Finance

From left: Steve Angle, Alex Birch of Langleys Solicitors, John Haken and Hilary Angle
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£15m MBO for biscuit and confectionery marketer

A £15m Yorkshire-based biscuit and confectionery specialist Right Angle Marketing (York) has been sold in a management buy-out (MBO) for an undisclosed seven-figure sum.

Frozen pizza and white bread buck rising grocery price trend

Frozen pizza and white bread have fallen in price despite the cost of a basket of popular supermarket items jumping by 1% in July, latest figures from mysupermarket.co.uk show.

Greggs reports 6% sales boost for H1

Leading bakery food-on-the-go retailer Greggs has seen total sales rise 6% to £422m for the 26 weeks ended 2 July 2016.

Haydens Bakery turns in positive sales despite narrower range

Renshaw Food Group has revealed a positive performance for its premium bakery division in its financial results to 31 March 2016, announced today.

Bakery items reduced by 18% in latest Morrisons move

Morrisons is slashing prices on its bakery, cakes and desserts by an average of 18% as part of the retailer’s biggest price crunches on 1,045 products.

Sugar arm disposal transforms Real Good Food’s performance

Real Good Food has reported a statutory profit before tax of £12.9m for the year ending 31 March 2016.

Taura celebrates 20th anniversary with on-track sales targets

Global ingredients company, Taura Natural Ingredients will celebrate its 20th anniversary with the news that its European sales are on target to increase by 20% this year.

Bakery creates the world’s most expensive cronut

London-based artisan bakery Dum Dum Donutterie has produced the world’s most expensive ‘cronut’ – costing £1,500.

Grocery trade escapes immediate Brexit fallout

Brexit has had little impact on grocery share figures, according to the latest data from research firm Kantar Worldpanel.

Greencore reaps benefits of food to go

Food to go has continued to drive sales for manufacturer Greencore Group’s convenience division.

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