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Latest Industry News from Food Management Today
Obituary: Sir David Samworth CBE DL
Food Management Today is sad to report the passing of Sir David Samworth, founder and life president of UK food manufacturer Samworth Brothers.
FDF demands government fix “cost-of-doing-business crisis” as inflation hits new high
With grocery inflation soaring into double figures in July, the Food and Drink Federation has called on government to minimise the costs of existing and upcoming regulation for manufacturers to curb rising production costs.
Own-label ranges at record levels as grocery price inflation hits 11.6%
Supermarket sales rose by 2.2% in the 12 weeks to 7th August as grocery price inflation hit a new high of 11.6%, the latest take-home grocery figures from Kantar have found.
Lotus Bakeries sees growth as prices increase
Global cake and waffle manufacturer Lotus Bakeries has achieved 14.1% revenue growth as subsectors of the company implement price rises on products, the company’s half year results have revealed.
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.
Get more info about the FMT Food Industry Awards
To find out more about this fantastic awards initiative for the food industry, click here.
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