Food tech firm Future farm has secured £42m in a Series C investment co-led by Rage Capital, one of the highest funding rounds of its type for a plant-based meat company in the UK.
Workers in food and drink factories deserve abundant praise for striving to keep the nation fed in the face of radical changes to the UK’s geopolitical landscape and a global pandemic.
Milk producer and distributor Town Head Farm is expecting to double capacity with the opening of a new warehouse in Keighley, following an £800,000 loan from Lloyds Bank.
Innis & Gunn has secured planning permission to build a brewery at Heriot-Watt University’s Research Park from The City of Edinburgh Council - the first major brewery in Edinburgh for more than 150 years.
Mara Seaweed, which supplies seaweed seasonings to top supermarkets, has secured more than £600,000 to invest in expanding its factory in Fife, Edinburgh and exploring new markets.
Coffee and tea supplier Finlays is to invest millions of pounds in a new extraction plant in Hull to produce cold brew coffee for branded and own-label grocery and foodservice suppliers in 2022.
Food and drink manufacturers reported the sharpest month-on-month price increases, as input cost inflation neared record highs, according to the latest Lloyds Bank UK Recovery Tracker.
