Finance

Patisserie Holdings sell shares

Patisserie Holdings, owner of Patisserie Valerie, has raised a combined total of £15m after the directors sold 4.8 million shares.

Cake sales boost Premier, says analysts

Analysts have praised a ‘good uplift’ in the cake category at Premier Foods, while warning of potential delistings depending on actions of Tesco.

Irish ingredients firm celebrates 70 years with £750k spend

Andrew Ingredients has invested £750k in new facilities, which it will open in line with its 70 years of business celebrations.

CMA investigates Bako merger

The anticipated acquisition by Bako North Western of Bako Northern & Scotland is under investigation by the Competition and Markets Authority (CMA).

Costa Coffee
Costa Coffee enjoys another LFL sales boost
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LFLs up 5% at Costa Coffee

Costa Coffee, the Whitbread-owned high street chain, saw like-for-like sales (LFLs) grow by 5% in the 13 weeks to 28 May 2015. 

Finsbury
John Duffy believes Johnstone's will help the group diversify
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Finsbury bolts on Scottish acquisition

Bakery giant Finsbury Food Group has today announced the completion of its acquisition of Johnstone’s Just Desserts (Johnstone’s), from administrator FRP Advisory. 

The new shop will be ready to open by the end of this week
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Worthing bakery opens first shop

Raise Bakery is to open its first retail shop in Hove this week, and will sell bread for the first time.

The Kingsmill 50/50 loaf was dropped from Morrisons in March
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Morrisons drops Kingsmill 50/50 loaves

Allied Bakeries has suffered another blow to its Kingsmill brand, as British Baker can reveal Kingsmill 50/50 loaves have been dropped from Morrisons.

Sainsbury’s Q1 LFLs down

Sainsbury’s has seen like-for-like (LFL) sales down 2.1% for its first quarter, fighting what it calls “a highly competitive pricing backdrop.”

Paul UK
Paul UK at Waterloo Road
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Paul reports big jump in turnover

Artisan bakery chain Paul UK has revealed EBITDA has climbed 19.2% to £4.3m for the year ended 31 December 2014. 

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