Good Week, Bad Week

Tesco, Hovis and financial result lead week’s news

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Criticism hurled at Tesco, jobs under threat at Hovis a number of food and drink manufacturers posting positive financial results lead this week’s top headlines.

Tesco and Sainsbury – together with their suppliers – came under fire for their food waste policies by campaign group Stop the Rot. The group, backed by TV chef Hugh Fearnley-Whiingstall, delivered 200,000 signatures urging the retailers to cut waste by at least 30% by 2025.

Tesco was also lampooned by Unite the Union for its “pitiful pay offer” to warehouse and distribution staff.

Rank Hovis also announced that 100 jobs were at risk at its Wigan factory after plans were unveiled to close one of its production lines.

Paris terror attacks

The ramifications of the recent terrorist attack in Paris also reverberated on the food industry with 32 businesses pulling out of the Food Ingredients Europe show in the French capital.

There was good news for Finsbury Food Group, Britvic and First Milk which all posted positive financial results and Speciality Breads, which opened a £3M factory.

To find out the full stories on all these headlines, watch the latest edition of Good week, bad week.

Meanwhile, our object of the week was a sneak preview at next month’s Food Manufacture magazine, featuring coverage of the Food Manufacturing Excellence Awards.

Our special thanks go to our sponsors: Alcontrol Laboratories, Dasic, NFT Distribution Ltd, The National Skills Academy Food & Drink, b3 jobs, Lauras International, Sanderson and Oghma Partners.

 

 

  

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