All Finance articles – Page 70
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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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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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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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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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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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NewsUB boss steps down
United Biscuits’ chief executive, Jeff van der Eems, has stepped down with immediate effect.
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NewsHigh street closures at five-year low
New research from PricewaterhouseCoopers (PwC) and the Local Data Company (LDC), shows coffee shops led the rise in new store openings last year.
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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.
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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 directors for Tate & Lyle
Tate & Lyle PLC has announced that it has appointed two non-executive directors, with effect from 1 April.
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Product News“Significant growth” for Bokomo Foods
Cereal maker Bokomo Foods is now the main supplier to all major supermarkets’ own-brand cereal products.
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NewsWaitrose operating profit up despite tough market
Waitrose has reported a 3.9% rise in operating profit for the year, to £232.6m, despite “exceptionally tough” market conditions.
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NewsMorrisons details strategy for growth
Morrisons has listed six key priorities, as part of its ongoing strategy to improve profitability.
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NewsMorrisons reports sales drop
Morrisons reported a 2% drop in like-for-likes sales for its financial year (excluding VAT and fuel), although positive Q4 figures showed signs of recovery.
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NewsInnovation is the key to success, says new report
A new bakery and pastry report from Catalyst Corporate Finance has found that the fastest-growing brands specialise in healthier baked goods using high-quality ingredients.
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NewsFood sales return to growth despite supermarket price war
The grocery sector reported a 0.5% rise in sales in the four weeks to 28 February, after months of little or no growth, according to Kantar Worldpanel.
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NewsCaffè Nero roasted for tax avoidance
High street coffee chain Caffè Nero has come under widespread media criticism for paying no corporation tax in the last financial year, despite posting a profit of almost £23.6m.
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NewsBurton’s Biscuits closes in on Fox’s deal
Burton’s Biscuits is reported to be closing in on a £330m deal to purchase rival brand, Fox’s.
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Product NewsPrice of gluten-free bread and croissants rises
Mysupermarket.com has analysed the prices of various baked goods over the last year, with many items found to be cheaper, but a few significantly more expensive.
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NewsPerthshire pie-maker ceases trading
The Wee Pie Company has unexpectedly ceased trading, just months after securing a £150,000 contract to supply Aldi.