Industry News

Industry News

Industry News

Britvic secures its first green finance deal worth £400 million

Britvic has announced its first sustainability-linked credit facility to the tune of £400 million. The five-year deal, which can be extended by a further two years, is...

New independent scheme launched to support access to cash

An independent access to cash initiative has been launched to support local communities’ access to cash needs. The Community Access to Cash Pilots initiative encourages...

Lucozade opens new £13 million line at Coleford factory

Lucozade Ribena Suntory has opened a new energy and water-efficient production line at its Royal Forest Factory, Coleford. The development comes a year after Japan-based...

Indies warn severe impact as Menzies announces carriage charge rise

Menzies Distribution today announced a carriage charge increase of 3.5 percent on average in the UK ostensibly to compensate for increased labour costs caused...

Dhamecha founder Khodidasbhai passes away

Khodidasbhai Dhamecha, one of the pioneers of the British Asian business community and a leading figure in the grocery industry, passed away last week...
Tesco

CMA calls on supermarkets to review land agreements after Tesco restrictions came to light

The Competition and Markets Authority has called on major supermarkets to review their land agreements for any anti-competitive restrictions. The move follows the discovery of...

Prolific shoplifters get jail time, ban

Two shoplifters were sentenced to jail by Cambridgeshire courts and another served a prohibitory order in Cumbria in separate cases. David Delancy from Stevenage has...

George Eustice promoted as Defra Secretary

George Eustice has been appointed as the new Defra Secratary in the cabinet reshuffle on 13 February. Eustice, previously a minister in the department, replaces his...
nestle logo

Nestle sees profits rise 24.4 percent in 2019

Swiss food giant Nestle on Thursday posted a 24.4 percent jump in net profit last year, with numbers boosted by the sale of its...

Rishi Sunak replaces Javid as Chancellor

Prime Minister Boris Johnson has appointed Rishi Sunak as the new chancellor of the exchequer, the government said in a statement on Thursday. Sunak, 39, succeeds...