All Finance articles – Page 7
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NewsCherrytree Bakery invests £1m in expansion
The Lancashire-based traybake business is hoping to double turnover to £50m in the next three years
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NewsBells Food Group secures Tesco own-label pastry contract
The Lanarkshire-based pastry specialist will produce 5.5m packs of puff pastry for the retailer
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NewsGrant schemes help bring bakery back from the brink
Investment in technology means Yorkshire business White’s Bakery is now looking to double its turnover
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NewsBuyers secured for site and machinery of Vale of Mowbray
Compleat Food Group purchased the machinery while a Dutch firm bought the site in Leeming Bar
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NewsWarrens reopens flagship Cornish Pasty store in Penzance
The company is looking to complete the rebranding of all its existing stores by the middle of next year
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NewsBakkavor creates dedicated bakery division in UK shake-up
News of the restructure comes as business reports UK market share gains despite flat volumes
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NewsGreggs’ strongest growth coming from its evening trade
The company has revealed plans to extend the opening of 300 shops to 9pm and trial 24-hour drive-through sites
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NewsGlasgow bread rolls supplier Mortons ‘ceases trading’
Around 250 jobs are reported to be at risk due to closure of the long-established Scottish firm
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NewsAryzta says bake-off success is driving market share gains
The global bakery giant said bake-off goods remain attractively priced despite rising cost inflation
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NewsCosta invests £12m in pay increases and team benefits
Employees at company-owned shops will be paid at least £10.70 per hour thanks to the firm’s third pay increase in a year
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NewsHovis strike delayed following improved pay offer
A continuous strike had been due to start this Sunday, with the union warning the industrial action was likely to impact bread supplies
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NewsPret gives staff their third pay rise in 12 months
The business has also opened an online discount portal giving staff access to food and other goods from supermarkets at a lower cost
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NewsHovis workers set to stage all-out strike over pay
Union warns the industrial action is likely to impact the availability of bread on supermarket shelves
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NewsAllied Bakeries owner ABF expects sales to be up 20%
Allied Bakeries volume sales had been resiliant, reported ABF, but the business remained under pressure from cost inflation
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NewsCooplands factory and shops under threat in shake-up
The business is understood to be proposing the closure of the former Skeltons factory in Hull and a number of its shops
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NewsFinsbury Food Group posts encouraging first half performance
Revenue is up 14.7% to £190.9m for the six months to 31 December 2022 despite broadly flat volumes
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NewsCornish Bakery set to open six new branches
Independent chain reports record sales and profit margins across its tourism locations, achieving £3.1m profit before tax
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NewsLaw firm claims bakers may be in line for energy bills compensation
Lawyers allege energy suppliers offered payments to brokers to sign up customers, ignoring whether energy was cheaper for users
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NewsJones Village Bakery opens £2m pancake production line
The Wrexham-based business can now ramp up production to 75 million pancakes a year to meet growing demand
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NewsBakers showing resilience despite cost pressures
Trade groups, including the Craft Bakers Association, say the number of bakery closures is not above normal levels