Cranswick remains ‘cautious’ as it tackles inflation with 25 per cent profit gains November 21, 2023 UK food producer Cranswick has regained strong positioning after inflation took its toll this year, reporting a 12.3 per cent increase in revenue in its half-year interim results today.
Food supply chains ‘on edge of failing’, meat industry warns July 21, 2021 The country’s food supply chains are “on the edge of failing” as the so-called “pingdemic” aggravates a critical shortage of labour, a sector body said tonight. The British Meat Processors’ Association (BMPA) said the shortage of skills was so critical, some plants had reported vacancies of 10 per cent to 16 per cent of permanent [...]
From grocery delivery to supply chains, the future of food tech is in flexibility August 13, 2021 Grocery delivery apps, promising to deliver food and drink in just 10 minutes, have become almost ubiquitous on London’s streets after more than a dozen launched in the last year. Venture-backed grocery companies have raised over $10bn so far in 2021, according to figures from Pitchbook. Less visible, but no less disruptive, we have also [...]
Get that bread: Baking giant picked up in yet another London take-private September 20, 2023 Finsbury Food Group, the baker behind a raft of own-brand supermarket products and the maker of Thornton's cakes, is set to go private after accepting a bid from an Isle of Man-based fund manager.
Arcane taxes on junk food is all pain with almost no benefit July 16, 2021 Some people are born lucky. They can eat junk food all day long without putting on any weight. Others develop rolls of fat after a few packets of crisps. The former can live blissfully without these concerns. The latter must struggle every day – either with obesity or self-control and exercise – to stay in [...]
Lorry driver squeeze and CO2 shortage leaves Brits unable to buy food September 24, 2021 Severe lorry driver and CO2 shortages are stopping Brits from buying food, according to official statistics released today. Around one in six people are unable to buy essential food items due to them not being available, according to the Office for National Statistics (ONS). A paucity of lorry drivers has led to lengthy delays in [...]
Opinion: Geronimo cannot be saved without sacrificing the UK’s food standards August 9, 2021 It’s August and an alpaca craze has overtaken British politics. After a chaotic few years banging on about Brexit and Covid, this summertime story has captivated the nation. Officials have ordered Geronimo, an alpaca imported from New Zealand, to be put down after twice testing positive for bovine tuberculosis. But alpaca owner, Helen Macdonald, claims [...]
Co-op sales fall 3.2 per cent amid food shortages September 16, 2021 The Co-op has warned that full year profit could be hampered by ongoing supply chain issues after sales fell by 3.2 per cent in H1 2021. Group revenue stood at £5.6bn for the first half of the year, up 4.2 per cent compared to pre-pandemic levels, but a cut below the heights seen last year [...]
Credit Suisse may bow out of leading Olam’s food London listing September 13, 2021 Credit Suisse may reportedly bow out of leading Olam’s food ingredients listing in London, after turning down a loan request. The beleaguered Swiss bank chose not to take part in loan facilities Olam raised in August, Bloomberg first reported, citing people familiar with the matter. Credit Suisse was joined by Citigroup and JPMorgan Chase & [...]
Most supply chain heads could not give a damn about tracking food waste despite link to climate crisis December 6, 2021 Nearly three-quarters of senior decision makers in the supply chain and in food procurement are currently not tracking the amount of food their organisation wastes, according to new research shared with City A.M. today. In fact, almost two-thirds (64 per cent) of respondents told food facilities management company Sodexo in survey that direction from government [...]