Dairy Crest on rise after Sainsbury milk deal: City
Winning Sainsbury’s liquid milk contract has put Dairy Crest on track to reach its dairies division target of 3% operating profit margin, according to City analyst Panmure Gordon.
Archives for February 20, 2013
Supermarkets have ‘underwear around ankles’ on horse meat
The horsemeat scandal has caught big retailers “with the their underwear down” and it was still too early to predict the full implications of the crisis, a leading food policy commentator has told FoodManufacture.co.uk.
Iceland in hot water after ‘Irish slur’
Iceland chief executive Malcolm Walker has apologised after making disparaging comments about the Irish on a BBC TV documentary about the horse meat scandal.
World’s biggest food firm withdraws ‘horse’ products
The world’s biggest food company Nestlé has been drawn into the deepening horse meat scandal, after it was forced to remove beef pasta products in France, Spain and Italy when they were revealed to contain horse DNA.
Morrisons’ boost from horsegate will be ‘short-term’
Morrisons’ bid to profit from the horse meat scandal will provide a ‘short-term bounce’ rather than a long-term turnaround, say City analysts.
Food fraud plans unveiled by England, Scotland and EU
Food safety officials in England, Scotland and the EU have all revealed measures to step up the detection of food fraud, in the wake of the horse meat scandal.
Nestlé recruiting to fill 400 manufacturing jobs
Nestlé has started recruiting for the 400 jobs created by the £110M expansion of its coffee manufacturing facility in Tutbury, Derbyshire.
Business Leaders' Forum
Food manufacturing bosses review ‘a year of surprises’
Last year was packed with surprises for the food and drink manufacturing sector, according to business guru Paul Wilkinson.