All Finance articles – Page 85
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Product News
UK coffee shops to exceed 20,500 by 2018
The UK coffee shop market will exceed 20,500 outlets by 2018, according to latest reports.
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News
Cargill to double chocolate factory capacity
Cargill’s cocoa and chocolate business is to double capacity at its Belgian chocolate production facility, following a €35m (£29.55m) investment.
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NewsSubway gains motorway presence with Welcome Break
Subway has partnered up with Welcome Break, with its first stores opening at the motorway service operator last Friday (13 December).
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UK inflation sees four-year low of 2.1%
The UK inflation rate continued to decline during November, according to the latest figures.
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NewsPotential sale of West Cornwall Pasty Company
West Cornwall Pasty Company has appointed BDO to conduct a strategic review of the company, it has confirmed to British Baker.
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NewsGovernment to spend £1bn to support high streets
Communities Secretary Eric Pickles has set a £1bn package of support for the UK’s high streets.
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Product News
Chancellor to cap business rates
Chancellor George Osborne will aim to boost the high street and firms by capping increases in business rates, it has been reported.
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NewsTesco sees 1.5% fall in sales
Tesco has reported a 1.5% decrease in like-for-like sales, according to the latest figures.
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News
Aryzta sees significant growth in European arm
Swiss-based manufacturer Aryzta has seen revenues increase 17.6%, to €377.6m (£315.30m), in its Food Europe business, for the 13 weeks to 31 October 2013.
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NewsBurton’s Biscuit Company sold
Burton’s Biscuit Company has been sold to a Canadian pension scheme for a sum believed to be in the region of £350m.
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News
Sainsbury’s moves into second position
Sainsbury’s is now the second-largest supermarket in the UK in terms of sales, overtaking Asda, after boosting sales by 4.4% for the 28 weeks to 28 September 2013.
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News
UK inflation falls to 2.2% in October
UK inflation fell to 2.2% in October from 2.7%, according to official figures.
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News
Carr’s Milling reports large profits
Carr’s Milling Industries has reported a 21.5% increase in profit before tax, according to latest figures.
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News
Tate & Lyle announces 6% fall in pre-tax profit
Tate & Lyle has reported a 6% fall in profit before tax for the first half of the year, according to the latest figures.
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NewsPremier Foods confirms Hovis investment plan
Premier Foods – the parent company of Hovis – has confirmed this morning that it has appointed a company to look at options for investment into the bread brand.
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News
Mark & Spencer food sales buoy half-year results
Marks & Spencer saw food sales increase by 5.3% in the 26 weeks to 28 September 2013.
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News
Allied Bakeries makes “significant progress”
Associated British Food, the conglomerate behind Allied Bakeries, said yesterday its bread division had made “significant progress” in the past year – thanks to volume growth and reducing costs.
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NewsBread sales continue to fall at Premier
Sales in Premier Foods’ Bread business are down 1.5% year-on-year, for the three months to 30 September 2013.
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NewsUnited Biscuits strikes Saudi deal
United Biscuits (UB) has announced it is to purchase all the assets of the Rana Confectionery Products business in the Kingdom of Saudi Arabia.
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NewsAMT Coffee reports 5.3% rise in LFL
Transport coffeeshop operator AMT Coffee has reported a 5.3% rise in like-for-like (LFLs) sales.