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Finance

LPQ bemoans rents rise

Le Pain Quotidien has become the second major bakery chain to say that the cost of rents is a major downside of running a business in central London.

Full steam ahead for EAT

Sandwich and coffee chain EAT has announced plans to tackle the burgeoning train station and airport market as part of its expansion plans.

United Biscuits suffers profit tumble

United Biscuits (UB) has seen pre-tax operating profits fall 47.5% to £54.7 million in the year to 3 January 2015, according to newly filed Companies House accounts.

Tate & Lyle trading and outlook unchanged

Ingredients supplier Tate & Lyle said its trading performance in its first half had been “in line with our expectations” and its outlook for the year was “unchanged”.

Speciality Breads to open new £3m bakery

Speciality Breads, the Margate-based wholesale bakery, is to open a new £3m bakery as it revealed it is seeing 30% year-on-year growth and is nearing a £6m turnover.

Tesco records drop in UK like-for-like sales

Supermarket giant Tesco saw its operating profit fall by nearly 55% to £354m in its first half, it revealed this morning.

Greggs reports Q3 LFL sales rise of nearly 5%

Greggs, the high street bakery retailer, said it planned to “deliver good growth for the year” – as it announced third-quarter like-for-like sales (LFLs) of 4.9%.

Staff turnover hits industry hard

Up to 17% of manufacturing and 24% of front-of-house staff leave their jobs every year, a new survey has claimed.

Carrier bag charge comes into force

From today English shoppers will have to pay 5p for plastic carrier bags at the checkout.

Supermarket white loaf price down nearly 5%

A loaf of supermarket white bread has fallen by 4.5% in year, according to new research.

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