All Finance articles – Page 62
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News
Double-digit revenue growth for The Bread Factory
The Bread Factory has reported another year of double-digit growth, with revenue up 25% from £36.1m to £45.1m.
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Product News
Kingsmill loaves back on Tesco shelves
Tesco has relisted several of Kingsmill’s core branded bread loaves, nine months after they were cut as part of supermarket’s ‘Project Reset’ simplification of its SKUs.
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Australia franchise café firm reveals UK expansion plans
Jamaica Blue plans to open four new cafés in ‘affluent’ areas of the UK in 2016.
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RGF buys sports supplements brand
Real Good Food (RGF), the food ingredients and bakery supplier, has bought ISO2 Nutrition, the sports supplements brand, for a nominal amount.
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Product News
Warburtons finalises five-year wheat contracts
Warburtons, the bakery giant, has today announced the finalising of new wheat-growing contracts with more than 300 British farmers.
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Costa Coffee reports Q3 sales growth
Costa Coffee, the Whitbread-owned café chain, has posted UK like-for-like (LFL) sales growth of 2.5% for the 13 weeks to 26 November 2015.
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Costa launches Fresco
Costa Coffee has launched a new concept which focuses on food-to-go sales.
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Whitbread announces new non-executive director
Whitbread, the group that owns Costa Coffee and Premier Inn, has appointed Chris Kennedy as a non-executive director.
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FDF president pledges to treble apprenticeships
Fiona Kendrick has announced a pledge to treble apprenticeships in the food and drink industry and grow value-added exports a third by 2020.
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Independent bakers missing out on Bake Off opportunity
High street bakery outlets are failing to cash in on a surge in consumption of sweet-tasting bakery and dessert products, in a trend driven by The Great British Bake Off.
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Brains gains £85m to expand Coffee#1 chain
Drinks and hospitality firm Brains has been given an £85m funding packing to help accelerate the roll-out of its coffee chain business Coffee#1.
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Edme appoints new sales director
The malted ingredients producer Edme has announced that Michael Carr is to be its new sales director.
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Caffè Nero acquires London sites
Caffè Nero, the high-street coffee chain, has acquired three London sites from struggling café business Harris + Hoole.
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Product News
MPs back sugar tax, but industry fights back
A group of MPs has thrown its weight behind a proposed tax on sugary drinks to battle child obesity – along with other measures.
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Aryzta enjoys Q1 revenue growth
Aryzta, the Irish-Swiss bakery group, has reported a 6.1% rise in revenue to €995m (£701m) for the three months to 31 October.
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Industry reacts well to Autumn Statement
Leading industry figures have responded favourably to the Chancellor George Osborne’s Autumn Statement but raised concerns over the impact of a new Apprenticeship Levy.
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Product News
Country Style buys up former bagel firm’s assets
Country Style Foods has acquired the assets of the recently collapsed Ixxy’s Bagels for an undisclosed sum.
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Another record year for Patisserie Holdings
Patisserie Holdings, the company behind a host of high street chains, has delivered another “record” year after its underlying profit increased by 22% to £18.8m.
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Hovis threatens to cut more Wigan jobs
Hovis workers in Wigan have been hit with fresh woes after it was announced cut-backs were putting 111 jobs at risk.
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New Britain Oils hires expert to lead foodservice expansion
New Britain Oils, the Liverpool-based sustainable palm oil producer, has appointed Iain Anderson as national account manager.