Archives for April 1, 2015

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Tesco to use nutrient profiles to target health

By Rick Pendrous

Tesco plans to use the average nutrient profiles of food within its shoppers’ baskets as a means of informing its future new product development (NPD) and providing targeted healthy eating advice and marketing strategies.

FIR compliance ‘costs more than firms predicted’

By Michael Stones

Many food manufacturers are spending more than they intended on complying with the new EU labelling rules, set out in the Food Information for Consumers Regulation (FIR), after details about compliance arrived late and were confusing to interpret,...

Mondelēz mulls £80M extra Banbury spend

By Nicholas Robinson

Mondelēz could pump a further £80M into its Banbury instant coffee production facility, creating up to 160 new jobs, if an existing £40M investment in two Tassimo lines yields good results.

KP Snacks axes 70 roles at Phileas Fogg Consett site

By Rod Addy

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.

Election 2015

Election ‘puts food capital investments on hold’

By Nicholas Robinson

Uncertainty in the lead up to the general election is causing food firms to put on hold plans for capital investment and freeze their employees pay, even though the economy has picked up, a leading economist has claimed.

Finsbury pre-tax profit rockets 95% after acquisition

By Michael Stones

Finsbury Food Group, the cake, bread and bakery goods manufacturer, has posted pre-tax profits up by 95% to £4.1M for the six months to December 27 2014 – boosted by its acquisition of the Fletchers Group of Bakeries.

Whisky industry urges free trade to boost exports

By Michael Stones

Sinking whisky exports underline the need for the next government to press for more open markets and ambitious Free Trade Agreements (FTAs), urges the Scotch Whisky Association (SWA).

M&S gets results from innovation

By Rod Addy

Marks & Spencer (M&S) boosted food sales in its fourth financial quarter (Q4), fuelled by hundreds of new lines, including a strong seasonal offer, according to analysts.