Finance

David Potts: the new chief executive of Morrisons
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Morrisons appoints new chief executive

David Potts, the former boss of Tesco in Ireland and Asia, has been appointed as the new chief executive of Morrisons.

Kingsmill
ABF: competitive bakery market
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ABF warns of lower profit for Kingsmill, amid competitive market

Associated British Foods (ABF) has said the UK bakery market “remains intensely competitive” and expects Kingsmill owner Allied Bakeries’ profit to be lower than last year as a result. 

Brighton bakery opens sites and expands wholesale

The Flour Pot Bakery in Brighton is to open two more sites, as it also secures its first London customers for wholesale.

Tesco chairman
Tesco appoints John Allan as chairman
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Tesco names new chairman

Tesco has appointed John Allan as chairman following Robert Broadbent’s decision to step down in October last year. 

Bakkavör reports 4% growth in LFL revenues

Bakkavör, a leading fresh food, pizzas and desserts producer, has seen full-year like-for-like revenues up 4% to £1.72bn for 2014.

PM makes pledge on business loans

Prime Minister David Cameron has pledged to guarantee business loans by private lenders, if he wins the general election in May.

Supermarkets
Grocery market picks up
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Grocery market picks up pace

The grocery market is growing at its fastest rate since June last year at 1.1%. 

Cooplands’ shop closures revealed

Details of the closing Cooplands of Doncaster shops have been released, after the bakery went into pre-pack administration last week.

Tate & Lyle issues new profit warning

Tate & Lyle, the international food ingredients, supplier has issued its third profit warning in a year.

Cooplands of Doncaster head office
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Cooplands undergoes pre-pack administration

Cooplands of Doncaster has undergone a pre-pack administration with the loss of 300 jobs.

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