Ed Devlin
Ed is The Grocer's chief financial reporter.
Contact info
- Mobile:
- 07936 685 375
- Email:
- ed.devlin@wrbm.com
- News
Little Freddie to restate sugar levels for three babyfood pouches
Little Freddie admitted three out of its 29 babyfood products were “found to have a sugar value which varied from packaging”
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SSP shares surge on profit recovery plan
SSP Group shares surged by as much as 12% this week as the catering operator looked to put the pandemic and constant train strikes in the UK behind it
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Asda secures new £155m loan to help struggling supermarket meet debt obligations
The supermarket revealed it had successfully raised and allocated ‘a private £155m-equivalent fungible add-on’ to one of its existing loans
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One Rock completes takeover of Burts Snacks owner Europe Snacks
As revealed by The Grocer in July, New York-headquartered One Rock saw off rival bids to win the auction run by investment bank Lazard
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Pets at Homes shares tank amid profit warning and worries of 'subdued' market
Pets at Home saw more than £200m wiped off its valuation this week as investors raced to sell-off shares after the chain warned of a “unusually subdued” pet retail market
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Typhoo Tea brings in administrators as vape maker Supreme negotiates rescue deal
London-listed vape manufacturer Supreme confirmed this afternoon it is “currently participating in a process regarding the potential acquisition of Typhoo Tea”
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Unilever explores sale of The Vegetarian Butcher as plant-based category slows
Analysts also speculated that Unilever could consider selling Colman’s, Marmite and Pot Noodle
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Tŷ Nant strikes double deal as Fast 50 premium water supplier buys two brands from Primo Water Corporation
Tŷ Nant has acquired two brands from US giant Primo Water Corporation to broaden its offering, as the rapidly growing Welsh supplier aims to become the number one super-premium water bottler in the UK
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City snapshot: Cranswick poised for strong Christmas as first-half volumes deliver results
Cranswick is set up for a strong Christmas after the meat processor reported volume-led growth in the first half. Plus, vape maker Supreme reports interims, Compass Group presents annual results and the latest BRC-NielsenIQ Shop Price Index
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City snapshot: Greggs boss says Budget measures won’t hit growth plans
The boss of Greggs has vowed to keep a lid on prices hikes in the wake of Labour’s recent Budget and said the chain’s rapid expansion won’t be derailed
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Allplants enters administration as 65 staff made redundant
Frozen ready meal challenger Allplants has officially entered administration today, with 65 staff losing their jobs and investors facing losses of almost £70m
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Little Freddie babyfood pouches fail WHO sugar standard, despite claims
Little Freddie babyfood pouches fail to meet World Health Organization standards for on-pack sugar labelling, despite the brand claiming it is “always” reflective of the body’s guidelines.
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Allplants seeks a buyer to save plant-based brand from collapse
Plant-based ready meal maker Allplants is teetering on the edge of collapse and is working with insolvency advisors to explore all options for the brand’s survival
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Bakers union BFAWU ‘furious’ at Morrisons proposal to close Rathbones
The Bakers, Food and Allied Workers Union said the decision was ‘beyond disappointing’ and added even more jobs in the supply chain, as well as agency workers, would be impacted
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Morrisons to shutter bakery Rathbones with 400 jobs at risk
Morrisons is set to shutter Rathbones bakery after exploring all options for the manufacturing facility, with almost 400 workers facing redundancy as a result, The Grocer has learned
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City snapshot: Lidl swings back to profit as shoppers switch from rivals
Lidl has bounced back into the black in the UK as shoppers switched more than £500m of spending to the disctounter from rival supermarkets. Plus, annual results from Britvic, UK inflation jumps by more than expected and Gusbourne partners with Enotria&Coe
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Spring Food secures £100k to capitalise on rise of bone broth
The Essex-based business, which launched in 2017, makes a range of almost 30 bone broth products sold online and through its network of partners
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City snapshot: Nestlé to spin off bottled water and cut costs by another £2.2bn as part of new action plan
Nestlé will spin-off its bottled water business as part of new plans for turning around the ailing food giant revealed ahead of today’s Capital Markets Day for investors and analysts. Plus, full-year results from Imperial Brands
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Little Freddie babyfood pouches contain almost double advertised sugar levels
Little Freddie babyfood pouches have been found to contain higher levels of sugar than stated on pack labelling, with some products having almost double the amount of sugar listed in the nutritional information
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City snapshot: Premier Foods boosted as shoppers switch back to brands
Premier Foods has grown first-half sales supported by double-digit volume growth as consumers switched back to brands. Plus, annual results at WH Smith and interims at B&M Bargains