Tesco boss pledges to be ‘customers’ champion’
The new Tesco boss’s pledge to be “the customers’ champion” has won praise from City analyst Shore Capital.
Archives for September 2, 2014
Great British Bake Off effect lifts home baking
BBC One’s The Great British Bake Off is reviving flagging home baking sales, which have been slumping since the beginning of the year, according to market analyst IRI.
Cargill strikes £266M ADM chocolate deal
Ingredients giant Cargill aims to gobble a bigger chunk of the global chocolate market, having agreed to buy Archer Daniels Midland’s (ADM’s) interests in the sector for $440M (£266.4M).
Campaigners slam retailers in fight for dairy industry
Farmers For Action (FFA) has lashed out at retailers for not allowing price increases as dairy farmers face plummeting milk prices and is pressing for government and European Commission (EC) support.
Food firms should look online for cost savings
Food and drink manufacturers should visit a free online database to find innovative packaging to save money and reduce their environmental impact, according to the Waste & Resources Action Programme (WRAP).
Sales soar at egg processor
Egg processor LJ Fairburn and Son has seen annual sales rocket by 42% after clinching a contract with top supermarket Asda and going independent and is now approaching turnover of £40M.
London group FoodCycle wins government funding
Bromley-by-Bow-based FoodCycle has received £10,000 of government funding to help it increase volunteering opportunities.
Food exports to drive 10,000 new Scottish jobs
Up to 10,000 new food and drink industry jobs could be created over the next five years thanks to Scotland’s rapidly rising exports, predicts a report from Bank of Scotland.
Health claims law trips up tea firm
A company promoting healthy teas has been slammed by the Advertising Standards Authority (ASA) after falling foul of the EU's nutrition and health claims regulation (NHCR).