All Finance articles – Page 59
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NewsCosta continues multiple channel strategy as sales rise
Costa’s total UK retail sales rose 10.1% in the first half of 2016/17 amid total revenue growth for Whitbread of 8.1% to £1.6bn in the six months to 1 September 2016.
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NewsHotel Chocolat profits up 90%
Luxury chocolatier and retailer Hotel Chocolat has recorded a massive increase in profits for the year to 26 June 2016, thanks to a focus on the dark side.
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NewsFood and Drink International Action Plan: Andrea Leadsom encourages export growth
Secretary of State for Environment, Food and Rural affairs Andrea Leadsom has published the UK Food and Drink: International Action Plan from 2016 to 2020 – outlining the encouragement for export growth in the baking industry.
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NewsPeyton and Byrne goes into administration
Bakery and catering company Peyton and Byrne has gone into administration following the loss of contracts at London’s Kew Gardens and the British Library.
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Product NewsNick Clegg: ‘Food prices face cliff edge if UK leaves Single Market’
Liberal Democrat politician Nick Clegg has warned that UK food prices will see a steep hike if the government opts for a hard Brexit and leaves the Single Market.
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NewsSamworth investment pays off
Leicestershire-based Samworth Brothers, maker of Ginsters pasties and Soreen malt loaf, said in a trading statement its investment in staff and facilities had paid off, with revenues topping £900m.
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NewsWhat could Brexit mean for the UK wheat industry?
Increasing productivity and profitability across the agricultural supply chain will be essential following Brexit, the Agriculture and Horticulture Development Board (AHDB) has warned.
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NewsBurton’s loses sales and market share as it shuns deep discounts
Burton’s Foods - producer of brands including Maryland and Jammie Dodgers - has said it lost share in the sweet biscuits market in 2015 after refusing to participate in aggressive category price cuts.
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NewsConsumer confidence at record high, says Barclaycard
Consumer confidence levels have reached a record high, according to Barclaycard, which revealed that UK consumer spending rose 3.6% in Q3.
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Product NewsHim! reveals continuing rise for food-to-go
The total food-to-go market is set to rise by an average rate of 4.4% over the next three years, according to MCA.
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Product NewsSweet Treats buck overall trend at Premier Foods
A sixth consecutive quarter of growth in its Sweet Treats division, at 6.4%, bucked the overall sales trend at Premier Foods, which reported a 5.4% fall in total group sales in its second quarter.
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Product NewsHovis set to collaborate with new DreamWorks movie
UK baking giant Hovis is set to team up with DreamWorks Animation’s latest film Trolls to give one shopper the chance to win a family holiday to visit the studio in Los Angeles.
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NewsFDF survey reveals concerns within the food and drink sector
Members of the Food and Drink Federation (FDF) have revealed in a survey that concerns are mounting within the food and drink sector and confidence is becoming more fragile.
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NewsSignature Flatbreads to use weak pound to drive European sales
Bedfordshire-based wraps and naans manufacturer Signature Flatbreads is aiming to expand its exports business in Europe.
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NewsBrexit set to cost 1,500 Scotland food jobs
The impact of Brexit is set to cost Scotland’s food and drink sector around £150m, which could result in around 1,500 jobs losses in the Highlands, according to researchers.
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NewsKrispy Kreme abandons £200m London flotation
Doughnut retailer Krispy Kreme has chosen to withdraw its planned £200m London flotation after announcing the 100% sale of its shares to US parent brand owner Krispy Kreme Group.
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NewsBiscuiteers aims for growth via crowdfunding
Handmade biscuits company Biscuiteers is launching a crowdfunding campaign with Crowdcube in a bid to achieve accelerated growth.
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NewsMenu development helps boost Greggs’ sales
High street bakery retailer Greggs has said its Balanced Choice and breakfast products have been popular over the summer months, as it released its third-quarter trading statement to 1 October.
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NewsHovis records £19m loss in second year of trading
UK baking giant Hovis has recorded a £19m loss in its second year of trading since Premier Foods wrote off part if its investment into the company.
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NewsPremier chairman steps down
Premier Foods has announced that David Beever will step down as chairman of the company in 2017.