Cost

The UK’s top dairy farmers are still managing to make a profit, according to Old Mill

Dairy farmers set to suffer annual milk price decline

By Noli Dinkovski

Dairy farmers are set to lose more on the value of their milk in 2016/17 than in the previous 12 months, despite recent positive moves from processors to raise prices, an accountancy firm has revealed.

Morrisons raises price of Marmite

Morrisons raises price of Marmite by 12.5%

By Matt Atherton

Morrisons has raised the price of 92 Unilever products, including Marmite, just days after Tesco’s highly public row over Unilever’s price increase demands.

Joanne Denney-Finch said shoppers would be in control of prices

IGD's Big Debate Conference

Retailing competition could reduce Brexit cost impacts

By Matt Atherton

The food sector is so competitive that price wars between retailers may reduce the financial impact of Brexit on shoppers, said grocery think-tank IGD chief executive Joanne Denney-Finch.

Production costs continue to rise for manufacturers

Interactive Data

Which sector saw highest costs since the Brexit vote?

By Matt Atherton

The cost of manufacturing food and drink products has risen 4.3% over the past 12 months across all sectors, according to latest data from the Office for National Statistics (ONS).

Too many firms are keeping quiet about collaboration in logistics

Firms cut their costs by sharing trucks

By Nicholas Robinson

Collaboration between food manufacturers that share distribution activities with competitors and others to reduce costs should be more widely publicised to help more firms adopt these practices, the Freight Transport Association (FTA) has urged.

Vision system costs justified for high value items

Vision system costs justified for high value items

Vision systems provide a cost-efficient approach to inspecting the fill consistency of beverages and the quality of their packaging, claims Dan Rossek, product marketing manager at automation specialist Omron.

‘This has been a very challenging quarter,’ said 2 Sister's ceo Ranjit Boparan

Boparan Holdings losses widen to £27.5M

By Nicholas Robinson

Losses for Boparan Holdings, the holding company for 2 Sisters Food Group, have widened to £27.5M from £12.3M a year ago, as the company continued to cut costs and capital expenditure, a second quarter trading update has shown.

Morrisons pledged to take on the discounters after reporting a loss of £176M

Morrisons posts loss of £176M after ‘disappointing year’

By Michael Stones

Morrisons has reported a £176M loss in full-year results to February 2, compared with a previous profit of £879M, as the supermarket revealed plans to slash costs and lower prices in a bid to battle the discounters.

Slip up in the shops: 'Occasional errors do slip through,' admitted a spokesman, commenting on the autheniticity of price promotions

Supermarkets are guilty of ‘dodgy discounts’: Which?

By Michael Stones

Supermarkets should drop their “dodgy discounts and misleading multi-buys” and be more open with consumers who are increasingly worried about rising food prices, according to consumer watchdog Which?

Poultry producers said feed costs were the biggest cause of production cost hikes

Concern over poultry production cost hike

By Rod Addy

Poultry producers have reported a ‘major change’ in production costs in the past six months, according to a British Poultry Council (BPC) survey.

Don't compromise the success of new food and drink products by neglecting manufacturing practicalities, warns Coriolis

Process as vital as products to improve NPD success

By Gary Scattergood

Food and drink companies are failing to give their new products the best chance of success by paying too much attention to products and not enough to the practicalities of the manufacturing processes, according to food specialist management consultancy...

Increase in PRN costs required: British Glass

Inflated PRN costs leave glass users hungry for reassurance

By Paul Gander

The current inflated cost of packaging recovery notes (PRNs) in the glass sector is a temporary problem caused by a toxic cocktail of issues specific to last year, industry and compliance organisations have stated.

Companies need to pay more attention to IT budgeting

Firms are wasting cash on complex IT

By Rick Pendrous

Half of UK businesses are wasting thousands of pounds on IT support when they could be spending less by streamlining their systems for business advantage, according to a enterprise resource planning (ERP) systems specialist.

Premier Foods has focused on its 'power brands'

Premier Foods gets cautious approval from analysts

By John Wood

Shares in Premier Foods have retained a ‘Buy’ recommendation from investment and banking firm Investec, ahead of its interim results, which will be published tomorrow (August 7).

The new electronic nose technology could cut fruit waste by up to 30%

New electronic nose detects fruit ripeness

By Mike Stones

A new electronic nose designed to detect ripeness could save millions of pounds each year in preventing the wastage of fruit and vegetables, according to researchers at the Massachusetts Institute of Technology.

Not going cheep: The cost of Christmas dinner is nearly 10% more expensive this year

Christmas News-in-brief Roundup

By Freddie Dawson

The rising cost of Christmas, a boost for frozen meat sales and tough times for confectionery firm Thorntons all feature in our festive news-in-brief round up.

Who’s afraid of the big bad grocery adjudicator?

Who’s afraid of the big bad grocery adjudicator?

By Ben Bouckley

BIS today published a draft bill to aimed at “giving teeth” to the groceries supply code that protects suppliers against excessive risks or unexpected costs in dealings with retailers, but the BRC has hit out at what it says is "ill judged"...

Soaring costs turn bakeries to toast

Soaring costs turn bakeries to toast

By Graham Holter

The bread and bakery industry is facing costs that are “spiralling out of control”, despite the fact that the UK is effectively self-sufficient in wheat, according to a new report.

Polman: 'breakthrough' innovation

Unilever: Things will get worse before they get better

By Elaine Watson

Life will only get tougher for Unilever in the second half of 2010, but things could improve in 2011 as its Genesis innovation programme starts to bear fruit, cost inflation cycles out and rival Procter & Gamble (P&G) starts to run out of steam,...

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