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Finance

Tesco cut trading profit

Tesco have cut its trading profit from £2.8bn to £2.4bn, following what it is calling ‘challenging trading conditions.’

United Biscuits
United Biscuits rumoured for stock market flotation

McVitie’s brand owner United Biscuits is expected to float on the stock market this autumn with a value of £1.5bn.

Pork Farms acquires Kerry Foods’ pastry assets

Pork Farms has acquired the chilled savoury pastry assets of Kerry Foods.

Bakkavör posts revenue climb of 1.3%

Food manufacturer Bakkavör has reported its revenues were up 1.3% to £434.2m in the 13 weeks to 28 June.

Poll: Does GBBO help or hinder your business?

The next episode of The Great British Bake Off airs tonight and, with it, a whole new set of challenges, this week all revolving around biscuit-making.

Chocolatier sold by private equity owners

Premium chocolatier House of Dorchester has been acquired by confectioner Charbonnel et Walker.

SSP to link with celebrity chef for airport bakery concept

SSP Group, worldwide operator of outlets in travel locations, has revealed plans for a new bakery concept with UK chef James Martin, as part of a £135m contract.

United Biscuits bid speculation

Kellogg Company has declined to comment on speculation regarding a £2bn bid for United Biscuits (UB).

China’s bakery market on the rise

A new report has predicted the Chinese bakery and cereals market will become the second most valuable market by 2018.

Great British Bake Off returns amid drop in home baking

The Great British Bake Off hits TV screens tonight for a fifth series, but a new report has suggested the number of Brits who are baking at home is falling.

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