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Latest Industry News from Food Management Today
US access to UK dairy market may weaken food security
The National Farmers’ Union, along with Dairy UK, has warned Government against allowing increased US access to the UK food market.
Worldpanel finds 51.2% of sales are own label lines
The latest figures from Worldpanel by Numerator have shown that take-home sales at the grocers grew by 4.8% over the four weeks to 7th September compared to last year.
Aldi to invest £1.6bn in new stores
Discounter Aldi has committed £1.6 billion to accelerate its store expansion plan over the next two years as it plans to open 21 new stores in the coming 13 weeks.
Hovis CEO steps down after three years
UK bread producer Hovis has announced that Jon Jenkins will step down from his position as CEO of the company after three years of leadership.
Sugar prices rise by 56% on the year
The Food and Drink Federation has updated its food and drink inflation forecast, predicting that it could hit 5.7% by December.
Waitrose H1 sales surpass £4bn while profits fall
The John Lewis Partnership, which owns Waitrose, has reported its interim results for the 26 weeks ended 26th July, finding that the retailer’s sales increased to £4.1 billion.
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Brexit insight
Food sector “remains committed” to EU imports
According to insights from members of the UK food supply chain, the EU will remain a “key resource” for the UK food industry “despite challenges imposed by Brexit”.
New post-Brexit border controls will “jeopardise” food supply chain
Food industry trade bodies have raised their concerns about the UK Government’s proposed Border Target Operating Model.
BTOM: food industry trade bodies respond to new rules
In response to the implementation of the new BTOM, the Institute of Export and International Trade and the CIEH have issued statements.
UK food manufacturers to benefit from new FTAs, says FDF
The UK food industry is poised to reap “substantial benefits” from new free trade agreements (FTAs) with Australia and New Zealand, says the FDF.
Draft proposals for new border controls announced
Plans to enforce checks on products entering the UK have been published by the UK Government, in collaboration with the Scottish and Welsh Governments.
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