Finance news – Page 10
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NewsParamount Retail sells off Vital Pet Group
Vital Pet has now come under the leadership of SPL’s owner Tom Wang and his co-managing director Richard Long
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NewsCMA clears Danone’s €1bn takeover of Huel
The CMA has cleared Danone’s €1bn takeover of Huel, after launching a preliminary enquiry in July 2026
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NewsBurnham ‘boost’ leaves consumer confidence at highest levels since February
A return to cooler ‘shopping-friendly’ temperatures over the next few weeks will see families return to the high street, according to the latest BRC-Opinium data
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NewsRecord high revenues drive up Q2 earnings at Mowi
Revenues at the world’s largest producer of farm-raised salmon increased 15% year on year to €1.6bn (£1.4bn) in Q2 2026
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NewsDash makes first UK profit as sales soar
Challenger brand Dash Water has made its first-ever profit in its core UK business, after sales of the flavoured sparkling drinks soared 42% in its home market
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NewsKellyDeli UK sales jump amid ‘resilient’ consumer demand
For the year to 31 December 2025, sales increased by 10.3% to £66.3m
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NewsCarlsberg confident on profits as Britvic benefits kick in sooner than expected
Carlsberg has narrowed its guidance for annual profits to the upper end of its expected range thanks to disciplined cost focus and quicker-than-anticipated synergies from the Britvic combination
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NewsFood price rises ease but headline UK inflation back on the increase
Food prices rose more slowly in July with inflation in the industry down from 1.7% to 1.3% as the cost of beef and breaded chicken came down
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NewsPoundland owner exploring a sale a year on from buying the retailer
Gordon Brothers is said to be in talks with advisers over an auction process for the retailer
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NewsDiageo culls 2,000 staff as part of global restructure
Dave Lewis was appointed as Diageo’s new chief executive on 1 January on a base salary of £1.5m per year
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NewsJacksons of Yorkshire enters sourdough bread category with duo of loaves
Jacksons of Yorkshire has launched its first sourdough loaves, supported by a multimillion-pound machinery investment
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NewsFerrero swoops for health & wellness breakfast brand Purely Elizabeth in $850m deal
The deal price remains undisclosed but media reports in the US estimated Ferrero paid $850m to buy the business
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NewsWorldpanel: shoppers lapping up promotions despite calls for clampdown
Deals were included in 31.3% of grocery sales in the four weeks to 9 August 2026, their highest level this year, as shoppers sought to save money
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NewsDiageo appoints former Procter & Gamble beauty boss to the board
Diageo has appointed a new non-executive director with 35 years of international consumer goods experience
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NewsHeatwaves send shoppers in search of hydration and ice cream: NIQ
Shoppers spent about £1.5bn on soft drinks, ice cream and suncare in the past month at the supermarkets as the UK endured successive heatwaves, according to the latest industry data
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NewsPilgrim’s Europe to acquire Samworth Brothers-owned Walkers Deli & Sausage Co
The deal is subject to an employee consultation and approval by the Competition & Markets Authority
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NewsCrediton Dairy sees profits fall due to challenging dairy markets
The Arctic Coffee and Pro Mlk brand owner saw profits fall from £10.4m to £7m in the year to 3 January
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NewsSalmon deaths and lower prices slash profits at Loch Duart
Mass deaths at one of the company’s sites due to jellyfish and greater supply of salmon in the market increased its operating loss by around 1,200% from £649.9k to £8.4m
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NewsCawston Press takes control of premium kombucha brand LA Brewery
After considering an investment in the business earlier this year, Cawston acquired 100% of the shares in LA Brewery for an undisclosed sum, The Grocer has learned
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NewsAu Vodka sold to US spirits giant Sazerac
The Swansea-based brand will join RTD peer BuzzBallz in Sazerac’s portfolio