With news of administrations, proposed closures and complete shutdowns haunting the headlines, Food Manufacture takes a deep dive into the drivers, whether this is a trend set to last and what businesses can do to turn things around.
The number of UK food and drink businesses placed into administration during the first half of 2023 is up 110% year-on-year, according to new findings from insights firm Kroll.
Plant-based manufacturer Meatless Farm owes more than £2m to a mixture of creditors, employees and HSBC bank, according to a new report compiled by administrators.
Food and drink industry bodies have welcomed news that the facilities of vegan food producer Plant & Bean were sold to two businesses owned by vegan activist Heather Mills.
More than 200 jobs could be at risk at a Welsh supplier of frozen meals to the NHS, after reports that the owners are considering entering the business into administration.
Andrew Taylor, partner and head of restructuring at law firm Shakespeare Martineau, provides insight into how food and drink firms can avoid administration.
