Food giant Nestlé is set to lose more than £127M and suffer brand damage worth billions of US dollars, after India banned its Maggi noodles on food safety fears, warns a brands consultancy.
Premier Foods’s boss Gavin Darby has once again vehemently defended the company’s so-called Invest for Growth plan, despite trading profits being down £8.9M on last year.
Nestlé’s Maggi noodles are being probed by the Food Standards Agency (FSA), after Indian authorities ruled the products were “unsafe and hazardous” due to the presence of high levels of lead.
Morrisons boss David Potts has today (June 8) slashed up to a third off the prices of 200 everyday items in his latest bid to turn the beleaguered retailer’s fortunes around.
The future of the agriculture levy boards, which form part of the Agriculture and Horticulture Development Board (AHDB,) in public hands could be in doubt following the suggestion by a senior industry source that the Conservative government might consider...
Senior women business leaders from the the food and drink industry – including managers from 2 Sisters Food Group, Bakkavor and the Food Manufacture Group’s publisher William Reed Business Media – are completing a week of building beehives in Tanzania;...
Discounters Aldi and Lidl could be on a path to destruction, potentially becoming “the person they tried to beat”, if their growth is mismanaged, leading city analysts have warned.
Discounter B&M will open 60 new stores in the UK, after reporting substantial revenue growth in the first set of results following its £2bn initial public offering (IPO) last year.
Investment in manufacturing will cease if the prime minister does not hold a referendum on EU membership at the earliest opportunity, the manufacturers’ organisation EEF has said.
Food and drink start-ups should have a strong brand identity, continuously improve their product and research both the market and consumer response to their product.
Premier Foods is stepping up innovation plans, after seeing gains from initial steps in the past year, ceo Gavin Darby claimed as he reported on full-year results at an analyst meeting.
Premier Foods claims its strategy of brand investment is paying off, despite reporting branded sales down 4.1% to £683.7M for the year to April 4 2015.
An animal feed firm has been fined £80,000 for safety failings after one of its workers died when he was buried under up to 10t of wheat being unloaded from a lorry – the second such prosecution in the past month.
Metcalfe’s Food Company aims to split in half, forming separate businesses for its Metcalfe’s Skinny popcorn and Asian food-to-go brand Itsu Grocery to enable greater focus on each.
The explosive growth in people “self-diagnosed” as suffering from food intolerances and those avoiding certain nutrients, such as gluten and dairy, for lifestyle reasons could be harmful, the head of the Anaphylaxis Campaign, which represents those with...
Unite the union has pressed the UK’s biggest retailers to secure shop floor jobs, following a spate of major redundancies in response to mounting pressure from the discounters Aldi and Lidl.
Soups, sauces and spreads manufacturer Baxters has been fined £6,000, after one of its workers suffered serious injury when his hand was caught between a conveyor belt and roller.
The finalists of Ecotrophelia UK 2015 – a competition which challenges students to develop new eco-friendly food – have been announced by the Institute of Food Science & Technology and Campden BRI.
It is vital more food and drink firms use horizon scanning to put in place robust measures to protect themselves against avoidable food safety threats in the future.
The presence of a cancer-causing dye, Sudan IV, in palm oil products sold at a London cash and carry has prompted the Food Standards Agency (FSA) to issue a recall notice.
UK industry – including food manufacture – is in a “state of stagnation” as suppliers cut investment and impose recruitment bans and pay freezes until May’s general election, experts have claimed.
More financial support must be given to food and drink start-ups by the next UK government if they are to survive their first year in business, Miso Tasty founder Bonnie Chung has urged.
Food manufacturing is essential to the future success of Morrisons, this website’s readers have ‘warned’ the retailer’s boss David Potts, following conflicting advice from City analysts.
Poundland could ditch its £55M deal to take over 99p Stores, after the Competition & Markets Authority (CMA) pledged to fully investigate the acquisition unless it received assurances that shoppers would not lose out, according to City analyst Shore...
Poundland’s plan to buy 99p Stores faces a full investigation by the Competition & Markets Authority (CMA), unless the retailer can offer assurances that shoppers won’t be disadvantaged by the deal.
The loss of 70 jobs at KP Snacks’s Consett factory, one-time home to Phileas Fogg crisps, was “an incredibly sad time” for its members and the local area, according to trades union GMB.
Sainsbury will bolster its online retailing capabilities by creating 480 ‘specialist’ jobs in response to rising consumer demand for more convenient and intuitive ways to shop.
Food industry leaders – including George Weston, ceo of Associated British Foods, which owns the Silver Spoon, Kingsmill and Ovaltine brands – have joined more than 100 business bosses in writing a letter of support for the coalition’s economic policy.
The food industy work experience scheme FoodStart – backed by celebrity chef Jamie Oliver – has passed a major milestone in registering its 400th student.
Online retail giant Amazon is in talks with policy makers worldwide to turn its plans for the drone delivery of packages – including food products – into reality.
Morrisons ceo David Potts is to axe up to 20 more bosses in a bid to clear out the old team and counter the firm’s multi-million pound losses by running it more like Tesco, a leading analyst has said.
Cash injections of up to £50,000 will be given to small food and drink firms, following the creation of six new Food Enterprise Zones by the environment secretary Elizabeth Truss.
Top food and drink manufacturing bosses Gavin Darby, Premier Foods, Leendert den Hollander, Coca-Cola Enterprises and Ranjit Singh Boparan, 2 Sisters Food Group, will be joining other food industry bosses in a back-to-schools plan to sharpen students’...
Panesar Foods is investing almost £9M in the expansion of its West Bromwich sauce manufacturing business, creating at least 30 jobs and potentially boosting its turnover.
Almonds could present a huge allergen threat to people but the full extent of the risk is unknown because of the lack of data on their allergenic properties, according to a leading scientist.
Premier Foods is set to gain from the growth in volume sales that supermarkets are experiencing and the fall in commodity costs, according to Shore Capital analyst Darren Shirley.
Food firms should work harder to cut and communicate sugar content in their products, according to seven in 10 consumers responding to a survey by market analyst Mintel.
