All Finance articles – Page 3
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NewsFestive boom drives record sales for Walker’s Shortbread
The Aberlour-based, fourth-generation family-run business has seen sales rise by 9% to £201m and operating profit jump 23% to £16.1m in its latest financial year
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NewsCooplands back in Yorkshire hands after EG Group agrees sale to local investors
A group of Yorkshire investors led by former chairman David Salkeld have taken back ownership of the bakery brand, which operates 154 shops across the northeast
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NewsGreggs falls behind target for shop openings in 2025
Food-to-go giant expects to open around 120 net new shops this year, behind its previous target of 140 to 150
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NewsFDF calls on government to support UK exports as bakery sales rise by 8%
New data from the Food & Drink Federation has shown that the value of bakery exports from the UK has continued to increase year on year since 2023
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NewsWrapping up production: packaging supplier Werit unveils £8m site expansion
An £8m investment has helped increase the site’s total footprint by 40% and installed new machinery to improve production capacity and efficiency, with nine new jobs added
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NewsGeary’s Bakeries rolls in sourdough trend as sales soar 37.5% in FY24
Leicester-based manufacturer reports a £25.1m leap in turnover up to £91.8m in its latest financial results, mainly driven by its high-flying Jason’s Sourdough brand
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NewsJones Village Bakery to pay teens adult living wage
The Wrexham-based manufacturer is giving 16-year-old school leavers £12.60 an hour
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NewsThe Original Baker unveils multi-million-pound expansion of North Yorkshire site
The project includes a 22,000 sq ft extension to its bakery in Norton, new pastry and baking lines, enhanced logistics capabilities, and recruitment for 30 new jobs
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NewsButterwick closes 12 out of 14 bakery shops and appoints liquidators
Directors blamed rising costs and falling footfall for the decision to shut the majority of their retail estate with 62 people made redundant
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NewsPretzel tie-up: Ditsch strengthens UK presence with WorldBake acquisition
German pretzel specialist Ditsch has acquired Kettering-based frozen bakery supplier WorldBake and created a new company, Ditsch UK
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NewsJPL Flavours invests £11m in high-tech headquarters on the Wirral
New 75,000 sq ft factory features automated manufacturing systems and AI-supported processes
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NewsCheez-It UK sales hit £24m in first year
Owner Kellanova said the brand has been selling the equivalent of one pack every two seconds
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NewsAsda goes in low on food-to-go with new fixed-price meal deal
Retailer says it believes great value should be available to everyone, with its new £3.74 meal deal currently the lowest priced food-to-go offer on the UK market
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NewsCybake and Embargo enhance systems for bakers and foodservice operators
Cybake launches custom cake ordering module while Embargo announces integration with POS provider Square
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NewsCMA launches inquiry into ABF’s acquisition of Hovis
The competition watchdog has launched an invitation for comments on the proposed deal between the bread giants ahead of a formal investigation
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NewsCan AI help protect bakers from ingredient price swings?
ChAI Protect offers businesses opportunity to insure against commodity hikes
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NewsPladis UK breaks £1bn barrier as McVitie’s sales grow
Operating profit at biscuits and snacks business falls despite a £21.8m hike in turnover
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NewsNon-HFSS sweet bakery brand Urban Legend set for administration
Despite significant backing from investors since its 2021 launch, the London-based business has appointed administrators with a sale expected shortly
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NewsHFSS-compliant cookie brand Jnck Bakery enters liquidation
Escalating debts of over £250k has forced the healthier cookie start-up into voluntary liquidation, less than a year after raising £190k from private investors and £260k from crowdfunding
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NewsGovernment policy is key driver of food inflation, says FDF
Food and Drink Federation warns food inflation could hit 5.7% by the end of the year