All articles by Dominic Bernard – Page 17
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NewsMarkets watchdog launches inquiry into Hovis-ABF merger
The Competition & Markets Authority has launched a probe into Associated British Foods’ acquisition of Hovis from private equity group Endless
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NewsConsumer confidence edges up as budget blues settle
Consumer confidence has edged up by two points in GfK’s monthly barometer, as worries over November’s budget settle
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NewsWH Smith’s “difficult” end to year will not stop growth, CEO says
Despite a “difficult” year end rocked by a major accounting scandal, WH Smith is “well positioned” for growth at the end of 2025, its interim CEO has insisted
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NewsNaked Wines shares bounce following raised profit forecast
Naked Wines’ stock price has jumped 8.5%, after the company raised profit forecasts in a surprise trading statement
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NewsAlcohol-free Jump Ship Brewing hits £300k fundraising target
Jump Ship Brewing’s MD Sonja Mitchell told investors the funds would help expand the brewery’s market reach
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NewsGreencore sets January date for Bakkavor deal completion
Greencore has revealed the final date of completion for its £1.2bn mega-merger with rival Bakkavor
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NewsWeaker food and drink prices power sharp drop in inflation to 3.2%
UK inflation has fallen to its lowest rate in eight months – 3.2% – as a sharp drop in food and drink prices knocked consumer costs downwards
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NewsMagnum moves to oust Ben & Jerry’s board
The world’s largest ice cream company has mandated that members of Ben & Jerry’s independent board – set up to guarantee the brand’s freedom of speech – must not serve for more than nine years
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NewsLloyds Bank picks new consumer sector lead
Promoted to MD and head of consumer after nearly a decade at the bank, she will be responsible for managing some of Lloyds’ largest client relationships
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NewsCatfood challenger KatKin secures £37m scale-up investment
Fresh catfood brand KatKin has raised $50m (£37.4m) in equity and debt to fuel expansion in the UK
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RankingsBakery & bread 2025: Jason’s stars as sourdough gains favour
Britain’s appetite for speciality bread has made Jason’s Sourdough the standout star of bakery
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NewsPepsiCo to slash SKUs and review bottling after activist investor intervention
Both PepsiCo and Elliott hailed the ‘constructive engagement’ in their dealings
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NewsNIQ predicts max-value Christmas for shoppers
NIQ has predicted almost £20bn will be spent on groceries in December, just 2.8% up on last year, as 40% of UK households plan to use saved loyalty points and vouchers to maximise savings
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NewsMars’ $36bn takeover of Kellanova cleared by European Commission
Mars’ $36bn acquisition of snacking giant Kellanova has been given the green light, after an “in-depth investigation” of competition concerns by the European Commission
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NewsAsda hit by second credit downgrade as turnaround plan drags on
Asda parent Bellis Finco will now face higher borrowing costs thanks to the downgrade
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NewsMagnum hits €8bn valuation in IPO despite Ben & Jerry’s spat
Floated at €12.20, shares in the world’s biggest ice cream company rose to a high of €13.09 before settling around the guidance price of €12.80
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NewsTreatt reveals interim leadership following CEO’s departure
Newcomer Manprit Randhawa, who joined Treatt in September as interim CFO, will step up as interim group managing director on 1 January
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NewsUK Egg Centre and Bumble Hole form joint venture
Both Bumble Hole and Hardeman produce fresh eggs and egg products
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NewsSSP Group enjoys share price bounce despite Europe difficulties
Upper Crust owner SSP Group pledged to explore “all options” to correct performance at its struggling continental Europe division on Thursday, prompting a 13.8% bounce in share price
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NewsVillage Bakery sales rocket under new French owner
Village Bakery’s revenues have soared 20%, as rampant demand for premium breads pushed annualised sales to £123.4m