All Finance articles – Page 98
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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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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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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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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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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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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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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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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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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.
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NewsGDP grew by almost 1%
The economy grew by 0.8% in the third quarter, according to provisional GDP figures.
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NewsCosta sees over 20% profit rise
Costa Coffee, the UK’s largest coffee shop chain, this morning revealed it had seen a 20.5% rise in underlying profit to £43.5m, up from £36.1m.
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NewsWaitrose outperforms market, as Aldi takes more share
Waitrose has seen a 7.6% uplift in sales year-on-year, according to the latest data from Kantar Worldpanel, with Aldi posting another record increase in market share.
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Product NewsStarbucks appoints new MD
Starbucks Coffee UK has appointed Mark Fox as managing director.
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NewsBiscuits and cake market to rise nearly 20%
The value of the biscuits and cake market is expected to rise by 17.7% in five years, a research group has predicted.
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UK inflation remains at 2.7% in September
Inflation remained steady last month, staying at 2.7%, according to official figures.
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Product NewsCaffè Nero reports 2.8% rise in LFL sales
Coffee chain Caffè Nero has reported a 2.8% rise in like-for-like (LFL) sales in the year to 31 May.
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NewsBakery firms make Top Track 250 table
Bakery companies and retailers have made it on to The Sunday Times 250 mid-market private companies index.
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NewsUK retail affected by late summer
UK retail sales were up 0.7% on a like-for-like basis from September 2012, according to the British Retail Consortium.
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NewsGreggs “encouraged” by 0.5% LFLs dip
Greggs, the leading high street bakery chain, said this morning it was “encouraged” by improving like-for-like sales (LFLs) - however the key metric for the group remained in negative territory.
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NewsTwo Sister’s enters fray for Burton’s Biscuits
Two Sisters Food Group is reported to be bidding for rival company Burton’s Biscuits.