Unilever, the maker of Flora margarine and Dove soap, said it will be able to offset rising food and petrol costs by putting up prices and making its business more efficient. (By Amy Wilson 7:00AM GMT 04 Feb 2011) To read the complete article check out The Telegraph Finance section) However, Paul Polman, chief executive, would not commit to an increase in margins this year. The food and personal care group estimates that increases in the... read more →
Archive for February, 2011
Unilever identifies cost savings after food and petrol prices rise
Potato research highlights need for funding
02/02/2011 14:04:13 – Farminguk.com Coming shortly after Professor Sir John Beddington, the Government’s chief scientist, published a report showing that globally we need to use 40% less water and produce 40% more food within the next 20 years, scientists at East Malling Research (EMR) believe their latest work could play an important role. With global population continuing to rise, scientists will be at the forefront of how growers and farmers... read more →
Media Wal-Mart’s Asda Unit Ordered to Withdraw `Misleading’ TV, Newspaper Ads
Asda, the U.K. food retailer owned by Wal-Mart Stores Inc., was ordered to withdraw television and newspaper advertisements for a price guarantee promotion which the Advertising Standards Authority labelled “misleading.” To contact the reporter on this story: Sarah Shannon in London at sshannon4@bloomberg.net. To contact the editor responsible for this story: Celeste Perri at cperri@bloomberg.net. By Sarah Shannon – Feb 2, 2011 1:47... read more →
Price Rise for Corn Sweeteners
Tate & Lyle the FTSE 350 sugars group has raised the price of its corn sweeteners used by the food and drink industry by 15-20 per cent. The sweeteners account for a quarter of Tate’s profits. Article listed in The Times (Business section) Wednesday February 2 2011 AKPC_IDS += "2939,"; Read More →
“Fat Tax” on takeaways
Takeaway restaurants may have to pay a £1,000 “fat tax” to obtain a licence to operate in Oldham in an initiative to tackle obesity. Kebab houses, chip shops and burger bars will have to pay the levy before they can open for business if the plans are approved by councillors tonight. The revenue would be used to promote healthy eating. Article appeared in The Times – Wednesday February 2011 AKPC_IDS += "2934,"; Read More →
Global fish consumption hits record high
The global consumption of fish has hit a record high, reaching an average of 17kg per person, a UN report has shown. By Mark Kinver Science and environment reporter, BBC News The global consumption of fish has hit a record high, reaching an average of 17kg per person, a UN report has shown. Fisheries and aquaculture supplied the world with about 145m tonnes in 2009, providing about 16% of the population’s animal protein intake. The findings... read more →
Asda told to change adverts by ASA
Asda adverts promoting price competition against other supermarkets must be changed, the advertising watchdog has ruled. (BBC News Business) The adverts promised to refund customers the difference during their next shop if they found groceries cheaper at the other major stores. But Morrisons and Tesco complained to the Advertising Standards Authority (ASA) that there were significant exclusions from the price comparison. Asda argued the comparison was robust. Cheaper? Tesco... read more →




