Archive of all news articles – Page 398
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UK risks ‘falling behind’ on meat alternatives due to lack of policy, says thinktank
The Social Market Foundation said the government lacks a coherent approach to policies on alternative protein
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Sainsbury’s and Tesco respond to cost of production crisis with further milk price increases
The move follows growing farmer unrest that supermarket-aligned milk pools are not keeping up with market averages
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Media Bites 13 June: Morrisons, Government food strategy, Tesco
The private equity owners of Morrisons are sounding out buyers for a portfolio of its warehouses, fisheries and food manufacturing plants that is expected to fetch more than £600m
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City Snapshot: Distil sinks to a loss as Covid sales fall away
Premium spirits group Distil has fallen to a loss as revenues returned to more normal levels following a lockdown surge.
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Food & drink reformulation and drive to cut sugar boosts Tate & Lyle
The sweetener and sucralose supplier posted double-digit sales and profit growth from continuing operations after shedding its US industrial starches business last year
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NielsenIQ snaps up data consultancy CGA to bring together on and off-trade insight
Based in Chicago in the US and Manchester in the UK, CGA specialises in the out-of-home food and drinks market, working with some the world’s biggest consumer brands, including drinks manufacturers, suppliers and wholesalers, as well as pubs, bars and restaurants.
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Purity Brewing Co moves beyond beer to launch kombucha range
It has created four flavours – Original, Ginger & Lime, Cranberry and Grapefruit – which the brand said would “demonstrate the versatility of authentically brewed kombucha”
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Genius to target gut health after takeover
Genius has sought to reposition itself in the functional bread market in a bid to restart growth, tapping into growing consumer interest in gut health.
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Lidl strives to increase nutritional variety of donations as more people turn to food banks
The discounter has selected 30 long-life food lines, modelled using the NHS Eatwell Guide to a balanced diet, and signposted them as ‘Good to Give’
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British food & drink gets major boost during Jubilee
According to British Berry Growers, UK consumers bought 4,900 tonnes of strawberries over the Jubilee week of 30 May to 5 June
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Concerns over criminals using seasonal worker visa to exploit labourers
‘Sham’ operators have been charging extra to facilitate the recruitment of workers into the UK growing sector
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UK’s ‘rigid’ border policy fuelling inflation, industry warns
Fresh produce is being particularly affected by congestion at ports
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Morrisons increases pay for shop floor staff to £10.20 an hour
The supermarket said it was a minimum 2% increase in its base rate
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Finalists unveiled for The Convenience Awards 2022
The Convenience Awards 2022 takes place on Tuesday 13 September at The Londoner Hotel in Leicester Square
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Heineken appoints former Russia boss Boudewijn Haarsma as UK MD
He will replace Lawson Mountstevens, who will continue as interim MD until Haarsma takes over at the end of July.
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Heinz and Tesco team up to use recycled soft plastic for Beanz snap pots
Tesco started collecting soft plastics it in its large stores in 2021 ahead of this pilot
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Thorntons losses under Ferrero hit £190m as closure of retail stores hits sales
Pre-tax losses totalled £26.7m in the 12 months ended 31 August 2021 – a 29% improvement on the prior year’s £37.7m – as overheads associated with the retail operations were erased.
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City snapshot: Palm oil producer MP Evans reports 51% spike in prices in 2022
Palm oil producer MP Evans has seen its mill gate prices jump 51% in 2022 amid supply constraints and commodity inflation, while palm kernals are up 85%.
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Media Bites 10 June: Boots, GCA, Morrisons, Poundland, petrol prices
A potential £5.5bn agreement to buy Boots by PE firm Apollo and one of India’s richest men fills the papers this morning.
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Organix adds baby meals and kids’ snacks in ‘biggest shake-up’ to date
The innovations set ‘new standards in the babyfood category, with flavours and textures designed to spark a love of great food’, claimed Organix