Paypoint’s Revenue Soars, Driven by Strengthened Relationships with C-Stores
The underlying profit before tax for the company amounted to £50. m, representing a year-on-year increase of £2.8m (5.8%), up from £48m last year. The...
Author : FAB Team
R&D Tax Relief Goes Untapped by UK Food Manufacturers
With the UK’s enduring love for food and drink, it’s not surprising that the industry is constantly buzzing with exciting innovations. Food and beverage businesses...
First UK Unmanned Store by Amazon Shuts Down
The Ealing Broadway Amazon Fresh store closed its doors on Sunday 23rd July. In July 2023, after operating for two years, the first Amazon Fresh...
Nestlé Indicates Improved Volume and Margin Restoration as Pricing Becomes More Balanced.
Nestlé is aiming to achieve positive growth in its key underlying metric of real internal growth (RIG) as the impact of pricing moderation on volumes...
Dr. Schär Makes Strategic Investment in Production of Gluten-Free Biscuits in Germany
Italy-based gluten-free food group Dr Schär is set to invest €12m ($13.2m) in its biscuit production at the manufacturing facility in Dreihausen, Germany. The company...
Food industry addresses meat diet carbon emissions study
The University of Oxford’s Livestock Environment And People (LEAP) project recently conducted a study that revealed vegan diets result in less than 30% of the...
Aleph Farms seeks Swiss approval for lab-grown meat
The Swiss Federal Food Safety and Veterinary Office (FSVO) has received a regulatory approval application for lab-made steak from Israel’s Aleph Farms, marking the first-ever...
Finnebrogue commits to plant-based growth through new factory investment
UK manufacturer Finnebrogue is set to invest £2.8m ($3.6m) in modernizing its plant-based food factory in Northern Ireland. This strategic move is aimed at accommodating...
Higher sales witnessed in ice cream category despite lower volumes due to Unilever’s price hikes
Unilever’s Price Hikes Drive Higher Ice Cream Sales Amid Lower Volumes Unilever’s strategic response to rising costs by increasing prices resulted in lower ice cream...
Study reveals that high consumption of meat has a significantly negative impact on the environment, particularly when compared to veganism
A study published in Nature Food highlighted the significant environmental impacts of high meat consumption compared to veganism. The study examined various factors such as...