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Food Prices
Food inflation across rich nations drops to pre-Ukraine war levels
...In the UK, prices for food and non-alcoholic beverages rose 5 per cent in the year to February, the lowest since the start of 2022 and well below the 45-year high of 19.2 per cent in March 2023....
April 7, 2024
Bridgepoint Capital Ltd
Bridgepoint considers sale of Swedish drinks maker Vitamin Well
...The market for healthy food and drinks products has grown significantly in recent years, as health-conscious consumers seek alternatives to high-sugar snacks and fizzy drinks....
April 22, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
InterviewThe CEO
How Makiko Ono became one of Japan’s few female CEOs
...Drawing on her prior experience running Suntory Beverage & Food’s human resources department, she wants to internationalise the group further....
March 4, 2024
UK inflation
UK food inflation falls in December as shops roll out seasonal offers
...The BRC figures suggest the official rate of price growth for food and non-alcoholic beverages eased further in December after declining to 9.2 per cent in November from 10.1 per cent the previous month....
January 2, 2024
Nestlé S.A.
Nestlé shareholders call on food giant to reduce reliance on unhealthy products
...Nestlé revealed in its annual report for 2023 that 38 per cent of net sales, excluding products such as pet food, baby food, vitamins and medical nutrition, were rated higher than 3.5 under the HSR system...
March 14, 2024
FT Magazine
Richard Billingham’s photographs caused controversy when published three decades ago. What do they say now?
...The cat is obsessed with food because food is the only narrative marker in its day. Time, for the alcoholic, is essentially formless except for the way that drink maps it....
March 30, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
Asahi Group Holdings Ltd
Japan’s biggest brewer Asahi cuts down on the booze as consumers go teetotal
...Like many of its rivals, the so-called beer-adjacent category is attractive to Asahi since the products have higher margins than soft drinks and non-alcoholic drinks can be more profitable than beer because...
April 14, 2024
News in-depthUK agriculture
‘It’s too wet’: UK food security at risk because of record rain, farmers warn
...As the national weather service predicts warmer and wetter winters, farmers have warned that the UK’s food security — and their own profitability — is under threat....
April 13, 2024
Brexit
Food industry warns ‘Not for EU’ labelling will deter investment in UK
...British government plans to require all meat and dairy products sold in the UK to be labelled “Not for EU” consumption will raise food costs, hit exports and deter investment in domestic food manufacturing...
February 22, 2024
UK inflation
UK watchdog accuses food brands of increasing prices by more than costs
...Price growth of food and non-alcoholic beverages hit a 45-year high of 19.2 per cent in March this year, according to the Office for National Statistics....
November 29, 2023
Associated British Foods PLC
Primark owner’s profits soar as investments provide boost
...Associated British Foods, which also owns food brands Ovaltine and Ryvita, posted a 37 per cent increase in pre-tax profit to £881mn for the six months ending March 2, up from £644mn a year earlier....
April 23, 2024
FT Magazine
Wine was my poison. Now it’s my sober passion
...In truth, I don’t like people who don’t drink and I don’t like active alcoholics; I only like people who drink and people who had to stop drinking because they are alcoholics....
January 13, 2024
Correction
Correction: Suntory Group
...Suntory Beverage and Food is the soft drinks company of the Suntory Group. It does not include Suntory whiskies as wrongly suggested in the Women of the Year feature....
December 1, 2023
UK inflation
UK food inflation near 2-year low, data shows
...The second quarterly ONS household cost index is based on how much different households spend on goods and services....
February 27, 2024
Spanish economy
Spain’s supermarket thieves covet olive oil as prices surge
...While theft of strong alcoholic beverages is common across Europe, STC said Spain stood out for its “gourmet” preferences, with cheese, bonito tuna and even cockles also highly prized by criminals....
March 8, 2024
FT Live
Global Pharma and Biotech Summit
Driving life sciences innovation in a disrupted world
Tuesday, 5 NovemberIn-Person & Online Conference
The Big Read
Can Africa one day help feed the world’s growing population?
...OCP’s plan is to take this service all over Africa....
April 3, 2024
Food & Beverage
Plans to label UK homegrown food sparks ministerial row
...Business and trade secretary Kemi Badenoch has warned Steve Barclay, her counterpart at the Department for Environment Food and Rural Affairs, that his plans will drive up food costs and risk upsetting Britain...
February 21, 2024
Food security
Iceland to harvest more corn and less bitcoin, says PM
...Jakobsdóttir’s comments come amid concerns about food security in Europe as big agricultural exporters such as France and the Netherlands try to find ways to balance food production with the need to meet...
March 23, 2024
EU trade
EU agrees fresh curbs on Ukrainian food after farmers’ protests
...However, the food industry on Monday warned of a shortage of sugar in Europe and said Ukrainian imports were needed....
March 20, 2024
War in Ukraine
EU to impose tariffs on Russian grain
...This month, Tusk said that Latvia had understandably imposed its own ban on Russian food exports — and warned that Poland could follow suit....
March 19, 2024
Nestlé S.A.
Nestlé sales miss forecasts as higher prices hit demand
...“It is important when you look at the food sector softness to put it in historic perspective and what we’ve seen over the last two years was definitely a food price inflation spike of historic proportions...
February 22, 2024
Tata Group
India’s Tata sets sights on food and drink deals
...The 155-year-old Tata Group consists of dozens of companies spanning airlines, cars, steelworks and IT services....
December 19, 2023
News in-depthGreggs PLC
Greggs on a roll as low prices and savvy marketing aid rapid expansion
...that’s a rip-off,” she said, pointing at competitors lining the street, adding that now “people are less snobby” about the Newcastle-based bakery that is quickly eating up space in the UK’s high streets, service...
March 8, 2024
HTSIThe HTSI wedding special 2024
The alternative guide to wedding drinks
...Skye Gyngell’s Spring restaurant at Somerset House has hosted many wedding receptions, including that of FT Weekend food columnist Ravinder Bhogal....
April 19, 2024
Diageo PLC
Diageo to appoint former senior UK civil servant as chair
...Diageo plans to appoint as chair Sir John Manzoni, a former chief executive of the UK civil service, while the drinks group is trying to draw a line under a bruising year that has triggered a slump in its...
March 19, 2024

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