Finance

Pukka Pies sales up but profits down

Independent pie manufacturer, Pukka Pies, has reported a “satisfactory year”, with a pre-tax profit of £4.3 million in the year to 25 May. 

UK economy expands 0.5%

The UK economy expanded by 0.5% in the final three months of last year.

SSP reports strong first quarter

SSP Group, the travel location food and drink brand operator, has reported a like-for-like (LFL) sales increase of 4.3% for its first quarter. 

Coffee Republic strikes new deal with Midcounties Co-operative

The Midcounties Co-operative has launched a new franchise partnership with coffee chain Coffee Republic.

2016 US wheat harvest expected to shrink

The US wheat crop could be the lowest since 2006, according to a report by the Agriculture & Horticulture Development Board (AHDB).

Tesco reprimanded over treatment of suppliers

Supermarket giant Tesco will be censured by the Groceries Code Adjudicator (GCA), following a year-long investigation into its payment terms.

William Jackson reports pre-tax profit of £18m

William Jackson Food Group (WJFG) has seen pre-tax profits rise to £18m for the year ending 25 April 2015, from £15.8m the year before.

Greencore reports positive Q1 revenue growth

Greencore, the convenience food manufacturer, has reported revenue growth of 7.2% to £356m for the 13 weeks to 25 December.

MSK Ingredients receives £750K funding

Online food and ingredients supplier MSK Ingredients is set to expand, following investment from Santander.

New £100M investor for Bakkavör

An American hedge fund has invested in excess of £100M in Britain’s biggest prepared fresh foods supplier.

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