UK food manufacturers faced higher prices for their ingredients in August, with ingredients produced in the UK being 17% more expensive (down from 18.4% in July) and imported ingredients are 24.8% dearer (up from 23.9% in July).

Job openings in the food and drink sector continue to increase, with manufacturers adding 3,000 jobs in the Q2, bringing the total number of jobs in the sector to 478,000. However, vacancy rates remain high.

McCain Foods has invested in the Netherlands-based producer of frozen foods Scelta, with the aim of expanding its presence in the global prepared appetisers market. 

Organisers of the Meat Management Meat Industry Awards 2022 are making the final preparations ahead of the annual awards ceremony for the sector taking place on Thursday evening 15th September.

According to Kantar’s latest market report, grocery price inflation has hit a new record, rising to 12.4% in August. This figure means that the average annual grocery bill will go from £4,610 to £5,181.

Rising energy and other input costs are putting pressure on food manufacturers and government plans for intervention may not be enough, according to the latest report by the Food and Drink Federation.

Following the passing of HRH Queen Elizabeth II, the current Royal Warrants from the late Queen will become void. Companies or individuals will have two years to discontinue the use of the Royal Arms in connection with their businesses.