Business News

The Kensey Foods site set to close in July manufactures premium desserts

Job losses as Kensey Foods closes

By Aidan Fortune

More than 600 jobs are to be lost with the closure of desserts manufacturer Kensey Foods in Launceston, Cornwall.

Strike action is being threatened at the Hook 2 Sisters poultry site in Suffolk

Strike action threatened at poultry plant

By Aidan Fortune

Poultry business Hook 2 Sisters has offered to keep dialogue open in relation to the seven catchers that have threatened strike action later this year.

Barry Callebaut has reported sales growth at the start of the year

Sales growth for chocolate-maker

By James Ridler

Chocolate-maker Barry Callebaut has reported a steady start to the fiscal year, with sales rising in the three months to 30 November 2018.

A no-deal Brexit is to cost Scotland £14bn

No-deal Brexit to cost Scotland £14bn

By James Ridler

A no-deal Brexit could cost Scotland £14bn a year, with the food and drink sector worst affected, the Confederation of British Industry (CBI) has claimed.

The Office for National Statistics studied 17,000 products between September 2015 and June 2017 to determine the rate of shrinkflation

Shrinkflation hits food industry

By Aidan Fortune

The bread and cereals category has been most affected by shrinkflation since 2015, new pricing research has found.

Wester is vanilla spiced rum that is claimed to offer rich, round, earthy tones mixed with high citrus notes

Rum-making returns to Glasgow after 300 years

By Noli Dinkovski

A fast-growing drinks brand has brought commercial rum-making back to Glasgow for the first time in 300 years by opening a distillery in the west of the city.

BBF has secured £40m of funding through a three-year finance facility

BBF secures £40m of investment

By James Ridler

Own-label baked goods manufacturer BBF has secured £40m of investment through a financing facility to support its future growth plans.

Geary's has invested £15m in a new bakery facility. Stephen Castleman (left) with Jason Geary

Bakery invests in £15m facility

By James Ridler

Leicestershire-based Geary’s Bakeries has invested £15m in a new bakery facility in a bid to keep up with increased demand for its products.

Premier Foods reported a drop in sales in its third-quarter trading results

Sales drop for Premier Foods

By James Ridler

Premier Foods saw sales drop despite continued growth of its key brands in its third-quarter (Q3) trading statement for the 13 weeks to 29 December 2018.

Without a deal, businesses will need to prepare for a hard Brexit

Eversheds: start planning for hard Brexit

By James Ridler

Food and drink manufacturers need to start implementing their no-deal Brexit contingency plans, legal firm Eversheds has warned, as the threat of a hard exit from the EU draws closer.

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