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Latest Industry News from Food Management Today

Cofresh snack foods secures second site

Cofresh snack foods secures second site

Leicester-based Cofresh Snack Foods has announced the acquisition of an additional food production and warehousing facility to cater for significant growth and expansion. An investment of approximately £20m over the next 18 months will enable Cofresh to split its...

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Premier Foods to focus on reducing net debt

Premier Foods to focus on reducing net debt

Mr Kipling owner Premier Foods posted its preliminary results ending 30th March 2019, which revealed a £42.7m statutory loss and a net debt of £469.9 million. Results show a trading profit growth of 4.5% to £128.5m, and profit before tax up 12.1% to £88 million. It...

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Walmart considering listing Asda on the stock market

Walmart considering listing Asda on the stock market

Following the blocked merger with Sainsbury's, Walmart is considering listing Asda on the stock market at some point in the future. Asda is owned by Walmart and its chief executive, Judith McKenna, is said to have told personnel that such listing is being considered....

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Get more info about the FMT Food Industry Awards

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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
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Brexit insight

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...

Theresa May to ask EU for Brexit delay

During yet another historic evening at Westminster, MPs voted by 413 to 202 (a majority of 211) for the Prime Minister to ask the EU for a delay to the Brexit deadline. The vote means that the UK may not now leave on 29th March as planned. Mrs May said that Brexit...

Commons vote creates industry concern

Westminster saw MPs rejecting the idea of Britain leaving the EU without a deal last night (13/3/19) and clearing the way for Brexit to be delayed. In response, Theresa May said there was a clear majority against a no-deal Brexit, but that the legal default, if no...

Farming and food industry respond to ‘meaningful’ vote defeat

Following the Prime Minister’s defeat in regard to her Brexit deal on 12th March, Presidents of the UK’s four farming unions have urged MPs to take whatever measures are necessary to remove the possibility of leaving the EU without an agreement. NFU President Minette...

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