Archives for November 2, 2016

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Tesco in £100M investor damages claim storm

By Matt Atherton

Tesco is facing damages claims totaling more than £100M, after around 125 institutional investors claimed the supermarket’s 2014 accounting irregularities cost them millions of pounds, it was revealed this week.

Kerry Group reports growth despite Brexit fears

By Matt Atherton

Irish food and ingredients firm Kerry Group reported 2.2% growth in its consumer foods division in its financial update for the nine months to September 30, despite Brexit uncertainty and fluctuating currencies.

So, who should pay for nutrition research?

By Rick Pendrous

Concern is growing that the science underpinning nutrition is being attacked by some public health researchers and lobbyists who refuse to accept a role for industry in commissioning nutrition research, regardless of any controls put in place to ensure...

2 Sisters proposes 350 job cuts in south Wales

By Matt Atherton

2 Sisters Food Group’s plan to cut 350 jobs at its St Merryn meat plant in south Wales was described as “devastating news” by the Union of Shop, Distribution and Allied Workers (Usdaw).

Food firms urged to raise their counter-fraud game

By Rick Pendrous

Food fraud good practice guidance has been launched today (Wednesday November 2) by the Chartered Institute of Environmental Health (CIEH) in an effort to get the industry to protect itself better from fraud by adopting established counter-fraud measures.