We would love to hear your thoughts about our site and services, please take our survey here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksPremier Foods Share News (PFD)

Share Price Information for Premier Foods (PFD)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 159.80
Bid: 159.20
Ask: 159.80
Change: 0.00 (0.00%)
Spread: 0.60 (0.377%)
Open: 155.40
High: 161.20
Low: 155.40
Prev. Close: 159.80
PFD Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 1-Bring in the army: Food group's call to relieve UK lorry driver crisis

Fri, 02nd Jul 2021 13:30

(Adds government spokesperson comment)

LONDON, July 2 (Reuters) - Premier Foods, one of
Britain's biggest food companies, has called on the government
to consider using the army to distribute goods to help relieve a
severe shortage of truck drivers.

Last week industry leaders warned Britain could face gaps on
supermarket shelves this summer and an "unimaginable" collapse
of supply chains after the pandemic and Brexit led to a shortage
of more than 100,000 heavy goods vehicle (HGV) drivers.

At a meeting on Monday between officials from the Department
for Environment, Food & Rural Affairs (DEFRA) and food industry
representatives, Premier Foods' delegate asked the government to
consider using the army to distribute supplies, given that some
military personnel hold HGV licenses.

Details of the meeting were first reported by ITV News.

“This was one of many ideas put forward in an industry
brainstorming session," a spokesman for Premier Foods, which
owns brands including Mr Kipling, Bisto, Ambrosia and Paxo, said
on Friday.

"At Premier Foods, we have plans in place to manage the
situation within our supply chain.”

A spokesman for Britain's Ministry of Defence said it had
not received a formal request to provide support. A government
spokesperson later said: "There are no plans to use military
personnel in this scenario."

At the DEFRA meeting Chris Hall, head of logistics at Asda,
Britain's third largest supermarket group after Tesco
and Sainsbury's, said the grocer was "just about
keeping our head above water".

He warned however that any spike in demand this summer would
"give us significant challenges and disruption".

Industry lobby group the British Retail Consortium (BRC)
said the fall in HGV driver numbers has resulted in minor
disruption to some supply chains.

"Supermarkets are working closely with their suppliers to
ensure that consumers still have access to the same great
selection of goods," said Andrew Opie, the BRC's director of
food & sustainability.

"The government must rapidly increase the number of HGV
driving tests taking place while also looking for a longer-term
solution to this issue."

The government has said most of the solutions are likely to
be commercial and from within industry.
(Reporting by James Davey
Editing by Jan Harvey)

More News
23 Jul 2021 08:04

Premier Foods FY profit seen at top end of expectations

(Sharecast News) - Mr Kipling owner Premier Foods said on Friday that full-year adjusted pre-tax profit was set to be at the top end of its expectations after "a very encouraging start to the year".

Read more
16 Jul 2021 16:13

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more
16 Jul 2021 16:11

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Read more
9 Jul 2021 15:50

EXECUTIVE CHANGES: IG taps US banker; Synthomer adds former BASF exec

EXECUTIVE CHANGES: IG taps US banker; Synthomer adds former BASF exec

Read more
8 Jul 2021 17:28

Booze, burgers and bangers - UK supermarkets brace for Euro 2020 final frenzy

LONDON, July 8 (Reuters) - Soaring demand for beer, soft drinks, salads and barbecue food as England supporters prepare for Sunday's Euro 2020 final is putting more pressure on supermarket supply chains already creaking from a shortage of lorry drive...

Read more
7 Jul 2021 13:24

UK relaxes trucking rules to ease shortage of drivers

LONDON, July 7 (Reuters) - Britain's government said on Wednesday it would relax rules this month for how long truck drivers can work, as a temporary fix for a severe shortage of qualified heavy goods vehicle (HGV) operators as the economy reopen...

Read more
2 Jul 2021 12:20

Bring in the army: Food group's call to relieve UK lorry driver crisis

LONDON, July 2 (Reuters) - Premier Foods, one of Britain's biggest food companies, has called on the government to consider using the army to distribute goods to help relieve a severe shortage of truck drivers.Last week industry leaders warned Bri...

Read more
24 Jun 2021 16:07

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

Read more
22 Jun 2021 11:15

Equiniti hires Mitie's Andrew Peeler to replace John Stier as CFO

Equiniti hires Mitie's Andrew Peeler to replace John Stier as CFO

Read more
7 Jun 2021 17:48

IN BRIEF: Premier Foods closes offering of senior secured notes

IN BRIEF: Premier Foods closes offering of senior secured notes

Read more
24 May 2021 11:14

Shore reiterates 'buy' rating on Premier Foods

(Sharecast News) - Shore Capital has reiterated its 'buy' recommendation on Premier Foods and upped full-year profits forecasts following a string of positive announcements from the owner of Mr Kipling.

Read more
24 May 2021 09:42

BROKER RATINGS: SocGen downgrades Britvic; Peel Hunt raises Biffa

BROKER RATINGS: SocGen downgrades Britvic; Peel Hunt raises Biffa

Read more
24 May 2021 09:16

UPDATE 2-Consumer discretionary, oil stocks pull FTSE 100 higher; Cineworld rises

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Cineworld rises as crowds return to cinemas after UK lockdown* Premier Foods climbs after brokerages raise target price* FTSE 100 up 0.5%,...

Read more
21 May 2021 17:19

Premier Foods ups profit guidance after pricing 2026 fixed notes

Premier Foods ups profit guidance after pricing 2026 fixed notes

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.