Finance

The doughnut effect: preserves firm benefits from bakery trend

A rise in popularity of filled bakery products such as doughnuts has sparked business growth in a Manchester-based preserves company.

Olive oil
Olive oil prices are still rising
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Olive oil prices jump 10%

Extra virgin olive oil prices are up almost 10%, with little sign of the sourcing situation improving.

Thorntons to exit Stock Exchange

Thorntons has officially requested to be delisted from the London Stock Exchange, in anticipation of its pending takeover by Ferrero International.

Mr Kipling
Mr Kipling owner Premier Foods continues to make gains in cake sector
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Premier Foods claims cake share gains, despite slight sales fall

Mr Kipling owner Premier Foods has reported market share gains in cake and ambient desserts amid a slight decrease in sales in its last quarter. 

Harris + Hoole founders exit the business

The Harris + Hoole (H+H) founding trio are stepping back from the Tesco-backed coffee chain.

Phat Pasty Co sees sales jump 22%

Pasty concept Phat Pasty has seen sales surge thanks in part to a big increase in the number of universities selling its products and using its branded counters and point-of-sale material.

Mike McDonough will leave in August
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Finance director departs Real Good Food

Real Good Food’s (RGF) finance director has left the company following a reshuffle of operations, after it sold Napier Brown Sugar.

SSP enjoys LFL sales increase

Travel food giant SSP Group has seen like-for-like sales up 3.2% thanks to passenger growth in the air sector.

Financial distress worsens for food suppliers

The number of UK food suppliers experiencing significant financial distress has increased by 54% in the past 12 months as the supermarkets slash prices and delay payments, according to business recovery specialist Begbies Traynor.

Tromp predicts bright future as turnover leaps 10%

The Tromp Group has seen a jump in turnover of around 10% in the year since it joined the Markel Food Group in August last year.

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