The former owner of Bernard Matthews, Rutland Partners, has denied claims made by a select committee, that it was more concerned with “lining its pockets” than safeguarding workers’ rights.
Premier Foods’s ceo Gavin Darby has blamed a 4% fall in the manufacturer’s Grocery division sales and falling profits on warm weather in half-year results for the 26 weeks to October 1 2016.
The acquisition of turkey processor Bernard Matthews by 2 Sisters Food Group owner Ranjit Boparan is under investigation by the Competition and Markets Authority (CMA).
The sale of Bernard Matthews to 2 Sisters owner Ranjit Singh Boparan could leave hundreds of businesses out of pocket, and even force some to close, according to industry insiders.
Nestlé should put its controversial pension changes on hold in order to safeguard up to 7,600 workers losing thousands of pounds in retirement income, both Unite and the GMB unions have warned.
Nestlé has denied union claims of “pension betrayal”, after revealing plans to close its defined benefit pension scheme and replace it with a defined contribution scheme.
Nearly 200 Sainsbury drivers will cause “substantial” disruption today (June 20), when they walk out on their Merseyside distribution centre in a pension row that could cost them tens of thousands of pounds, claims Unite the union.
Food companies struggling to address deficits in their pension funds have been thrown a lifeline by the government appointed watch-dog that oversees company pension schemes.
The European Commission (EC) wants to impose pension changes that would cost UK businesses £350bn (€440bn) and 180,000 jobs, according to research commissioned by the Confederation of British Industry (CBI).
Pensions remain “the biggest strategic issue for the food industry”, experts suggested, following the launch by the government of auto-enrolment pensions today (October 1).
The long-running pension row at consumer giant Unilever has ended after Unite overruled fellow unions GMB and the Union of Shop Distributive and Allied Workers (Usdaw) and accepted an improved offer from the firm.
Unilever workers in the UK took their dispute over the food giant's decision to close its final salary pension scheme to the company's headquarters in Rotterdam last month.
Workers at consumer goods giant Unilever are taking the row over changes to their pensions overseas after Unite the Union accused ceo Paul Polman of “executive greed” and double standards.
Pot Noodle manufacturer Unilever is remaining defiant in the row over changes to its pension scheme after the Advisory, Conciliation and Arbitration Service (ACAS) confirmed that talks with the unions would start later this week.
The row over changes to the pension scheme at Marmite manufacturer Unilever has taken a step closer to reconciliation today (February 3) after the Anglo-Dutch consumer giant agreed to resume talks with the unions.
The row over changes to the pension scheme at Anglo-Dutch consumer giant Unilever is set to intensify next month after Unite the Union compared the firm’s latest set of “mind-blowing” profits with its pension policy.
The industry views Greencore's plans to take over troubled own-label chilled foods business Uniq in a cash bid valued at £113M as a consolation prize for its failure to get its hands on Northern Foods. The latter was snapped by Ranjit Boparan, owner...
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New legislation coming into force next year, which requires companies to automatically enrol employees in pension schemes, could prove unfairly burdensome on small food companies that have a high staff turnover, pension experts have warned.
A deal that will see Uniq tackle its gaping pension fund deficit by handing over more than 90% of its shares to its pension scheme has finally been cleared after months of negotiations.
The fact that Uniq has finally pencilled in a firm date by which it aims to resolve its pension problems has tempered disappointment over contract losses at its Minsterley desserts factory.
Uniq has unveiled plans to tackle the £436m hole in its pension scheme with a deficit-for-equity swap that will deliver 90% of the company's equity to the pension fund.
Early indications are that the 1% rise in basic pay offered to staff at Nestlé UK’s York factory might not be enough to avert the threat of industrial action.
