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Finance

Tate & Lyle reports steadier trading

Global ingredients and food solutions supplier Tate & Lyle says trading performance for its first quarter has been “in line with expectations”.

Greggs bacon roll
Greggs sales boom with breakfast demand

High street bakery giant Greggs has reported “a strong first half” as consumer demand for its low-calorie and breakfast options grows. 

Supermarkets
Smaller retailers outperform slower grocery growth

British grocery sales have slowed by 0.8% in the last year, though smaller retailers have enjoyed stronger growth. 

Greencore
Convenience sales boost Greencore Q3 revenue

Greencore Group, the convenience foods manufacturer, has seen revenue rise 6.2% in its third quarter following increased convenience sales and strong US growth. 

The doughnut effect: preserves firm benefits from bakery trend

A rise in popularity of filled bakery products such as doughnuts has sparked business growth in a Manchester-based preserves company.

Olive oil
Olive oil prices jump 10%

Extra virgin olive oil prices are up almost 10%, with little sign of the sourcing situation improving.

Thorntons to exit Stock Exchange

Thorntons has officially requested to be delisted from the London Stock Exchange, in anticipation of its pending takeover by Ferrero International.

Mr Kipling
Premier Foods claims cake share gains, despite slight sales fall

Mr Kipling owner Premier Foods has reported market share gains in cake and ambient desserts amid a slight decrease in sales in its last quarter. 

Harris + Hoole founders exit the business

The Harris + Hoole (H+H) founding trio are stepping back from the Tesco-backed coffee chain.

Phat Pasty Co sees sales jump 22%

Pasty concept Phat Pasty has seen sales surge thanks in part to a big increase in the number of universities selling its products and using its branded counters and point-of-sale material.