Finance

Does foodservice decline herald a new recession?

A drop in the foodservice market could be a sign of a new recession, analysts have warned.

Palethorpes Bakery opens £1.3m distribution centre

Chilled savoury pastry supplier Palethorpes Bakery has created 100 jobs with the opening of a £1.3m distribution centre at its site in Market Drayton, Shropshire.

Yorkshire bakery raises £12k via crowdfunding

Malton-based Zuzu’s Bakery is set to expand its operations after raising more than £12,000 via a crowdfunding campaign.

Can apple by-product cut sugar and sat fat in cakes?

A Welsh consortium has secured £350,000 in funding for research into using an apple by-product to reduce levels of sugar and saturated fat in items such as cakes.

Real Good Food aims to raise extra £1m funding

Renshaw and Haydens owner Real Good Food is hoping to raise £1m of extra working capital with an open share offer.

William Jackson sells Aunt Bessie’s to Nomad Foods

Jacksons Bakery owner William Jackson Food Group has sold its Aunt Bessie’s brand to Nomad Foods.

Price of supermarket loaf up 8.5% in past two years

The average price of a large loaf of wrapped bread in Britain’s supermarkets has risen from 94p in 2016 to £1.02 today.

Cakes exports decline in first quarter of 2018

Cake exports have fallen more than 6% year on year, in contrast to a 5.5% increase in total sales of UK food and drink overseas.

Suppliers target south-east Asia export opportunities

Ten food and drink manufacturers including crackers and biscuits supplier Rakusen’s have taken part in a trade mission to Singapore.

Food industry unveils manifesto for Brexit success

The Federation of Bakers (FOB) and National Association of British and Irish Flour Millers are among more than 100 food industry organisations that have united to present key Brexit objectives for government.

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