74% of UK food manufacturers likely to be eligible for R&D tax relief
Three quarters of small and medium-sized British firms in the food manufacturing industry are likely to be eligible for Research & Development (R&D) tax relief, according to the results of a new Censuswide survey. The report surveyed 500 senior managers and...
Aldi reports record results for 2016
Aldi has unveiled a 13.5% increase in UK and Ireland sales to a record £8.7 billion in the year to 31st December 2016, but operating profit dropped sharply by 17%, amid a price war between retailers. According to the company’s latest results, sales and market share...
Government suppresses Brexit food price report, says Unite
Unite, the union, has alleged that Government is suppressing information on expected changes in food prices, as a result of Brexit. In a freedom of information request, the union reportedly asked Defra “what assessment or estimate has been made of the increase in food...
Co-op reveals growth in food profits
The Co-op has reported that it has had 14 consecutive quarters of like-for-like sales growth of food products. Like-for-like sales in Co-op Food have been up by 3.5 %, it has been reported and 0.7% higher year-on-year when excluding the sales from the 298 stores sold...