Food and drink manufacturers would face three key challenges after Brexit, warned the Food and Drink Federation’s (FDF’s) director general Ian Wright, speaking at the Processing and Packaging Machinery Trade Association show 2017.
The Labour Party conference in Brighton this week drew a mixed response from food manufacturing and business leaders, with plans for a new industrial strategy drawing praise but criticism of business finding less favour.
Falling productivity cost food and drink producers an extra £400M in labour costs last year, a report has revealed, as manufacturers are urged to make strategic changes ahead of more challenging market conditions.
The European Commission (EC) should resist the renationalisation of food policies, such as country of origin labelling measures, urges euro food and drink manufacturers’ representative FoodDrinkEurope.
Meat processor Tulip has agreed a deal to buy pig producer Easey Holdings, after this website exclusively revealed the firm’s plans to invest up to £70M in acquisitions, equipment and product innovation.
Associated British Foods’s (ABF’s) adjusted operating profit will be boosted by currency fluctations, it reported in its pre-close trading update, while it revealed the acquisition of an Italian vinegar manufacturer.
Manufacturers’ exports have continued to rise over the past year, according to a survey conducted by the EEF, the manufacturers’ organisation and business advice firm BDO, while their confidence in the UK’s economy sinks lower.