All Finance articles – Page 37
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NewsGenius losses fall following shift away from own-label
Free-from bread supplier Genius has cut its losses by 20% after restructuring its business over the past two years.
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Product NewsWheat crop expected to exceed five-year average
The UK wheat harvest is expected to be more than a fifth larger than last year’s, according to the first crop estimate from the Department for Environment, Food and Rural Affairs (Defra).
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NewsAryzta grows in Europe, but suffers drag from US
Bakery giant Aryzta has slowed its fall in turnover in the past year, although the business has been hit by declines in its US operation.
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NewsLondon Food Corporation enters free-from market
London Food Corporation has entered the free-from market with the acquisition of gluten-free cereal and food manufacturer Big Oz.
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NewsGreggs further developing its evening meals offer
Greggs is developing its systems for supplying evening meals following ‘encouraging’ trials.
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NewsSamworth Brothers margins are hit in ‘challenging year’
Profits at Ginsters and West Cornwall Pasty Co owner Samworth Brothers have fallen as a result of rising commodity costs and £18m in one-off charges.
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NewsHovis results: refocus on bakery operation paying off
Hovis says it is benefitting from exiting the milling industry and focusing on its bakery operations.
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Product NewsCake Craft World Limited acquired by Dr Oetker
Dr Oetker has acquired cake decoration and sugarcraft supplies business Cake Craft World Limited.
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NewsAlana Spencer buys Lord Sugar out of cake business
The Apprentice winner Alana Spencer has bought Lord Sugar out of her cake business, Ridiculously Rich by Alana.
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NewsInvestment and efficiency drive growth at Finsbury
Finsbury Food Group has said scale will become increasingly important to food manufacturers as key customers get larger.
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NewsCoughlans Bakery seeking investors to grow business
Family-owned South London-based café and bakery firm Coughlans is seeking investment to help drive the development of the business.
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NewsReal Good Food chief exec Hugh Cawley steps down
Hugh Cawley, chief executive officer of Renshaw owner Real Good Food (RGF), is to leave the business.
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NewsPaterson Arran acquired by Burton’s Biscuit Company
Burton’s Biscuit Co is to boost its presence in the foodservice market with the acquisition of shortbread and oatcakes supplier Paterson Arran.
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NewsGenesis Crafty invests £750k and creates new jobs
New contracts have prompted Genesis Crafty – which was sold in pre-pack deal a year ago – to invest and take on new staff.
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NewsReal Good Food secures new £8.9m credit facility
Renshaw owner Real Good Food is set to pay off some of its shareholder debt after securing a new bank credit facility.
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NewsRGF reveals plans to grow cake decorations business
Real Good Food (RGF) is set to shake up its cake decorations range as part of the development of its new streamlined business structure.
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NewsOnline sales and NPD drive growth at Paul UK
Turnover at bakery and café brand Paul UK has risen 7.4% in the past year as the business has benefited from new product development and improved technology.
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NewsGreggs and Pret among 50 firms urging rates shake-up
High street retailers, including Greggs, Pret A Manger and Morrisons, are urging the government to fix the “broken” business rates system.
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NewsNo-deal Brexit could wipe £5.4bn off eating out sector
No-deal Brexit could bring a sharp drop in consumer spending that would wipe billions off café and restaurant turnover, analysts have warned.
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Product NewsTravel hub food and drink sales up £280m
Brits have splashed out an extra £280m on food and drink at airports, motorway services, train stations and forecourts over the past year, according to the latest figures from The NPD Group.