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Finance

Liverpool bakery to boost output with £61k funding

Homebaked, a community bakery in Anfield, Liverpool, has received £61,000 in investment to fund a dedicated cookery unit and ramp up production.

David Wright to open bread and barbecue restaurant

Former Baker of the Year David Wright is set to turn his family bakery and café into all-day bread and barbecue restaurant.

Bakeries make up majority of food and drink start-ups

Bakery businesses have accounted for the greatest number of food and drink start-ups in the past six months, according to a new study.

Carrs Foods rebrands and secures £6.7m investment

Baked goods manufacturer Carrs Foods is to ramp up its international presence after securing a £6.7m investment.

Real Good Food finance chief to leave business

Real Good Food chief financial officer Harveen Rai, who helped turn around the business, is to leave at the end of this month.

No-deal tariffs plan ‘offers no advantage to industry’

Government tariff plans in the event of a no-deal Brexit have come under fire from trade bodies.

Aryzta claims it has taken first steps in turnaround

Aryzta has reported a 0.7% hike in organic revenue in the past six months – and claimed it has made its first step towards a turnaround.

Greggs’ turnover breaks £1bn barrier for first time

Full-year sales at Greggs have broken the £1bn barrier for the first time in 2018, with the business seeing a 7.2% hike in turnover.

Marks & Spencer and Ocado to launch joint venture

Marks & Spencer (M&S) products are to be available through Ocado.com from September 2020 under a new joint venture between the businesses.

Price discussions to impact Allied bread volumes

Bread volumes at Allied Bakeries are to be hit in the coming year following price discussions with customers.

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