All articles by Dominic Bernard – Page 2
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NewsFDF revises food inflation forecast to over 9% by end of 2026
The FDF has predicted food inflation will reach over 9% by the end of 2026, after revising its forecasts
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NewsUnilever sells food business to McCormick in $66bn mega-merger
The deal will combine Unilever brands including Hellmann’s and Knorr with McCormick’s self-branded spices alongside Cholula and Frank’s hot sauces
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NewsUnilever €13bn food division deal with McCormick ‘could close today’
The majority of the deal’s value would be given to Unilever as McCormick equity, Unilever said in a statement issued to the London Stock Exchange this morning
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News‘Significant strategic progress’ at AG Barr as profits and revenues up
AG Barr CEO Euan Sutherland has praised the company’s ‘year of significant strategic progress’
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NewsPrinces profits leap in first public results
Princes has built a significant cash position through the year, thanks to its IPO and higher cash generation
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NewsPrinces pushes through price hikes in response to Iran war
Princes has imposed a minimum 5% price rise across all its branded and own-label products on the back of “unprecedented cost pressures” stemming from the Iran war
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NewsABF’s Hovis merger cleared by CMA in Britain
Allied Bakeries would be forced to close down in Great Britain if its proposed merger with Hovis fell through, the CMA’s independent panel has found
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NewsInspired Pet Nutrition revenues rocket past £300m
The group’s acquisition of wet dogfood maker Butcher’s helped propel IPN from £188.6m in revenue to past £300.7m in 2025
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NewsCo-op plunges to loss after cyberattack as CEO steps aside
The Co-op CEO Shirine Khoury-Haq is to step down from her position with immediate effect as the convenience retailer this morning revealed heavy losses following the 2025 cyberattack
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News‘We feel great’: MP Evans CEO celebrates record year
Palm oil producer MP Evans has reported record revenues and profits for 2025, with a “strong start” to 2026 only increased by the Iran war’s boost to biodiesel prices.
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NewsDiageo sells Royal Challengers Bengaluru cricket team for £1.4bn
The proceeds will likely knock 0.1x off Diageo’s net debt/EBITDA ratio
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NewsFood inflation falls, but Iran shock still to come
ONS statistics reported a 3% overall CPI rate, with falls in grocery and alcohol – down one point to 3.6% – counteracted by rising clothing costs
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NewsProfit warning wipes out two-thirds of Distil’s remaining valuation
A fresh profit warning from spirits company Distil has wiped out 63.6% of the embattled company’s market valuation in a day
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NewsEx-Hovis CEO appointed to lead Jacksons Bakery
The new hire will join Jacksons on 14 September 2026, in his first role since his three-year stint as Hovis CEO
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NewsFaux fromage leader Jay&Joy wins £1.7m investment for growth
Targeting international growth under the Jay&Joy brand, the group will also push for a ‘significant acceleration’ of its French brand Les Nouveaux Affineurs’ supermarket distribution
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NewsLe Duff takes ‘decisive step’ in bakery expansion plans
Le Duff’s bakery subsidiary Bridor will take on Panamar’s 2,600 employees and integrated production and distribution networks under the deal
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NewsThe Truffle Guys breezes past £150k crowdfunder goal
The company offers products including truffle oils, mayonnaise, pasta sauce, mustard, and truffle slices and dust
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NewsDeliciously Ella’s double-digit growth boosts owner Hero Group
Hero has pursued better-for-you snacking as a pillar of future growth with multiple acquisitions
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NewsFood manufacturing costs outstripped CPI inflation in 2025
Data published this morning by the FDF showed production costs jumped 4.4% on average in 2025, compared with a 3.6% increase in the Consumer Price Index reported by the ONS
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NewsValeo buys Bulgarian biscuit business to push Europe growth
Valeo Foods has acquired heavyweight Bulgarian biscuitmaker Prestige-96, marking another milestone on the company’s mission to become Europe’s “sweet treats champion”