Northern vegan food company Meatless Farm has entered administration and made its staff redundant, citing a lack of demand for meat-free products.
The Leeds-based company, first established in 2016 by Danish entrepreneur Morten Toft Bech, has become a fixture in major supermarkets over the years – establishing itself in the US, China, and several European countries, and at its peak selling over £11m worth of its plant-based ‘meat’ alternatives.
It had become well known for its meat alternatives with mince, chicken breasts, sausage and burgers once a popular choice, but now after a ‘difficult period’ the company has ceased trading, reports The Hoot.
Image: Meatless Farm
Image: Meatless Farm
On Friday 9 June 2023, Meatless Farm’s 50-strong workforce were made redundant and yesterday 13 June, the company entered administration.
Commercial director Tim Offer announced on his LinkedIn profile: “Sadly, my time at Meatless Farm has come to an end… the business has unfortunately made all the teams redundant.
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“I learnt a huge amount in a short space of time and have absolutely loved the people and the brand.”
Image: Meatless Farm
Image: Meatless Farm
Interim finance executive John Loughrey added: “Sadly things have not worked out for Meatless Farm so I am now looking for my next assignment, as will numerous other colleagues.
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“I have had a great time in a fantastic company, and have had the honour and pleasure of working with some amazing people. It is a shame the company has not made it through this difficult period and I wish all my former colleagues the best of luck for the future.”
Last month the company hired restructuring specialists Kroll in hopes of finding a buyer for the business.
Kroll announced yesterday that Geoff Bouchier and Benjamin Wiles have been appointed joint administrators to oversee the financial management of the business.
It comes amidst a slump in the overall demand for meat-free products.
Sausage producer Heck, also based in Yorkshire, recently reduced its vegan range citing a similar lack of customer demand for meat-free products.
While some parts of the vegan food industry continue to perform well, such as plant-based milks, cheese and yoghurt, analysis suggests that demand for plant-based ‘meats’ has slowed down.
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Daryll Umali, Managing Director at vegan food company Moving Mountains, said: “With one less brand advocating the environmental agenda, the news of Meatless Farms administration is a sad loss for the plantbased movement, and our thoughts are with all those who lost their jobs.
“However, we can confidently say this loss is not a reflection of the plantbased industry’s trajectory – the chopping and changing is part of the maturing process that comes with an evolving new industry.
“This is an exciting and fast-paced race to develop new and delicious products with advanced technologies and genuine IP. Some brands may unfortunately fall short through unsustainable business models, channeling disproportionate funds to brand building, and without a quality product to match the result is unprofitability – this is something our organically grown business isn’t subject to.
“In 2022, YouGov reported one in four consumers are reducing their meat intake. You only have to ask a group of millennials their coffee order (the answers an oat flat white) to hear the demand. And, the buoyancy and growth of Moving Mountains is testament to that unrelenting demand for plantbased options”
Featured image – Meatless Farm
Business
M&S to expand and create flagship store on major Greater Manchester retail park
Emily Sergeant
M&S has announced expansion plans to create a regional flagship store on a major Greater Manchester retail park.
Only a couple of years after the major retailer permanently closed the doors to its multi-floored store in Bolton town centre back in April 2023, citing changing shopping habits and sparking widespread concerns about the town’s high street, M&S has now revealed grand plans to expand its Middlebrook branch.
The M&S at Middlebrook – which is the largest retail park in the UK – became the only store in the borough following the town centre closure.
While the building on Deansgate in Bolton has remained vacant ever since its closure nearly two years ago, ahead of the anticipated demolition and redevelopment of the town’s Crompton Place shopping centre, it’s not the only site set to receive an upgrade.
M&S will be expanding into two vacant units, including the former Wilko unit, at the Horwich-based retail park.
M&S to expand and create a flagship store on a major Greater Manchester retail park / Credit: Google Maps
Developers Orbit Developments is working with M&S to relocate Boots, which is the other unit which M&S will expand into, and on top of this, a small extension built will also be built onto the back.
Alternative premises have been offered to Boots, according to developers, and they expect the company will stay at Middlebrook.
Set to be a “flagship” store for the region following the redevelopment, Orbit Developments says the new M&S will bring a “renewed vibrancy” to the retail park, and will benefit both customers and the wider community.
More than 100 new jobs will also be created.
“This new brand-defining M&S full line store will significantly enhance the shopping experience for customers in the area and strengthen the retail offering for Bolton at Middlebrook, while creating around 108 new jobs and offering a boost to the local economy,” Orbit Developments said in a statement.
Expansion work is expected to start later in 2025, with the new store expected to open to the public in December 2026.
M&S says it plans to continue trading throughout the redevelopment.
Featured Image – Google Maps
Business
Full list of Lloyds and Halifax bank branches set to close in Greater Manchester
Emily Sergeant
Lloyds Banking Group has announced that it will be closing dozens of high street banking branches across the UK.
As the group, which owns Lloyds, Halifax, and Bank of Scotland, accelerates its plans to cut costs and digitise banking, a total of 136 branches nationwide are set to close permanently between May of this year and March 2026 – with 61 Lloyds branches, 61 Halifax, and 14 Bank of Scotland branches affected.
Lloyds says its decision to shut the high street branches is due to customers shifting away from banking in-person, and preferring to use mobile services instead.
The announcement that 136 branches are set to close also comes weeks after Lloyds decided to allow customers of either Lloyds, Halifax, and Bank of Scotland to use the sites across any of its brands for in-person banking.
The six Greater Manchester branches set to close before May 2026 are:
Lloyds
Farnworth, Bolton
Bury
Newton Heath
Moston
Halifax
Bolton
Walkden
The full list of Lloyds and Halifax bank branches set to close in Greater Manchester has been released / Credit: Unsplash | PickPik
Some of the other North West branches of both Lloyds and Halifax listed to be closing include a number in major Lancashire towns such as Blackpool, Southport, and St Annes, as well as some in Cheshire like Wilmslow and Northwich, and some in Merseyside and on the Wirral.
Lloyds said that transactions across these particular branches fell by an average of 48% over the past five years, with customers using app payments more frequently.
“Over 20 million customers are using our apps for on-demand access to their money, and customers have more choice and flexibility than ever for their day-to-day banking,” a spokesperson for Lloyds Banking Group said as the closure announcement was made.
“Alongside our apps, customers can also use telephone banking, visit a community banker or use any Lloyds, Halifax, or Bank of Scotland branch.
Georgina Pellant -
14th June 2023 
