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The risks and rewards of zero-based budgeting

A growing body of food makers are adopting zero-based budgeting as a tool to reduce costs and improve resource allocation. The method has al...

UK obesity, GBK sale, Pei Wei - foodservice focus

September saw UK foodservice operators meet with the country's government to discuss its plans to tackle child obesity. Staying in the UK, u...

Why May's Brexit comments give reason for optimism

Amid the uncertainty following the UK vote to leave the EU on 23 June, British food companies and global food giants with UK sites will have...

Campbell's annual results and outlook - takeaways

Campbell Soup Co.'s shares slid in the wake of the release of the US company's annual results, which included lower sales and earnings - but...

Latest Interviews

Interview: UK trade body on Brexit's policy impact 19 Oct 2016

Ben Cooper

In the second part of an extensive interview on the implications of Brexit for UK food companies, Ian Wright, director general of industry association the Food and Drink Federation, speaks with Ben Cooper about the longer-term implications of Brexit for UK food and farming policy and on the food industry's labour force. 

Interview: UK trade body on the impact of Brexit 19 Oct 2016

Ben Cooper

UK Prime Minister Theresa May has said the formal two-year process for the UK to leave the EU will begin in a little over five months. Ian Wright, director general of the Food and Drink Federation, the industry association representing food manufacturers operating in the UK, spoke with Ben Cooper about the immediate instability the vote for Brexit has caused and his longer-term outlook for the UK food sector.

Latest News

Quotes of week - Bel, Danone, Nestle, Utz 21 Oct 16

Dean Best

This week, Bel struck a deal to buy a majority stake in fellow French group MOM Brands. Another French food major, Danone, faced criticism in the US over its plans for GMO ingredients. US snack maker Utz Quality Foods accepted the backing of investment firm Metropoulos & Co. Nestle's third-quarter sales disappointed some in the investment community and we spoke to the director general of UK trade body the Food and Drink Federation about the impact Brexit could have on the sector.

News of week - UK export push, Bel/MOM, BRF/China 21 Oct 16

Dean Best

This week, the UK government announced how it hopes to support the country's food exporters, French cheese giant Bel said a deal had been struck to buy a majority stake in dessert and snack maker MOM Brands and Brazilian meat group BRF said it plans to invest in the soon-to-be-listed pork arm of state-backed, Chinese agri-food operator COFCO.

Fresh Express launches organic salads 20 Oct 16

Katy Askew

Fresh Express has launched a new line of organic salad kits in the US. 

Apetit issues warning on profits 20 Oct 16

Dean Best

Apetit, the Finnish food group, has said its operational EBIT will fall in 2016 hit by pressure on volumes to the foodservice sector and pressure on profits within its grain business.

UK announces "action plan" to drive food exports 18 Oct 16

Dean Best

The UK government today (18 October) set out its bid to increase the value of the country's food and drink exports by GBP2.9bn, with plans to target a select group of markets.

Quotes of week - Unilever, Beyond Meat, Kellogg 17 Oct 16

Dean Best

This week saw the first high-profile sign of Brexit affecting food company costs with a row between Unilever and Tesco over the supplier's request for 10% price hike. Our M&A pages were busy, with Tyson Foods investing in faux meat business Beyond Meat, Europe Snacks merging with fellow private-label snacks business Kolak Snack Foods and Kellogg snapping up Brazil's Parati Group.

Latest blogs

Brexit blues for UK food manufacturers 12 Oct 16

Dean Best

Confidence in the UK food and drink manufacturing sector is becoming "more fragile", industry association The Food and Drink Federation has claimed after a survey of its members - and Brexit is said to be a major factor.

Three ex-Tesco executives charged with fraud over 2014 accounting affair 9 Sep 16

Dean Best

The 2014 accounting scandal at Tesco has returned to the headlines today (9 September), with news three former executives have been charged over the affair.

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