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Finance

Greggs
Greggs' results by numbers

High street bakery chain Greggs has posted its 2014 preliminary results including its best own-shop like-for like sales since 2007. 

Greggs
Greggs posts strong 2014 performance

The chief executive of high street bakery giant Greggs has praised “an exceptional step-up in performance” for the brand in 2014 as it revealed total sales were up 5.5% to £804m and own-shop like-for-like sales had risen 4.5%. 

Exclusive: Allied Bakeries’ chief executive to leave

The chief executive of Allied Bakeries is to leave the business – just weeks after parent company Associated British Foods (ABF) declared the UK bakery market “intensely competitive”.

Morrisons appoints new chief executive

David Potts, the former boss of Tesco in Ireland and Asia, has been appointed as the new chief executive of Morrisons.

Kingsmill
ABF warns of lower profit for Kingsmill, amid competitive market

Associated British Foods (ABF) has said the UK bakery market “remains intensely competitive” and expects Kingsmill owner Allied Bakeries’ profit to be lower than last year as a result. 

Brighton bakery opens sites and expands wholesale

The Flour Pot Bakery in Brighton is to open two more sites, as it also secures its first London customers for wholesale.

Tesco chairman
Tesco names new chairman

Tesco has appointed John Allan as chairman following Robert Broadbent’s decision to step down in October last year. 

Bakkavör reports 4% growth in LFL revenues

Bakkavör, a leading fresh food, pizzas and desserts producer, has seen full-year like-for-like revenues up 4% to £1.72bn for 2014.

PM makes pledge on business loans

Prime Minister David Cameron has pledged to guarantee business loans by private lenders, if he wins the general election in May.

Supermarkets
Grocery market picks up pace

The grocery market is growing at its fastest rate since June last year at 1.1%. 

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