All Latest News articles – Page 614
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News
Inter Link loss but brighter outlook
Cake company Inter Link Foods has announced it will not now meet market forecasts for the financial year ending 5 May, 2007.The supplier said it will make a loss after exceptional costs, but before goodwill amortisation.However, with internal restructuring complete and the new central distribution arrangements operating effectively, Inter ...
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Carr’s sees hit to profits
Food and agriculture group Carr’s said last week that resistance in the UK market to a flour price increase will hit group profits this half year.The company said that, since January 2007, the UK market has resisted a flour price increase based on a massive increase in wheat prices, combined ...
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Fletchers not set for closure
In the 16 February issue of British Baker we carried a report that Vision Capital planned to close the Fletchers Bakery at Sheffield.This was incorrect and no such closure is planned. We apologise to Vision Capital and Fletchers Bakeries for this error and regret the distress and confusion that ...
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Greencore growth
Irish food and sugar producer Greencore expects its convenience foods division will drive further growth in 2007, despite recent raw material cost increases and an electrical fire at its largest sandwich facility, Manton Wood.The fire happened in December 2006, when a switchboard failed and blew out all the power, ...
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Legislation watch
"As from 29 January 2007, a dormant provision in the Health and Social Care (Community Health and Standards) Act 2003 has been activated, allowing the NHS in England and Wales to recover the costs of treating persons who have incurred any sort of injury and who have successfully sued ...
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Weight Watchers to hit small screen
Weight Watchers licensee Anthony Alan Foods has launched its first TV advertising campaign, which will cost £5m.The advert (a still of which appears below) promotes Cherry Bakewells, one of Weight Watchers’ best-selling cake lines.Marketing director Sarah Morgan said: "The advertising emphasises the combination of indulgence with a healthy option."Advertising will ...
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Bakery sales up 6.1% says IRI
Bakery sales rose 6.1% to £3,438m in 2006, above the average 3.6% growth seen in the grocery sector, according to new data from Information Resources (IRI).IRI, which tracks sales data from the major supermarkets says that bakery sales were worth £3,438m in the 52 weeks to December 30.That compares to ...
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Allied invests £40m
Allied Bakeries has revealed plans for the "UK’s biggest-ever bakery relaunch" as a £40m turnaround plan gets under way.The plant baker plans to put £14m behind a national TV advertising campaign for the relaunch of its flagship Kingsmill brand, starting on 17 February.Marketing director Jon Wilson said that following extensive ...
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Improve unveils skills academy
A £4.4m food and drink skills ’academy’, which co-ordinates existing training programmes in England, will launch in April.Food and drink sector skills council Improve has worked with employers, including Warburtons and RHM, to establish the academy, which is expected to give skills to over 28,000 people during its first four ...
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Starbucks and Costa aim for international growth
Coffee giants Starbucks and Costa Coffee have both announced plans for further overseas expansion.Starbucks, which recently opened its first stores in Brazil and Egypt, is to open its first outlets in Russia this summer. The company plans to open 10 sites in St Petersburg and Moscow in August. It will ...
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Dr Terry Sharp, head of the Baking & Cereal Processing Department, CCFRA
I like to enjoy my food, but I also I want to be sure that what I eat is ’good’ for me. Of course, no single type of food is ever going to be good or bad, it’s a question of how it fits into our overall food intake.Bread is ...
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Royal approval for pasty investment
The Duke of York visited Crantock Bakery in Cornwall last week to unveil a plaque marking the completion of a £1.1m investment in the site.The investment boosts the bakery’s capacity by 40,000 pasties to 120,000 pasties per day. It includes an extended freezing area, the creation of an extra ...
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Fletchers Bakery
In our 16th February issue of British Baker we carried a report that Vision Capital planned to close the Fletchers Bakery at Sheffield. This was incorrect and no such closure is planned. We apologise to Vision Capital and Fletchers Bakeries for this error and regret the distress and confusion that it has caused. In a statement to British Baker, Fletchers has reconfirmed that a consultation process is now underway with Trade Union representatives and employees regarding the future employment requirements of the business. The consultation underway affects up to 80 job roles. The decision to initiate the consultation has been taken on purely economic grounds, as the business has suffered both from the impact of a fire which destroyed a third of the site in July 2006 and also from a continued loss of market share and increasing cost of materials. Fletchers understands that this process is likely to cause concern for those potentially affected and their families and has thanked employees and trade unions for their efforts and continued support at this time. The company will make every effort to support those employees affected.
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Basco on a mission to find ’lost’ bread baskets
Bread baskets firm Bakers Basco plans to focus on reducing basket losses in 2007, as it rolls out an industry standard 10-loaf basket.Basco was set up by trade body the Federation of Bakers in March 2005 to manage the roll out of a standard bread basket among Tesco plant bread ...
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Briefs
n A teenage robber, who held up a bakery in Burnley with a rolling pin, before making off with a chocolate orange gateau, has been sentenced to nine months in jail by Burnley Magistrates Court. Drunken Andre Lennox (19) pulled off victim Robert McKenna’s glasses, threatened him with a rolling ...
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Coffee Republic reduces costs
London chain Coffee Republic has cut costs at its head office by 25%, after reporting that the value of its net assets had fallen below half the value of paid up share capital.At an Extraordinary General Meeting on 8 February, a statutory requirement under the Companies Act 1985 when this ...
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Commodities watch
The Salt Manufacturers’ Association (SMA) is reminding bakers of the benefits of salt, otherwise know as sodium chloride, and says that it should not simply be dismissed as unhealthy.The SMA says that as every baker knows salt enhances flavour, increases the shelf-life of baked goods and performs specific functions when ...
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Sara Lee sales rise
US bakery, drinks and household products company Sara Lee Corporation announced last week that net sales for its international bakery segment rose 5% to $199m in the second quarter ending 30 December, driven by favorable foreign currency exchange rates.But volumes in its international bakery business were flat in the quarter, ...