Finance

Brace’s Bakery sees £1.2m pre-tax profit

Welsh bakery Brace’s has reported pre-tax profits of £1.2m for the year ended 30 September 2013.

UK economy grows 0.7% in Q4

The UK economy grew by 0.7% in the final quarter of the year, according to the latest results.

Whitbread chairman to step down

Whitbread plc, owner of Costa Coffee, has announced that Anthony Habgood will step down as chairman later this year.

Acquisition drives growth at Barry Callebaut

Sales volumes at Barry Callebaut have increased by 19.5%, following the acquisition of the Cocoa Ingredients Division of Singapore-based Petra Foods last summer.

Exclusive: management changes at Macphie

Bakery ingredients manufacturer Macphie has announced a management restructure, with current chief executive Alastair Macphie moving to the role of executive chairman.

Aldi and Lidl show continued sales growth

Aldi and Lidl continue to show strong sales growth, according to the latest results.

UK inflation hits 2% target

The UK inflation rate fell to 2% in December, from 2.1% the previous month.

Carr’s Milling sees net debt increase

Carr’s Milling Industries net debt has risen by £6.1m, according to latest reports.

SSP denies advisor appointment

British food outlet operator Select Service Partner (SSP) has denied the appointment of advisors for initial public offering (IPO).

Tesco sees 2.4% decline in LFL sales

Tesco has reported a 2.4% decline in like-for-like (LFL) sales during the Christmas period, according to latest results.

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