All articles by Dominic Bernard – Page 6
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NewsOil price plummets as Strait of Hormuz is ‘open for business’
Iran has declared the strait open to all commercial shipping for 10 days, the duration of a ceasefire agreed between Israel and Lebanon late on 16 April
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NewsPlant milk machine maker Mylky snapped up by free-from specialist Tooru
Mylky’s machines allow consumers to make their own plant milk, from conventional ingredients such as oat, rice, or almond – or more exotic items like chestnuts, beets or hemp seeds
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NewsSpirits debate puts pressure on Pernod Ricard shares
Pernod Ricard’s share price has faced further pressure after a downgrade to its sales outlook, with investors waiting to see if spirits’ woes are structural
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NewsCheaper crisps power growth for PepsiCo’s US snacks business
Reformulation and lower pricing helped power the division’s recovery, driving a 1% boost to organic sales that caught analysts by surprise
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NewsTesco’s Ken Murphy pledges to keep shoppers’ costs down in Iran war
Murphy said the supermarket was ‘committed to doing whatever it can to help keep down the cost of the weekly shop’
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NewsPernod Ricard returns to volume growth
The spirits giant has begun to see sales improve as it cuts prices, introduces smaller formats, targets convenience and launches more low & no alcohol products
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NewsTayto sales fall amid low consumer appetite for crisps
The manufacturer, which is the largest UK-owned crisp maker, maintained its gross profits around £72m despite the fall in revenues – but higher sales, marketing and administrative costs cut down operating profits by £3m to £18.9m, its latest accounts at Companies House showed
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NewsMcCain’s profits slide after tough year for potato growers
McCain Foods GB’s final profit fell 30.4% to £51m in the year to 30 June 2025
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News£80m raise makes Eka UK’s largest early-stage VC for health
The firm’s oversubscribed second fund will invest in up to 30 UK startups in the seed and pre-seed stages
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NewsKerrygold’s growth pushes Ornua to €3.5bn
Kerrygold is now the second-most popular block butter in the UK, having grown faster than any other butter brand last year, according to parent company Ornua
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NewsOxbury secures £10m loan from British Business Bank
Specialist agricultural lender Oxbury has secured a further £10m tier-two loan from the British Business Bank, building on a £25m facility agreed in 2022
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News‘Aggressive’ branded promotions impact own-label cake maker BBF
Low consumer confidence and ‘aggressive’ promotion from branded competitors has led to a 5.1% decline in sales for the UK’s largest manufacturer of private-label cakes
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NewsOil tops $100 again as ceasefire talks collapse
Oil prices have rebounded to over $100, after ceasefire talks between Iran and the US collapsed shortly after they had started
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NewsAmbienta snaps up The Bridge in play for plant-based market
The Bridge was founded in 1994 and now produces organic plant-based drinks, yoghurts and puddings
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NewsLavazza sales hit €3.9bn despite volume decline
Growing sales 15.7% in the year to 31 December 2025, the Italian multinational also boosted its underlying profits despite tighter margins
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Analysis & FeaturesWill Princes’ price hikes open the doors to a flood of CPIs?
Last week, Princes informed retailers of a 5% price hike across its range. Other manufacturers will be watching closely how the move plays out
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NewsUnilever buys US veggie supplement maker Grüns
Unilever has added a new brand to its beauty & wellbeing portfolio with the acquisition of US-based gummy supplement Grüns
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NewsRetail shares rally on news of Iran ceasefire – but worries remain
“Euphoria” over news of a ceasefire between the US and Iran prompted a rally in City shares on Wednesday, as investors bought back into disrupted stocks. UK retail shares leaped 5.3% on Wednesday, ahead of both FTSE 100 (2.5%) and FTSE 250 (4.1%)
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NewsTobacco giant BAT poaches Asahi Europe CEO for new CFO
Tobacco giant BAT has found its new chief financial officer
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NewsAsda rolls out self-serve laundry partnership
Asda will install up to 700 self-service laundry machines across its network, under a new partnership with supplier ME Group