Food ingredients firm AAK UK Ltd has been ordered to pay more than £162,000 after a forklift truck driver was killed in an accident at its Runcorn facory.
Premier Foods and other food and drink manufacturers are teaming up with retailers to tackle Britain’s youth unemployment, as part of the grocery think-tank IGD’s Feeding Britain’s Future campaign.
Grocery sales remained “in the doldrums” from February to April, according to leading food analyst Clive Black of Shore Capital, citing data from the British Retail Consortium (BRC) and accountants KPMG.
New product development opportunities lie in the nut-based and sweet spread category, particularly with regard to ingredient flavour and multi-use innovation, according to new research from Mintel.
Premier Foods is preparing product launches and marketing campaigns to hit the market with as the dust settles following the successful completion of its refinancing deal.
A starring performance by clothes retailer Primark and strong growth in grocery helped Associated British Foods (ABF) lift its half-year group profits by £7M to £463M, despite a slump in its sugar business due to lower prices.
Premier Foods is now set for growth after completing “a transformational restructuring” of its balance sheet, said City analyst Shore Capital in a note titled ‘At last, it’s time to get on with the day job’.
Herb and spice manufacturer The Barts Ingredients Company has acquired sauce and paste business OTP Foods in a multimillion pound deal funded by bank Santander Corporate & Commercial.
About 50 new jobs were created by the relocation of Symington’s noodle production from China to a new factory in Hunslet, near Leeds, the firm confirmed at the official opening last Friday (April 4).
New rules governing the handling and labelling of food allergens, which come into force later this year, could drive up the number of food alerts issued by the Food Standards Agency (FSA), unless manufacturers and others take urgent action.
British Sugar is investing £50M in its four existing UK sugar beet factories this year, a spokeswoman for the Associated British Foods (ABF) subsidiary has confirmed.
Premier Foods’ real challenge starts now, in the wake of its successful refinancing deal, although the agreement was an important milestone, claims one industry expert.
Premier Foods now has “the brightest outlook for a decade”, after re-engineering its balance sheet with a major refinancing plan, says City analyst Shore Capital.
Heinz UK plans to recruit 80 employees for its Telford production site as part of efforts to consolidate its foodservice operations across Europe, boost efficiency and slash excess capacity.
Premier Foods is continuing to review its refinancing options, the food manufacturing giant confirmed today (March 3), after weekend press reports claimed it would reveal a deal worth more than £750M this week.
Tesco may have missed an opportunity to champion shoppers, as its vow to invest £200M in price cuts annually may not be aggressive enough, according to a leading grocery analyst.
Associated British Foods (ABF) faces fines for anti-competitive practices if a competition authority probe just launched finds it guilty in the latest round of a longstanding feud with Napier Brown.
Complying with the EU’s new food labelling rules – set out in the Food Information to Consumers Regulation (FIR) – will be a “truly enormous” job that will carry “a colossal cost”, warns Stephen Spice, Campden BRI’s new head of regulatory affairs.
There’s still time to register for the free, one-hour online seminar on the EU’s new food labelling rules, which takes place at 11am GMT tomorrow (February 20).
Restaurant-inspired molecular gastronomy offers considerable potential for food manufacturers’ new product development (NPD), according to Stefan Cosser, head of innovation at consultancy Food Innovation Solutions (FIS).
Social media is increasingly being used to identify the sources of food poisoning, following its use by investigators from Public Health England (PHE) to narrow down a large multiple pathogen outbreak at an outdoor food festival in Newcastle upon Tyne...
Napier Brown’s Immingham sugar plant is ready for commissioning and should help the firm offset the negative impact of plunging sugar prices, according to owner Real Good Food Company (RGFC).
Further details of a Premier Foods’s debt reduction deal did not surprise City analysts, although they claimed the press reports represented little real progress.
“The biggest overhaul of food labelling for over 25 years,” is how Premier Foods summarises the implications of the EU’s new Food Information to Consumers Regulation – due to be enforced on December 13 2014.
The skills gap in the food and drink manufacturing sector has not shrunk, despite the latest government statistics showing that UK unemployment overall has fallen.
A cure for children suffering the misery – and sometimes fatal consequences – of peanut allergy has moved significantly closer, according to a consultant allergist involved in a new ground-breaking study.
Online grocery distribution business Ocado will not deliver cash flow growth in the short term, according to City analyst Shore Capital, after the online grocery distribution business released its results for the 16 weeks to December 1 2013.
Premier Foods boss Gavin Darby has been appointed chair of the Food Engineering Industrial Advisory Board (FEIAB) for the National Centre of Excellence for Food Engineering.
Heinz and other big table sauce manufacturers are putting the profits of smaller players under massive pressure, according to a fresh report from Rabobank.
Sainsbury’s third quarter results for the 14 weeks to January 4 2014 were greeted with relief by City analysts, as the supermarket’s boss Justin King pledged to stay at the helm – at least for the short to medium term.
The Greek presidency of the EU Council should make industry consultation on new food labelling rules one of its four key priorities, says the European food manufacturers’ organisation FoodDrinkEurope.
Chinese sauce manufacturers Helen and Lisa Tse – who started their food business with a £50,000 investment from the Dragons’ Den TV programme – have each been awarded a Member of the British Empire (MBE) in the New Year’s honours list.
Premier Foods’ refinancing deal, announced last week (December 19) is “a step in the right direction”, but investors will remain ambivalent until more progress is made, according to industry commentators.
Pasta Foods is creating 50 jobs by expanding into a newly bought factory in Norwich, helped by £500,000 worth of funding from New Anglia Local Enterprise Partnership’s (LEP’s) Growing Business Fund.
Noble Foods has appointed Andrew Cracknell as its new chief executive, following Peter Thornton’s decision to stand down from the role after five years.
