Manufacturing prospects now ‘look bleaker’
UK manufacturing prospects look bleaker now than at the beginning of the year, according to a new survey, which includes food and drink manufacturers.
Archives for September 6, 2015
Quorn lifts capacity by 50% to meet surge in US sales
Quorn Foods has revealed a 50% increase in production capacity to meet a surge in global sales – particularly from the US and Europe – but has remained silent on reports of a takeover bid.
Taylors eyes future coffee investment
Taylors of Harrogate will bring the production of its new coffee capsule products in-house as soon as possible, factory manager John Hennighan has said.
Changes to food colour labels needed before time runs out
The deadline to implement the European Commission’s (EC’s)guidance on the classification of food extracts with colouring properties will end soon.
More quality, depth and diversity among food manufacturing Oscars
Improved quality, depth and diversity were the three themes of this year’s Food Manufacture Excellence Awards (FMEA), according to one of the judges.
Morrisons ‘most vulnerable’ to acquisition: analyst
Morrisons’ 11% market share and poor past management makes it the “most vulnerable” of the big four supermarkets to acquisitions, a leading analyst has claimed.
Quorn quiet on reports of takeover bid
Quorn Foods is remaining quiet on reports that acquisition firm Nomad Foods and chip giant McCain Foods are preparing takeover bids for the meat-free food manufacturer, as it revealed a 50% boost in production capacity to meet surging export demand.
Jamie wins 100k signatures to force sugar tax debate
The government will be forced to consider debating whether to tax sugary drinks after a petition calling for the move by celebrity chef Jamie Oliver gained more than 100,000 signatures.
Food exports drop 5% due to currency factors
UK exports of food and non-alcoholic drink exports dropped 5.3% in value to £6bn in the first six months of the year, as the strength of sterling became “a growing concern”, warned the Food & Drink Exporters Association (FDEA).
ABF profit hit by £30M by weakened euro
Associated British Foods (ABF) has revealed its adjusted operating profit will fall for the 52 weeks to September 12, by at least £30M, due to a significant weakening of the euro.
BMPA director announces retirement
Stephen Rossides, director of British Meat Processors Association (BMPA), has announced his retirement.