out of administration for an undisclosed sum, saving 150 jobs.

AB InBev ponders bid for SABMiller

The creation of a global mega-brewing giant worth around $275bn could be on the cards following news last month that Anheuser-Busch (AB) InBev was planning to make a bid for...

Aldi online launch seen as ‘major worry’: analyst

Aldi’s move into online shopping will be a “major worry” for other supermarkets offering home delivery, according to a leading analyst.

Tate & Lyle ordered to pay £18M in damages

Tate & Lyle plc has been ordered to pay £18M in damages to American Sugar Refining (ASR) by the Commercial Court in London after the US firm acquired its EU...

Amazon Fresh finally launches – in Birmingham

Amazon has chosen Birmingham as the long-awaited UK launch city for its Amazon Fresh food delivery business.

EU competition authority approves Moy Park sale

Moy Park’s sale to Brazilian meat processing giant JBS has been approved by the EU’s competition authority.

Real Good Food confident about Christmas trading

The Real Good Food Company (RGFC) is confident of a successful autumn and Christmas trading period, according to a trading update reported ahead of its annual general meeting (AGM) today...

Dairy Crest trading: ‘Cheese motors, spreads lag’

“Cheese motors, spreads lag” was the succinct summary given by one city analyst after Dairy Crest published its latest trading update today (September 22).

Finsbury profit up 76% after ‘transformational’ year

Finsbury Food Group has posted a 76% rise in profit before tax to £11.4M after a “transformational” year for the cake, bread and bakery goods manufacturer.

Morrisons ceo Potts invests £500,000 in shares

Morrisons ceo David Potts has invested £500,000 in the business, shortly after reaffirming the retailer’s commitment to food and drink manufacturing.

Lidl invests £9M in living wage pledge

Discount retailer Lidl is to invest £9M in paying its 17,000-strong UK workforce the living wage – the nation’s first supermarket to achieve the landmark.

Pubs to sell extra 25M pints during Rugby World Cup

The British beer and pub industry is expecting to sell an extra 25M pints during the Rugby World Cup, which begins tonight.

Cargill acquires Italian pectin plant

Food manufacturer Cargill has acquired FMC’s pectin plant in Sicily, Italy for an undisclosed amount in a bid to strengthen its texturising portfolio.

Leatherhead acquired by Science Group for £1.6M

Leatherhead Food Research has been bought out of administration by the Science Group for £1.6M in a move that will rid the organisation of its legacy pension deficit, the buyer...

Grimsby fish firm launches in Belgium

Fish processor Seachill has expanded its Saucy Fish Co brand into more than 800 Belgium supermarkets as part of its international growth strategy.

Morrisons’ profits plummet, as boss underlines faith in manufacturing

Morrisons has revealed a 47% plummet in half-year profits before tax to £126M plus plans to close 11 stores, affecting up to 900 jobs, as boss David Potts reaffirmed his faith in...

Karro Food Group posts first profit in years

Pork processor Karro Food Group has posted an operating profit of £8M, for the year ending December 31 2014, representing an £11M improvement on the previous year and the firm’s...