Finance

Raise Bakery pays Living Wage to staff

Raise Bakery, the Worthing-based cake maker, has pledged to pay its staff the Living Wage of £8.25 per hour.

General Mills confirms Berwick closure

General Mills UK, which manufactures Jus-Rol pastry, is to close its Berwick bakery following a review of the business.

Prince Charles visiting the flooded factory
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United Biscuits restarts production at flood-hit Carlisle factory

United Biscuits (UB) has restarted production of McVitie’s Gold biscuit bars at its Carlisle factory, after the site was devastated by floods in the wake of Storm Desmond.

Good year for Irish bakery exports

Bakery exports from Ireland increased by over 35% in 2015 and are now valued at around €185 million, based on sales figures from January to September 2015. 

H1 sales up by 46% at Finsbury

Finsbury Food Group, the UK bakery group, has seen its total company sales increase by 46% to £156.6m in its first half.

Allied Bakeries reports increased sales in challenging times

Kingsmill owner Allied Bakeries achieved a substantial increase in sales volumes for the 16 weeks ending 2 January, “although pricing and margins remain challenging”.

Greggs’ trading update triggers share-price tumble

Greggs, the high street bakery chain, suffered a sharp drop in share price as it reported a slowdown in its like-for-like (LFL) sales growth.

Irwin’s ends year in the red, despite £29.6m turnover

Irwin’s bakery has reported a turnover of £29.m, but also a loss of £128,574 for the year ending 29 March 2015. 

Southern Co-op Christmas LFLs up 4.7%

Convenience store retailer The Southern Co-operative saw a like-for-like (LFL) sales increase of 4.7% across the three weeks to 3 January.

Sainsbury’s sales good despite LFL drop

Sainsbury’s suffered a 0.4% drop in like-for-like (LFL) retail sales, excluding fuel, for the 15 weeks to 9 January 2016 – despite trading well over Christmas.

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