All articles by Elena Cherubini – Page 4
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NewsUpfield invests €50m into ‘pioneering’ Dutch plant-based facility
The Flora owner will open the new Food Science Centre in Wageningen before the end of 2021
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NewsCity snapshot: Just Eat Takeaway to acquire Grubhub to create global delivery giant
The online delivery company will buy the US-based business for $7.3bn, in a move that will create the largest online food delivery company outside of China
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NewsCoronavirus: Government approves only one in 10 Future Fund applications
The British Business Bank revealed £55.9m worth of convertible loans had been approved since the fund opened on 20 May, despite receiving applications worth £515m on the first day of opening
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NewsMission Ventures takes on seven startups to tackle childhood obesity
Mission Ventures will help seven brands at different growth stages tackle childhood obesity through an accelerator programme providing support and funding
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NewsMedia Bites 10 Jun: Hovis, Uber Eats, BAT
Hovis shareholders prepare to offload the business, Uber Eats abandons plans to own kitchens and BAT warns of profit drop following lockdown
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NewsWest Berkshire Brewery smashes £750k crowdfunding target
The company raised over £765k from 555 investors, despite the coronavirus pandemic impact on the hospitality industry
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NewsFreaks of Nature invests £1m to scale up capacity and keep up with demand
The move comes as production volumes for the first quarter of the year jumped 100%, despite being held back by the impact of the coronavirus pandemic
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NewsCity snapshot: BAT lowers guidance despite ‘resilient’ lockdown performance
British American Tobacco has reported a resilient performance despite the effects of the coronavirus outbreak, with “strong” trading in developed markets
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NewsCity snapshot: Investigation into Tesco accounting scandal ends
The Financial Reporting Council has announced the closure of its investigation into Tesco’s accountancy scandal, putting an end to a six-year-long investigation
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NewsFurloughed Foodies seeks corporate backing to continue delivering food to NHS workers
The volunteer-based organisation launched at the end of March and has so far delivered more than 12,000 meals to the frontline
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NewsConcerns for Typhoo’s future as it reports continued huge losses
Typhoo Tea has reported mounting losses in a “watershed” year for the business, raising doubts on the historic tea brand’s ability to continue trading
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NewsMedia Bites Jun 5: Chlorinated chicken, Consumer spending, BoE
The UK leaves the door open to imports of chlorinated chicken, consumer spending remains muted despite lockdown easing and big firms tap the BoE for £16.2bn
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NewsProfits rise at Fullers Foods as it maintains supply through coronavirus crisis
Frozen specialist Fullers Foods has remained “fully operational” during the coronavirus crisis as it posted a jump in full-year profits.
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NewsMedia Bites 4 Jun: M&S, SSP Group, Food Workers
M&S cappes top executives bonuses and SSP begs investors to reinvest dividend into the business to preserve cash
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NewsStrong avocado demand boosts Greencell annual sales
The company’s revenues rose by £9m as a result of volume growth in its retail business
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NewsAlcoholic tea startup Noveltea smashes £150k crowdfunding target
The premium low-abv alcoholic tea brand will use the funds to launch in the US later this year and improve sales in its current markets
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NewsCity snapshot: SSP swings to interim loss as coronavirus hits
SSP Group has swung to an interim loss as the coronavirus pandemic “heavily impacted” its trading, while announcing a call for investors to reinvest the dividend payment by buying new shares in the company.
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NewsMedia Bites 2 Jun: ABF/Primark, Sainsbury’s, Insurance
Associates British Foods has announced it will reopen all its UK stores from 15 June, Sainsbury’s new CEO makes changes at the top and insurers go to court over coronavirus payments
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NewsWholey Moly closes small funding round to see brand through coronavirus hardship
The company was able to raise the funds from friends and family after a bigger raise with angel investors was postponed
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NewsCity snapshot: ABF to reopen all Primark stores by late June
Associated British Foods has announced it will reopen the last of its Primark stores by late June after it was forced to close its 378 retail locations across the world due to the coronavirus pandemic