Turners sale saves bacon jobs after Brexit woes
The sale of a West Midlands bacon producer has saved the jobs of 13 employees, after the company entered liquidation last week – partly due to rising costs caused by the UK’s Brexit vote.
The sale of a West Midlands bacon producer has saved the jobs of 13 employees, after the company entered liquidation last week – partly due to rising costs caused by the UK’s Brexit vote.
Meat processor Cranswick reported a 38% rise in profits before tax to £40.4M in its half-year statement for the six months to September 30, as it continued its period of “superior growth”, analysts said.
Food and drink manufacturers could use the Fourth Industrial Revolution, known as 4IR, to boost customer loyalty and therefore sales, EEF, the manufacturers’ organisation, has claimed.
Food manufacturers face four key challenges – with the need to boost productivity topping the list – according to Tim Render, director of food and farming, at the Department for Environment, Food and Rural Affairs (DEFRA).
Leading cereal manufacturers are striving to slash sugar and salt content, according to the Association of Cereal Food Manufacturers (ACFM), after it was revealed that more than half of Kellogg’s and Nestlé’s UK breakfast cereals were high in sugar.