All Finance articles – Page 17
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NewsCosta invests £12m in pay increases and team benefits
Employees at company-owned shops will be paid at least £10.70 per hour thanks to the firm’s third pay increase in a year
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NewsHovis strike delayed following improved pay offer
A continuous strike had been due to start this Sunday, with the union warning the industrial action was likely to impact bread supplies
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NewsPret gives staff their third pay rise in 12 months
The business has also opened an online discount portal giving staff access to food and other goods from supermarkets at a lower cost
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NewsHovis workers set to stage all-out strike over pay
Union warns the industrial action is likely to impact the availability of bread on supermarket shelves
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NewsAllied Bakeries owner ABF expects sales to be up 20%
Allied Bakeries volume sales had been resiliant, reported ABF, but the business remained under pressure from cost inflation
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NewsCooplands factory and shops under threat in shake-up
The business is understood to be proposing the closure of the former Skeltons factory in Hull and a number of its shops
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NewsFinsbury Food Group posts encouraging first half performance
Revenue is up 14.7% to £190.9m for the six months to 31 December 2022 despite broadly flat volumes
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NewsCornish Bakery set to open six new branches
Independent chain reports record sales and profit margins across its tourism locations, achieving £3.1m profit before tax
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NewsLaw firm claims bakers may be in line for energy bills compensation
Lawyers allege energy suppliers offered payments to brokers to sign up customers, ignoring whether energy was cheaper for users
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NewsJones Village Bakery opens £2m pancake production line
The Wrexham-based business can now ramp up production to 75 million pancakes a year to meet growing demand
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NewsBakers showing resilience despite cost pressures
Trade groups, including the Craft Bakers Association, say the number of bakery closures is not above normal levels
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FeatureHow regenerative farming can help boost bakery sustainability
Bakers and millers are showing a growing appetite for grains grown using regenerative farming methods that improve soil health
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NewsFrank Dale boosts capacity with £400k equipment investment
The frozen food specialist has invested in include blast freezers, automated quiche cutters, a metal detector and pastry mixer
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NewsHow council grants helped Bruno’s Bakery expand
Warwickshire business has increased workforce from 14 to 34 after taking on new premises
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NewsScottish pie and biscuit firms get funding for reformulation
Bells Food Group and Border Biscuits are among 13 Scottish food and drink producers to receive funds as part of FDF Scotland’s Reformul8 Challenge Fund
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NewsReids Bakery wins six-figure Virgin Atlantic shortbread deal
Four types of shortbread produced by the Thurso-based bakery will be offered to passengers aboard the airline
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NewsCaffè Nero now trading above pre-pandemic levels
The business announced UK sales of £150m in the last six months, an increase of 17% year-on-year.
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NewsFinsbury Food Group acquires snowballs maker Lees
Finsbury has bought the Scotland-based meringue and teacake specialist in a £5.7m deal
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NewsWelsh cake supplier revamps its production facility
The Flint-based business has invested in new equipment following support from the government’s Food Business Investment Scheme
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NewsBakery deals bolster declining M&A activity in 2022
Mergers and acquisitions in the food and drink industry fell sharply compared to 2022 but was propped up by bakery deals including Grupo Bimbo’s