Inside food & drink manufacturing
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.
United Biscuits has been fined £10,000 plus costs by the Health and Safety Executive (HSE) after a worker had two fingers sliced off by a mixing machine.
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.