Finance

Welsh bakery business Cake Crew to expand

Wales-based business Cake Crew is expanding to meet growing demand for its cupcakes.

Butter shortage looming, warns Arla boss

Bakers are set to face a butter shortage by the end of this year, according to comments by the boss of dairy giant Arla.

Ole & Steen bakery owner Lagkagehuset sold

Danish bakery business Lagkagehuset – owner of the Ole & Steen bakery brand – has been acquired by private equity firm Nordic Capital.

Real Good Food invests £15.5m in Renshaw and Haydens

Real Good Food is to invest £15.5m in subsidiaries Renshaw and Haydens Bakery.

Competitive wrapped bread market takes £25m toll on Warburtons

Warburtons’ turnover fell more than £25m last year as the “increasingly competitive” wrapped bread market impacted the business.

Thomas the Baker raises £10k for British Heart Foundation

Yorkshire-based Thomas the Baker has presented a cheque for £10,000 to the British Heart Foundation.

Costa sales up 8.7% as Whitbread records ‘good start’ to year

Whitbread has reported an 8.7% hike in total sales at Costa in its first-quarter results for the 13 weeks to 1 June.

Tale of two markets: Aryzta European sales rise as US business falls

Group sales at global bakery business Aryzta have remained flat despite growth in its European division.

SSP Group sales rise 8.1% to more than £1bn

Profits at Starbucks and Upper Crust travel sites operator SSP have soared by almost a quarter as sales break the £1bn mark.

Patisserie Valerie sales up 16% as store openings continue

Patisserie Valerie owner Patisserie Holdings has reported double-digit increases in revenue and profits.

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