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Food industry
Branston Pickle Maker Forced to Make ‘Unprecedented Price Increases’
After manufacturing costs skyrocketed, Branston Pickle was forced to increase prices in an "unprecedented way".
Mizkan Euro which sells Sarson's Vinegar and the staple of Ploughman's Lunch, has said that in its newly filed accounts, the…
British Beef and Lamb Shortages Threaten Supermarkets
As hard-pressed farmers are facing a reduction in subsidies, supermarkets may face shortages of British lamb and beef.
Some farmers have reduced the number of cows or lambs that they own due to a fall in subsidies post Brexit, combined…
Huel downplays London listing as IPO markets stutter
Huel's boss said that he would be open to selling the meal replacement manufacturer, but admitted that the waning initial public offering (IPO) market in the UK has made it less appealing.
James McMaster, the chief executive of Huel…
The food industry wants more time for the EU to implement its deforestation regulations
Food industry officials say they are running out of time in order to prepare for the new EU regulations to reduce carbon emissions within supply chains. They accuse Brussels of issuing proposals lacking detail and that will not stop…
Data shows that UK grocery inflation has fallen to single digits, for the first time in 16 months.
According to data from the sector, UK grocery inflation is now at single digits after 16 months of steep increases. This will give households hope that food prices can normalise in the months to come.
Research company Kantar reported on…
UK food inflation could be gone by Easter according to the boss of a major retailer
According to the owner, food inflation could be gone by Easter if there are no more shocks to global system.
George Weston, chief executive officer of Associated British Foods, which owns Primark, a budget clothing chain, stated: "Food…
Enhancing Efficiency and Accuracy with Wireless Temperature Monitoring Solutions:
Enhancing Efficiency and Accuracy with Wireless Temperature Monitoring Solutions: Revolutionising Temperature Control in Multiple Industries
In today's fast-paced and complex world, the need for efficient and accurate temperature control…
Irish startup plans UK’s First Drone Takeaway Service
After applying for an airspace license, an Irish start-up plans to deliver Britain's very first takeaways via drone.
The Dublin-based Manna plans to launch their first UK service during the first half next year. Manna already…
Owner of Slug and Lettuce faces backlash for ‘dynamic’ pricing on beer
A campaign group representing pubgoers criticised Stonegate, Britain’s largest pub company for raising the price of pints in its busiest trading times by 20p, to offset high costs.
Owners of Slug and Lettuce and Craft Union said they had…
Chief economist of the BoE warns that food inflation is unlikely to drop soon
The days of cheap foods may be gone, said the Bank of England chief economist on Monday. He warned that prices at supermarkets would continue to rise much faster than inflation by the end of this year.
In its latest report on monetary…
The cheap food era in Britain is over, according to economists
The era of cheap British food is over, according to economists. The Bank of England has warned that the inflation of grocery prices will continue in double-digits through the end of this year.
Officials from the bank said that, while…
Greggs sales are boosted by openings, but margin pressures continue
Greggs said that input cost inflation has "cooled" but still continues to affect profit margins. The food-to go retailer reported an increase in sales for the first half of the year, driven by new openings at retail parks and travel hubs.…
UK seafood industry in talks with the UK to improve labour standards on fishing boats
According to sources close to the talks, top supermarkets and seafood companies are in discussions to launch a North East Scotland pilot scheme to ensure fair employment for migrant crews on UK fishing boats.
Seafood Ethics Action (Sea)…
Unilever and Heinz are under investigation over grocery prices
The competition regulator will investigate big brand owners such as Heinz, Unilever and others over concerns that shoppers are paying too much for their groceries.
The Competition & Markets Authority said that its investigation…
UK grocery inflation falls for the fourth consecutive month
Chancellor Jeremy Hunt welcomed the easing in UK grocery prices for a 4th consecutive month ahead of Wednesday's eagerly anticipated official inflation data.
According to Kantar, the annual rate of inflation in grocery prices has slowed…
Uber UK’s revenue of £3.4 billion revealed
Uber revealed its UK revenue of £3.4 billion for the first-time.
Uber Eats, a food delivery service that delivers takeout from restaurants or groceries from supermarkets, also made £700 million.
In the accounts filed with Companies…
Vegans fight to be able to call non-dairy dairy products’mylk.’
Vegan campaigners, who are fighting a possible clampdown on the way their products are described, have stated that the dairy industry shouldn't hold a "monopoly", over words like milk and butter.
After a draft of guidance from Trading…
Iceland is on the path to profit surge
Iceland, a frozen food chain, has predicted that it will make the highest profit in a decade in this year. This admission will increase scrutiny on whether supermarkets profiteer in a crisis of cost-of-living.
Iceland's financial…