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Headlines > Business News

AG Barr builds on growth with Snapple deal

AG Barr’s Strathmore Water brand proved a powerhouse of growth for the maker of soft drinks brands including Irn-Bru, Rockstar and Rubicon in the first half of its financial year....

Food exports rise in first half but Scotch whisky falls

Food and non-alcoholic drink exports climbed by 4.8% to reach £6.5bn in the first half of this year but Scotch exports sank by 11% to £1.77bn over the same period.

Tesco admits embarrassing financial error

Analysts have been left “flabbergasted” by Tesco’s admission that it may have overstated its expected half-year profit by as much as £250M in an interim statement last month.

Dairy Crest wins analyst’s praise for positive half-year

Dairy Crest has won praise from a leading food industry analyst for the “solid performance” of Cathedral City, Country Life, Clover and Frijj, announced in a pre-close trading update.

Whisky body welcomes stability of Scottish referendum result

The Scottish Whisky Association (SWA) has welcomed the “stability” brought by the vote for Scotland to stay in the UK.

Supermarkets target fresh food to fight discounters

Fresh food is the first battleground as traditional supermarkets such as Tesco and Sainsbury fight against stiff competition from discounters Aldi and Lidl, according to a leading food analyst.

News in brief

Cut business costs – join free energy webinar today

Food and drink manufacturers can pick the brains of experts to get free, detailed advice about how to save their energy bills at a webinar set to go live at...

Scots economic confidence ‘plunges’ ahead of referendum

The confidence of Scots in their economic future has plunged to its lowest level in more than a year, ahead of tomorrow’s independence referendum, according to retail research consultant Conlumino....

Diageo backs £10M fund for distillers

New and growing distillers could draw on a £10M fund to help their businesses grow, thanks to an initiative backed by spirits giant Diageo.

Bingham and Jones reveal £10M savings for supermarket

Ready meal industry mavericks Jonny Bingham and David Jones have claimed they can save one retailer up to £10M in food waste with a new chilled ready meal format.

Premier Foods launches three new business units

Premier Foods has launched three new ‘Strategic Business Units’ (SBU’s) in a bid to strengthen its focus on major growth opportunities and develop more agile ways of working.

Mash Direct adds 40 workers

Mash Direct has recruited 37 staff in the past year and aims to dramatically increase turnover and target further business wins following a new ready meal contract with Asda.

Premier Foods’s rejig may alter little, says expert

Premier Foods’s creation of three strategic business units (SBUs) may change little, as the company still faces major challenges if it is to progress, according to one industry expert.

Food and drink in an independent Scotland – in pictures

Thousands of Scots will vote for or against Scottish independence this Thursday (September 18), but how do some of the UK’s biggest food and drink firms think independence will affect...

Hilton Food hits delay with Tesco contract

Hilton Food Group has hit a speed bump in its drive to boost supply volumes with Tesco after announcing a deal to grow that business, according to analysts.

Greggs’s sales boost impresses City

High-street baker Greggs has wowed City analysts after it reported own shop, like-for-like sales up by 5.4% for the 11 weeks to September 13, compared with a 1% fall for...

Heck’s £1M investment to boost sales

Premium sausage manufacturer Heck Foods has received £1M of investment from the equity firm Panoramic Growth Equity.

FDF launches export promotion drive

The Food and Drink Federation (FDF) has launched a month of activity with online export community Open to Export, designed to boost small and medium-sized food and drink company exports.

Supermarkets: prices will rise if Scotland votes yes

A yes vote in next week’s independence referendum will result in higher food prices in Scotland, two leading retail bosses warned yesterday (September 11).

UK brewers drink to bumper year

The UK saw 170 breweries spring up in the past 12 months, a figure driven by small independent brewers, according to the Campaign for Real Ale’s (CAMRA’s) Good Beer Guide 2015.

Glanbia buys sports nutrition firm Isopure for £94M

Glanbia has agreed to acquire US sports nutrition business The Isopure Company for $153M (£94.1M).

Morrisons’ interim results: past year’s challenges

Morrisons’ year in pictures

After Morrisons revealed a 30% drop in first-half profits today (September 11), we look back at the challenges and some of the successes faced by the business in the past year.

Morrisons’ interim results: analysts react

Morrisons progress in limbo, say analysts

Morrisons’ business strategy is balanced on a knife edge, with financial experts divided over its merits.

Morrisons' interim results

Morrisons results reveal supermarket price war wounds

Morrisons has revealed half-year profits down by more than 30%, as the retailer battled sharper competition from discount stores.

Thorntons boosts jobs and production

Thorntons has massively boosted profits, driven partly by increased output and efficiency in production, supported by 59 new manufacturing jobs.