SUBSCRIBE

Inside food & drink manufacturing

Headlines > Business News

Confectionery manufacturer cuts more than 50 jobs

More than 50 jobs have been lost at confectionery manufacturer Devon Sweet Factory, less than a year after the firm was bought out of administration.

Premier Foods’s sales hit by weather and promotions

Premier Foods reported a 3.1% drop in sales in its first-quarter trading update, as desserts sales were hit by warm weather and changes to promotions.

Nichols posts sales growth and acquisition

Soft drinks manufacturer Nichols has posted continued sales and profit growth in its half-year results yesterday (July 20), as it announced the acquisition of dispensed soft drink distributor DJ Drink Solutions.

Lobbying is needed to avert Brexit labour crisis

All sectors of the food industry should be more vocal in lobbying government to address the “urgent” shortage of non-UK EU nationals arising from Brexit, the deputy president of the...

Industry survey

Food Manufacture survey reveals Brexit fears

Food and drink manufacturers are even more concerned than last year about the impact that Brexit will have on their businesses.

Hotel Chocolat boost sales after store openings

Premium confectionery business Hotel Chocolat has reported “encouraging growth” in its full-year results, boosted by new retail outlets.

Reckitt to sell French’s Food to McCormick for £3.2bn

Reckitt Benckiser will sell French’s Food to US spice firm McCormick, in a £3.2bn ($4.2bn) deal, the diversified consumer goods company confirmed today (July 19).

Food ingredients cost ‘may rise after Brexit’

Food ingredient prices could continue rising if Britain quits the EU, according to data specialist Informa Agribusiness Intelligence, after the Office for National Statistics (ONS) confirmed another round of increases...

Dairy Crest posts sales rise as butter costs soar

Dairy Crest’s key brands delivered a 7% rise in sales in first-quarter trading, while input costs rose “substantially” over the three months.

Exports conference

Exports conference: still time for early-bird ticket

There is still time to buy early-bird tickets for the Food Manufacture Group’s exports conference – to take place at Ardencote Manor, Warwickshire on Thursday October 5 – ahead of...

Butterkist purchased by KP Snacks

Hula Hoops manufacturer KP Snacks has acquired popcorn brand Butterkist from Tangerine Confectionery for an undisclosed sum.

Finsbury sales drop 1.1% after industry deflation

Speciality cake and bread manufacturer Finsbury Food Group has reported a 1.1% fall in like-for-like sales, in constant currency, during its financial year to July 1, after deflation in the...

News in brief

Liquidators appointed at salt firm

Liquidators have been appointed at Hebridean Sea Salt, after the business ran into difficulties following a Food Standards Scotland (FSS) investigation earlier this year.

New food development centre to create 250 jobs

Plans for a new £11.3M food and drink development centre in Somerset that would create up to 250 jobs have been given the go ahead, after receiving planning permission from...

Konings’ £35M factory expansion to create 116 jobs

Alcoholic beverage manufacturer Konings is to submit plans for a £35M expansion of its factory in Boxford, Suffolk, which will create up to 116 new jobs.

M&S Food sales drop is ‘concerning’: analyst

Marks and Spencer’s (M&S’s) 0.1% drop in like-for-like food sales in its first quarter is concerning, according to Economist Intelligence Unit (EIU), the forecasting and advisory services group....

Queen opens £30M water bottling plant extension

The Queen has officially opened a £30M extension to the Highland Spring bottling plant in Blackford, Perthshire.

The Cake Crew seeks workers after £500k loan

Cake manufacturer The Cake Crew will expand its production capacity and recruit more staff after a £500,000 loan from investment firm Finance Wales.

Addo restructure plans could put jobs at risk

Jobs could be at risk at savoury pastry producer Addo Food Group, following plans to restructure its Poole bakery.

Butter and cream prices ‘to rise by Christmas’

A butter and cream shortage will hike prices quickly by Christmas, warns Arla Foods boss Peder Tuborgh.

Business and Labour back Single Market access calls

The Confederation of British Industry’s (CBI’s) calls to remain inside the EU’s Single Market and Customs Union until after Brexit have been backed by EEF, the manufacturers’ organisation, and the...

Cadbury boosts production after £75M investment

Confectionery manufacturer Cadbury is to expand production at its factory in Birmingham, following a £75M investment.

McCain wins approval for £100M factory expansion

Potato processor McCain Foods has won approval to expand its Scarborough factory, as part of a £100M investment into its operations.

Currency fluctuation boosts ABF’s revenue

Associated British Foods (ABF) has reported a 10% rise in group revenue in its latest trading update, benefiting from currency fluctuations.

Ice cream firm to grow workforce after six-figure investment

Ice cream manufacturer Northern Bl°c has secured a six-figure investment from Santander Business Banking, it was confirmed today (July 5), to grow its workforce and develop new products.

On demand Supplier Webinars

Sustainable snacking trends for 2017
William Reed Business Media
All supplier webinars