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Finance

Shareholder reveals why it wants Premier Foods boss out

Oasis Management Company – the largest independent investor in Mr Kipling owner Premier Foods – has accused CEO Gavin Darby of driving the business into “its current zombie-like state”.

Premier Foods boss facing pressure from shareholder

Mr Kipling and Cadbury cakes supplier Premier Foods has said one of its shareholders is to vote against the reappointment of chief executive officer Gavin Darby.

WJFG buys foodservice ingredients firm Wellocks

Jacksons Bakery owner William Jackson Food Group (WJFG) has acquired foodservice ingredients business Wellocks.

Does foodservice decline herald a new recession?

A drop in the foodservice market could be a sign of a new recession, analysts have warned.

Palethorpes Bakery opens £1.3m distribution centre

Chilled savoury pastry supplier Palethorpes Bakery has created 100 jobs with the opening of a £1.3m distribution centre at its site in Market Drayton, Shropshire.

Yorkshire bakery raises £12k via crowdfunding

Malton-based Zuzu’s Bakery is set to expand its operations after raising more than £12,000 via a crowdfunding campaign.

Can apple by-product cut sugar and sat fat in cakes?

A Welsh consortium has secured £350,000 in funding for research into using an apple by-product to reduce levels of sugar and saturated fat in items such as cakes.

Real Good Food aims to raise extra £1m funding

Renshaw and Haydens owner Real Good Food is hoping to raise £1m of extra working capital with an open share offer.

William Jackson sells Aunt Bessie’s to Nomad Foods

Jacksons Bakery owner William Jackson Food Group has sold its Aunt Bessie’s brand to Nomad Foods.

Price of supermarket loaf up 8.5% in past two years

The average price of a large loaf of wrapped bread in Britain’s supermarkets has risen from 94p in 2016 to £1.02 today.

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