Money

Groceries Code Adjudicator Christine Tacon has welcomed an increase in contact from suppliers

Supermarket forecasting errors and ‘pay to stay’ hurt suppliers

By Rick Pendrous

Supermarkets charging for forecasting errors, consumer complaints, margin maintenance, payments to remain listed – or being delisted without sufficient notice – or for better positioning instore and delayed payments, are some of the top problems raised...

Tacon: ‘I also need to encourage the small suppliers to get involved’

Shelf-space payments face GCA scrutiny

By Noli Dinkovski

Food and drink manufacturers are being urged to participate in a consultation that aims to find out whether retailers are asking their suppliers to pay for better positioning of goods or expanded shelf-space.

Tesco boss Dave Lewis apologised for a second time for mistreating suppliers

Tesco apologises for grocery code abuses – again

By Michael Stones

Tesco boss Dave Lewis has apologised for a second time to suppliers, after the Groceries Code Adjudicator (GCA) ruled Britain’s biggest retailer had breached the Groceries Supply Code of Practice rules in three key areas.

SMEs are being forced to wait longer for payment than their larger counterparts

Food and drink SMEs wait longer for payment

By Laurence Gibbons

Small to medium-sized food and drink manufacturers (SMEs) are being forced to wait more than two-weeks longer than big businesses to receive payment from their customers, according to research by the Asset Based Finance Association (ABFA).

Tesco 'does not have the basis for continuing to withhold the payments'

Former Tesco execs get £2.2M pay-off after all

By Rod Addy

Tesco has agreed to pay ceo Philip Clarke £1.2M and chief financial officer Laurie McIlwee £970,000 in damages, having suspended payments following their 2014 departure from the business.

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.

Cash crisis: bullying tactics were driving small businesses to breaking point, warned the FSB

Supply chain bullying: Five things to beware

By Michael Stones

Food manufacturers and other firms should beware five unfair practices that larger businesses use to bully their suppliers, according to the Federation of Small Businesses (FSB).

Tacon: Unless suppliers support me, I will go

Retailer watchdog will go without supplier support

By Rick Pendrous

Groceries Code Adjudicator (GCA) Christine Tacon has criticised food and drink suppliers for failing to complain about supermarket abuses of power, warning her office was threatened unless they were more forthcoming.

Late payments have hit 23% of small business surveyed by the Forum of Private Business

Late payments hit 23% of small businesses

By Laurence Gibbons

Almost a quarter of small businesses have felt the effects of late payments over the past year, according to research by the national small business group the Forum of Private Business.

Clare Cheney, director general, Provision Trade Federation

Nobody does IT better - except the Dutch

By Clare Cheney

An article on government spending in The Times on April 24 cited eye-watering examples of overspending involving billions of taxpayers' money over the years on purchasing goods and services.

Walton says middle class consumers are also changing their buying habits

Industry must adapt to radical societal change

By Rick Pendrous

The grocery retail environment is undergoing radical change. Both retailers and their suppliers need to adapt to reflect societal changes, such as cuts in social payments to poorer sections of our society, the chief economist for the grocery think tank...

Former GVS vets and meat hygiene workers protested outside the FSA's London headquarters on Friday (April 13)

Unison slams FSA in agency payment row

By Dan Colombini

The row between meat hygiene workers and the Food Standards Agency (FSA) has escalated today (April 18) after the union Unison demanded answers over missing pay for hundreds of agency workers.

Meat hygiene workers and vets will campaign outside the FSA headquarters today

Meat hygiene workers stage FSA no pay protest

By Dan Colombini

Meat hygiene workers who carried out work for the Food Standards Agency will protest outside the organisation’s headquarters this afternoon after its poor handling of a contract resulted in £500,000 of unpaid wages, Unison has claimed.

Clarke received a golden hello of nearly £2M

Premier Foods bosses receive £3.5M in payments

By Dan Colombini

A total of nearly £3.5M was paid to Premier Food’s executives last year, with new md Michael Clarke receiving a golden hello payment of £1.94M upon joining the firm eight months ago.

CAP reform threatens farmers who manufacture food

CAP reform threatens farmers who manufacture food

By Rick Pendrous

The requirement for “active farmers” under the latest proposals to reform to the Common Agricultural Policy (CAP) could hit those who derive most of their income from activities other than farming, such as food manufacture, an expert has warned

Offers in the region of £400,000 are invited for the Northumberland Foods' site

End of the line for Northumberland Foods?

By Ben Bouckley

Food production looks unlikely to restart at the former Northumberland Foods site in Amble, after it emerged that the firm’s assets are being auctioned off and the site sold.

Longbenton Foods' Tyneside site in happier days

Administrator seeks Longbenton Foods sale

By Ben Bouckley

Grant Thornton says it is seeking to sell Longbenton Foods as a going concern, after the Newcastle firm entered administration last Friday.

Headland Foods: Staff worry about losing redundancy pay

Headland Foods staff face redundancy pay dilemma

By Graham Holter

Workers at Headland Foods in Flint are asking for a more flexible approach to redundancy payments from owner Kerry Group, given worries that they could lose money by taking new work before the factory closes.

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