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Finance

Independent bakers missing out on Bake Off opportunity

High street bakery outlets are failing to cash in on a surge in consumption of sweet-tasting bakery and dessert products, in a trend driven by The Great British Bake Off.

Brains gains £85m to expand Coffee#1 chain

Drinks and hospitality firm Brains has been given an £85m funding packing to help accelerate the roll-out of its coffee chain business Coffee#1.

Edme appoints new sales director

The malted ingredients producer Edme has announced that Michael Carr is to be its new sales director. 

Caffè Nero acquires London sites

Caffè Nero, the high-street coffee chain, has acquired three London sites from struggling café business Harris + Hoole.

Aryzta enjoys Q1 revenue growth

Aryzta, the Irish-Swiss bakery group, has reported a 6.1% rise in revenue to €995m (£701m) for the three months to 31 October.

MPs back sugar tax, but industry fights back

A group of MPs has thrown its weight behind a proposed tax on sugary drinks to battle child obesity – along with other measures.

Another record year for Patisserie Holdings

Patisserie Holdings, the company behind a host of high street chains, has delivered another “record” year after its underlying profit increased by 22% to £18.8m.

Industry reacts well to Autumn Statement

Leading industry figures have responded favourably to the Chancellor George Osborne’s Autumn Statement but raised concerns over the impact of a new Apprenticeship Levy.

Country Style buys up former bagel firm’s assets

Country Style Foods has acquired the assets of the recently collapsed Ixxy’s Bagels for an undisclosed sum.

New Britain Oils hires expert to lead foodservice expansion

New Britain Oils, the Liverpool-based sustainable palm oil producer, has appointed Iain Anderson as national account manager.

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