Archives for October 9, 2016

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Bernard Matthews deal: potential supplier losses grow to £39M

By Noli Dinkovski

Bernard Matthews’ unsecured creditors amount to a combined total of £39M – and could increase yet further – in the wake of the pre-pack administration takeover by 2 Sisters boss Ranjit Boparan, according to a Work and Pensions Committee briefing...

Free-range egg campaign calls for price premium

By Matt Atherton

Almost 80% of UK shoppers are happy to pay a premium for free-range eggs, according to a survey by the Love Free Range Eggs campaign, adding to its calls for retailers to maintain the prices of free-range eggs.

New snacks giant formed from £225M merger

By Michael Stones

Snack firms Kolak Food Snacks Ltd and Europe Snacks have merged to form a £225M (€250M) manufacturing business, which employs 1,400 people and produces more than 1.4bn packs a year.

EU workers are vital to the logistics industry: FTA

By Matt Atherton

Non-UK EU workers make as vital contribution to the logistics sector as their counterparts do in the National Health Service and the construction industry, said the Freight Transport Association (FTA).

Bernard Matthews deal under fire for extracting ‘maximum cash’

By Noli Dinkovski

Bernard Matthews’ takeover by 2 Sisters boss Ranjit Boparan appears to have been “carefully crafted” to enable secured creditors to extract maximum value from the company – while at the same time dumping the pension scheme and other liabilities – a Work...