All Finance articles – Page 93
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News
Greggs makes two board changes
Greggs, the bakery retail chain, has appointed two new non-executive directors.
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NewsPremier Foods to meet unions over Hovis developments
The senior management of Premier Foods is to meet with union bosses to discuss Hovis workers affected by the partial sale of the bread brand.
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Krispy Kreme grows Scottish presence
Doughnut retailer, Krispy Kreme, has started an expansion drive across Scotland, after opening a factory shop in Edinburgh in February 2013.
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NewsGreggs’ profits fall in challenging market
Greggs has seen an 18.9% fall in pre-tax profit following competitive trading conditions, according to latest figures.
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News
Italy complains about “traffic light” food labelling
Italy has complained over the UK’s use of voluntary colour-coded food labels, claiming the system is discriminatory.
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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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News
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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NewsEating 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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News
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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News
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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News
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 NewsExclusive: 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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NewsAldi and Lidl show continued sales growth
Aldi and Lidl continue to show strong sales growth, according to the latest results.
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News
UK inflation hits 2% target
The UK inflation rate fell to 2% in December, from 2.1% the previous month.