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The Latest Breaking News from Kingsmill

Kingsmill owner cleared to create UK’s biggest bread brand with Hovis takeover

ABF’s bakeries arm would be likely to exit the market entirely if the deal did not proceed, CMA finds

The Guardian - UK

Primark to split from food business despite warning of Iran war impact

ABF, which owns Kingsmill, Twinings and Patak’s, to demerge fashion chain to maximise shareholder returns

The Guardian - UK

ABF poised to reveal result of Primark and food business demerger plan

Retail analysts say breaking up food and fashion group would make sense in challenging business environment

The Guardian - UK

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CMA begins full review of Kingsmill owner’s planned takeover of bread rival Hovis

Move by UK competition regulator comes as Associated British Foods, which owns Primark, issues profit warning

The Guardian - UK

Primark owner’s boss urges Reeves not to hit shoppers with budget tax rises

George Weston tells chancellor to ‘tax rich folks instead’ as ABF says it could split fashion chain from food arm

The Guardian - UK

Primark owner’s boss warns Reeves not to give consumer sentiment ‘another great whack’ in budget

George Weston, CEO at ABF, also said food price inflation had peaked and would now start to ease

The Guardian - UK

Two of the UK’s biggest bakeries to combine to make bread giant

The move follows a strategic review of the Allied Bakeries business

The Independent UK

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Kingsmill owner ABF to buy Hovis to create bread giant

ABF told investors on Friday that the deal will ‘combine’ the production and distribution activities of Hovis and its Allied Bakeries business.

Evening Standard

Kingsmill owner to buy Hovis in £75m deal to create UK’s biggest bread brand

Jobs expected to go if competition watchdog approves takeover by Associated British Foods

The Guardian - UK

Crumbs! How Britain fell out of love with the sliced loaf

Packaged bread, once a household staple, is in ‘inexorable decline’ because of rising costs and competition from other options

The Guardian - UK

Baking a deal? Hovis and Kingsmill owners in talks about historic merger

Associated British Foods’ sale of Allied Bakeries would bring together two of the UK’s biggest breadmakers

The Guardian - UK

Hovis and Kingsmill owners in takeover talks about historic merger

A deal between the bread-making titans could potentially draw the attention of competition regulators

The Independent UK

Kingsmill owner confirms talks with Hovis parent company over bread takeover

Associated British Foods said its Allied Bakeries business ‘continues to face a very challenging market’ and that it is in talks with Hovis’s owner.

Evening Standard

Kingsmill owner warns of price rises due to ‘very small’ expected harvests in UK

ABF, which also owns Dorset Cereals, says it is not yet planning rises but it may need to import ‘quite a lot’ of grain

The Guardian - UK

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Manchester Evening News

I did a big shop at the less talked-about supermarket families are turning to for 'unbeatable deals' - some of the prices were incredible

Some of the items were half the price of what you'd pay elsewhere

The Guardian - UK

Primark enjoys bumper festive UK sales thanks to heels and baggy suits

Owner ABF says its grocery brands such as Twinings and Kingsmill also increased trading

Nottingham Post

B&M owns lesser known budget supermarket with great bargains

Some of the stores have been rebranded B&M Express

Manchester Evening News

This lesser known budget supermarket is owned by B&M, and for bargains like this it's worth seeking out

The company has rebranded some of its stores as B&M Express as shoppers are more familiar with the name

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The Guardian - UK

Primark owner warns of autumn price rises as costs increase

Associated British Foods says its brands, including Twinings and Ryvita, also feel the inflationary heat

Wales Online

Which bread came out on top after a blind taste test?

A reporter has compared the UK's best selling brands to some supermarkets' own.

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