All Finance articles – Page 106
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News
Aulds posts a loss in full-year accounts
Scottish bakery group Aulds has seen its financial losses increase as “intense pressure on margins” continued to impact the business.
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News
Bea’s of Bloomsbury sold in pre-pack deal
Bea’s of Bloomsbury has gone into administration and been sold, it has been revealed.
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NewsPremier Foods renews Cadbury Cakes licence
Premier Foods has renewed its long-standing licence to produce Cadbury-branded cakes, as part of its plans to grow the category.
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News
Coffee shop growth shows no sign of slowing
The UK branded coffee shop market has grown at a rate seven times faster than the British economy, according to a new study.
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NewsMrs Crimble’s secures foodservice listings
Gluten-free bakery company Mrs Crimble’s has announced a new range of listings, including contracts to supply easyJet, Moto service stations and the NHS.
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Job losses consultation period slashed in half
The 90-day consultation period before large-scale redundancies can take place is to be cut to 45 days, the government revealed yesterday.
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News
2 Sisters finds biscuit market tough
2 Sisters Food Group admitted the biscuit market had been “tough”, in its latest set of financial results, published today (18 December).
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Greggs’ shares fall on McMeikan departure news
Shares in Greggs fell by 3% yesterday – following the shock news of the departure of chief executive Ken McMeikan.
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News
Greggs recruits for new Moment role
Greggs, the high street bakery and café operator, is looking to add to the management team of its Greggs Moment coffee shop chain.
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NewsGreggs CEO to move to Brakes
Ken McMeikan, the chief executive of bakery retailer Greggs, is to leave the company to take the top role at foodservice supplier Brakes.
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NewsStarbucks pledges corporation tax contribution
Starbucks, the global coffee shop giant, has today pledged to take action to pay corporation tax in the UK – and admitted “we’re not perfect”.
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NewsIntersnack buys KP Snacks business
United Biscuits has sold its KP Snacks business to Intersnack in a deal believed to be worth between £400m and £500m.
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NewsAryzta reveals turnover increase
Aryzta’s European arm experienced a 1.6% growth in revenue to €321.2m (£260.8m), while underlying growth declined by 0.2%, in its first-quarter financial results.
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News
Starbucks offers talks over tax
Starbucks said it has “listened” to its customers following the revelations about its corporation tax arrangements and has offered to have talks with the Treasury.
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NewsHovis boss Williams quits
Iwan Williams, managing director of Premier Foods’ bakery division including the Hovis bread brand, has resigned from his position.
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NewsFood-to-go sales ahead of the market at Greencore
Greencore has seen a strong full-year sales performance, with its food-to-go sector growing ahead of the market.
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News
New runner for UB savoury arm
Japanese snacks company Calbee has reportedly entered the running for the savoury business of United Biscuits.
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Product News
Palm oil firm sees sales fall away
New Britain Palm Oil Limited (NBPOL) has reported a $133.5m (£47.8m) drop in profits before tax in the last nine months compared to the previous year.
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News
Coffee Republic appoints new ops head
Coffee Republic, the Arab Investments-backed chain, has appointed Patrick Mooney as its new UK and international head of operations.
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NewsPremier Foods to shut two bakeries, 900 jobs to go
Under-fire Premier Foods, the food giant behind the Hovis brand, has this morning announced plans to shut two of its bakeries, with the loss of 900 jobs.