Finance

Allied Bakeries recovering losses, reports ABF

Allied Bakeries has made “some progress” in reducing its previously announced losses, according to its parent company.

Finsbury UK sales up as overseas business dips

Finsbury Food Group has said it is maintaining its focus on offsetting cost increases after reporting a 2.5% rise in revenue in the last six months of 2017.

Nomad Foods to acquire Goodfella’s Pizza

Nomad Foods is to buy Goodfellas pizza supplier Green Isle Foods from 2 Sisters Food Group.

Premier Foods Q3: Cadbury and Mr Kipling sales decline

Premier Foods’ Mr Kipling and Cadbury cake sales have fallen in the past three months – although the business has reported strong growth in its own-label cake business.

How was 2017 for Britain’s bakery industry?

British Baker wants you to say what the past 12 months have meant for the retail bakery market.

Coffee shop market up 7.3% despite Brexit pressures

More than 1,200 coffee shops were opened in the UK in the past year, according to a new study.

Margin pressure continues to push up bread prices

The average price of a large loaf of wrapped bread has risen 6p in the past year as rising costs put pressure on Britain’s bakers.

Paul UK raises over £13k for food charity campaign

Paul UK has raised £13,280 for The Felix Project’s ‘Help a Hungry Child’ campaign from sales of its breads.

Kluman & Balter acquired by distributor Brenntag

Bakery ingredients suppliers Kluman & Balter and A1 Cake Mixes Limited have been acquired by global chemical distribution giant Brenntag.

RGF secures new funding after making £6.7m loss

Haydens and Renshaw owner Real Good Food has secured further funding after announcing a loss of almost £7m in the first half of 2017.

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