Mixed results for UK food industry in second quarter
The second quarter was a mixed bag for food and drink manufacturers, with some sectors expanding and others shrinking, according to the latest report by the Food and Drink Federation.
UK retail sales up as volumes remain low
While retail sales saw an increase in July year-on-year, the figure was still below the latest twelfth month average growth, according to the latest information released by the British Retail Consortium.
Nomad Foods reports decline in volumes amid supply chain difficulties
Birds Eye manufacturer Nomad Foods saw its organic revenue decline by 3.2%, which was comprised of a 5.7% decline in volume/mix, according to the company’s quarterly financial results.
Barry Callebaut raises pay for 200 factory workers
Global chocolate manufacturer Barry Callebaut is increasing the pay of around 200 workers at its factory in Banbury, Oxfordshire.
Olive oil prices to rise as extreme weather hits supply chain
The price of olive oil is expected to rise as heatwaves and a lack of rain in Italy, Spain and Portugal are impacting harvests and production.
