PalletEarth’s Post

The UK’s Food and Drink Federation has revealed that sector businesses, including within confectionery and snacks, have expressed cautious optimism about the year, ahead, though operating conditions remain notably fragile #imports #exports #Brexit #trade #investment #businessconfidence #confectioneryproduction #growth #foodanddrinksector The Food and Drink Federation https://lnkd.in/es5xpwsE

#Food and #drink businesses are bouncing back, and are preparing to invest, but Government action is needed to unlock full growth potential going forward. The The Food and Drink Federation (FDF) has published yesterday its Q2 State of Industry Report, which tracks #business confidence and trends in the UK’s largest manufacturing sector. The new analysis reveals that nearly nine out of ten food and drink manufacturers expect to maintain or increase investment levels over the coming year. 👉 Read the full article: https://bit.ly/4droWtI  📰 Subscribe to our free newsletter: https://bit.ly/40bLRDb #investment #foodandrink #UK #manufacturing

From our recent regional report data, we uncovered that the East of England delivers 9.2% of the UK’s total food and manufacturing sector. The East of England also delivers: - 8.8% of total UK food and drink manufacturing GVA. - Increase in export numbers - Record growth for businesses by 24.2% between 2018 and 2023 Read our full regional report👇: https://ow.ly/47JY50QXXUp #PowersOurNation

Investment in #foodandbeverage manufacturing in the UK is falling, according to a The Food and Drink Federation report and survey. Brexit, the COVID-19 pandemic, geo-political unrest, extreme weather conditions and inflationary pressures have led to labor shortages and regulatory burdens that continue to hamper growth. Around half of manufacturers have no intention of increasing their investment levels this year. #supplychain #foodindustry #foodnews Reported by Insha Naureen.

𝑼𝒑𝒅𝒂𝒕𝒆 𝒐𝒏 𝑻𝒉𝒆 𝑾𝒊𝒏𝒅𝒔𝒐𝒓 𝑭𝒓𝒂𝒎𝒆𝒘𝒐𝒓𝒌 𝑊ℎ𝑎𝑡 𝑦𝑜𝑢 𝑛𝑒𝑒𝑑 𝑡𝑜 𝑘𝑛𝑜𝑤 𝑎𝑏𝑜𝑢𝑡 𝑃ℎ𝑎𝑠𝑒 2 The Windsor Framework, designed to streamline post-Brexit trade between Great Britain and Northern Ireland, is moving into its next phase. Here's what you need to know: ·      Phase 1 (in effect from Oct 2023): All meat products and select dairy items moving from Great Britain to Northern Ireland must be individually labelled. Prepacked retail goods and some loose products, like fruit and veg, can move freely under the Northern Ireland Retail Movement Scheme (NIRMS). ·      Phase 2 (from Oct 2024): In addition to Phase 1, all milk and dairy products must be labelled individually. This applies to goods moving to NI under NIRMS. If your business handles these products, it's crucial to stay updated and ensure compliance to avoid disruptions. If you have questions or need support navigating these changes? Our team is here to help: Contact our team in the UK: https://lnkd.in/d8fBBVJA Contact our team in Ireland: https://lnkd.in/dys5kWVZ

Are UK food and drink manufacturers leading the way in economic recovery? A recent report by Lloyds Bank reflects their ability to thrive amidst challenging times. Senior UK Economist, Nikesh Sawjani, and Head of Retail and Consumer Goods, Aled Patchett, provide insightful analysis. #UKManufacturing #EconomicRecovery #FoodAndDrinkIndustry

This week we revealed our FDF 2024 Regional Report, the report demonstrates the resilience of our industry, at a time when manufacturers have faced a number of challenges over recent years. Karen Betts, Chief Executive, The Food and Drink Federation said: “It’s Budget week and FDF has released our regional report which illustrates that food and drink manufacturing is the bedrock of growth and jobs in communities throughout the UK.  If the Chancellor wants to boost the UK economy, there’s more he can do to help us unlock skills development and to drive investment in innovation and new technologies at factories right across the country.” Each region and nation of the UK has played a vital role in ensuring food & drink is enjoyed by consumers at home and around the world. The report calls for: ✅ Boosting investment for advanced manufacturing ✅ Working with the government to develop a strategy which will create a formal food and drink innovation partnership to foster collaboration and investment in food and drink manufacturing. ✅ Calling on the government to develop a coherent trade strategy for UK food and drink. Read the full report here: https://ow.ly/KV8I50QLrIw

Is the UK investing enough in food and drinks manufacturing? 💷 There has been numerous factors impacting the industry, including global challenges affecting food cycles from raw materials production to trade barriers. However UK food and drink businesses have done very well in adjusting, and government investment in food research and manufacturing has been encouraging. However, there is always more room for improvement. Where do you think more support and investment can be directed to grow the sector? FoodNavigator's new article discusses this further ⤵ https://lnkd.in/eccY87De

Persistent cost pressures from commodities, energy, and shipping are rising faster than wholesale prices, putting pressure on Australia’s food and grocery manufacturing industry. The Australian Food and Grocery Council is calling on the federal government to back the industry by implementing tax incentives for food and grocery manufacturing to be globally competitive The call follows the release of AFGC’s annual industry snapshot for 2022/23, which highlights the vital role the food and grocery manufacturing industry plays in Australia’s economy, employment, and every household. Australian Food and Grocery Council https://lnkd.in/gTTAvrPt

#UK #seafood trade dropped by almost £1 billion post-#Brexit, but there are now "reasons to be optimistic", says Seafish CEO Marcus Coleman. Speaking at the recent #ResponsibleSeafoodSummit, Coleman noted that a variety of factors, including the #Covid19 pandemic and the UK's departure from the #EuropeanUnion, have significantly strained UK #seafoodtrade over the past 5 years, reducing the combined value of seafood imports and exports from £6.45 billion in 2019 to £5.28 billion in 2024. 📉🐟 💬 "The first half of the year is, at last, showing growth and total trade is moving in the right direction again, although it’ll be a long climb back to pre-2020 levels. For the bounce back to be complete there also needs to be increases in the retail and #foodservice sectors, although we understand market analysts are suggesting a cautious outlook," Coleman said. ✨ More details here: https://lnkd.in/dUCBNaNR