The FMT Blog
Opinion, analysis and musings from the FMT editorial team and expert guest writers about the food processing and manufacturing sector.
Iceland launches 1p range of food items in bid to ease cost-of-living
As part of a deal running until Friday 24th June, Iceland is offering more than 420 products, including bread, butter and bananas, amid rising grocery inflation.
Meat Awards product judging now underway
Organisers report a massive range of products delivered by companies from right across the industry for evaluation this week as part of this year’s Meat Management Industry Awards.
Mondelēz acquires US energy bar manufacturer
Owner of Cadbury’s, Mondelēz International, has announced an agreement to acquire Clif Bar and Company, a US energy bar manufacturer, for $2.9 billion.
Average UK grocery bill set to rise by £380 per year
According to the latest figures released by Kantar, the average annual grocery bill is on course to rise by £380, over £100 more than reported in April this year.
New government tsar puts onus on companies to cut living costs
David Buttress, the new cost of living tsar, has indicated that he will use his position and contacts to help tackle rising food prices as well as other essentials.
“Customers facing unprecedented increases”, says Tesco boss
Commenting on Tesco’s latest trading figures, chief executive Ken Murphy said that the market environment remains “incredibly challenging” as the cost of living is being felt by shoppers nationally.
FSA welcomes confiscation of counterfeit Wonka chocolate
Following an official alert published in May, the Food Standards Agency (FSA) has welcomed news from Westminster Council that counterfeit Wonka Chocolate Bars worth around £100,000 have been confiscated.
IGD warns food inflation likely to reach 15% this summer
The latest report from the Institute of Grocery Distribution (IGD) has forecast that food inflation may be set to hit its highest level in more than 20 years.
Food industry employment growth overtakes UK economic growth
A report by the Food and Drink Federation (FDF) has found that the food and drink industry added jobs at a faster pace than the economy as a whole: quarter-on-quarter, job growth stood at 1.5%, above the UK’s growth of 0.8%.
BFFF calls for urgent changes to oils derogation rules
The British Frozen Food Federation (BFFF) has written to Defra and the Food Standards Agency asking for urgent changes to be made to the oils derogation guidance which it says is “not fit for purpose”.