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Latest Industry News from Food Management Today
M&S results reveal retailer is determined to increase its grocery market share
M&S' full year results for the 52 weeks ending 30th March 2019 have been released, and its top line summary reports as “good progress in restoring the basics.” The results indicate its food business is showing good signs of progress in arresting the decline in...
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2 Sisters accelerates business transformation
2 Sisters Food Group has announced a series of actions as part of a transformational strategy to turnaround the business including further investments in its Fox's Buscuits business. The company is making further investments in its UK poultry and Fox’s Biscuits...
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Jamie Oliver restaurant group goes into administration
Jamie Oliver's Italian chain of restaurants has collapsed and administrators called in. The move puts up to 1300 jobs at risk. In a statement on Twitter Jamie Oliver said: “I am deeply saddened by this outcome and would like to thank all of the staff and our suppliers...
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Plenty of opportunity for Kent’s food producers ahead of Brexit
The Kent Food and Drink Conference 2019 highlighted the opportunity for Kent’s food and drink producers, but cautioned trends in the wider sector may impact on them over the next 12+ months. According to research presented by Chris Hayward, head of UK business...
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Equipment supplier Marel to be listed on Amsterdam’s Euronext
Processing equipment provider, Marel, had announced its intention to proceed with a public offering and listing on Euronext Amsterdam later in the year. This will be in addition to its listing on Nasdaq Iceland. Ásthildur Margrét Otharsdóttir, chairman of the Board...
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Sainsbury’s launches Future of Food Report
Space farms, food on prescription and jellyfish suppers are all predictions which feature in the Future of Food Report, released by Sainsbury’s. Commissioned by Sainsbury’s, futurologists Department 22, food historian Dr Polly Russell and plant scientist James Wong...
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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 managersand executives.
Brexit insight
DEFRA on “Brexit red alert” with thousands hired as deadline looms
The Liberal Democrats have warned that DEFRA is on “Brexit red alert” as the party revealed the government has hired nearly 3,000 new staff to prepare for the potential fallout. Liberal Democrat Rural Affairs Spokesperson Alistair Carmichael said: “This is a...
Brexit cliff edge avoided again – industry reaction
The EU27 have granted the UK an extension to the Brexit process, after extensive talks in Brussels on Wednesday evening. The new deadline of 31st October averts the prospect of the UK having to leave the EU without a deal on Friday 12th April. Prime Minister Theresa...
Big rise in profits at Tesco
Supermarket giant Tesco has reported a 28.8% rise in annual pre-tax profits, with chief executive Dave Lewis explaining he is “delighted with the broad-based improvements”. Revenue grew 11.2% to £63.9 billion, and like-for-like sales rose 2.9%. including 1.7% at Tesco...
“Customs union will not solve Irish border issues for food”
Following reports that the UK is edging closer to adopting a customs union with the EU, the Chartered Institute of Environmental Health (CIEH) has warned that a customs union alone will not solve all of the issues around the border between Northern Ireland and...
Extension to Article 50 voted for by MPs
MPs voted by a majority of just one last night to force Prime Minister Teresa May to ask the EU for an extension to the Brexit process. In a bid to avoid any no-deal scenario, the bill, which was put forward by Labour's Yvette Cooper, will need to be approved by the...
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