Finance

SSP reports third-quarter rise

SSP Group, the travel locations food and drink operator, which operates brands such as Upper Crust and Ritazza, has seen a rise of 4.8% in total group revenues for the third quarter ended 30 June 2016 on a constant currency basis.

Ministry of Cake owner nominated for CEO award

Chris Ormrod, managing director of Taunton-based Ministry of Cake, has been announced as winner of the CEO of the Year award for the south west in the Management Team Awards 2016, organised by the British Private Equity and Venture Capital Association (BVCA).

Artisan bakery to take centre stage at UK’s small business campaign

An award-winning Fulham-based micro bakery, Ma Baker, is to take centre stage at the launch of the UK’s 2016 Small Business Saturday campaign on 3 December.

Finsbury Food Group reports near 25% sales jump

Leading UK speciality bakery manufacturer Finsbury Food Group has reported a rise in sales revenue of 24.8% to £319.7m for the full financial year ended 2 July.

Job losses at Allied

Allied Bakeries, the company behind Kingsmill, Allinson and Burgen, plans to shut a distribution centre in Flintshire, which will put 53 jobs at risk.

Biscuits Bouvard acquires Pidy

Pidy, the Belgian pastry products business, has been acquired by French operator Biscuits Bouvard Group. 

FDF appeals to May over Brexit

The Food and Drink Federation (FDF) has outlined the industry’s key priorities in the Brexit negotiations in an open letter to incoming prime minister Theresa May.

Action on Sugar slams government obesity report

A leaked copy of David Cameron’s Childhood Obesity Strategy has prompted campaign group Action on Sugar (AoS) to call for its revision.

Holland’s Pies launches rugby promotion

Pie manufacturer Holland’s Pies has teamed up with AB World Foods to launch a new on-pack promotion to celebrate the success of its Guinness range.

Gluten-free bakery opens new branch

Gluten-free bakery Beyond Bread has expanded into a second branch that will be located in Islington, London.

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