Inside food & drink manufacturing
Losses for Boparan Holdings, the holding company for 2 Sisters Food Group, have widened to £27.5M from £12.3M a year ago, as the company continued to cut costs and capital expenditure, a second quarter trading update has shown.
Chilled food manufacturer Greencore is to boost its US business with the construction of a greenfield factory development at Quonset, Rhode Island.
Purity Soft Drinks has appointed David Bell as its new boss, as part of the expansion of its JuiceBurst brand.
Budget 2014
Chancellor George Osborne’s Budget has been greeted mainly with bouquets, as business leaders praised action on energy prices and exports, while some expressed disappointment about his failure to cut fuel duty.
A rice manufacturer has been ordered to pay £15,000, after one of its workers crushed his finger in an unguarded sealing machine.
Morrisons has launched a three-step plan to safeguard its data, following the arrest of an employee for theft of personal information from its staff payroll system.
Support for investment and help to boost exports and cut energy costs are three topics topping the food and drink industry’s wish list from chancellor George Osborne’s Budget, to be delivered later today (March 19).
Morrisons has refused to confirm or deny suggestions it is preparing to slash suppliers’ prices, in a bid to combat discounters Aldi and Lidl, as top analysts predict food manufacturers could fall victim to a supermarket price war.