Finance

UB appoints new head of group supply chain
United Biscuits has announced John Titmuss as its new group supply chain director.

RGF satisfied, but warns revenue is down
Real Good Food, the bakery ingredients group, has declared itself “very satisfied” with the start of its new financial year – despite revenue being down.

Marketing director to leave Allied Bakeries
Jon Wilson, marketing director at Kingsmill owner Allied Bakeries, is to leave the business, British Baker can reveal.
Finsbury: analysing the results
Finsbury Food Group unveiled revenue and profit growth yesterday – but what were the drivers for the increases? Here British Baker analyses the performance of the bakery group in greater detail.

Finsbury shares up on preliminary results
Shares in Finsbury Food Group, the large bakery manufacturer and supplier, rose 25% yesterday after the company announced pre-tax profits had grown by 76% to £11.4m last year.

Pastry expert buys Harrogate Cake Company
Top pastry chef Charlotte Marrifield has bought the Harrogate Cake Company with funding support from the Royal Bank of Scotland for an undisclosed sum.

New Nottingham bakery reveals ambitions
Tartisan, the recently opened bakery in Nottingham, has revealed plans to grow nationally and abroad in the next five years.

Canadian coffee chain plans UK expansion
Second Cup Coffee Company, the Canadian chain, is planning to open 500 UK sites in the next 10 years.

Pork Farms Group rebrands as Addo Food Group
Pork Farms Group, the chilled food producer, has rebranded as Addo Food Group, following the acquisition of the chilled savoury pastry business Kerry Foods.

Morrisons’ rating downgraded following profit fall
Moody’s, the investors service, has downgraded its rating for Morrisons.
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