Archives for March 28, 2017

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Brexit ‘may boost’ UK food manufacturers

By Matt Atherton

Brexit could benefit food manufacturers, according to food and agribusiness bank Rabobank, ahead of the UK’s formal exit from the EU, which is triggered today (March 29).

Tesco fined £129M for market abuse

By Gwen Ridler

Supermarket giant Tesco’s subsidiary, Tesco Stores Ltd, has agreed to pay a £129M fine in order to avoid prosecution for market abuse, after overstating its profits in 2014.

Prioritise food, urges industry as Brexit triggered

By Michael Stones

The food and drink sector should receive priority in the forthcoming Brexit talks – which will begin after Article 50 is triggered today – urges a range of industry organisations.

Nestlé cuts 1,000t of sugar from Kit Kat range

By Gwen Ridler

Food giant Nestlé is set to release its new lower sugar Kit Kat chocolate bar which it claims will cut 1,000t of sugar from the UK’s diet, following its pledge to cut sugar in all of its confectionery earlier this month.