Today’s news in brief – 30/09/24

Incipio Group has reported record sales of £25.9m for the year to 31 December 2023, having increased 32% against 2022. Meanwhile, the group also reported “record” adjusted EBITDA on continuing operations of £2.5m – a £1.8m improvement on the previous year. It comes as the group focused on its operational performance. 

Average sales in the week ended 21 September were 3% ahead against 2023. Widespread sunshine brought consumers out to beer gardens and terraces, and sales were up by between 8% and 11% from Monday 16 to Thursday 19 September. Beer and cider sales were up by 8% and 9% respectively, reversing two weeks of year-on-year declines. 

Inverclyde Council has launched the Growth Programme for Independent Hospitality Businesses, thanks to funding from the UK government through the Shared Prosperity Fund. This programme aims to boost the local sector and follows the success of a similar initiative run earlier this year for independent retailers. 

Two Magpies Bakery has launched its fourth Mini Magpies site, consolidating its restaurant in Holt to meet the rising demand from customers looking to eat on-the-go. Known for its homemade bread, pastries and sweet bakes, the latest Mini Magpies site in north Norfolk now offers an extensive range of Viennoiseries and take away baked goods.