All Latest News articles – Page 542
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News
Tax payment delay scheme embraced by firms
HM Revenue and Customs’ (HMRC) recently launched Business Payment Support Service (BPSS) has already enabled 25,000 businesses to delay paying more than £429m worth of tax, according to the government. The service, launched in November 2008, gives businesses the opportunity to pay all their HMRC taxes, including PAYE, National Insurance Contributions and VAT, through timetables they can afford. It was set up to help those in business or who are self-employed, and who are experiencing temporary financial problems.
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Chocolate supplier Barry Callebaut expands in Mexico
Chocolate and cocoa product manufacturer Barry Callebaut has opened a new chocolate factory in Mexico, strengthening its position in the North American chocolate market. The factory, based in Monterrey, will enable an annual production of around 100,000 tonnes and will act as a gateway between the company’s Central and South American markets. It will be Callebaut’s third largest production facility worldwide and cost approximately USD40 million.
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Premier Foods recieves offer for its French bakery business
Premier Foods has announced it has received a “firm offer” of Euro50m (£45.1m) for its Martine Spécialités business, the remaining part of its Speciality Baking Group in France. The offer comes from private equity backed, Financiere Martine SAS, a company controlled by Cerea Capital FCPR, for a cash-free and debt-free consideration of Euro50m. Cerea Capital is a Euro130m Private Equity Fund dedicated to buy-outs and transmissions in food and beverage related sectors.
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Ian Dobbie takes MD job at Délifrance
Ian Dobbie has resigned from his position as managing director at British Bakels, after he was offered and has accepted the role of managing director at Délifrance UK. The management team at British Bakels said “the company is sorry to lose Ian, but recognises the opportunity presented by the new company and fully understands his decision to take it”.
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Columnist Tony Phillips has passed away
British Baker columnist Tony Phillips passed away on Saturday 17 January, as the result of a brain tumour. He was a very popular columnist for British Baker for many years. He held the position of president of The National Association of Master Bakers (2004/05). He was also the first Englishman ever to be invited to become president of Retail Confectioners International, the confectionery association of North America.
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Finsbury Foods sees group revenue up
Finsbury Food Group has seen group revenue rise by 12%, according to its latest trading update. However, it still predicts operating margins will be 1-2% lower than last year. Within its largest division, the bakery manufacturer has seen cake sales increase by 4% in absolute terms, but like-for-like growth has been “flat”. According to the statement released: “Growth in this part of the business has been impacted by a reduction in sales of seasonal products in our range.”
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Finsbury Foods sees group revenue up
Finsbury Food Group has seen group revenue rise by 12%, according to its latest trading update. However, it still predicts operating margins will be 1-2% lower than last year. Within its largest division, the bakery manufacturer has seen cake sales increase by 4% in absolute terms, but like-for-like growth has been “flat”. According to the statement released: “Growth in this part of the business has been impacted by a reduction in sales of seasonal products in our range.”
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Abim pledges £10k for National Skills Academy
The Association of Bakery Ingre-dient Manufacturers (abim) is to pledge £10,000 to support the pilot of the National Skills Academy for bakery in 2009.The Academy is developing industry-wide training courses of baking skills.Abim chairman Andy Pollard, of Cereform, told British Baker: "We want to support the One Voice initiative, begun ...
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Get involved in National Doughnut Week 2009
The sponsor of National Doughnut Week, BakeMark, is encouraging all bakers to get involved and help raise money for The Children’s Trust.The next fundraising week will take place from 9-16 May, 2009, and will be the 25th anniversary of the initiative, which raises money for specific care, education and therapy ...
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UBUK updates for 2009
United Biscuits (UBUK) is making several changes to its product range. The go ahead! brand is to be relaunched in 2009, with a £3m campaign aimed at capitalising on the trend for healthier snacks. UBUK will also increase the prominence of the brand’s green colour scheme and plans to use ...
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Greggs sees third year at head of Top 50 league
Greggs has topped British Baker’s Top 50 Bakery Retailers’ league table for the third year running, keeping closest rival Subway at bay.The 2009 list shows Greggs opened 50 shops last year, bringing its tally to 1,403 at the end of the year, and making it the biggest bakery retailer in ...
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Organix aims for children
Food company Organix has launched a range of organic biscuits for children. The No Junk range is now available in Sainsbury’s and Waitrose, after initially launching in September 2008 in Morrisons and through the Ocado website.The range includes: No Junk Organic Gingerbread Gang, Organic Orange Cookie Bites and Organic Cocoa ...
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BB links with NAMB for Bakers’ Review pages
From 30 January, British Baker will be publishing Bakers’ Review in partnership with the National Association of Master Bakers (NAMB).Bakers’ Review will feature once a month within the pages of British Baker, covering the latest industry, legislation and regulation news, as well as general advice on issues affecting craft ...
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Ronde des Pains targets UK bakers
French flour company Moul-Bie is planning a major increase in the number of craft bakeries taking part in its Ronde des Pains marketing and merchandising scheme in the UK.The company, part of French miller Grands Moulins de Paris, hopes to raise membership of the scheme in the UK from ...
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Research reveals missed opportunity for bakers
Latest figures for bread, cakes, cookies and morning goods sold through high street bakeries paint a mixed picture of people visiting bakery shops more frequently and buying more products, but spending less.The research showed that, in the 12 weeks leading up to the pre-Christmas December spike, people visited bakeries ...
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Morrisons to offer ’significantly more jobs in bakery’
Morrisons is to expand its workforce by 5,000 in 2009, including new recruits in bakery.The additions form part of the supermarket’s continuing store space expansion plans. In December, the retailer announced that it will acquire 38 Co-operative Food and former Somerfield stores, increasing the number of its smaller-format shops.Around 4,000 ...
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RGFC blends Renshaw business with Napier
The Real Good Food Company’s (RGFC’s) two principal businesses Renshaw and Napier Brown Foods are to amalgamate. The London office of RGFC has already closed and consolidated in Liverpool alongside the renamed renshawnapier.Renshaw is a leading manufacturer of marzipans, fondants, ready-to-roll icings, baking chocolate and jams, while Napier supplies sugar, ...
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Nescafé broadens coffee remit
Nescafé has launched a bigger coffee offering for retailers who want to make more of their coffee sales. Go Large has been designed by Nestlé Professional to meet consumer demand for larger hot beverage sizes.A new 16fl oz cup is now available, which is 7fl oz more than a regular ...
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Cooplands extends offer into wholesale business
Bakery chain Cooplands (Doncaster) is planning to expand into wholesale for the first time, after being awarded a BRC rating. The company was recently audited against BRC issue 5 and awarded a Grade B.Previously, the firm had only manufactured products to sell in its 75-shop estate, but has worked with ...
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Consumer watch Men and children first?
As we all know, the out-of-home market has grown substantially over the last 10 years and both chains and independent outlets have enjoyed a period of high consumer "affluence". But what happens when finances get tight and the first thing to be cut is discretionary spending, such as the out-of-home ...