All articles by Dominic Bernard – Page 8
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NewsDiageo sells Royal Challengers Bengaluru cricket team for £1.4bn
The proceeds will likely knock 0.1x off Diageo’s net debt/EBITDA ratio
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NewsFood inflation falls, but Iran shock still to come
ONS statistics reported a 3% overall CPI rate, with falls in grocery and alcohol – down one point to 3.6% – counteracted by rising clothing costs
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NewsProfit warning wipes out two-thirds of Distil’s remaining valuation
A fresh profit warning from spirits company Distil has wiped out 63.6% of the embattled company’s market valuation in a day
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NewsEx-Hovis CEO appointed to lead Jacksons Bakery
The new hire will join Jacksons on 14 September 2026, in his first role since his three-year stint as Hovis CEO
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NewsFaux fromage leader Jay&Joy wins £1.7m investment for growth
Targeting international growth under the Jay&Joy brand, the group will also push for a ‘significant acceleration’ of its French brand Les Nouveaux Affineurs’ supermarket distribution
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NewsLe Duff takes ‘decisive step’ in bakery expansion plans
Le Duff’s bakery subsidiary Bridor will take on Panamar’s 2,600 employees and integrated production and distribution networks under the deal
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NewsThe Truffle Guys breezes past £150k crowdfunder goal
The company offers products including truffle oils, mayonnaise, pasta sauce, mustard, and truffle slices and dust
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NewsDeliciously Ella’s double-digit growth boosts owner Hero Group
Hero has pursued better-for-you snacking as a pillar of future growth with multiple acquisitions
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NewsFood manufacturing costs outstripped CPI inflation in 2025
Data published this morning by the FDF showed production costs jumped 4.4% on average in 2025, compared with a 3.6% increase in the Consumer Price Index reported by the ONS
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NewsValeo buys Bulgarian biscuit business to push Europe growth
Valeo Foods has acquired heavyweight Bulgarian biscuitmaker Prestige-96, marking another milestone on the company’s mission to become Europe’s “sweet treats champion”
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NewsFerrero buys Brazilian protein brand Bold Snacks
Confectionery giant Ferrero Group has snapped up fast-growing Brazilian protein brand Bold Snacks, in its first venture into nutrition on the continent
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NewsGeneral Mills profits and sales slide amid turnaround
Sales and profits at US cereal giant General Mills have fallen, as US consumers shy away from branded products
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NewsTwo more artisanal chocolatiers liquidated in wake of cocoa price surge
Horsham’s Cocoa Loco and Nottingham’s Gourmet Chocolate Pizza Co entered liquidation in early March
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NewsMumfluencer duo launch Rayro kids’ skincare range
The DTC business launched online and through TikTok Shop on 19 March after a year’s development
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NewsUnilever weighs separation of food brands
Unilever started talks with advisers over a carve-out of its remaining food brands, including Marmite, Colman’s and Bovril, to focus on its beauty and personal care portfolio
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NewsCakesmiths buys bakery, joins Proper Cornish in leadership rejig
The restructure followed the business’ acquisition of a new ‘little sister’ factory in Warminster, producing muffins, scones, and filled croissants for Cakesmith
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NewsAI pioneer Zest seeks £1m for mission against food waste
AI-powered food waste pioneer Zest has opened a £1m fundraiser to develop its boutique model into a software-as-a-service (SaaS) business
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NewsMackie’s of Scotland hits fastest growth in its history after distribution wins
Mackie’s won distribution gains among retailer customers in Scotland, England and Wales and gained new customers through its ‘Full Cream Ahead’ marketing campaign
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NewsIce cream maker Glacier banks £349m to pursue acquisitions
Europe’s largest own-label ice cream maker has banked a €400m (£349m) war chest to back its acquisition strategy and cement its position in the UK market.
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NewsConsumer confidence drops again as worries over job security set in
Consumer confidence has dropped again, wiping out modest improvements seen in December and January as shoppers worry about their personal finances and widespread job losses