In Other News....
Lincoln & York appoints new financial director to support rapid growth
Lincoln & York has appointed Simon Webster as the new finance director to support the growth of the business.
It said that Webster’s appointment comes at a time of change for the business as revenues hit £34.55m in 2018 and is on course to double this to £60m by 2023.
Webster, who was formerly managing director at JZ Flowers International, said “I’m very excited to join a business that has shaped the coffee industry in such a big way and yet has heritage embedded at its core. My main goal is to support James and the wider team in achieving our next phase of growth through cementing our roots in the UK and expanding into further markets internationally.”
James Sweeting, managing directort of Lincoln & York said: “We are delighted to have Simon on board as we enter a very exciting stage in our journey. His wealth of experience, alongside a focus on the commercial side, will be a vital asset for the business as we continue on the journey to become the coffee roaster of choice in the UK and EU.”
Typhoo publishes tea supplier list
Typhoo has published a full list of its 250 tea suppliers on its website in a bid increase transparency and accountability.
The tea brand, which packs over 18,000 tonnes of tea and infusions every year, said it prides itself on its ethical position and reputation within the industry.
“At Typhoo, our commitment to sourcing responsibly in an ethical and safe manner is of high importance and we take pride in knowing where our tea is from,” said Paul Jefferies, Tea Buyer at Typhoo.
“We’re always looking for more sustainable ways to source our tea and source tea from Rainforest Alliance certified farms that have environmentally and socially responsible practices.”
Nestlé Waters joins consortium to support PET recycling
It said that Carbios has developed an “innovative process” that breaks down PET plastic waste into its original component. It is thought that this could pave the way for 100% recycled PET content in new products and offers the potential to recycle PET plastics repeatedly.
Massimo Casella, head of R&D Nestlé Waters, said: “We are pleased to be joining the Consortium in supporting the development of this new technology. It can help us to achieve Nestlé’s goal of increasing the amount of recycled plastic content in our bottles without compromising on quality and contribute to creating an environmentally sustainable world for the next generation.”
Bob & Berts to open three new shops
Coffee shop chain Bob & Berts is to open three new shops in Scotland this year with backing from Edinburgh-based investor BGF, according to Business Insider.
It said the Northern Irish business would add Kirkcaldy, Ayr and Stirling to its existing outlets in Falkirk, Dunfermline and Dumfries.
It aims to have 20 outlets across Scotland by 2022, employing around 400 people. The shops open between 7.30am and 6.30pm
Bob & Berts founder Colin McClean said: “We are very pleased with the performance of our stores in Scotland, which has reinforced our belief that there is demand for high-quality, independent food and coffee shops in traditional high street settings.
British Coffee Association confirms coffee economy figures
The news comes as the British Coffee Association (BCA) has published figures on the impact of coffee on the UK economy. The data comes from a report by the Centre for Economics and Business Research, commissioned by the BCA.
The report figures, which were unveiled by Beverage Business World in January 2019, said that that the coffee industry’s total output to the UK economy was £17.7bn in 2017 including direct, indirect, and induced impacts, creating approximately 210,325 UK jobs.
Between 2016 and 2017, the number of people employed in coffee-related activities increased by nearly 10%.
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