The FMT Blog
Opinion, analysis and musings from the FMT editorial team and expert guest writers about the food processing and manufacturing sector.
Food industry responds to general election announcement
The food industry has responded to the PM’s announcement of a 4th July general election.
Christine Tacon steps down as Red Tractor chair
Chair of Red Tractor Christine Tacon will step down from her role to join the Co-op’s board.
M&S achieves three-year sales growth
UK retailer M&S has reported that it experienced 12 consecutive quarters of sales growth, as its investments begin to “pay off”.
Grocery sector accounts for “large proportion” of M&As – Oghma
Oghma Partners said that T1 2024 saw grocery and confectionary categories with one of the highest levels of mergers and acquisitions by volume.
Rate of food inflation falls to 2.9%
The Office for National Statistics has revealed the latest consumer inflation rates, with the rate of food inflation falling to 2.9%.
Greencore achieves “strong” revenue in “difficult spending environment”
Convenience food manufacturer Greencore reported “strong growth” in its H1 interim financial report.
Confectionary prices rise while butter costs fall
Kantar has released its latest grocery figures, reporting price rises in confectionary as grocery inflation sits at 3.1%.
Deadline approaches for meat industry awards product nominations
Product entry levels are set to break records ahead of the deadline for the Meat Management Industry Awards, say event organisers.
Aussie meat products to be covered by UK tariff rates
The UK and EU have confirmed a set of arrangements which will ensure partners of the FTA have access to UK tariff rate quotes on meat products.
UK ratifies CPTPP terms to secure fewer trade barriers
The UK has concluded a key step to joining the CPTPP worth £12 trillion in global GDP upon the UK’s entry.