Pork Farms and Kerry Foods deal set to clear
Pork Farms’s purchase of Kerry Foods’s chilled savoury pastry factories at Poole, Dorset, and Spalding in Lincolnshire, has been provisionally cleared by the Competition and Markets Authority (CMA).
Archives for April 21, 2015
Food distributor NR Evans creates 60 jobs
Chilled food distributor NR Evans has created more than 60 jobs in an expansion of its operation backed by a £3M lending facility from Lloyds Bank.
Signs of hope after Tesco’s ‘dismal’ year
Tesco has suffered a ‘dismal’, ‘nightmare’ year, “struggling to reassert its dominance”, but is showing signs of hope for the future, according to analysts.
Cancer-causing dye sparks palm oil recall
The presence of a cancer-causing dye, Sudan IV, in palm oil products sold at a London cash and carry has prompted the Food Standards Agency (FSA) to issue a recall notice.
Tesco posts its worst ever pre-tax loss of £6.4bn
Tesco has posted a pre-tax loss of £6.38bn for its financial year to the end of February – the worst result in its 96-year history.
Unite: Bakkavor firm’s redundancy pay ‘insulting’
Trades union Unite has attacked Yorkshire Fresh Fruits (YFF) for offering an ‘insulting’ £50 on top of statutory redundancy pay for hourly paid workers when it closes in June.
Management reshuffle Potts’s most ‘significant’ bit of business
The widespread management reshuffle at Morrisons has been the most significant activity at the retailer since David Potts took over in March, according to an exclusive poll on this website.
Supermarket pricing ‘misleads’ shoppers: Which?
Supermarkets’ ‘misleading pricing policies’ have been referred to the Competition and Markets Authority (CMA) in the form of ‘a super complaint’ by the consumer pressure group Which?
Food suppliers ‘devastated’ by supermarket price war
Supermarket price war continues to “devastate” small-scale food and drink suppliers, as they fight a David and Goliath style battle with the big retailers, warns business recovery specialist Begbies Traynor.
Tate & Lyle faces £125M in costs for restructure
Tate & Lyle has announced a restructure of its international ingredients business, which focuses it on its Speciality Food Ingredients (SFI) division in Europe and will cost £125M.