The Government is to temporarily guarantee B2B transactions currently supported by Trade Credit Insurance (TCI) in a bid to help companies struggling to keep up with bills during the coronavirus crisis.
Food and drink businesses with £50k–£10m in unpaid invoices could soon benefit from a new £1bn funding scheme from finance provider Azzurro Associates.
CapVest Partners-owned Eight Fifty Food Group, which comprises Karro Food Group and Young’s Seafood, has now announced the acquisition of meat processor M&M Walshe Holdings for an undisclosed sum.
Ready meals manufacturer Moy Park has partnered with community groups to donate thousands of meals to people most at risk during the coronavirus pandemic.
The balance and volume of meat cuts will remain compromised until the coronavirus outbreak has passed and the market is back to normal, trade body Quality Meat Scotland (QMS) has warned.
Members of the Bakers’, Food and Allied Workers’ Union (BFAWU) at Greencore’s Northampton factory have raised concerns after a member of staff working at the site tested positive for COVID-19.
Gluten-free noodle manufacturer Mr Lee’s Pure Foods has smashed its £1.75m crowdfunding target in less than a week, as it sets its sights on further international expansion.
Müller, the dairy processing giant, is facing criticism from National Farmers Union Scotland (NFUS) for making a u-turn on proposed price increases for farmgate milk.
Small food and drink businesses unable to access funding through existing coronavirus support schemes could soon benefit from 100% state-backed loans worth up to £50,000.
Food ingredients logistics provider Ralph Davies International (RDI) has moved to a new facility in Bicester, which provides increased storage capacity and strong transport links with the UK motorway network.
