Sir Ken loses £167M as Morrisons’ shares plummet
Sir Ken Morrison, former boss of Morrisons, has lost £167M in the past year as the value of the shares he holds in the business has dropped, according to The Sunday Times.
Archives for April 26, 2015
Shortlist announced for student ‘green’ innovation award
The finalists of Ecotrophelia UK 2015 – a competition which challenges students to develop new eco-friendly food – have been announced by the Institute of Food Science & Technology and Campden BRI.
Big data is future for better food safety
Food giant Nestlé has suggested that the huge amount of data collected by companies such as itself and regulatory authorities like the Food Standards Agency (FSA) should be shared so that it can be ‘mined’ for information about emerging food safety problems.
Nestlé forges contract packing deal
Nestlé has sealed a deal with Eddie Stobart and IPS, the UK’s largest independent contract packer, to secure a range of packaging services and the creation of display units.
Food overtakes celebrity on young people’s agenda
Food is more important than celebrities and fashion for younger consumers, but the sector has yet to take advantage of its growing audience, new research has claimed.
Waitrose boasts ready meals growth
Ready meals and food-to-go sales soared at Waitrose last week, with Bigham’s and Waitrose own-label Traditional British lines achieving strong sales growth.
Processing space available at £20M fish park
Plans for Fleetwood Fish Park will officially be launched on May 5 and seafood processors will be able to secure space at the 13,000m2 Lancashire site, which will create up to 150 jobs.
Loch Duart Smokehouse halts Outer Hebrides ops
Scottish salmon farmer Loch Duart has halted operations at the Outer Hebrides smokehouse it bought in 2008.
New Britain Oils invests £250,000 in bakery
New Britain Oils (NBO) has pumped £250,000 into its bakery division and created several key roles in a bid to bolster its sales in the sector.