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Finance

M&S food sales up 4% in Q4

In its fourth-quarter trading update issued today (7 April), Marks & Spencer (M&S) has reported that food sales were up 4%, in contrast to its “unsatisfactory” clothing and home division.

Callebaut issues ‘solid’ half-year results

Chocolate and cocoa manufacturer The Barry Callebaut Group is buoyant, despite the impact of a strong Swiss franc and a weak cocoa products market, leading to a slump in net profits.

Premier holds talks with McCormick

Premier Foods has revealed it has had “detailed” and “constructive” discussions with takeover suitor McCormick.

Bakery market suffers as snacking falls

The war on sugar is starting to have an impact, with people turning their backs on sweet baked goods and pastry products because of health concerns, according to new figures.

Bakers advised to secure dairy supplies

Bakers have been warned to lock in their dairy commodity prices, which are at a 10-year low.

Carr’s Water Biscuit production restarts at flood-hit factory

Carr’s Water Biscuit production has resumed at United Biscuits’ (UB) Carlisle factory for the first time since it was flooded last December.

Grocery prices drop for 4th consecutive month

The cost of groceries has dropped for the fourth month in a row, according to mySupermarket.co.uk. 

United Biscuits identifies £500m growth opportunity in biscuits

United Biscuits (UB) has identified £500m of growth opportunity in the UK biscuit market as part of its first Biscuit Review.

Premier rejects third takeover bid

Premier Foods has rejected a fresh offer from US spice brand McCormick, which valued the company at 65p per share.

McCormick issues third offer for Premier

US spice brand McCormick has upped its offer on Premier Foods to 65p a share.

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