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Ferrero to acquire Nestlé’s US confectionery business

Ferrero to acquire Nestlé’s US confectionery business

The Ferrero Group is to acquire Nestlé’s U.S. confectionery business in a $2.8 billion deal that will see it become the third largest confectionery company in the US market. Ferrero will acquire more than 20 American brands, including chocolate brands such as...

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Iceland to eliminate plastic packaging from own range

Iceland to eliminate plastic packaging from own range

Iceland has announced plans to eliminate plastic packaging from all of its own brand products by the end of 2023, reportedly becoming the first major retailer globally to do so. The process will start now, with Iceland noting that it will be looking for the latest...

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Meat, fish and poultry enjoyed ‘biggest ever Christmas’

Meat, fish and poultry enjoyed ‘biggest ever Christmas’

Fresh processed meat and poultry were described as the “real winner” for Christmas, with natural fish marking strong value growth, in what has already been a record festive period in shoppers’ spending. According to Kantar Worldpanel, natural fish remained the largest...

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Nicola Sturgeon publishes Scotland’s Brexit impact report

Nicola Sturgeon publishes Scotland’s Brexit impact report

Scotland’s First Minister, Nicola Sturgeon, has published a paper on Brexit’s impact, estimating that Scotland’s economy would lose £12.7 billion a year in a hard Brexit scenario. The paper calculates the potential result of a hard Brexit on the economy, with analysis...

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Irish food sector in eighth consecutive year of growth

Irish food sector in eighth consecutive year of growth

The value of food and drink exports in Ireland increased by 13% to €12.6 billion in 2017, boosted by increased output in key sectors, including the dairy sector, seafood, pigmeat, sheepmeat and live animals. According to Bord Bia’s Export Performance and Prospects...

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Theresa May launches 25-year Environmental Plan

Theresa May launches 25-year Environmental Plan

Prime Minister Theresa May has announced the 25 Year Environmental Plan, outlining steps to eliminate plastic waste by the end of 2042. In order to achieve this, the Government will extend the 5p carrier bag charge to all retailers in England, while also working with...

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Multiple retailers boosted by strong Christmas sales

Multiple retailers boosted by strong Christmas sales

Grocery sales helped UK supermarkets report one of their busiest Christmas period, which saw shoppers splash out record amounts of cash. Lidl As previously reported, Lidl UK was the fastest growing supermarket over the Christmas period, according to Kantar Worldpanel,...

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