Inflation increases to 3.6% as shopping basket prices rise
ONS has reported that UK inflation hit 3.6% in the year to June, with prices rising across the cake, bread and cereals categories.
Government reveals UK food strategy policy paper
Government has published its new ‘Good Food Cycle’, a policy paper aimed at driving a “generational change” in the nation’s relationship with food.
Shoppers anticipate a rise in food prices
The British Retail Consortium observed an increase in food sales over the month of June, attributing the “strong” sales to a rise in food inflation.
The Compleat Food Group acquires Freshpak to increase turnover to £1.3bn
UK chilled food manufacturer The Compleat Food Group has acquired Freshpak, a private-label producer of added-value egg products, chilled food-to-go snacks and deli fillers.
Pladis invests £68m in UK operations
Pladis, which owns food brands McVitie’s and Jacob’s, will invest £68 million across its UK operations as part of its plan to back Britain.
Ferrero Group acquires WK Kellogg Co for $3.1bn
Confectionary company the Ferrero Group has acquired cereal manufacturer WK Kellogg Co for the sum of $3.1 billion.
