The FMT Blog

In the retailer’s interim trading report, Tesco chief executive Ken Murphy said that its strategy of inflating “a little bit less and a little bit later” has consequently made its price position “more competitive.”   

The organic food market has seen a 16% decline in volume sales for the second quarter of the year, and pricing is a factor, according to the Agriculture and Horticulture Development Board.

In its latest trading report, UK food-on-the-go retailer Greggs said its total sales were up 14.6% in the third quarter of 2022, but added that its plans for growth have been delayed. 

The Chartered Institute of Environmental Health has revised recommendations made by the International Trade Committee (ITC) on the UK-Australian trade deal, warning that British food standards remain at risk.

Bakkavor Group announced on Thursday 29th September that the Group’s CEO and co-founder Agust Gudmundsson has confirmed his retirement, with effect from 31st October 2022. 

Customs Handling of Import and Export Freight has been replaced by the new Customs Declarations Service (CDS), which took effect on 1st October.

A new eco concept store from Aldi has been designed with sustainable building materials with a view to reduce carbon consumption and to reduce life-cycle carbon emissions.

New figures indicate that the food industry has seen a distinct shift in funding from the early part of the decade, compared to the latter period.

Food and fresh food inflation prices in September hit another high, peaking at what is claimed to be the highest on record, according to the British Retail Consortium’s latest figures.

Labour will not rule out banning the government HFSS restrictions to take place next year, according to Shadow Health Secretary Wes Streeting.