All Finance articles – Page 57
-
NewsHill Biscuits in management buyout
Private equity investor LDC has backed a management buyout of Manchester-based Hill Biscuits.
-
NewsFewer deals but brands not budging on price, says IRI
The IRI’s new Big Question report on the grocery price war revealed it has saved UK shoppers £9.3bn over three years.
-
NewsTesco sales driven by strong food growth
Tesco has announced sales growth and profit recovery in its preliminary results for 2016/17, its first UK like-for-like sales rise since 2009/2010.
-
NewsRivington Biscuits for sale
The assets of the Wigan-based manufacturer Rivington Biscuits are now for sale, after the company went into administration in December.
-
NewsEXCLUSIVE: Reynards enters administration – and is resurrected by Intelipac
Bakery packaging specialist Reynards, which entered administration last month, has been resurrected by Intelipac, a supplier of products including bakery and deli bags, carrier bags and corrugated cardboard boxes to retailers in the UK and Australia.
-
NewsTesco to pay £129m fine for false accounting scandal
Tesco has agreed to pay a £129m fine for false accounting, rather than face prosecution.
-
NewsRowe’s Cornish Bakers acquired by investment firm
Cornish craft bakery WC Rowe has been acquired by investment firm Iberia Industry Capital (IIC).
-
NewsPark Cakes in management buy-out
Own-label cake and dessert supplier Park Cakes has been acquired in a management buy-out from private-equity firm Vision Capital.
-
Product NewsFinsbury Food Group to launch Mary Berry cakes
Finsbury Food Group has secured the licence to produce a range of Mary Berry cakes.
-
Product NewsPanini’s launches gluten-free range following £200k bakery investment
Swansea-based independent bakers Panini’s has launched a range of gluten-free products following a £200,000 investment from Lloyds Bank that enabled the business to redevelop part of its bakery.
-
NewsAryzta reports 2.8% revenue decline in half-year results
Aryzta has announced that its revenue has fallen by 2.8% to €1.9bn (£1.6bn) for the six-month period ended 31 January 2017.
-
Product News£3m expansion plans for Pecan Deluxe Candy
North Yorkshire ingredients manufacturer Pecan Deluxe Candy is to spend £3m on an ambitious European expansion programme.
-
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.
-
NewsConsumer spending confidence ‘at highest level on record’
British consumer spending confidence is at its highest recorded level, according to analysts Nielsen.
-
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.
-
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).
-
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.
-
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.
-
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.
-
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.