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Robyn and Dan discuss a health-focused bakery smashing its fundraising target, gigantic sandwiches, growth plans for a luxury cruise retailer, and the Yorkshire rich list.

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00:00A bakery smashing its fundraising target, the launch of the largest sandwich shop in

00:04the UK, growth plans for a luxury cruise retailer, and the Yorkshire Rich List all feature in

00:09today's Business Briefing.

00:11Morning, Robin.

00:13Morning, Dan.

00:15I know you've got some news from some gigantic sandwiches for us today.

00:20Yeah, we have a very exciting story from Bristol-based Sandwich Sandwich, who've just opened their

00:25latest spot in London, and they're offering ginormous butties, apparently, so not one

00:31to miss.

00:32Sounds good.

00:33So, yeah, they started off in Bristol, and then they've expanded into London.

00:36They've had some funding from HSBC, which has helped them to kind of grow outside of

00:39the Bristol region, and they've seen, yeah, really good growth across London, really high

00:45demand for the sandwiches, and that's why they've opened this up to kind of meet that

00:49demand.

00:50And as well as giant sandwiches, there's also a giant sandwich shop at 3,500 square

00:55foot.

00:56Wow.

00:57So big sandwiches, big restaurants, and possibly big profits.

00:59Absolutely, yes.

01:00So I've got some news from a bakery.

01:03So JNCK Bakery, they specialise in creating healthy treats.

01:06You might be familiar with them.

01:07Yeah, they're one of our most exciting companies in the North West, actually.

01:10Oh, there you go, then.

01:11So they've smashed their funding goal following a campaign they launched on CrowdCube.

01:15They were looking for 200,000, but at the time of recording this, they've received almost

01:19212,000.

01:20Wow.

01:21They produce low-sugar, neutrally-enhanced cookies, catering to that growing market of

01:25high-protein, low-sugar treats, and having been backed by Innovate UK and selected for

01:30the Tesco Accelerator, their products recently launched in more than 550 stores across the

01:34UK.

01:35So obviously growing really quickly.

01:37They said they plan to use the funds to help launch their products into retail and obviously

01:41grow their marketing campaigns, and we've got our biscuit spreadsheet here.

01:46We rate the biscuits from one to 10, and we'll see if we put this next up.

01:52So moving away from food, I'm getting quite hungry now, I understand you've got a cruise

01:57ship story for us.

01:58Yeah.

01:59So Panache Cruises, who's one of our Lancashire Wants to Watch companies, has been expanding

02:02massively in the US.

02:04They opened up a base in Orlando in Florida, and they've already outgrown it, and they're

02:08now looking for a new premises.

02:10That comes after they've made nearly 2 million in sales just in the last four months over

02:15in the US.

02:16So yeah, expanding really rapidly over there.

02:19So they were also in the UK, made over 20 million in profits recently, and the founder

02:24has said that they want to do even more than that in the US, so it's a real key growth

02:28market for them.

02:29And yeah, exciting to see what comes next.

02:31Their plan is to get to 100 million turnover by 2028, so I guess this expansion is going

02:37to help them achieve that.

02:38Those are some really ambitious growth plans.

02:40But anyway, just to finish off here, I've got the Yorkshire and Humber rich list.

02:44I understand that's where you're originally from.

02:46Any guesses who could be on the list?

02:48I don't think it's any of my family, unfortunately.

02:50Unfortunately not.

02:51I'm just going to round off the top three here.

02:53So in third place, we've got Lord Kirkham and his family with an estimated fortune of

02:571.14 billion.

02:58They've achieved great success with the sofa retailer DFS, which he started up in 1969,

03:04but it's still going strong.

03:05In second place, we've got the Sheppard family with a value of 1.3 billion.

03:09They made their fortune in the construction industry, and they were involved in one of

03:13the sales of their businesses, which was reported to be worth around 1.5 billion earlier this

03:17year.

03:18And topping off the list, we've got Malcolm Healy, who turned 80 this summer, but he's

03:22still going really strong.

03:24No sign of slowing down.

03:27Red Kitchens is what he founded.

03:28You might be familiar with them.

03:29Yeah, I didn't know they were Yorkshire based, but they're massive, aren't they?

03:31Yeah, very huge kitchen retailer.

03:34She founded in 2009, so relatively recently, but they reported sales of 1.1 billion in

03:39the last year.

03:40So obviously going strong there.

03:41To see the rest of that list and to see the other rich lists, make sure to visit our website,

03:46where you can subscribe to our magazines and our newsletters.

03:49You can read about the stories we discussed today if you're interested in gigantic sandwiches,

03:54and find out about upcoming events.

Watch: Insider's Business Briefing - 5th November

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