All Finance articles – Page 65
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NewsPremier Foods’ shares jump after takeover rejection
Shares in Premier Foods jumped to a high of 54.05p yesterday, after the company announced it had rejected a takeover bid by US spice brand McCormick.
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NewsPremier Foods sells 17.27% stake
Nissin, a Japanese instant noodle firm, has committed to buy a 17.27% stake in Premier Foods.
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NewsPremier Foods writes off Hovis stake
Premier Foods, the manufacturer of Mr Kipling and Cadbury cakes, has revealed it is to write off its £8m investment in Hovis.
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Product NewsSurvey finds demand for more gluten-free products
There is insufficient choice in the gluten-free market, according to 73% of consumers who buy coeliac-friendly products.
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NewsBrian Cassin joins Sainsbury’s board
Sainsbury’s has announced Brian Cassin will join its board as a non-executive director.
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NewsCosta beset by separation rumours
Whitbread’s shares soared yesterday as takeover and break-up talk was rife around the owner of Costa Coffee.
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NewsNew director for Tesco
Supermarket giant Tesco has announced that Lindsey Pownall will join the board as an additional independent non-executive director.
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Product NewsScottish companies forge gluten-free partnership
A partnership to produce gluten-free biscuits has been announced by Duncan’s of Deeside and Pulsetta Foods.
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NewsAllied Bakeries avoids strike disruption
A hot cross bun shortage has been avoided following successful talks between Allied Bakeries and union officials.
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NewsDemand for more independent coffee shops
Despite high street domination by the branded coffee chains, it is independent coffee shops that consumers want, according to new research.
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NewsWheat prices expected to stay low
Wheat prices are expected to stay low, despite an estimated 1m-hectare reduction in global planting.
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NewsFDF opposes Brexit
The Food and Drink Federation (FDF) wants the UK to remain part of the European Union (EU), as 71% of its members “overwhelmingly endorse” staying in Europe.
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Product NewsBlackburn family bakery rises from the ashes to scoop awards
Sandersons has won six national awards for its pies at the 2016 British Pie Awards, just three years after going into administration.
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NewsFSA announces new appointments to the board
David Brooks, Rosie Glazebrook, Stewart Houston and Paul Williams will serve an initial three year term with the Food Standards Agency (FSA), ending in 2019.
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NewsBudget 2016 – key points for the bakery sector
A rise in the number of businesses able to access Small Business Rate Relief, and a tax on sugary drinks, were among key commitments set out by the Chancellor, George Osborne.
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NewsBoparan enjoys positive Q2 results
Boparan Holdings, the company behind 2 Sisters Food Group, has reported a rise in underlying sales and improved profitability for its second quarter.
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NewsFinsbury Food reports strong H1 growth
Finsbury Food Group has reported a 91% growth in its H1 UK bakery operating profit, from £3.8m to £7.2m.
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NewsSainsbury’s reports steady Q4 sales
Sainsbury’s has reported a steady Q4 trading period with like-for-like (LFL) sales excluding fuel at 0.1% growth.
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NewsFree’ist wins Morrisons deal
Low-sugar bakery and snack manufacturer Free’ist has won its first listing with a major British supermarket.
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NewsNew national commitment to sustainable food and drink
Resource efficiency charity WRAP has pledged to reduce the resource intensity of the UK’s food and drink by one-fifth, saving £20bn.