Morrisons’ outlook statement, accompanying its full-year results posted yesterday (March 13), was “truly awful”, according to leading City analyst Panmure Gordon.
Domestic producers must stop abandoning organic food or lose out to importers, as the category shows the first signs of UK growth in five years, the Soil Association has warned.
Morrisons has reported a £176M loss in full-year results to February 2, compared with a previous profit of £879M, as the supermarket revealed plans to slash costs and lower prices in a bid to battle the discounters.
Morrisons has received a “red alert” from leading City analyst Shore Capital, ahead of its full-year results to the end of January 2014, to be posted tomorrow (March 13).
Two key achievements of National Apprenticeship Week were to foster industry co-operation on the campaign to attract more youngsters and to focus the government’s attention on the sector, says the Food and Drink Federation (FDF).
Fyffes has hailed its merger with Chiquita Brands as "transformative" in a move that creates a multinational with sales of £2.76bn, boosting scale and efficiency for both firms.
Food and drink manufacturers sometimes lose out to other industries in the competition to attract new talent and need “a fresh approach”, says food and farming minister George Eustice.
Morrisons’ financial prospects continue to give “cause for concern”, a second city analyst has warned, ahead of the firm’s full-year results due to be revealed next week.
Food and drink manufacturers should send teenage apprentices into schools to inspire youngsters to choose the right qualifications to launch a career in the industry, as part of a new approach to careers advice, says George Eustice, food and farming minister.
Almost 90% of UK consumers have pledged to pay more for Fairtrade bananas, if the extra cost benefited farmers and workers’ lives, according to a new survey by the Fairtrade Foundation.
Tesco’s UK business prospects are making City analysts at Shore Capital nervous, as the retail giant faces “a multi-year job” in reviving its fortunes.
Morrisons and Tesco were “the clear laggards” among the four big supermarkets, while discounters and premium sellers continued to do well, according to City analyst Shore Capital, commenting on recent Nielsen market share data.
Social media is increasingly being used to identify the sources of food poisoning, following its use by investigators from Public Health England (PHE) to narrow down a large multiple pathogen outbreak at an outdoor food festival in Newcastle upon Tyne...
Rising pre-tax losses at Ocado, the online grocer and logistics business, are casting “a long shadow over the firm”, according to one retail consultant, as the firm’s commercial director announces his decision to leave the firm.
A cure for children suffering the misery – and sometimes fatal consequences – of peanut allergy has moved significantly closer, according to a consultant allergist involved in a new ground-breaking study.
Morrisons has refused to confirm or deny reports that George Dymond, the man recruited to head its online grocery service, has resigned just weeks after starting his new role.
Workers at the Gaymer Cider Company in Shepton Mallett, Somerset have claimed “victory” in their pay dispute with owner C&C Group, after being offered an unconditional 3% pay increase.
A workplace fall suffered by a 67-year old employee – who had worked for the company for more than 50 years – has led to a £4,000 bill for a Suffolk potato business.
A campaign was launched last Friday (January 17) to raise awareness about the risks posed by illegal pesticides sold to farmers in the EU, often by organised criminal gangs from eastern Europe that pass off imports from China masquerading as products...
Food and drink firm Healthy Food Brands has created 10 jobs to meet growing demand, after securing a contract to supply its PLj Lemon Juice brand to 750 Tesco stores.
Fresh prepared foods manufacturer Bakkavor has sold Spring Valley Foods, its South African prepared fruit business, to In2food Group for an undisclosed sum.
Europe will become a food and farming museum without science on genetic modification (GM), environment secretary Owen Paterson has warned – echoing food manufacturers’ long-standing fears.
Chinese sauce manufacturers Helen and Lisa Tse – who started their food business with a £50,000 investment from the Dragons’ Den TV programme – have each been awarded a Member of the British Empire (MBE) in the New Year’s honours list.
Eating one apple a day could prevent 8,500 deaths a year from heart attacks and strokes in the over 50s age group, according to a new report in the British Medical Journal (BMJ).
Flexitarianism will be the next ‘mega trend’ leading to sales of vegetarian foods in the UK to grow by 10% by 2016, according to food trends agency The Food People.
A study carried out by researchers at Sheffield Hallam University, in collaboration with Chaucer Foods – which claims to be the world's largest supplier of freeze-dried fruit – has found that freeze drying strawberries had no significant impact on...
Dragons’ Den winners Helen and Lisa Tse – the driving force behind Chinese sauce manufacturer and Manchester restaurant Sweet Mandarin – have thanked Prime Minister David Cameron, after he helped them win an export deal with China worth £6M over the next...
Food and drink manufacturing employers across the UK employing temporary staff have been warned about employing Bulgarian and Romanian workers from unlicensed gangmasters, ahead of immigration rule changes that come into effect in 2014.
AB Produce supplies prepared vegetables to the food wholesale, retail, catering and processing sectors. It decided to install a third EZstrip cake pump from Nov Mono when it was having problems with its system of screw augers, steel collection bins, macerators...
New superfoods feature in the full list of top 10 food and drink trends for 2014, released by research company Innova Market Insights at the Food Ingredients Europe trade show in Frankfurt, Germany last week.
Mash Direct has won the coveted title Most innovative small food or drink manufacturer of the year in the industry Oscars – Food Manufacture’s Food Manufacturing Excellence Awards (FMEAs).
South American food trends offer golden opportunities for UK food and drink manufacturers in the next few years, according to a leading product development expert.
Researchers who discovered frozen broccoli lacks the ability to form sulphoraphane, the cancer-fighting phytochemical in fresh broccoli, have shown how the food industry can restore the frozen vegetable’s health benefits.
Those who oppose genetically modified (GM) rice enhanced with vitamin A in Africa and Asia are “wicked” and could be responsible for millions of premature deaths, warns environment secretary Owen Paterson.
Chilled food manufacturer Bakkavör Group plans to create 200 jobs at its Wingland Foods salad factory at Sutton Bridge, Spalding, in Lincolnshire, prompted by increased business with supermarket chain Waitrose.
Sales of fruit and vegetables continue to go down, despite efforts to encourage shoppers to cut fresh produce waste and eat more cheaply, according to the IGD’s chief economist James Walton.
Trigon Snacks, maker of Big D, Planters and Passion Shed brands, has been snatched from administration in an eleventh hour sale to Choithram & Sons, owner of Natco Foods.
Leatherhead Food Research (LFR) is working on a project to support food and drink processors seeking to make cognitive performance claims for their products.
Unite the union has urged administrator Duff & Phelps to involve government in a last-minute bid to save at least 110 jobs at the Liverpool snack manufacturer Trigon Snacks.
The meat- and dairy-free products sector is “ripe for innovation and success” for Britain’s food manufacturers, as increasing numbers of consumers seek healthier and greener diets, a food industry consultant has argued.
