Business news

 

Midlife market missed by drinks makers

Drinks manufacturers are missing out on the midlife market, according to a new report by independent market analyst Datamonitor. Apparently, the ‘midlifers’ are aged between 25-44, disinclined to binge drinking and account for 42 per cent of Europe’s multi-billion euro alcoholic drinks market. What’s more, alcoholic drinks manufacturers continue to regard young adults as their […]

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Lady Jay to head FFB

Lady Sylvia Jay CBE will become the new chair of Food from Britain in 2006. She takes over the role from Gordon Summerfield, who commented,“Sylvia Jay is an excellent appointment. Her knowledge of the food and drink industry will undoubtedly assist exporters in breaking through the £10 million barrier for the first time in nearly […]

Nestle to grow its own

The board of Nestle SA is to set up the Nestle Growth Fund with £500 million to be invested over five to seven years. This new fund is to help Nestle grow new science and nutrition businesses and ntegrate them into the group’s mainstream business units. This will contribute to the group’s expansion into health, […]

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Lax laws loom as boozy Brits drink on

Soaring alcohol sales in the UK are causing concern among health ministers as imminent changes in licensing laws could allow the beverages to be sold round the clock in pubs and shops. The new licence laws, due in November, have been proposed despite reports that alcohol sales have increased by almost ten per cent in […]

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Warning labels

Manufacturers of sugary foods and beverages could be forced to put warning labels on their products as, like cigarettes and alcohol, these are increasingly considered damaging to health. Soft drinks, in particular, are blamed for a nationwide increase in obesity, diabetes, tooth decay and osteoporosis. Michael Jacobson, director of the Center for Science in the […]

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