Canada Bread Company, the parent company of the UK’s biggest bagel supplier Maple Leaf, is continuing its investigation into allegations that an employee at its UK bakery operations, Maple Leaf Bakery, may have sought to influence the pricing of a competitor, Mr Bagel.

These allegations have led to the suspension of the employee, while an investigation is carried out with the support of external legal counsel.

Lynda Kuhn, senior vice president, communications and consumer affairs at Canada Bread told British Baker: "The investigation is continuing and there is nothing further to update at this time. We certainly see these as serious allegations and we’re treating them as such. We’re proceeding very quickly to understand the facts and would like to resolve the issue as soon as possible."