Former Holland’s Pies md Neil Court-Johnston is still out of the business almost three months after being suspended in the wake of allegations that he had talked with third parties regarding a management buyout without the consent of company bosses.
Premier Foods remains ‘open-minded’ about selling off assets to pay off debts, bosses have revealed as the firm released interim results broadly in line with expectations, but warned of rising cost inflation in the second half.
Higher energy and raw material prices coupled with fragile demand and weak retail pricing could put many food manufacturers – particularly bakers – under intense margin pressure this year, analysts are predicting.
Shoppers are "becoming bored" with the cake fixtures in supermarkets, but rising input costs and weak retail pricing are making it difficult for firms to add excitement and value back into the category, according to the boss of Finsbury Food...
The snacks and biscuits division of UK manufacturer United Biscuits could be parcelled out to different buyers, according to a research firm's analysis of the market following media reports the company is to be sold by its private equity owners.
Flour prices could head further north this summer, driven by a combination of lower-than-anticipated corn planting in the US, reduced wheat production forecasts in Russia and Canada and lower yields in Europe, Premier Foods is predicting.