Inside food & drink manufacturing
Bakkavör plans to make more than half of the staff redundant at its English Village Salads (EVS) division in Yorkshire, due to the loss of an Asda contract, as the retailer transfers much of its salads procurement in-house.
A City analyst has expressed scepticism about the likely truth of rumours that Procter & Gamble (P&G) could be lining up a £38bn hostile bid for UK consumer giant Unilever.
The European Commission (EC) has confirmed that it has cancelled Twinings application for a €12m (£10.6m) grant to build a new factory in Poland, where the new site will eventually cost up to 392 UK jobs.
The Real Good Food Company (RGFC) reported at its AGM today that, having tackled the volatile sugar supply situation, new branded launches and a revamped bakery business mean it is on track to exceed market forecasts in 2011.