Business

And the finalists are..?

Food Manufacture Excellence Awards

Meet the Finalists: Ambient Manufacturing Company of the year

By Michelle Perrett

The Food Manufacture Excellence Awards are only months away, where the winners across 16 categories will be recognised. There are three finalists in the Ambient Manufacturing Company of the year. So who will be crowned the winner of this category at...

The Taylor family has taken full ownership of the Scottish crisp company

Mackie's at Taypack in family buy-out

By Michelle Perrett

Mackie’s at Taypack, the Scottish crisp brand, has become wholly owned by the Taylor family after it purchased the remaining shares in the company from Mackie's of Scotland.

Alantra's Fast 50 ranking reveals how the most agile brands are exploiting the market

Strong Roots tops fastest-growing food firms list

By Gwen Ridler

Frozen plant-based foods producer Strong Roots has topped this year’s list of the fastest-growing food and drink businesses, presented by investment banking firm Alantra.

The Internet of Things could be crucial to driving predictive engineering

Manufacturers fail to use predictive engineering well

By Rick Pendrous

More than half (54%) of managers in the manufacturing sector believe firms are not using predictive engineering effectively, despite the technology being billed as a leading industry trend, a new study conducted by enterprise business systems provider...

Food industry ‘big data’ should be used much more effectively to support decison making

Food industry ‘big data’ should be mined better

By Noli Dinkovski

Food and drink manufacturers should be making more of ‘big data’ if they want to better understand the sales impact of their products, a business analytics software provider has claimed.

SMEs who use e-commerce expect revenue growth in the next 12 months

E-commerce to boost small food manufacturers

By Gwen Ridler

Small and medium sized enterprises (SMEs) that invest in exporting and e-commerce are more confident about their business prospects and anticipate faster growth than businesses that do not, according to a new report commissioned by Enterprise Nation and...

Crackling investment: dragon Nick Jenkins (middle) with Andrew Allen and Nick Coleman

Dragons’ Den investors back pork firm with £70k

By Michael Stones

Dragons’ Den investors pledged to invest £70,000 in the flavoured pork crackling business Snaffling Pig Co in an episode of the hit TV show broadcast last night (August 7).

Axing the Business Growth Service is expected to impact a range of manufacturers

Axing Business Growth Service sparks criticism

By Mike Stones

Government plans to axe the Business Growth Service (BGS) – which included the Manufacturing Advisory Service (MAS) and Growth Accelerator programme – has sparked a storm of industry protest.

Symingtons has restructured its business to reduce costs during difficult times

Symington’s first profit slump in 15 years

By Nicholas Robinson

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.

Hart has decided to leave Thorntons at the end of its financial year

Thorntons boss to stand down

By Laurence Gibbons

Thorntons ceo Jonathan Hart will stand down from his role at the end of the chocolate manufacturer’s financial year on June 27 2015.

Elements For Life decided not to supply its products to Waitrose

Why small food firms should shun major retailers

By Laurence Gibbons

Small food and drink businesses should shun the big four supermarkets and consider other routes to market that might be more suitable for their product, according to a number of firms.

Jones said the barriers between food businesses and retailers were broken down at the event

Break down barriers to retail buyers

By Laurence Gibbons

Barriers to retail buyers can be smashed by food and drink entrepreneurs, according to the founder of business support organisation Enterprise Nation.

Late payments are leaving small firms out of pocket and unable to invest in jobs

Late payments hinder food jobs

By Laurence Gibbons

Late payments are preventing small food and drink businesses from securing growth and taking on new employees, according to the Association of Chartered Certified Accountants (ACCA).

Small firm's growth is being stunted by LEPs

Support for small firms ‘ineffective’ and holding back growth

By Laurence Gibbons

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).

Sustainable reassurances are sought

FDF palm oil guide launched

By Nicholas Robinson

Sustainable palm oil use among food and drink manufacturers will be encouraged by the Food and Drink Federation’s (FDF’s) new sustainable palm oil guide.

There needs to be tougher action against firms that do not pay suppliers when agreed

Cross-party group to tackle supply chain bullying

By Laurence Gibbons

The Federation of Small Businesses (FSB) has assembled a cross-party group of members of parliament (MPs) to tackle supply chain bullying following criticism of the practices of 2 Sisters Food Group and Premier Foods.

Consumers are more interested in proteins

Consumer interest in protein boosts sector

By Nicholas Robinson

Consumer awareness of protein’s health credentials has given businesses the opportunity to expand into protein-enriched food and drink, new research has claimed.

2 Sisters claimed the supplier letter was only intended as a starting point for negotiations

2 Sisters Food Group slammed for supplier letter

By Rod Addy

2 Sisters Food Group faces criticism from the Federation of Small Businesses (FSB) after BBC’s Newsnight programme revealed a letter to suppliers claiming they could wait over four months for payments.

Jason Potter, general manager of Besmoke with the giant Advent calendar

Giant advent calendar showcases food firm’s growth

By Laurence Gibbons

A giant advent calendar arrived in Brighton today (December 11) to showcase food ingredients firm Besmoke as one of 24 business that have benefited from government support over the past year.

Nearly 50 firms were involved in M&A activity in 2014, according to the new report

M&A deals to remain strong in 2015

By Nicholas Robinson

More than £20.2bn was exchanged in food and drink business mergers and acquisitions (M&As) in 2014, according to figures from Catalyst Corporate Finance (CCF).

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