The Food and Drink Federation (FDF) applauded the Conservative Party’s general election manifesto, while other industry representatives had concerns about immigration restrictions.
Boparan Private Office has “welcomed” the Competition and Markets Authority’s (CMA’s) decision to clear its acquisition of turkey processor Bernard Matthews, after it was probed over the takeover.
Draft legislation for the Soft Drink Industry Levy has been described as “complex” and raises “serious questions” if a sugar tax would work, said law firm DWF.
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.
Bernard Matthews’ takeover by 2 Sisters boss Ranjit Boparan appears to have been “carefully crafted” to enable secured creditors to extract maximum value from the company – while at the same time dumping the pension scheme and other liabilities – a Work...
Food and drink manufacturers are still coming to terms with the budget proposal to introduce a sugar tax on soft drinks, while welcoming business rates reform but expressing disappointment on the failure to cut alcohol duties.
Mondelēz International has hit back at critics who argued the global food giant avoided meeting its UK tax liabilities last year, after it was revealed the business paid no corporation tax in 2014.
British manufacturers – including food and drink producers – will be looking for answers to seven key questions in the chancellor George Osborne’s Spending Review and Autumn Statement this afternoon, according to manufacturing organisation EEF.
The Conservative party has pledged to double start-up loans for businesses and more than double the number of apprentices in its 2015 General Election manifesto.
Wetherspoon remains the “standout quality pub operator” with attractive assets, dependable returns and a sensible roll-out programme, according to City analyst Investec.
Three City analysts have welcomed Premier Foods’ six-month results but continued to worry about the food manufacturer’s growth prospects and debt burden.
Bouquets and brickbats – seemingly in equal measure – greeted the chancellor’s budget this week. Here, we bring you a flavour of the key points in quotes from industry groups and leading players.
Help with rising fuel costs, less red tape and easier access to finance are top of food manufacturers’ Wish List for the 2013 budget. FoodManufacture.co.uk asked some of the industry’s key players what they would like to see in the Chancellor’s Budget...
Premier Foods faces six key challenges – including: managing consumer demand uncertainties, reducing its borrowing and grappling with its pension deficit – according to City analyst Investec.
Premier Foods’ full-year results for the year ended December 31 2012 divided City analysts but all agreed its debt mountain continued to give cause for concern.
Food manufacturers and producers welcomed chancellor George Osborne’s autumn statement yesterday (December 5) highlighting changes to the tax system as benefiting the food and drink manufacturing industry.
Chancellor George Osborne’s surprise u-turn on plans to charge VAT on some hot pasties, pies and sausage rolls has received widespread press coverage. Here’s how the national media – newspapers, TV and radio – have reported the news.
High street baker Greggs has hit out over the government’s decision to impose a tax on all warm foods after Chancellor George Osborne’s budget announcement led to £30M being wiped off the firm’s value.
As pundits continue to pick through the fine print of Chancellor George Osborne’s Budget, we capture the implications for food and drink manufacturers in key quotes. There’s a a summary box too, listing the main points for food and drink firms.
Food and drink manufacturers have given a mixed reception to Chancellor George Osborne’s budget after he introduced measures affecting energy, red tape for small businesses and introduced VAT on sports nutrition drinks and takeaway hot food.
Chilled food processors must remedy overcapacity and meet financial challenges, such as pension deficits, to realise the sector’s potential, according to Geoff Eaton, former chief executive of chilled firm Uniq.
City analysts believe that Tate & Lyle could pursue growth via acquisitions, rather than in-house development, as they discussed the firm’s first quarter trading update yesterday.
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.
Chilled convenience firm Uniq said Christmas trading was “close to expectations” in the fourth quarter with a weaker performance in desserts (down 1.7%) offset by a strong performance in food-to-go (up 8.3%).
Yesterday's emergency budget should prove "reasonably neutral" for food manufacturers, and potentially beneficial for exporters, according to City analysts and trade associations.
