The FMT Blog

The latest outputs from Welsh government and EU-funded Project HELIX, an initiative developed to boost innovation and efficiency in the Welsh food and drink industry, show it has delivered over £235 million of impact, since it launched in 2016.

Global food manufacturer Nestlé has increased the pricing of its products by 6.5% as its sales increase year-on-year, according to the company’s latest trading figures.

Sainsbury’s has pledged to support start-up companies with ‘proof of concept’ technologies that reduces carbon emissions and water usage across the retailer’s operations, as well as the wider sector.

Reporting its second quarter results, Kraft Heinz said that it is “anticipating and adapting to changing market conditions” and would manage inflation through “pricing realisation and gross efficiencies.”

According to the latest figures from the Institute of Grocery Distribution (IGD), this year the UK food-to-go market will be worth £18.9 billion, 3% more than its pre-Covid value in 2019.

Premier Foods, one of the UK’s largest food manufacturers, has agreed to acquire The Spice Tailor, an Indian and South East Asian meal kits and accompaniments brand.

A review into the effectiveness of the Grocery Code Adjudicator (GCA), which monitors fair practice in the food supply chain between retailers and suppliers, has been launched by the UK government.

According to an alert by the Food Standards Agency (FSA), John West has recalled two of its sardine products because of a possible microbiological contamination risk.

The British Meat Processors Association (BMPA) has said that UK producers should expect further rises on the price of wheat if the ‘landmark’ deal between Ukraine and Russia on the global exports of wheat is not upheld.

According to the United Nations (UN), a deal between Ukraine and Russia to resume exports of wheat through the Black Sea has been signed, potential ending world supply issues of the essential ingredient.