Greencore shares slide as M&S sandwich supplier counts cost of Bakkavor takeover May 27, 2026 Food manufacturer Greencore counted the cost of its mammoth deal with rival Bakkavor as integration expenses plunged the firm to a loss in the first half of the year. The FTSE 250 firm – which is a supplier to countless supermarket giants including Tesco, Sainsbury’s and M&S – was weighed down by upfront costs associated [...]
Reeves food tariffs policy will ‘barely touch the sides’ on supermarket prices May 21, 2026 Food manufacturers and retailers have slammed Rachel Reeves’ cost of living measures, claiming the government’s loosening of food tariffs will do little to help supermarkets to cut prices. The Chancellor urged supermarkets to pass on savings from the stripped tariffs to shoppers “in full,” but retailers fear this measure will “barely touch the sides,” City [...]
Tate & Lyle admits ‘disappointing year’ as US buyer circles May 21, 2026 Tate & Lyle has seen profit and revenue slip in what the ingredients firm described as a “disappointing year” marked by muted demand, as a US buyer circles. The FTSE 250 company saw revenue slip by three per cent to £2bn as profit before tax fell by 10 per cent to £238m in the year [...]
City analysts brand SNP food price cap ‘hair brained’ May 19, 2026 Top city analysts have slammed the SNP’s pledge to cap food prices as “hair brained,” as the party’s leader refuses to walk back from the policy. City broker Shore Capital said the SNP’s proposals to cap the prices of some foods would risk diminishing choice, hampering investment in Scotland’s food industry and could even threaten [...]
Cranswick: Pig farmer pivots to bite-sized falafels as Brits embrace weight loss trend May 19, 2026 A food conglomerate founded by pig farmers has been rewarded by its expansion into share-sized Mediterranean foods as weight-loss jabs and health kicks surge in popularity. Cranswick was established by a group of Yorkshire pig farmers in 1972, but has since expanded into falafel and houmous with its acquisitions of Mediterranean food brands like Ramona’s [...]
M&S eyes up Brits’ weekly shops as food arm set to expand May 15, 2026 Marks & Spencer has not been shy over its ambition to conquer the British weekly shop, and the retail giant is nearing a crucial update on its foray into the UK’s fiercely competitive grocery market. M&S Food accounts for more than half (54 per cent) of the retailer’s revenues, and its recent warehouse expansions suggest [...]
Tate & Lyle shares soar on £2.7bn takeover bid May 14, 2026 Ingredients giant Tate & Lyle soared almost 50 per cent after it received a £2.7bn takeover bid from an American food firm. The FTSE 250 firm saw its shares jump by 45 per cent on Thursday, to 543p, after its board said it is discussing the proposal from US company Ingredion. The bid stands at [...]
Eurostar menu: We were first to try the new food – was it good? May 14, 2026 As the debate rages about whether it’s okay to drink pints of lager at 5am before boarding a Ryanair flight (how else are you supposed to get through it?), we at City AM turn our thoughts to an altogether more refined method of transport: the Eurostar. Readers of City AM hardly need to be educated [...]
Chicken roll boosts sales but Greggs warns of food inflation May 12, 2026 Brits’ warm embrace of the new chicken sausage roll has helped boost turnover at Greggs, but the company warned it could be burnt by food inflation if the Iran war persists. Greggs’ share price jumped more than six per cent on Tuesday’s market open, to 1,618p, though the stock remained down three per cent in [...]
Little Moons founder Vivien Wong: Building a London factory was one of our best decisions April 30, 2026 Each week, we dig into the memory bank of the City's great and good. Today, Little Moons founder Vivien Wong takes us through her career.