All Finance articles – Page 44
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NewsConsumer spending confidence ‘at highest level on record’
British consumer spending confidence is at its highest recorded level, according to analysts Nielsen.
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NewsCBA takes action in face of business rates furore
Trade body the Craft Bakers’ Association (CBA) has raised concerns about the impact of business rates hikes with Chancellor Philip Hammond.
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NewsBaker puts £8.17 price tag on sausage rolls to highlight business rates threat
Two Magpies Bakery in Southwold has hit the national press after advertising sausage rolls for £8.17 – a 177% mark-up on the usual £2.95 price tag.
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Product NewsUK food and drink exports exceeds £20bn
Exports of baked goods including bread rose 11.3% year on year to £117.6m in 2016, according to new figures from the Food & Drink Federation (FDF).
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Product NewsVIDEO: How technology can play a big role in the baking industry
British Baker spoke with Shilpa Agarwal, sales and marketing director for the Indian market, on how food-tech companies are currently thriving in India.
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Product NewsREVEALED: Five big trends driving the food-to-go market
Grocery research organisation IGD has identified the top five trends that will shape the food-to-go market for the future.
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Product NewsAryzta boss Owen Killian quits in major management shake-up
Aryzta has announced a top-level management shake-up, with chief executive Owen Killian among a trio of senior figures to leave the bakery business.
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NewsConsumer spending up according to Barclaycard
The latest consumer spending figures from Barclaycard have shown that, following a lull in December, record expenditure on essential items drove a 4.4% uplift in consumer spending in January.
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NewsSayers sales and profits fall in ‘challenging’ year
Consumer uncertainty following the Brexit referendum made for a challenging financial year, Sayers the Bakers has reported.
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Product NewsReal Good Food raises prices as cost increases hit margins
Renshaw and Haydens owner Real Good Food has raised prices as its margins come under pressure from commodity price hikes.
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NewsFood-to-go drives 9.1% like-for-like sales growth at Greencore
Strong food-to-go sales have driven a 9.1% increase in like-for-like revenue at Greencore Group in the 13 weeks to 30 December 2016.
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NewsTesco and Booker to merge in £3.7bn deal
Tesco and wholesaler Booker Group – which includes the Premier, Londis and Budgens symbol groups – are merging to create “the UK’s leading food business”.
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NewsMystery suitor makes move to acquire Fox’s Biscuits from 2 Sisters
An unnamed business has made an approach to acquire Fox’s Biscuits.
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Product NewsGreggs trading update: Food-to-go continuing to drive growth
Greggs says its “growing strength” in food-to-go has contributed to a 4.2% hike in like-for-like sales through its company-managed stores in the past year.
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NewsIrwin & Sons back in profit
Northern Ireland-based bakery Irwin & Sons returned to profit in 2016 after reporting a loss the previous year.
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NewsPieminister sales up 17% year on year
Growth in its own retail outlets has driven a strong performance by Bristol-based pie chain Pieminister in the past year.
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Product NewsSamworth acquires West Cornwall Pasty Company
Ginsters owner Samworth Brothers has acquired West Cornwall Pasty Co (WCPC) from private equity investor Endless LLP, British Baker has learned.
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NewsBoparan prepares for ‘one of our toughest years’
Boparan Holdings, parent company of Holland’s Pies and Fox’s Biscuits owner 2 Sisters Food Group, has reported an 11.9% rise in operating profit to £19.8m in the 13 weeks to 29 October.
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News99 made redundant as Rivington Biscuits enters administration
FRP Advisory has been appointed as administrator to Wigan-based biscuit manufacturer Rivington Biscuits Limited.
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NewsBaking mix business LFI Tollblend acquired by Lesaffre
UK baking mix supplier LFI Tollblend Ltd has been acquired by French business Lesaffre.