All Finance articles – Page 5
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NewsBakkavor update: bread, pizza and desserts improve
Bakkavor has reported signs of recovery in some product areas as consumer habits adapt to the coronavirus pandemic.
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Cornish Bakery gets CBILS loan from Clydesdale Bank
The Cornish Bakery has secured £1m funding through the Coronavirus Business Interruption Loan Scheme (CBILS) from Clydesdale Bank.
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SSP H1 results: coronavirus hits turnover at travel site operator
Like-for-like turnover fell 8.4% at travel sites operator SSP due to the impact of coronavirus.
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Mini Miss Bread in Saffron Walden crowdfunds
Essex-based Mini Miss Bread has launched a crowdfunding campaign.
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Roberts Bakery turnover up £3.1m in 2019
A radical relaunch of its Roberts Bakery brand has led to a significant increase in sales revenue for Frank Roberts & Sons.
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Nearly 2,200 Adelie Foods staff made redundant
Nearly 2,200 employees at food-to-go specialist Adelie Foods have been made redundant after joint administrators Deloitte were unable to secure a sale for the business as a going concern.
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Cakesmiths in Bristol secures funding from Lloyds Bank
Bristol-based Cakesmiths has secured funding from Lloyds Bank amid the Covid-19 pandemic.
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Lotus Bakeries ups stake in Natural Balance to 98%
Lotus Biscoff owner Lotus Bakeries has increased its ownership of Natural Balance Foods to 97.9%.
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Administrators called in at sandwich maker Adelie
Sandwich manufacturer Adelie Foods has appointed administrators Deloitte following the impact of Covid-19 on its business.
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Aryzta turnover plunges by 21% due to Covid-19 impact
Covid-19 has caused revenue at bakery business Aryzta to fall more than 20% year on year, the company has reported.
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Aryzta shareholders launch bid for board shake-up
Bakery business Aryzta is facing calls from shareholders for a major shake-up of its executive board.
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Neal’s Family wins £5,000 community award grant
Lancashire-based Neal’s Family Bakery has won an award from dating and social networking app Bumble.
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Greencore turnover down 60% as food-to-go crashes
Turnover at Greencore is currently down 60% year on year following the slump in the food-to-go market.
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Government to give Trade Credit Insurance guarantee
The government is to temporarily guarantee business-to-business transactions currently supported by Trade Credit Insurance.
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FOB: Furlough scheme vital for foodservice bakeries
The extension of the job furlough scheme has been welcomed by a baking industry suffering from the collapse of the foodservice market.
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Aryzta halts production at eight of its bakeries
Aryzta has halted production in eight of its bakeries and furloughed almost a third of its staff to mitigate the impact of the coronavirus outbreak on trading.
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Former Genesis Crafty boss opens new bakery business
Brian McErlain, who was previously managing director of Genesis Crafty, has launched a new bakery company.
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Baked goods firm Arden sold to management team
Biscuits and baked goods supplier Arden Fine Foods has been acquired by its management team.
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Speedibake fire results in £25m exceptional charge
A fire that destroyed the Speedibake factory in Wakefield has resulted in a £25m exceptional charge for owner Associated British Foods (ABF).
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Burton’s Biscuits gives staff £100 ‘thank you’ payment
Around 1,800 of Burton’s 2,200 employees received the payment for their work at its five UK production sites.
