Finance

Caffè Nero acquires London sites

Caffè Nero, the high-street coffee chain, has acquired three London sites from struggling café business Harris + Hoole.

Aryzta enjoys Q1 revenue growth

Aryzta, the Irish-Swiss bakery group, has reported a 6.1% rise in revenue to €995m (£701m) for the three months to 31 October.

MPs back sugar tax, but industry fights back

A group of MPs has thrown its weight behind a proposed tax on sugary drinks to battle child obesity – along with other measures.

Another record year for Patisserie Holdings

Patisserie Holdings, the company behind a host of high street chains, has delivered another “record” year after its underlying profit increased by 22% to £18.8m.

Industry reacts well to Autumn Statement

Leading industry figures have responded favourably to the Chancellor George Osborne’s Autumn Statement but raised concerns over the impact of a new Apprenticeship Levy.

Country Style buys up former bagel firm’s assets

Country Style Foods has acquired the assets of the recently collapsed Ixxy’s Bagels for an undisclosed sum.

Iain Anderson, new national account manager at New Britain Oils
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New Britain Oils hires expert to lead foodservice expansion

New Britain Oils, the Liverpool-based sustainable palm oil producer, has appointed Iain Anderson as national account manager.

Hovis considers more cuts to combat an expected fall in demand
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Hovis threatens to cut more Wigan jobs

Hovis workers in Wigan have been hit with fresh woes after it was announced cut-backs were putting 111 jobs at risk.

SSP reports 3.7% LFL growth

SSP, the travel location food and drink brand operator, has reported a like-for-like (LFL) sales increase of 3.7% for the year ended 30 September 2015.

Finsbury celebrates 78.1% revenue increase

Finsbury Foods, the retail and foodservice bakery group, has reported UK bakery revenue growth of 8.7% for the first four months of its financial year.

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