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US expansion boosts revenues at Chaucer

Food ingredients manufacturer Chaucer posted a 17% rise in revenues and 20% growth in earnings over the past year, driven by expansion into the US.

Nestlé may raise prices after growth forecast cut

Nestlé may raise its product prices after cutting its annual growth forecast from 4.3% to 3.5%, due to deflation and a “softer” market.

Brexit could drive food firms offshore

Some manufacturers could relocate their operations overseas in whole or in part following the Brexit vote, a senior food industry consultant has suggested.

Kellogg strategy to focus on wholesale price-marked packs

Kellogg UK has big plans to grow its business within channels, such as the wholesale and convenience sectors, where price-marked packs (PMPs) will form a central part of the cereal,...

News in brief

Charlie Bigham’s doubles sales revenue in two years

Premium ready meals manufacturer Charlie Bigham’s has more than doubled sales revenue in two years, after posting a 35% growth in its full-year financial results to September 30 2016.

Dairy processor could cut more than 20 jobs

Arla Foods could axe up to 22 jobs at its Lockerbie factory, after it announced plans to move some of its butter operation to another site.

Food export plan to boost economy by £2.9bn

New government plans to boost food and drink exports could contribute £2.9bn to the UK economy, claimed environment secretary Andrea Leadsom.

Boparan’s Bernard Matthews deal probed by CMA

The acquisition of turkey processor Bernard Matthews by 2 Sisters Food Group owner Ranjit Boparan is under investigation by the Competition and Markets Authority (CMA).

Tulip announces appointments following restructure

Meat firm Tulip has announced two key senior management appointments and a rebrand of the company’s Added Value Division.

Branston in £5M factory expansion to reduce waste

Potato supplier Branston has partnered with Tesco to open a £5M extension of its Lincolnshire factory, which will be used to reduce food waste by peeling wonky spuds for mashed...

Kellogg UK jobs boost after German closure

Jobs at Kellogg’s two UK factories in Manchester and Wrexham have been made more secure after the cereal maker confirmed it was to close a plant in Germany to address...

Make food manufacturing ‘a sexy business’ to recruit staff

Bakers should do more to promote themselves as “sexy” to attract greater numbers into the sector, the boss of a Scottish pie and pastry maker has claimed.

Crisp maker Tyrrells to recruit for hundreds of jobs

Hundreds of new jobs will be created by premium crisp maker Tyrrells as the company plans to roll out its brand to the US, the firm’s md said.

Firms risk missing out on cheaper water rates

Food manufacturers in England that have yet to realise they can change their water supplier from next April risk missing out on lower prices and better service, according to a...

Foodservice an opportunity for manufacturers

Food and drink manufacturers could boost sales by targeting the £56.5bn foodservice market as more people eat outside the home, said Shore Capital’s head of research Clive Black.

Marmite row sparks union fears for workers

Food manufacturing workers and shoppers should not become “collateral damage” victims of the government’s “chaotic” handling of Brexit, claims the GMB and Unite unions, after Unilever and Tesco rowed over the price of Marmite...

Sainsbury rivals Fresh with delivery service

Sainsbury is to take on Amazon with a London-wide cycle courier service that aims to deliver to customers within an hour of placing their order.

Living Wage caused 7k food firms ‘financial distress’

Up to 7,803 UK food and drink manufacturers are now in a state of financial distress following the introduction of the National Living Wage, revealed insolvency firm Begbies Traynor.

Warm September causes Premier Foods sales fall

A warmer than average September has been blamed for a 5.4% fall in Premier Foods’s second quarter sales in the company’s trading update released today.

Boparan buys another food business

2 Sisters Food Group owner Ranjit Boparan has extended his food business empire with the acquisition of 33 Ed’s Easy Diner restaurants.

70% of food firms less confident since Brexit vote

Almost 70% of food and drink firms are less confident about UK business prospects than they were before the EU referendum, while many report some of their non-UK EU staff...

Free-range egg campaign calls for price premium

Almost 80% of UK shoppers are happy to pay a premium for free-range eggs, according to a survey by the Love Free Range Eggs campaign, adding to its calls for...

Meat and wine to become more expensive after Brexit: BRC

The British Retail Consortium (BRC) has warned that a hard Brexit – involving quitting the Single Market of 500M customers – would push the price of meat and wine up for consumers.

New snacks giant formed from £225M merger

Snack firms Kolak Food Snacks Ltd and Europe Snacks have merged to form a £225M (€250M) manufacturing business, which employs 1,400 people and produces more than 1.4bn packs a year.

Bernard Matthews deal under fire for extracting ‘maximum cash’

Bernard Matthews’ takeover by 2 Sisters boss Ranjit Boparan appears to have been “carefully crafted” to enable secured creditors to extract maximum value from the company – while at the...