Industry reacts to US trade tariffs
Following the announcement by President Trump of a 10% tariff on all UK exports to the US, the NFU and AHDB have given comment.
Co-op delivers “strongly” while “economic challenges remain”
Co-op has released its results for the 52 weeks to 4th January 2025, reporting a £133 million increase in profit before tax.
Magnavale completes construction of Easton cold storage facility
Cold storage provider Magnavale unveiled its £140 million Easton facility, with the investment resulting in a site with 101,000 frozen pallet spaces.
Greencore to acquire Bakkavor for £1.2bn
Food manufacturer Bakkavor is to be purchased by manufacturer Greencore for £1.2 billion to create a company with a combined revenue of £4 billion.
UK unlocks live seafood exports to Vietnam
According to Defra, Vietnam has granted market access for British live seafood products.
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.
