All articles by Ed Devlin – Page 189
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NewsCook Trading battles 'shaky' start but delivers another record year
Revenues jumped 14% to £45.1m in the year to 31 March 2016 thanks to a strong finish in the last five months, including a “fantastic” performance at Christmas as shoppers sought out quality food..
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NewsMedia Bites 22 December: Sainsbury's, Brexit, Coca-Cola, Hershey
Sainsbury’s CEO Mike Coupe is in the spotlight with a lengthy interview in which he says he is taking on Aldi and M&S, and the Argos takeover will boost group profits. Coupe adds that the discounters are now on the back foot.
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NewsConsumer confidence limps higher in December
Consumer confidence have finished a rollercoaster year by rising slightly in December as shoppers look to grab goods before the inflationary storm hits next year.
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NewsOppo raises £200k in third crowdfunding campaign
Sugar-free ice cream brand Oppo has raised more than £200,000 in a third crowdfunding round to continue its rapid growth.
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NewsLion Capital swoops for Loungers in £137m deal
The former owner of Weetabix and Kettle Foods has snapped up bar chain Loungers from private equity firm Piper in a deal valuing the business at £137m.
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NewsButcher’s Pet Care sales fall for first time since 2005
Sales at pet food maker Butcher’s Pet Care have declined for the first time in ten years but profits continue to soar.
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NewsYorkshire Poultry Products rescue deal saves 126 jobs
More than 120 jobs have been saved at a halal poultry processor after administrators at KPMG struck a rescue deal.
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NewsUS food and drink industry wary of UK future
The uncertainty of future trade arrangements with the EU is weighing more heavily on the US food and drink sector than any other, a report has found this week.
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NewsUK food and drink makers must push harder into China - Leadsom
UK food and drinks suppliers should be doing more to trade with China as the UK gets set to begin the process of exiting the EU, Defra secretary told an export forum
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NewsBeam Suntory acquires Sipsmith Gin ahead of global push for London craft brand
The maker of Jim Beam and Maker’s Mark has “ambitious” export plans for the brand
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NewsMedia Bites 16 December: Tesco, Heineken, Nestle, Rivington Biscuits, Just Eat
The Serious Fraud Office has told Tesco former group commercial director Kevin Grace that he will not face charges in its probe over a £326m hole in the UK retailer’s accounts. Plus, Heineken strikes a £400m deal for pub group Punch Taverns and Nestlé loses its EU trademark battle.
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NewsCity snapshot: Leadsom in China rallying cry to UK food and drink suppliers
UK food and drinks suppliers should be doing more to trade with China as the UK gets set to begin the process of exiting the EU, Defra secretary has told an export forum this week.
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NewsSimple Simon pulled out of administration by DDC
The owner of Simple Simon Foods has reacquired the business out of administration
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Analysis & FeaturesBrexit and bad harvest hit oil prices
Much-needed growth has returned to the flagging oils category. But it’s largely been down to inflation
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Analysis & FeaturesPasta panned as rice and noodles rise
Carbohydrates have become collateral damage for supermarkets
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NewsPink Panther wafer supplier Rivington Biscuits fails as Brexit bites
The own-label biscuit supplier behind the Pink Panther branded wafers has collapsed, with the loss of 99 jobs
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NewsTasties of Chester owner PK Food Concepts invests in growth
Losses have widened at foodservice supplier PK Food Concepts despite a healthy jump in revenues as investment in future growth and start-up costs in new operations dragged on the bottom line.
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NewsMedia Bites 14 December: Inflation, Kantar, Asahi, M&S, Argos
Inflation in the UK economy is in focus in this morning’s papers as figures from the ONS and Kantar Worldpanel show higher prices are on the way. Plus, Asahi tightens grip on European beer market and M&S chairman Robert Swannell retires.
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City snapshot: US food & drink businesses weigh up UK future
Almost 45% of US food and drink firms with a base in the UK are considering moving elsewhere in the EU as a result of Brexit, according to a report by Gowling WLG.
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NewsTollblend added to Lesaffre mix
Baking mix supplier LFL Tollblend has been acquired by French multinational yeast producer Lesaffre for an undisclosed sum.