Inside food & drink manufacturing
The government should consider enlisting the British Army to end the traffic chaos on this side of the Channel, which is costing the freight industry millions and causing misery for holidaymakers, suggests the Freight Transport Association (FTA).
“Newcastle should be toasting, or is that sausage rolling Greggs today, after another impressive update,” is how city analyst Shore Capital summed up the high street baker’s half-year results.
The Scottish government has pumped £311,000 into a creamery owned by the country’s largest dairy farmer co-operative First Milk.
Foodservice firm Compass Group has warned its full-year operating margins will be hit by a £50M restructuring plan over the next two years.
Symington’s sales and profits have slumped for the first time in 15 years, despite the Yorkshire-based food manufacturer recently pumping £2.5M into a new noodle facility in Leeds.
Strong food-on-the-go sales helped high street baker Greggs to a 6.4% rise in total sales to £398M in first half results for the 26 weeks to July 4.