All Finance articles – Page 49
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Product NewsPhone app designed to ‘fight war on food waste’
Entrepreneurs Jamie Crummie and Chris Wilson have designed an app to offload bakery products that are destined for the bin at a discounted price.
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NewsMondelēz to complete Cadbury biscuit takeover
Mondelēz International has agreed to buy the global licence for Cadbury-branded biscuits from Burton’s Biscuit Company.
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NewsBakkavör enjoys Q2 revenue increase
International food manufacturer Bakkavör has seen revenues rise 3.2% to £438.7 million in its second-quarter (Q2) results for the 13 weeks ended 25 June 2016, compared with the same 2015 period.
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NewsConsumer spending slowed in July
The latest Barclaycard consumer confidence research has shown caution among consumers, as spending rose 2.6% in July, with growth levels down on those seen in May and June.
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Product NewsUK wheat traders may capitalise on poor French harvest
French analysts have revised down their expectations for the country’s milling wheat harvest, but UK traders are eyeing export opportunities to North Africa.
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Product NewsCake sales show no signs of crumbling
Last year cake sales grew at the fastest rate since 2011, with the market estimated to have grown by 3% to reach £1.22bn, according to research by analyst Mintel.
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NewsWalls under new ownership after American takeover
Shetland-based Walls Bakery has been taken over by American entrepreneur Bruce Gilardi and has changed its name to Waas Bakery.
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News£15m MBO for biscuit and confectionery marketer
A £15m Yorkshire-based biscuit and confectionery specialist Right Angle Marketing (York) has been sold in a management buy-out (MBO) for an undisclosed seven-figure sum.
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Product NewsFrozen pizza and white bread buck rising grocery price trend
Frozen pizza and white bread have fallen in price despite the cost of a basket of popular supermarket items jumping by 1% in July, latest figures from mysupermarket.co.uk show.
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NewsHaydens Bakery turns in positive sales despite narrower range
Renshaw Food Group has revealed a positive performance for its premium bakery division in its financial results to 31 March 2016, announced today.
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NewsGreggs reports 6% sales boost for H1
Leading bakery food-on-the-go retailer Greggs has seen total sales rise 6% to £422m for the 26 weeks ended 2 July 2016.
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Product NewsSugar arm disposal transforms Real Good Food’s performance
Real Good Food has reported a statutory profit before tax of £12.9m for the year ending 31 March 2016.
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NewsBakery items reduced by 18% in latest Morrisons move
Morrisons is slashing prices on its bakery, cakes and desserts by an average of 18% as part of the retailer’s biggest price crunches on 1,045 products.
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Product NewsBakery creates the world’s most expensive cronut
London-based artisan bakery Dum Dum Donutterie has produced the world’s most expensive ‘cronut’ – costing £1,500.
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Product NewsTaura celebrates 20th anniversary with on-track sales targets
Global ingredients company, Taura Natural Ingredients will celebrate its 20th anniversary with the news that its European sales are on target to increase by 20% this year.
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NewsTunnock’s plans multi-million pound extension
Biscuit company Tunnock’s has submitted plans for a multi-million-pound extension to its Lanarkshire factory in Uddingston.
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NewsGrocery trade escapes immediate Brexit fallout
Brexit has had little impact on grocery share figures, according to the latest data from research firm Kantar Worldpanel.
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Product NewsGreencore reaps benefits of food to go
Food to go has continued to drive sales for manufacturer Greencore Group’s convenience division.
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NewsThoughtful Bread crowdfunds for expansion
Bath-based bakery Thoughtful Bread has asked the local business community to help it expand.
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Product NewsGreencore lays out £15m on food-to-go specialist
Greencore Group has acquired Warwickshire-based The Sandwich Factory Holdings Limited (The Sandwich Factory) from sausage-maker Cranswick.