Briefs

first_imgn The 7th Bakery World Cup will be held in Paris at the Europain Show in April 2008 when teams from the United States, France and Japan will compete with bakers from other nations in Western Europe. These will be chosen in qualifying rounds, which finish in November 2007.n Greenhalgh’s Craft Bakery will celebrate opening its fifth shop in Bolton town centre by handing out 1,000 free pies on the first Friday of trading – Friday 13th October – naming it ’Friday is Pieday’. The shop will be the company’s 44th in the North West and the second to sport new corporate branding.n New Yorkers’ favourite doughnuts face a clampdown when the city becomes the first in the US to force restaurants, cafés and street stalls to keep to a limit of half a gram of trans fat in any item served from their menus. Owners have until July to switch to using healthier oils and margarines in a bid to improve Americans’ health.n Bakery ingredients firm Puratos is to construct a new sourdough plant in the US for its ready-to-use fermented sourdough line, which has only been produced in Europe until now. The New Jersey facility, which is due to open by March 2007, will produce three of the company’s four liquid Sapore sourdough products.n Confectionery company Thorntons has announced that Mike Davies has been appointed as chief executive, following the resignation Peter Burdon.n The Department for Environment, Food And Rural Affairs (East Midlands) is funding a new farm bakery in Nottingham called Spring Lane Farm.last_img read more

Consumer spending slowed in July

first_imgThe latest Barclaycard consumer confidence research has shown caution among consumers, as spending rose 2.6% in July, with growth levels down on those seen in May and June. The Barclaycard data revealed many adopted a “business as usual” approach to outgoings in the month following the Brexit vote, despite the dip in growth.Consumer spending growth slowed slightly to 2.6% in July (down from 3.6% growth in May and June), as overall confidence cooled in response to economic and political uncertainty.Nearly half (49%) of consumers said they were not confident in their ability to spend more on non-essential items, the highest figure since February. But consumer spending in restaurants and pubs remained resilient (up 12.2% and 12.8% respectively), perhaps thanks to the warmer weather, with overall entertainment spend up 10.7% year-on-year (yoy) in July.  However, overall confidence levels have dipped, and 54% of consumers expressed confidence in their household finances, significantly lower than the 71% average recorded in 2015.Paul Lockstone, managing director at Barclaycard, said: “Softer spend growth in July was perhaps to be expected given the external economic and political context. While growth did slow, some categories performed well as consumers adopted a ‘keep calm and carry on’ approach, showing that they are still prepared to spend where it matters – enjoying quality time with friends and family.”last_img read more