All Finance articles – Page 84
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Product News
ABF: sugar prices to hurt profits
Associated British Foods (ABF) – the company behind Kingsmill – has revealed that lowering sugar prices would impact its profits in the year ahead.
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News
Unemployment rate rises to 7.2%
The rate of unemployment has risen to 7.2%, according to the latest figures.
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Costa MD to head high street initiative
Costa Coffee’s managing director Jason Cotta will head a new initiative to revive the UK high street.
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News
Eating out sector to reach pre-recession heights
The UK’s eating out sector is forecast to grow 3% in value, to £82.5bn, over the next 12 months, despite an increasingly competitive trading environment.
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Product News
Tate & Lyle warns on profit decline
Falling artificial sweetener prices will impact Tate & Lyle profits, the company has warned.
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News
Britain has ‘too many shops’ claims LDC
As shop vacancy rates fall below 14% for the first time in four years, the Local Data Company’s (LDC) director has claimed Britain has too many shops.
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News
Grocery market growth falls to 2.4%
Aldi and Lidl dominated sales growth once again, as overall grocery market growth hit its slowest rate since 2005, new figures show.
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Brace’s Bakery sees £1.2m pre-tax profit
Welsh bakery Brace’s has reported pre-tax profits of £1.2m for the year ended 30 September 2013.
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News
UK economy grows 0.7% in Q4
The UK economy grew by 0.7% in the final quarter of the year, according to the latest results.
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Whitbread chairman to step down
Whitbread plc, owner of Costa Coffee, has announced that Anthony Habgood will step down as chairman later this year.
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Acquisition drives growth at Barry Callebaut
Sales volumes at Barry Callebaut have increased by 19.5%, following the acquisition of the Cocoa Ingredients Division of Singapore-based Petra Foods last summer.
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Product News
Exclusive: management changes at Macphie
Bakery ingredients manufacturer Macphie has announced a management restructure, with current chief executive Alastair Macphie moving to the role of executive chairman.
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Product News
Carr’s Milling sees net debt increase
Carr’s Milling Industries net debt has risen by £6.1m, according to latest reports.
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News
Aldi and Lidl show continued sales growth
Aldi and Lidl continue to show strong sales growth, according to the latest results.
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UK inflation hits 2% target
The UK inflation rate fell to 2% in December, from 2.1% the previous month.
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SSP denies advisor appointment
British food outlet operator Select Service Partner (SSP) has denied the appointment of advisors for initial public offering (IPO).
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Product News
Greggs sees 2.6% LFL increase in Q4
Greggs has seen an increase of 2.6% in Q4 like-for-like (LFL) sales following “strong demand” during the Christmas period, according to its latest trading results.
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Product News
Tesco sees 2.4% decline in LFL sales
Tesco has reported a 2.4% decline in like-for-like (LFL) sales during the Christmas period, according to latest results.
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Product News
M&S records 1.5% LFL food increase for Christmas
Marks & Spencer (M&S) has seen a 1.5% increase in like-for-like (LFL) food sales during the Christmas period, according to its latest results.
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Product News
Co-op sees positive food sales over Christmas
The Co-operative Group has seen a like-for-like (LFL) sales increase of 1% during the Christmas period following strong food sales.