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Latest Industry News from Food Management Today
Marks and Spencer unveils results amid store closure news

Marks and Spencer unveils results amid store closure news

Following the announcement that Marks and Spencer is set to close 100 stores by 2022, the retailer has now unveiled its full year results. The retailer reported a 62.1% fall in pre-tax profit to £66.8 million in the year to 31st March. This was linked to a store...

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Marks & Spencer to close 100 stores by 2022

Marks & Spencer to close 100 stores by 2022

Marks & Spencer (M&S) has announced it is closing a further 14 stores, totalling over 100 store closures by 2022. It has been announced that 21 stores have already closed, and a further 14 are proposed for closure or set to close in 2018/19. This follows the...

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Cranswick plc announce audited preliminary results

Cranswick plc announce audited preliminary results

Cranswick plc results for the year ended 31st March 2018 have been announced It is said to be a year of record capital investment for Cranswick, with capital expenditure of £59 million to add capacity, extend capability and drive efficiencies. Key features also...

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Food Management Today magazine

Food Management Today magazine is the modern, independent voice of the UK food industry, offering news, opinion, expertise and information to Britain’s top managers and executives.
Brexit insight

Overseas-owned companies total 47% of UK food sector turnover

Overseas-owned companies are making up a substantial share of the UK food sector, accounting for nearly half (47%) of the turnover of the UK’s leading food companies. Research by the commercial law firm EMW shows this is a rise from 44% last year. Overseas owned...

Cod prices could rise 18% when UK leaves EU

Rabobank has warned the price of cod could rise by 18% should the UK leave the European Union without a free trade deal in place. The findings come from Rabobank’s latest report on the UK’s fishing industry, Fishing for Answers II. In the event of a hard Brexit, we...

Red Tractor urges Government to change future agriculture policy

With Red Tractor being a main foundation for British agriculture, it is urging the Government to ensure that food production is at the forefront and being made a priority. Jim Moseley, who is the CEO of Red Tractor Assurance, expresses his thoughts that food...

Risk of rising food bills after Brexit

Post-Brexit trade barriers threaten to disrupt the supply and costs of food products, according to a new report from the House of Lords’ EU Energy and Environment Sub-Committee. The report, Brexit: food prices and availability, suggests that around 30% of food eaten...

Orderly trade system required after Brexit

The Government is running out of time to make negotiations for an “orderly trade system after the Brexit transition” which could risk a huge impact on the food industry. This is according to a report by the Business, Energy and Industrial Strategy (BEIS), which was...

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