Finance

Two Magpies Bakery sales expected to soar to £2.5m

Sales at Suffolk-based Two Magpies Bakery have soared following the opening of two more sites over the past year.

Bakery tech start-up CatsAI begins nationwide roll-out

Technology start-up CatsAI is to begin a nationwide roll-out following a pilot which saw it use artificial intelligence (AI) to reduce bakery surplus.

Heidi Bakery acquires two Caracoli coffee shop sites

Heidi Bakery is to extend the reach of its products following the acquisition of the Caracoli coffee shop chain.

Minimum salary thresholds for migrants to be reviewed

Post-Brexit immigration plans that sparked fears of a further shortage of low-skilled staff are to be reviewed following intervention by home secretary Sajid Javid.

Five arrests made over Patisserie Holdings collapse

Five people have been arrested and interviewed by the Serious Fraud Office following the collapse of Patisserie Holdings.

Bakeries record strongest growth in QSR market

Bakeries have been a star performer in the quick-serve restaurant (QSR) market in the past year.

Food Innovations acquired by private equity firm

Cake craft supplier Food Innovations Baking Group has been acquired by global investment firm Ardenton.

Allied Bakeries set to axe production at Cardiff site

Allied Bakeries is set to end bakery production at its Cardiff site following the loss of its largest own-label bread contract.

Bakery bolsters Tesco sales as overall growth slows

A strong performance in bakery has bolstered slowing sales growth at Tesco, according to its latest trading update.

Higgidy founder Camilla Stephens
  (Photo: Higgidy )

Samworth Brothers buys minority stake in Higgidy

Ginsters’ owner Samworth Brothers has acquired a minority stake in pie company Higgidy – a move that Higgidy said would accelerate its growth.

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