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Latest Industry News from Food Management Today
Ocado and M&S negotiating joint venture possibility
Marks and Spencer Group PLC has confirmed that it is in discussions with Ocado Group plc regarding a joint venture in the UK retail market, believed to have a potential value of £1.8bn. Shares in both companies jumped following the news, which would give M&S a...
Healthy foods marketing misleading – BBC report
Products that are allegedly high in salt and saturated fats are being marketed as ‘healthy’ by leading supermarkets, according to a new report by BBC Radio 5 Live. BBC researchers visited branches of the top five supermarkets in the UK and, according to BBC, found...
London transport fast food advert ban starts
A ban on fast food advertising across London's entire public transport network has come into force, with posters for food and drink that are allegedly high in fat, salt and sugar being removed. Food posters that will begin to be removed from the underground,...
Kraft Heinz records loss and sees shares plunge
Radical cost cutting by the American food giant Kraft Heinz, known for its ketchup and other food brands, means the business is now facing up to what appears to be a failed strategy for boosting profits. According to analysts, Kraft's strategy on cost cutting worked...
Food tariffs on the agenda for imports – Gove
Speaking during the recent NFU Conference at the ICC Birmingham, Secretary of State at Defra Michael Gove has promised to protect farmers and the food industry from cheap food imports. In her own speech to Conference, NFU President Minette Batters called for the...
Government releases new import/export information for food
New information has been published by the Department for Environment, Food and Rural Affairs (DEFRA) to ensure import and export trade in animals, animal products, fish and food can continue in the event that the UK leaves the EU without a deal. This guidance is...
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