Finance

The Great White loaf:
A white bread with the same amount of fibre as a wholemeal loaf.
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Allied Bakeries forecast for profit increase

Associated British Foods plc (ABF) has said sales and profits will be up this year at Allied Bakeries, following the launch of its Kingsmill Great White loaf.

Food inflation at record low

Inflation on food hit its lowest-ever recorded level in August, at 0.3%.

Cargill to buy ADM's chocolate business

Cargill is to buy the international chocolate business of Archer Daniels Midland (ADM) for $440m (£226.4m), which will include its Liverpool chocolate plant. 

Tesco share price hits 11 year low

Tesco’s share price has continued to fall following its latest warning of the supermarket’s worsening trading performance.

Tesco cut trading profit

Tesco have cut its trading profit from £2.8bn to £2.4bn, following what it is calling ‘challenging trading conditions.’

United Biscuits
United Biscuits: set for stock market flotation this autumn
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United Biscuits rumoured for stock market flotation

McVitie’s brand owner United Biscuits is expected to float on the stock market this autumn with a value of £1.5bn.

Pork Farms acquires Kerry Foods’ pastry assets

Pork Farms has acquired the chilled savoury pastry assets of Kerry Foods.

Bakkavör posts revenue climb of 1.3%

Food manufacturer Bakkavör has reported its revenues were up 1.3% to £434.2m in the 13 weeks to 28 June.

Poll: Does GBBO help or hinder your business?

The next episode of The Great British Bake Off airs tonight and, with it, a whole new set of challenges, this week all revolving around biscuit-making.

Chocolatier sold by private equity owners

Premium chocolatier House of Dorchester has been acquired by confectioner Charbonnel et Walker.

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