Finance

New legislation could trigger a flood of cheap sugar
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Liberalised sugar market could lead to a flood of cheap imports

Europe could be flooded by cheap sugar because of plans to liberalise the sugar market, according to a new study.

M&S has posted nearly static LFL food sales
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M&S sees static LFL food sales

High street retail chain Marks & Spencer (M&S) has recorded virtually static like-for-like (LFL) food sales figures, with just 0.2% growth in the 26 weeks ending 26 September.

Barry Callebaut posts profit dip, warns on year ahead

Global chocolate producer Barry Callebaut has warned about a “challenging” year ahead – after it saw its net profit decline by 5.9% to CHF240 million (£157m).

Outgoing chief executive of Samworth Brothers, Lindsey Pownall
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New CEO at Samworth Brothers

Lindsey Pownall, the chief executive of Samworth Brothers, has reportedly decided to step down from the top job at the food group.

ABF profits and revenues hit by commodity deflation and currency woes

Revenues and profit fell at Associated British Foods – the parent company of Kingsmill – as it was hurt by commodity deflation and currency difficulties.

General Mills looks set to close Northumberland plant
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General Mills to axe Northumberland Jus-Rol plant

USA-based food group General Mills is to close its Jus-Rol pastry factory in Berwick-upon-Tweed, Northumberland.

Key consumer trends were revealed at Taste Tomorrow London
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Global study identifies key bakery trends

A global study for Belgian ingredients manufacturer Puratos has unveiled key trends in the baking, patisserie and chocolate markets.

Two century-old Sussex bakery closes

Sussex-based Forfars Bakers, which was due to celebrate its bicentenary in 2018, has gone into voluntary liquidation.

Whitworths has revamped its packaging
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Whitworths revamps packaging

Fruit and nut retailer Whitworths has redesigned its packaging to capitalise on the expanding snacking and home-baking markets.

The Bread Factory buys retail bakery

Wholesale bakery The Bread Factory has bought St Albans-based manufacturer Bread Roll for an undisclosed sum.

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