The FMT Blog
Opinion, analysis and musings from the FMT editorial team and expert guest writers about the food processing and manufacturing sector.
Winners revealed at MM Meat Industry Awards 2022 ceremony
The winners of the 2022 Meat Management Meat Industry Awards were announced on Thursday evening 15th September at a black-tie dinner and ceremony hosted by globally recognised entertainer Paul Zerdin, held at the Hilton Birmingham Metropole.
Asda places “temporary limit” on Just Essentials range
UK retailer Asda has restricted the purchase of its budget food range, ‘Just Essentials’, to a maximum of three of each product per customer to ensure the products are available to “as many customers as possible.”
Impact of inflation affects Hilton Foods interim results
Commenting on the company’s interim results, chief executive Philip Heffer of Hilton Foods plc said the protein processor “has not been immune” to the impact of heightened inflation.
Ingredient price inflation rises in August
UK food manufacturers faced higher prices for their ingredients in August, with ingredients produced in the UK being 17% more expensive (down from 18.4% in July) and imported ingredients are 24.8% dearer (up from 23.9% in July).
Employment on the rise in UK food industry
Job openings in the food and drink sector continue to increase, with manufacturers adding 3,000 jobs in the Q2, bringing the total number of jobs in the sector to 478,000. However, vacancy rates remain high.
McCain Foods acquires Scelta Products
McCain Foods has invested in the Netherlands-based producer of frozen foods Scelta, with the aim of expanding its presence in the global prepared appetisers market.
Final countdown to prestigious meat industry awards ceremony
Organisers of the Meat Management Meat Industry Awards 2022 are making the final preparations ahead of the annual awards ceremony for the sector taking place on Thursday evening 15th September.
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.