All Finance articles – Page 85
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NewsMorrisons appoints new chief executive
David Potts, the former boss of Tesco in Ireland and Asia, has been appointed as the new chief executive of Morrisons.
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NewsABF warns of lower profit for Kingsmill, amid competitive market
Associated British Foods (ABF) has said the UK bakery market “remains intensely competitive” and expects Kingsmill owner Allied Bakeries’ profit to be lower than last year as a result.
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NewsBrighton bakery opens sites and expands wholesale
The Flour Pot Bakery in Brighton is to open two more sites, as it also secures its first London customers for wholesale.
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NewsTesco names new chairman
Tesco has appointed John Allan as chairman following Robert Broadbent’s decision to step down in October last year.
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NewsBakkavör reports 4% growth in LFL revenues
Bakkavör, a leading fresh food, pizzas and desserts producer, has seen full-year like-for-like revenues up 4% to £1.72bn for 2014.
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NewsPM makes pledge on business loans
Prime Minister David Cameron has pledged to guarantee business loans by private lenders, if he wins the general election in May.
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NewsGrocery market picks up pace
The grocery market is growing at its fastest rate since June last year at 1.1%.
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NewsCooplands’ shop closures revealed
Details of the closing Cooplands of Doncaster shops have been released, after the bakery went into pre-pack administration last week.
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Product News
Tate & Lyle issues new profit warning
Tate & Lyle, the international food ingredients, supplier has issued its third profit warning in a year.
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NewsTesco back in eye of storm as GCA investigates
Tesco faces more scrutiny as an investigation is initiated into its relations with suppliers.
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NewsCooplands undergoes pre-pack administration
Cooplands of Doncaster has undergone a pre-pack administration with the loss of 300 jobs.
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NewsFood deflation hits new high
Food prices slumped by 0.5% in January - the steepest decline since records began in December 2006.
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Product NewsPM’s diet sees pasties ditched alongside bread
The Prime Minister David Cameron has given up the Cornish Pasty, just weeks after he announced his decision to stop eating bread.
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NewsJobs at risk at Cooplands
Cooplands of Doncaster has warned staff that jobs are now at risk, as it enters a consultation period with a restructuring company.
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NewsGreencore sees Q1 LFL sales boost
Greencore group, one of the UK’s biggest sandwich producers, has delivered a 4.4% total like-for-like (LFL) sales bump in its first quarter.
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NewsPremier Foods praises Mr Kipling performance in final quarter
Premier Foods has highlighted power brand Mr Kipling as its ‘stand-out performer’ in its latest trading results for the quarter to 31 December 2014.
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NewsPasty firm to revamp retail chain
Cornish pasty maker Warrens Bakery is to rebrand and expand retail shops, after receiving £1.6m in funding.
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NewsVandemoortele buys Italian bakery products firm
European frozen bakery producer Vandemoortele has acquired Lanterna-Agritech (LAG), a producer of frozen focaccia and bread in Italy.
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NewsReal Good Food buys up cake decoration firm
Real Good Food (RGF) has acquired a specialist supplier of cake decorating products for £4m.
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NewsThorntons stays upbeat despite fall in sales
Thorntons has seen total sales plummet 10.3% in its commercial division to £41.9m.