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Finance

UK coffee shops outperform retail

The UK coffee shop market is outperforming the UK retail sector, with significant sales growth of 10.7% on last year equating to £7.2 bn in turnover.

Premier Foods criticised over controversial supplier payments

Premier Foods, the company behind Mr Kipling cakes, has hit the headlines for asking suppliers to hand over money – or risk losing contracts.

Tesco-backed café sees financial loss

Coffee chain Harris + Hoole has made a pre-tax loss of £12.8m in its year-end results.

Aryzta reports European revenue rise for first quarter

Aryzta, the Swiss frozen bakery giant, has seen revenue up 7% for Food Europe to £320.1m (404.1m), in its first-quarter trading statement.

Three of Cheshunt Eight leave Tesco

Three of the suspended Tesco executives have reportedly left the company.

Finsbury Food Grouop
Finsbury bosses to benefit from share issue

The chief executive and finance director of Finsbury Food Group have been issued shares to the value of more than £146,000. 

NBPO see sales soar while take over plans are stalled

New British Palm Oil (NBPO) has seen sales for the first nine months of 2014 rocket to £320.7m ($503m) from £274.9m in the previous year.

United Biscuits
UB and Cargill strike deal on chocolate

United Biscuits (UB), the international manufacturer of biscuits, has signed a three-year partnership with a fellow international producer to focus on its sweet biscuits. 

Sales up 4% at SSP

SSP, the global giant behind travel brands such as Upper Crust and Caffè Ritazza, has seen revenue increase by 4% - helped by a strong performance in the UK.

Patisserie Holdings reveals big jump in revenue

Patisserie Holdings has reported this morning that revenue is up 27.5% to £76.6m while its main trading café brand Patisserie Valerie is up 20%. 

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