All Latest News articles – Page 598
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News
Greggs’ prices rising 4.5% as costs bite
Retail baker Greggs said this week that its prices were increasing 4.5% a year on an ongoing basis as ingredients’ costs mounted.The company, the UK’s number one bakery chain with 1,353 shops, said cost pressures arising from increases in the price of flour and dairy products have been mitigated to ...
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Alex Waugh, director general of the National Association of British and Irish Millers
It has certainly been a newsworthy couple of months in wheat markets, with prices reaching record levels in September.The markets have also been characterised by volatility, especially in futures markets depending on weather reports and the activities of investment funds. We can expect more of the same in coming ...
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Allied hits back at Warburtons’ report
Allied Bakeries says its Kingsmill brand is actually growing faster than Warburtons, fiercely rebutting claims to the contrary in Warburtons recent Bakery Review 2007.Allied said figures quoted in the review that suggest that Allied’s Kingsmill brand had lost market share across the UK in the year to July 14 are ...
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Younger shoppers key to high street bakers’ future
High street bakers need to target young consumers, adapting range and approach, to ensure long-term survival, according to new independent research supplied exclusively to British Baker.Currently, retail bakers have a loyal but ageing and low-spending customer base, says the report from Management Horizons Europe, commissioned by ingredients supplier BakeMark UK.The ...
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Northern bakery sales rise
A return to sales growth for its bakery division was one of the highlights for Northern Foods as it reported a 2.6% increase in group revenue for the half-year ended 29 September. Sandwiches and salads also did well, despite slower year-on-year growth due to the unseasonably poor summer weather.Underlying revenue ...
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Bakery worker gets life for murder
A former Fine Lady Bakeries worker has been sentenced to life for the murder of a colleague who died after an argument at work.Imran Shah, 23, was stabbed 11 times at the Fine Lady bakery in Southam Road, Banbury, on 27 November last year. Two stab wounds punctured his lung ...
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Briefs
n Greencore has appointed Jonathan Hodgson as commercial director of its cakes and desserts division. The previous commercial director, Paul Rhodes was appointed as MD of Greencore Cakes & Desserts in 2006. Hodgson joins from Young’s Seafoods where he was account group director managing a team looking after the major ...
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CSR in the spotlight
Environmental concerns mean that businesses are under increasing pressure to reduce energy consumption and carbon emissions, as part of an overall Corporate Social Responsibility (CSR) package.With a variety of upward pressures on their business costs, Scotland’s Walkers Shortbread is one of many taking action to make savings on utility costs.The ...
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Export opportunities for NI
Invest Northern Ireland has pledged business development and marketing support to bakeries that explore export opportunities in confectionery goods, such as cakes, biscuits and buns.A new market report, commissioned by Invest Northern Ireland, has pinpointed opportunities for smaller bakeries in Britain and Ireland due to growing demand for indulgent, premium ...
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Warburtons extends reach in Scotland
Warburtons is expanding its Scottish operation with the creation of a new 20,000 sq ft distribution depot at Eurocentral Business Park, near Glasgow.The company, which bakes 1.7 million loaves a week in Scotland, will use the depot to add 40 new delivery routes to the 55 already serviced from its ...
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McVitie’s withdraws Irish fig rolls in packaging row
McVitie’s has been forced to change the packaging of its fig rolls for the Irish Republic after rival supplier Jacob Fruitfield (Jacob’s) argued it was a copycat of its own packaging.McVitie’s will have to stop distribution of an estimated 60,000 existing fig roll packets, although it does not have to ...
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Pudding firm unveils plans
Sausage and frozen food company Glendale Foods has announced plans for the Great British Pudding Company - the Northampton-based savoury and sweet puddings business it acquired in August.It plans to step up pudding production and diversify into the chip shop and foodservice sectors, and by trading in European ex-pat markets.Glendale ...
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Training in focus
Improve and William Reed, publisher of British Baker, are joining forces to hold a training conference on 30 October.Bakery employers, trade associations, retailers and training providers are being invited to the One Voice conference, which will include short presentations on Improve’s new National Skills Council and flexible NVQs and SVQs, ...
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Logistics giant in new hands
Logistics company Christian Salvesen is to be sold to French rival Norbert Dentressangle Group for £254.4m, ending a decade-long saga of takeover bids and restructures.Northampton-based Salvesen, which distributes for bakery companies including Manor Bakeries and Vandemoortele, has 200 sites in the UK and Europe.Norbert Dentressangle said the deal would ...
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Ingredients watch
Following British Cheese Week, which ran until last Sunday, new research suggests that when it comes to sandwich, pasty and pie fillings, British cheese may be more of a selling point than Continental varieties.According to the latest research from international market analyst Mintel, Lancashire, Cheshire and Red Leicester are preferable ...
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Honeytop sales soar by 29%
Ethnic bread manufacturer Honeytop Speciality Foods, announced last week that turnover is up by 29%, from £20.5m to £26m on the previous year.Charles Eid, joint-MD of Honeytop, said the results are the culmination of an "exciting year", which has seen new products including organic naan, keema naan and filled ...
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Warburtons workers mull strike action
Staff at Warburtons may be heading for strike action after they rejected a below-inflation wage offer and changes to their working terms and conditions.The Bakers, Food and Allied Workers Union (BFAWU) will ballot its 1,000 members between 10 and 24 October over possible industrial action at Warburtons’ 24 UK bakeries ...
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Bread prices set to rise again as flour costs climb higher
The UK’s two major millers have announced an unprecedented second round of steep price rises on flour as the global wheat price continues to soar.Rank Hovis is putting prices up by £85 a tonne for its bread-making flour from 15 October, with ADM Milling adding £84.38 a tonne on non-organic ...
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Tate & Lyle profit warning leads to share price fall
Tate & Lyle’s shares fell by over a quarter to 398.75p last week, wiping around £670m from its market capitalisation, after it announced that profits in its sugars division were "sharply lower" than in the comparative period last year.In its third profit warning this year, it said profit margins had ...