Business

Consumers are more interested in proteins

Consumer interest in protein boosts sector

By Nicholas Robinson

Consumer awareness of protein’s health credentials has given businesses the opportunity to expand into protein-enriched food and drink, new research has claimed.

2 Sisters claimed the supplier letter was only intended as a starting point for negotiations

2 Sisters Food Group slammed for supplier letter

By Rod Addy

2 Sisters Food Group faces criticism from the Federation of Small Businesses (FSB) after BBC’s Newsnight programme revealed a letter to suppliers claiming they could wait over four months for payments.

Jason Potter, general manager of Besmoke with the giant Advent calendar

Giant advent calendar showcases food firm’s growth

By Laurence Gibbons

A giant advent calendar arrived in Brighton today (December 11) to showcase food ingredients firm Besmoke as one of 24 business that have benefited from government support over the past year.

Nearly 50 firms were involved in M&A activity in 2014, according to the new report

M&A deals to remain strong in 2015

By Nicholas Robinson

More than £20.2bn was exchanged in food and drink business mergers and acquisitions (M&As) in 2014, according to figures from Catalyst Corporate Finance (CCF).

Late payments have hit 23% of small business surveyed by the Forum of Private Business

Late payments hit 23% of small businesses

By Laurence Gibbons

Almost a quarter of small businesses have felt the effects of late payments over the past year, according to research by the national small business group the Forum of Private Business.

Claudi Fin co-founder Lucy Woodhouse (centre) will be among the people offering advice to SMEs at the event (also pictured are Meriel Durand (right) and Sainsbury's business unit director James Bailey (left)

Food and drink SMEs offered pitches to retailers

By Laurence Gibbons

Small and start-up food and drink firms have been offered the chance to pitch their businesses to retail buyers and potentially secure listings in their stores, as part of a new government-backed initiative.

The British Frozen Food Federation conference took place in Warwickshire on February 20.

Frozen food must innovate to flourish

By Nicholas Robinson

British frozen food manufacturers must reveal the benefits of frozen food to the consumer to revitalise the sector and increase confidence.

Leech:

BUSINESS LEADERS' FORUM

Exports need government support – FDF boss

By Rod Addy

The government could support food exports more, Melanie Leech, director general of the Food and Drink Federation (FDF), claimed, shortly before Lord Livingstone pledged more trade backing.

George Osborne's claims that his plans to revive the economy were working were dismissed as 'complacent boasts' by Ed Balls

Chancellor’s Autumn Statement – in quotes

By Michael Stones

Chancellor George Osborne used the Autumn Statement today (December 5) to insist that his plans to revive the British economy were working. But shadow chancellor Ed Balls dismissed the claims as “complacent boasts”. Here we capture the key points of the...

Twitter, Facebook and other social media outlets can be 'a minefield', warns a leading expert

Social media ‘minefield’ warning for food suppliers

By Rick Pendrous

Social media is a “minefield” and is forcing food manufacturers and retailers to radically change their business systems and the way they manage consumer complaints, according to the boss of a leading food chain traceability and auditing software company.

The group's plans to integrate Makro were 'on track', said Booker boss Charles Wilson

Booker’s plans to integrate Makro are ‘on track’

By Mike Stones

Britain’s largest cash-and-carry wholesaler the Booker Group has revealed plans to integrate Makro, the business it acquired last year, are on track, claims the firm’s interim results announcement.

Thorntons's results have given it something to smile about

Thorntons sees strong commercial and export growth

By Rod Addy

Thorntons chief executive Jonathan Hart expects further growth from supermarket sales in the coming year, he told FoodManufacture.co.uk, after the company posted strong fourth quarter growth in the division including that area.

Retailers denied operating double standards with regard to foreign objects in food

Retailers' food safety double standards

By Laurence Gibbons

Some retailers may operate double standards in demanding high levels of food safety from suppliers, while being unaware over the amount of products contaminated with foreign objects they sell.

To register for the free one-hour webinar on lessons learnt from the horsemeat crisis, see the end of this article

Horsemeat crisis: have your say

By Michael Stones

Have you got a burning question about the horsemeat crisis that you want answered? Then, ask our expert panel of speakers during Food Manufacture Group’s free one-hour webinar to be staged at 11am GMT on Thursday May 16.

Innovation - such as the Indian meals range launched for Tesco - helped to drive Bakkavör's results, it claimed

Bakkavör: horsegate ‘impacted consumer confidence’

By Mike Stones

Own-label chilled food manufacturer Bakkavör said consumer confidence had been dented by the horsemeat scandal, while reporting a 5.4% increase in like-for-like sales in its full-year results ended December 29 2012.

Duffy said the equity raise will boost efficiency

Free-from sales help buoy Finsbury results

By Rick Pendrous

Cake maker Finsbury Food Group has reported relatively flat sales for the half year to December 29, up marginally to £103.3M compared with £102M for the same period of the previous year and in-line with management expectations.

‘The business is not broken at all but its engine requires a bit more than fine tuning’: Shore Capital

Morrisons ‘lost touch with core customers’: City

By Mike Stones

The UK’s fourth biggest supermarket Morrisons has “lost touch with its core customers”, claimed one leading city analyst, after the retailer reported total sales down by 0.5% over the six weeks to December 30 2012.

Losing the bread contract could prove a catalyst for 'more radical actions to realise value from bread', said analyst Martin Deboo

Premier Foods loses £75M bread contract

By Mike Stones

Hovis manufacturer Premier Foods has lost a contract worth £75M with an unnamed grocery chain, according to its latest interim management statement.

Wyke Farms cheese will no longer be available from Morrisons from next month

Morrisons cancels meeting with delisted Wyke Farms

By Mike Stones

Cheese producer Wyke Farms has complained of “broken promises” after Morrisons cancelled a meeting due to take place today (August 28) to discuss the delisting of the Somerset family business.

Food firms and small businesses have responded positively to Osborne's plans

Autumn Statement welcomed by food and drink firms

By Dan Colombini

Chancellor George Osborne did his best for small firms in yesterday’s (November 29) budget speech despite “limited room for manoeuvre”, according to the Federation of Small Businesses (FSB).

Worth the candle: Small cake manufacturing start ups have exploded over the past year

Small cake firm start-ups explode

By Freddie Dawson

The number of small cake manufacturers starting up over the past year has exploded, according to the insurance broker Simply Business.

Boparan is unlikely to make a move for Greencore after acquiring Northern Foods in March

Boparan Greencore bid would ‘amaze’ analysts

By Dan Colombini

As the search for the mystery suitor of Greencore continues, experts have ruled out food magnate Ranjit Boparan as a potential buyer saying there is “absolutely no possibility” that the 2 Sisters boss could be a contender.

Fourayes aims to grow fruit purée profile

Fourayes aims to grow fruit purée profile

By Rod Addy

Fruit purée processor Fourayes is looking into expanding its product portfolio, leaving no stone unturned in its quest to keep on top of market trends, drive up sales and offset cash flow fears, md Phil Acock told Rod Addy.

Suppliers push for price rises from retailers

Suppliers push for price rises from retailers

By Rick Pendrous

Retailers must accept price rises from their own-label chilled foods suppliers or risk undermining their future, the boss of Samworth Brothers has warned.

Culinary booze supplier expands team

Culinary booze supplier expands team

Culinary alcohol supplier, Thomas Lowndes & Co, is expanding its UK operation with the appointment of Jonathan Marsh as general manager and Tony...