The authoritative independent voice of the UK food industry
74% of UK food manufacturers likely to be eligible for R&D tax relief
Three quarters of small and medium-sized British firms in the food manufacturing industry are likely to be eligible for Research & Development (R&D) tax relief, according to the results of a new Censuswide survey. The report surveyed 500 senior managers and...
Aldi reports record results for 2016
Aldi has unveiled a 13.5% increase in UK and Ireland sales to a record £8.7 billion in the year to 31st December 2016, but operating profit dropped sharply by 17%, amid a price war between retailers. According to the company’s latest results, sales and market share...
Government suppresses Brexit food price report, says Unite
Unite, the union, has alleged that Government is suppressing information on expected changes in food prices, as a result of Brexit. In a freedom of information request, the union reportedly asked Defra “what assessment or estimate has been made of the increase in food...
Co-op reveals growth in food profits
The Co-op has reported that it has had 14 consecutive quarters of like-for-like sales growth of food products. Like-for-like sales in Co-op Food have been up by 3.5 %, it has been reported and 0.7% higher year-on-year when excluding the sales from the 298 stores sold...
Food suppliers in £25m frozen food contract for Scottish councils
Eleven UK suppliers, including four Scottish SMEs, have been awarded a place on a multi-million pound frozen food contract for Scottish councils, giving local authorities the option to source a range of products. The new two-year Scotland Excel framework is expected...
Organic sales forecast to reach new heights at £2.2bn this year
The organic market continues to grow, up 6.3% in the 52 weeks to 13th August, according to Kantar Worldpanel. The news was announced to attendees to the Soil Association’s annual trade briefing in London on 19th September. Over 130 guests attended the event, where it...
Supermarket sales soar for sixth consecutive month
Supermarket sales have increased by 3.6% compared with the same period last year, despite “disappointing” August weather, according to the latest grocery market share figures from Kantar Worldpanel for the 12 weeks to 10th September. Marking the sixth consecutive...
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