All News articles – Page 431
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NewsDouble win for Border Biscuits
Border Biscuits has scooped the top award of Business of the Year at the Scotland Food and Drink Excellence Awards 2012.
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Businesses going bust increase in double-dip recession
The number of retailers going out of business has risen by 38% in the first quarter of 2012, according to accountancy firm Wilkins Kennedy.
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News’Pastygate’ timeline highlights government u-turn
British Baker has compiled the key dates in the pasty-tax campaign over the past two months, which have shaped the government’s decision to scrap its proposal for 20% VAT to be added to all hot takeaway bakery products.
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Speciality Desserts goes French
Wellingborough-based Speciality Desserts has been sold to French manufacturer Européenne des Desserts (EDD).
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NewsGovernment performs pasty tax u-turn
The government has performed a dramatic u-turn on its tax for hot pies and pasties. The move comes after weeks of sustained campaigning by the baking industry, including British Baker’s own e-petition, a campaign by Greggs, the largest retail baker in the country, and a demonstration by the industry at Westminster which saw a petition of half a million signatures handed in at Number 10.
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NewsNominate for BIA Lifetime Achievement Award
Time is running out, so make sure you get your nominations in for the Lifetime Achievement Award, sponsored by Délifrance, by the 22 June deadline. This award is for those who have made a real difference in the industry, and are an inspiration to other bakers. Who is your baking hero? Let us know.Christopher Freeman of Dunn’s Bakery won last year’s Lifetime Achievement Award at the Baking Industry Awards and said he was ecstatic when he was presented with the accolade: “It is wonderful to be recognised by your peers and it says more than anything else when you are honoured in this way for the work you have done over the years for the industry.”
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FDF apprentice targets on track
The Food and Drink Federation (FDF) has revealed that UK food and drink manufacturers are on target to meet their pledge to double the number of apprenticeships to 3,400 by the end of 2012.
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Greggs backs food hygiene scheme
Greggs has given its backing to web-based certification SOFHTe, from The Society of Food Hygiene Technology (SOFHT).
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NewsBakers keen to support workable VAT solution
The baking industry is keen to promote its alternative 20% tax solution to the government, saying it understands the government’s desire to reduce anomalies and raise revenue.
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NewsTesco boss refuses £372,000 bonus
Tesco chief executive officer Phillip Clarke has declined his annual bonus, as UK employees share more than £110m.
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Starbucks burdened by high London rents
Starbucks UK has confirmed less profitable outlets in central London locations have contributed to its five-year run of losses.
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NewsMPs question pasty tax
A group of MPs has again questioned the decision to put 20% VAT on hot baked goods. The discussion in parliament yesterday came after the influential International Monetary Fund (IMF) called on the UK government to actually lower VAT to stimulate the economy.
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Sales up 3.7% at Krispy Kreme
Krispy Kreme, the doughnut retailer, has reported a 3.7% rise in revenues, driven by an increase in same-store sales.
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Own-label NPD beats branded
The level of own-label food and drink NPD has risen above branded for the first time, according to new research by Mintel.
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Economic boost with "tax cuts" and lowest inflation rates
Businesses could benefit from potential temporary tax cut measures and the latest levels of inflation dropping to their lowest in more than two years.
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Whitbread boss refuses pay rise
Whitbread’s chief executive Andy Harrison has turned down a 1.5% increase on his annual salary of £717,500.
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High Street footfall reaches new low
The British Retail Consortium (BRC) has reported a 12.6% decrease in the number of town centre shoppers in the three months to April – the worst drop in footfall since November 2009.
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NewsGreencore H1 revenue up almost 50%
Greencore has reported a 49.9% growth in revenue to £567.7m in its first half-year results for 2012 due to the acquisition of Uniq.
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Gongs given for sandwich success
Greencore took the top award of the night at the Sammies last week – the British Sandwich Industry Awards – for its Food to Go range.
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M&S takes profit hit
Marks & Spencer (M&S) has seen profit before tax down £122.6m on last year, despite strong like-for-like food sales.