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Breaking News on the Food and Drink Manufacturing Sector

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Co-op and Unite agree deal to end strike action

Talks between Co-op and Unite with the Advisory, Conciliation and Arbitration Service (ACAS), have come to an agreement which will suspend industrial action, pending the outcome of a ballot.

Finsbury Food Group to focus on acquisitions

Finsbury Food Group is to look at new acquisitions, after posting an 84% rise in interim pre-tax profits to £7.5M.

Moy Park reveals £27.5M investment

Moy Park invested £27.5M in its manufacturing facilities in Dungannon, Craigavon and Ashbourne last year.

Budget 2016

Food and drink firms give mixed response to budget

Food and drink manufacturers are still coming to terms with the budget proposal to introduce a sugar tax on soft drinks, while welcoming business rates reform but expressing disappointment on...

Shepton Mallet Cider job row hots up after results

Shepton Mallet Cider Mill owner C&C Group has been branded “the unacceptable face of capitalism” by Unite the union, after the manufacturer forecast profits of £80.35M (€103M), shortly after news about redundancies...

Budget 2016

Food and drink industry urges budget action to safeguard jobs

The food and drink industry is calling for Chancellor George Osborne to take action on duty, help small businesses and support green energy in the budget today (Wednesday March 16). 

2 Sisters’ owner targets ‘Better before bigger’, as profits rise

2 Sisters’ owner Borparan Holdings claims its “Better before bigger strategy”, is starting to pay off, after posting operating profit up by £26.4M to £22.1M for the 13 weeks to January 30...

Mash Direct targets growth in south of England

Mash Direct, the vegetable accompaniments brand, is targeting major growth in the south of England and aiming to become a truly national brand across the UK, following a new deal with...

Morrisons’ sales fall, as boss highlights ‘food maker’ role

Morrisons has revealed falling like-for-like sales and profit, in full-year results to the end of January, as ceo David Potts highlighted the retailer’s role as “a food maker”.

Sugar overtakes calories as number one ‘food villain’

Sugar has overtaken calories as the biggest ‘villain’ when shopping for healthy food, research by Mintel has found.

Multiples take the battle to the LADs

Aldi is beginning to face stiffer competition from fellow limited assortment discounter (LAD) Lidl and from the value-based multiples Tesco and Morrisons, according to city analysts.

R&R Ice Cream's turnover surges towards €1bn

R&R Ice Cream boosted its annual turnover to just shy of €1bn for the year to December 31, 2015, at €992M compared with €838M the previous year.

Ready meals deal leads to 100 job cuts

More than 100 jobs will be lost in Manchester, after ready meals manufacturer Malton Foods bought the ambient pots, pouches and canned pudding business of Simpson Ready Foods for an...

Premier Foods praised for ‘across the board’ progress

Premier Foods is making “demonstrable progress in self-improvement across the board”, according to analysts who met the company last month following a recent trading update.

Morrisons regains listing on exclusive FTSE 100

Morrisons has regained its listing on the exclusive FTSE 100 group of companies, after a boost to its share price arising from improved trading and the announcement of its partnership...

Vending hot ready meals from frozen products

A new vending machine, which produces hot meals from frozen products, will be launched on to the market over the next two months, according to the ceo of Bidvest Foodservice,...

Exports

Exports of food and non-alcoholic drinks fall

UK exports of food and non-alcoholic drinks fell by £0.6bn to £12.3bn last year, according to the Food and Drink Federation (FDF).

Greggs to cut 355 jobs and shut three bakeries

High street baker Greggs plans to axe 355 jobs and close three of its 12 bakeries, while revealing a £100M investment programme.  

Me and my factory

Inside manufacturing: Lewis Pie & Pasty Co

When Wilf Lewis joined his family's pie and pasty making business two years ago, he set about revolutionising the day-to-day running of the operation. He took Food Manufacture on a...

Sales boost for Direct Food Ingredients

Cheshire-based distributor Direct Food Ingredients (DFI) boosted sales by 52% in 2015 thanks to an influx of new clients, and is now predicting a further 30% growth in 2016.

MSK Ingredients to invest after £750k bank funding

Chesterfield-based MSK Ingredients is to expand its product offer, invest in business process re-engineering and take on more staff following a £750,000 loan from Santander Corporate & Commercial.

Andy Murray invests in Dragons’ Den reject

Tennis ace Andy Murray has helped Dragons’ Den reject ice cream manufacturer Oppo secure more than £300,000 of crowd funding by investing in the ‘guilt-free’ ice cream brand.

British retail sector may lose 900k jobs by 2025

Up to 900,000 jobs could be lost from the British retail sector by 2025, partly due to rising costs linked to the National Living Wage and the new apprenticeship levy,...

Brexit Debate

Food and Drink Federation bosses in Brexit meeting

The Food and Drink Federation (FDF) executive committee is meeting today to discuss the organisation’s position on EU membership, ahead of the referendum on Thursday June 23.

UK food gets mixed reception from China

Chinese consumers believe the UK is trailing a number of western countries in key areas such as food safety standards, the integrity of producers and the use of advanced technology...

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