Rising chocolate prices contributing to inflation, finds ONS
The Office for National Statistics released its May inflation data, reporting a 4.4% increase in food inflation over the last year.
Tate & Lyle achieves “robust” full year performance
In its full year results, food supplier Tate & Lyle reported a 4% increase in earnings before interest, taxes, depreciation and amortisation.
Confectionary category sees largest growth in Q1, says Nestlé
Global manufacturer Nestlé reported “good progress” on improving its market share as well as its strategy to accelerate category growth.
UK shoppers can no longer buy dark chocolate Toblerone bars
Confectionary company Mondelēz International has discontinued the dark chocolate version of its popular Toblerone bar in the UK.
Grocery inflation increases 3.5% on the year
Market research firm Kantar has released its supermarket share and inflation update, reporting price rises in chocolate, butter and spreads.
Tim Brett and Sridhar Ramamurthy to provisionally lead Pladis
British confectionary and snacks company Pladis has revealed that CEO Salman Amin has stepped down.
