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Latest Industry News from Food Management Today
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.
Ocado revenues driven by 13% increase in order growth
Ocado has released its annual report and financial statements for an elongated 70 week period ending 6th April 2025, finding that it achieved revenue of £3.7 billion.
ABF grocery sales reflect “good growth” across international brands
UK food producer Associated British Foods has provided an update on trading during the second half of the financial year, which will end on 13th September 2025.
A.F. Blakemore appointed M&S Food primary wholesale provider
M&S Food has revealed that it has appointed A.F. Blakemore & Son Ltd as its primary wholesale partner for third party branded products.
Natara to acquire ingredients company Treatt for £156.6m
Global ingredients manufacturer Natara has reached an agreement with the board of directors at natural flavouring company Treatt Plc to acquire the business for £156.6 million.
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Brexit insight
New border controls require a pragmatic approach to avoid collapse, says CCF
The Cold Chain Federation has commented on reports that Government is set to announce details of how post-Brexit regulatory checks on food and other imports will be introduced.
Rishi Sunak wins MPs over in Windsor Framework vote
MPs have voted by 515 to 29 in favour of the Prime Minister’s new Brexit deal for Northern Ireland.
Trade reaction to agreement on NI protocol
A ‘new Windsor framework’ has been agreed with the European Union to overcome the trade barriers in Northern Ireland (NI) following Brexit.
Leaving the EU added £210 to household food bills says LSE
LSE research has found that Brexit has cost consumers a total of £5.8 billion in household food bills over the two years to the end of 2021.
Irish Sea border checks continue after DUP orders halt
Border checks have continued at ports in Northern Ireland despite DUP Agriculture Minister Edwin Poots’ instruction to officials to cease on Wednesday night (2nd February), and the First Minister’s subsequent resignation on Thursday.
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