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Latest Industry News from Food Management Today

Tesco releases statement for first quarter trading

Tesco releases statement for first quarter trading

Tesco plc has announced its first quarter trading statement in what the multiple called a ‘subdued market.’ Commenting on its first quarter trading report Tesco’s chief executive, Dave Lewis, said: "We have had a strong start to the year, growing ahead of the UK...

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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. Food Management Today is a member of the Audit Bureau of Circulations.

Brexit insight

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...

EU extends Brexit deadline with two options

Last night, Thursday 21st March, after around eight hours of talks, EU leaders offered to delay Brexit until 22nd May if British MPs approve the prime ministers exit deal next week. Theresa May will return to the UK today and once again try to convince MPs in the...

FDEA outlines Brexit impact on UK food exporters

The Food and Drink Exporters Association (FDEA), which works closely with companies of all sizes who trade internationally, has been impressing upon Government the huge frustration and concern felt by UK businesses in relation to the Brexit process. At the IFE show in...

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