All news articles for November 21, 2016

Cutting the rate of VAT on food and drink could deliver a £7bn boost to the industry

Autumn statement

Food sector may get £7bn boost from VAT cut

By Michael Stones

The food and drink sector could be £7bn better off, if the chancellor cuts VAT in this week’s Autumn Statement, claims NFU Mutual, as Prime Minister Theresa May revealed today (November 21) plans for a new industrial strategy.

Relive the FMEAs in this photo gallery

Food Manufacture Excellence Awards 2016 – in pictures

By Matt Atherton

Mash Direct was the big winner in this year’s Food Manufacture Excellence Awards (FMEAs) at the Hilton on Park Lane, London, on November 2. Here, we capture highlights of the big night in photographs.

Rabobank: The end of the EU sugar production quota will not necessarily guarantee a low price

Consider longer-term sugar contracts: report

By Noli Dinkovski

Food and drink producers should consider longer-term sugar purchasing contracts, or switch to sweeteners, before the EU sugar quota ends in October 2017, a report has claimed.