Morrisons has revealed a rise in sales and profits for the first half of this year in its interim results, released yesterday (September 14), as it sees results from its ‘Fix, rebuild and grow’ strategy.
A shake-up of England’s transport and communications infrastructure is needed to give manufacturers access to a wide pool of labour and improved connectivity of supply chains, according to a Confederation of British Industry (CBI) report.
Morrisons is making progress towards strengthening its business and fulfilling six strategic priorities, claimed a financial statement accompanying the retailer’s first-half results, posted earlier this month.
A new consortium called ‘Food is Life’, which aims to introduce ‘disruptive change’ to the food industry in Africa, is being launched at this month’s Processing & Packaging Machinery Association (PPMA) show.
Support offered to small firms by Local Enterprise Partnerships (LEPs) is “ineffective and holding back the growth prospects” of British businesses, including food manufacturers, according to the Federation of Small Businesses (FSB).
Boparan Holdings, the holding company for 2 Sisters Food Group, has reported strong progress in its third financial quarter (Q3), with its protein division contributing significantly to sales and profitability.
Greggs is showing encouraging signs of transforming its fortunes by “resurrecting like-for-like sales”, said City analyst N+1 Singer, after the high street baker released preliminary results for the 52 weeks to December 28 2013.
Iglo Foods Group has won the Supply chain initiative of the year award in the industry Oscars – Food Manufacture’s Food Manufacturing Excellence Awards (FMEAs), at the London Park Lane Hilton last month.
Celebrity chefs, including Loyd Grossman, Albert Roux and Heston Blumenthal, have backed a report from pressure group Sustain, which warns the government has wasted more than £54M on failed schemes to improve hospital food.
Justifying capital expenditure (Capex) in today’s tough economic environment is probably more difficult than ever. For many food and drink manufacturers, many investment plans have been put on hold – apart from the most essential items.