Diageo maintains organic sales forecast despite uncertainties in global trade policies

UK – Multinational spirits maker, Diageo said that it expects to meet its full-year organic sales targets, adding that it had a good start to 2020 financial year. In a trading commentary ahead of the […]

Italy’s Illycaffè acquires its UK distributor amid Brexit uncertainty

ITALY – Illycaffè, Italian coffee company has acquired the UK’s Illy division distribution business from Euro Food Brands, and will now directly manage its UK distribution operations. The acquisition includes the complete transfer of business, […]

FoodDrinkEurope publishes EU policy priorities, calls for least disruptive outcome in Brexit

EUROPE – The EU food industry confederation, FoodDrinkEurope has published its policy priorities for the years ahead and called for the “least disruptive outcome” to the final Brexit negotiations. In an interview with FoodIngredientsFirst, FoodDrinkEurope […]

‘Hard Brexit’ to impact UK food industry negatively, raise consumer prices – Rabobank

UK – The UK economy stands to be hit negatively in case the European Union (EU) and the UK fail to agree on a Brexit deal, while the transition to this situation will be ‘sudden […]

Councils advised to set up ‘food resilience teams’ to prepare for Brexit

UK – Food policy experts have written to local authorities to set up ‘food resilience teams’ to ensure safe, adequate and sustainable food supply in preparation for Brexit. The document, written by specialists from City, […]

Unilever withdraws proposal to move headquarters to the Netherlands

UK – Unilever, a British-Dutch transnational consumer goods company, has said its board has withdrawn its proposal to move to the Netherlands, after a growing tide of opposition by U.K. shareholders. The company said that […]

Mondelez adopts contingency plans as businesses prepare in case of a hard Brexit

EUROPE – Mondelēz International, owners of the iconic British chocolate brand Cadbury’s, has begun stockpiling ingredients and finished products like chocolates and confectionery to avoid the potential pitfalls of a no-deal Brexit scenario. According to […]

UK Food and Drink Federation says manufacturers input prices to rise after Brexit

UK – The UK Food and Drink Federation (FDF) has published the second of its new quarterly business confidence surveys revealing that more than three-quarters of manufacturers expect input prices to rise in the remainder […]