All Finance articles – Page 60
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NewsRaise Bakery pays Living Wage to staff
Raise Bakery, the Worthing-based cake maker, has pledged to pay its staff the Living Wage of £8.25 per hour.
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NewsUnited Biscuits restarts production at flood-hit Carlisle factory
United Biscuits (UB) has restarted production of McVitie’s Gold biscuit bars at its Carlisle factory, after the site was devastated by floods in the wake of Storm Desmond.
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Product NewsGood year for Irish bakery exports
Bakery exports from Ireland increased by over 35% in 2015 and are now valued at around €185 million, based on sales figures from January to September 2015.
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NewsH1 sales up by 46% at Finsbury
Finsbury Food Group, the UK bakery group, has seen its total company sales increase by 46% to £156.6m in its first half.
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NewsAllied Bakeries reports increased sales in challenging times
Kingsmill owner Allied Bakeries achieved a substantial increase in sales volumes for the 16 weeks ending 2 January, “although pricing and margins remain challenging”.
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NewsGreggs’ trading update triggers share-price tumble
Greggs, the high street bakery chain, suffered a sharp drop in share price as it reported a slowdown in its like-for-like (LFL) sales growth.
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NewsSainsbury’s sales good despite LFL drop
Sainsbury’s suffered a 0.4% drop in like-for-like (LFL) retail sales, excluding fuel, for the 15 weeks to 9 January 2016 – despite trading well over Christmas.
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NewsSouthern Co-op Christmas LFLs up 4.7%
Convenience store retailer The Southern Co-operative saw a like-for-like (LFL) sales increase of 4.7% across the three weeks to 3 January.
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NewsIrwin’s ends year in the red, despite £29.6m turnover
Irwin’s bakery has reported a turnover of £29.m, but also a loss of £128,574 for the year ending 29 March 2015.
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NewsFive things YOU can learn from Greggs today
British Baker highlights some of the key take-outs from the Greggs fourth-quarter update today. Where is the company heading and what will its full year results look like?
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NewsGreggs trading in line with expectations, 2015 LFLs up 4.7%
Bakery chain Greggs said it expected its full-year results to be “in line” with previous expectations – after announcing company like-for-like sales (LFLs) increased by 4.7% in 2015.
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NewsMorrisons’ trading down but improving, 2015 LFLs up 0.2%
Supermarket chain Morrisons is “working to improve” as company like-for-like sales (LFLs) excluding fuel increased 0.2% in the nine weeks to 3 January.
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NewsDiscounters benefit at Christmas amid 0.2% drop in grocery sales
Continuing price deflation meant there was no Christmas uplift for the British grocery market as sales fell 0.2% on last year. But Waitrose, The Co-operative and Sainsbury’s successfully grew ahead of the market.
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Product NewsSubway launches mobile advertising campaign
The Subway sandwich chain has launched a series of promotional activities as part of a bid to encourage traffic into stores in the first-quarter period.
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NewsM&S to add fibre to all bread
Marks & Spencer (M&S), the food and clothing chain, has announced it will become the first UK retailer to start adding fibre to its entire range of pre-packed bread and rolls.
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NewsMontana Bakery suffers profit drop
Montana Bakery, the artisan wholesale bakery, has reported a slump in operating profit from £1.3m to £1.2m for the 12 months to 28 March 2015.
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NewsBakers report strong Christmas sales
Craft bakers have reported a strong Christmas trading period as it was revealed that sales of cake, pudding and confectionary surged by 8.3% in supermarkets.
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Product NewsBorder Biscuits to add second production line
Border Biscuits, the Lanarkshire-based biscuit producer, is to build a second production line at its Lanark facility.
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NewsWest Cornwall Pasty Co suffers pre-tax loss
The UK’s largest pasty operator has announced an underlying profit of £551,000, despite having posted a pre-tax loss of £195,000.
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NewsGreggs reportedly planning 12 NI stores in 2016
High street bakery Greggs will reportedly open at least 12 stores in Northern Ireland in 2016, and its first stand-alone shop in the country will open in Belfast in March.