The FMT Blog
Opinion, analysis and musings from the FMT editorial team and expert guest writers about the food processing and manufacturing sector.
Price inflation adding potential £571 to average annual grocery bill
According to Kantar’s latest market report, grocery price inflation has hit a new record, rising to 12.4% in August. This figure means that the average annual grocery bill will go from £4,610 to £5,181.
“Government support with energy bills is critical,” says FDF
Rising energy and other input costs are putting pressure on food manufacturers and government plans for intervention may not be enough, according to the latest report by the Food and Drink Federation.
Royal Warrants to be discontinued affecting 118 food industry brands
Following the passing of HRH Queen Elizabeth II, the current Royal Warrants from the late Queen will become void. Companies or individuals will have two years to discontinue the use of the Royal Arms in connection with their businesses.
Deadline for government food labelling rules delayed
The UK government has announced a delay to import controls on EU goods entering Great Britain siting the impact of Russia’s invasion of Ukraine on the supply chain and the current rise in global energy costs.
Energy price cap welcomed but support is still needed, says food industry
Food industry trade bodies have welcomed the UK government’s new energy price cap for businesses but add that the support may not go far enough.
Organisers of prestigious meat industry Awards confirm ceremony will go ahead next Thursday
On Thursday 15th September, the Meat Management Meat Industry Awards ceremony and black-tie dinner will return to the Hilton Birmingham Metropole.
UK food industry pays tribute to Her Majesty The Queen
There has been wide reaction to the death of Queen Elizabeth Il which was announced from Buckingham Palace yesterday 8th September. Many across the sector have praised her devotion to public service.
Ocado Retail appoints new CEO
Ocado Retail has announced that Hannah Gibson will take over the role of CEO later this month as from 20th September.
CCF publishes strategy to combat energy pressures on supply chain
The Cold Chain Federation has published a plan that outlines measures that it claims, if enacted by government, will reduce the financial pressures on the supply chain caused by energy shortages.
Asda to acquire 132 Co-op stores worth £438m
Asda has announced that it will acquire 132 stores from the Co-operative Group as part of a strategy to move into the convenience market and “bring Asda value to more local communities.”