Nomad Foods reported second quarter 2026 results showing reported revenue decreased 3.1% to €724 million, with organic revenue declining 2.9%. Volume fell 5.9%, partially offset by a 3.0% positive price-mix contribution. The frozen food company's adjusted gross margin improved 110 basis points to 28.9%, driven by pricing and supply chain productivity. Adjusted EBITDA decreased 4.3% to €124 million, whilst adjusted earnings per share fell 2.5% to €0.39. Chief executive Dominic Brisby said the quarter marked "an important step forward" as the company secured price increases, expanded gross margins, and restored momentum with key retail partners. He expressed confidence in the firm's ability to drive improved performance. Adjusted operating expenses rose 7.8% to €111 million due to rebuilding the company's employee performance incentive scheme.

UK expands Global Talent visa to 100+ commercial R&D firms. August 7, 2026 Commercial enterprises across the UK can now directly host and support international scientific and engineering talent following an extension to the government's Global Talent visa scheme. Announced by the Department for Business, Innovation, Science and Trade, the expansion enables more than 100 commercial research-intensive companies, including major corporate brands like AstraZeneca and Jaguar Land Rover, alongside fast-growing technology firms, to recruit leading international researchers using the endorsed funder pathway. Previously restricted primarily to higher education institutions and independent academic research bodies, the expanded pathway provides a fast-track route for commercial organisations to secure specialist skills across eight priority industrial sectors, including AI, quantum computing, life sciences, clean energy, and advanced manufacturing. Addressing the high-growth skills gap. For B2B commercial leaders scaling complex technological solutions, international talent acquisition remains a key operational bottleneck. The visa expansion directly targets high-growth sectors where domestic talent pools are highly competitive. The decision allows eligible businesses to sponsor top-tier specialists who are named on funded research grants or bringing critical technical expertise, shortening the administrative timeline for cross-border recruitment. Industry leaders react. Commercial leaders across the technology and life sciences ecosystems have welcomed the move, highlighting speed and flexibility as essential requirements for global competitiveness. Steve Brierley, CEO and Founder, Riverlane said: "Building the team to make quantum computers reliable means competing for a small pool of world-class talent across borders. The Global Talent visa gives us a fast, flexible route to bring the best people to the UK, and that speed matters when the field is moving as quickly as quantum is right now." Business associations also emphasized the role of visa flexibility in securing foreign direct investment and maintaining operational scale within the UK. Kate Barclay MBE, Skills Consultant, BioIndustry Association added: "This expansion is a vital, practical opportunity for members to help shape a more agile, responsive immigration system that reflects the realities of a fast-moving, high-growth industry." In addition to the Global Talent visa changes, the government confirmed plans to broaden the UKRI-administered Future Technology Research and Innovation (FTRI) scheme, extending temporary work placements of up to two years for international researchers working within early-stage tech ventures. Key action points for commercial leaders. Check Host Eligibility: Review the updated UKRI list of approved research organisations to confirm whether your business qualifies to host researchers under the endorsed funder route. Streamline R&D Recruitment: Integrate fast-track visa pathways into your enterprise talent acquisition strategies for critical technical and PhD-level roles. Register Corporate Interest: Non-listed research-intensive firms can submit formal expressions of interest via UK Research and Innovation (UKRI) to participate in future scheme expansions. Is Blue Monday killing your sales team's motivation? Discover 5 tactical fixes to move your sales team from "stagnation" to "high-performance." Nomad Foods announces a £2.2 million factory investment in a new automated potato waffle production line at Lowestoft, boosting capacity to 18,250 tonnes. Customers today want information in real-time. They don't expect to have to wait, particularly if they are ready to buy, and unwarranted cold calls... - Advertisment - Featured. British Steel secures a record £70M Nigeria export deal as the UK Government declares steel "critical." Read insights from Manufacturing Today and the "Save Steel Buy British" campaign.