All Finance articles
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News
Caffè Nero announces change of UK leadership amid strong Q3 sales performance
Will Straton-Morris has stepped down as UK CEO of the coffee chain to become chief business development officer at a time when it reports 8% sales growth for the third quarter
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Fox’s Burton’s Companies assumes UK distribution of Royal Dansk Butter Cookies
Manufacturer behind sweet snacking brands like Fox’s Fabulous, Maryland, and Jammie Dodgers is looking to grow the UK’s butter cookie market further with the Danish brand
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Griddle growth supported by £500k funding round and new senior hires
HFSS-compliant frozen waffle brand completes second funding round to help further scale its operations as it adds around 300 Tesco stores to its list of stockists
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Juvela launches gluten-free brand Oaf and £1.5m allergen-free site
New strategic retail-facing range featuring three gluten-free loaves and pizza bases has been rolled out at Tesco, while the manufacturer has opened a new production site in Pontypool
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Greggs breaks ground on new national distribution centre in Kettering
The new 311,551 sq ft facility located at Junction 9 of the A14 is expected to be built by this September, with it becoming fully operational by 2027
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Geary’s Bakery opens £36m Leicester factory to meet demand for Jason’s Sourdough
The Glenfield site will double production capacity and create 380 new jobs as Geary’s looks to capitalise on demand for speciality bread with its Jason’s Sourdough brand and own-label products
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Pasty power: Prima Bakeries Group reports soaring sales and profit during FY24
Latest financial results for the Cornwall-based manufacturer reports turnover growing by 11% to £13m and profit catapulting 68% to £1.5m
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The Almond Thief goes into liquidation with two Devon shops closed
Craft bakery firm, which specialised in sourdough loaves and pastries made from locally farmed and milled heritage wheat, has ceased trading at its sites in Dartington and Totnes
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Feature
From niche to necessity: why free-from bakery is outpacing the market
UK consumers spent £24.7m more on free-from baked goods via supermarkets last year as leading producers step up their NPD game and retailers enhance store fixtures to cater to demand
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Scottish pizza manufacturer to double capacity with new factory
Backed by a seven-figure funding package from Bank of Scotland, Victor Pizza is moving to a new site in Coatbridge creating 17 jobs and a trio of new products in the process
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Fox’s Burton’s Companies reports sweet success in biscuit market during FY24
Sales, volumes, profitability, and market share have all improved in the latest financial year of the UK’s second largest biscuit manufacturer
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Lola’s Cupcakes teams up with Disney on a whole new world of sweet treats
New brand licence partnership sees the London-based chain unveil cakes and cupcakes decorated in Frozen, Moana, Toy Story, Cars, Lilo & Stitch, and The Lion King themes
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Greggs sales heating up in 2025 as menu innovations drive growth
Bakery chain reports sales of £784m for the 20 weeks to 17 May 2025 with like-for-like sales growth improving from 1.7% in the first 9 weeks of the year to 2.9%
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Unions voice ‘serious concerns’ for workers after Bakkavor and Greencore merger
Unite the Union and GMB Union are urging the food-to-go manufacturing giants to be transparent on job losses in the wake of acquisition terms being finalised
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Premiumisation strategy in sweet treats continues to pay off for Premier Foods
Consumers trading up to branded sweet treats like Mr Kipling Signature Bites helped Premier Foods deliver strong volume growth in its latest financial year
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Bakkavor and Greencore agree terms to form £4bn food-to-go manufacturing firm
Boards of food-to-go manufacturing giants have finalised the terms and conditions for Greencore’s cash plus shares offer for Bakkavor, valued at £1.2bn
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Equipment supplier Rademaker acquires Form & Frys and partners with Sensure
Dutch company purchases Danish folding, forming and filling machinery specialist and starts collaboration with the Italian vision inspection system provider
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Gluten-free bakery specialist Dr. Schär UK reports record profit in 2024
Latest financial results for the UK arm of the European manufacturer show profit jumping up to £1.6m with turnover increasing by 8% to £45.1m
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Hilton Macarons makes expansion move whilst launching three new selections
Suffolk-based sweet treat specialist has shifted production into the Darsham site of its new owner Two Magpies Bakery, and unveils a trio of indulgent macaron boxes
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Customer and export gains see sales and profit soar at Signature Flatbreads
Turnover at the Dunstable-based manufacturer has increased by 16.1% to reach £330.5m in its latest financial year with profit more than doubling up to £42.8m