Finance news – Page 10
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NewsBrothers Cider relaunch fails to bear fruit
Brothers Cider’s major brand overhaul did not translate to topline growth at its parent company
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NewsMother Root bags Dragons’ Den cash from Steven Bartlett
Non-alcoholic aperitif brand Mother Root has secured the backing of Steven Bartlett during an appearance on tonight’s episode of Dragons’ Den
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NewsTesco share price gathers momentum as supermarket enters golden quarter from position of strength
Shares shot up 4.5% today to a near-12-year high of 449.2p as markets lapped up a bullish statement by CEO Ken Murphy asserting that the supermarket had built on already strong momentum in the first half to 23 August
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NewsTrek and Nakd maker Natural Balance Foods sinks to a loss on £11m VAT bill
A backdated £11m tax bill has sent Natural Balance Foods tumbling into the red as the Trek and Nakd bar producer fell foul of HMRC VAT rules
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NewsJW Filshill posts ‘robust’ profits despite ‘challenging’ market
For the year to 31 January 2025, operating profit increased by 18.7% to £5m, while pre-tax profit rose by 22.8% to £4.9m
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NewsGweilo Beer joins growing Keystone Brewing Group roster
Gweilo’s brews will be produced at Keystone’s breweries in the UK
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NewsGeary’s Bakeries flat-out as Jason’s revenue rockets
Geary’s Bakeries has been running flat-out to keep up with demand, as its Jason’s Sourdough brand rockets to 122% annual growth
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NewsTesco raises profit guidance after strong summer sales
Britain’s biggest supermarket cut its profit guidance earlier this year due to a looming price war
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NewsGreggs to increase breakfast deal prices
Several other products will see 5p price rises, including Greggs’ Empire Biscuit line
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NewsGail’s owner makes bid for Costa Coffee
Private equity powerhouse Bain has made a bid for Costa Coffee from Coca-Cola, the Financial Times has reported
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NewsPip & Nut outmuscles competition to gain top spot in nut butter
Pip & Nut overtook Whole Earth in Q2 2025 to take category supremacy with 15.8% share, according to Nielsen EPoS data
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NewsDave’s Hot Chicken and Zizzi investor Azzurri completes refinancing
The group, which invests in businesses including Ask Italian and Dave’s Hot Chicken, said the new facilities wouuld deliver ‘enhanced financial flexibility’
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NewsProfits jump at Whitworths as demand for wholefoods ingredients grows
Whitworths has forecast a continued “moderate growth” in sales in 2025, in line with its 2024 performance
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NewsWaste-saving ‘bumpy’ expiry labels company beats crowdfunding target
Food waste-saving startup Mimica has raised around £300k as it ramps up production of its ‘bumpy’ labels
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NewsTate & Lyle warns of lower sales and profits amid market slowdown
A pre-close trading statement for the six months to 30 September highlighted challenges across Europe, the Americas and Asia for the London-listed group
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NewsGreggs sales wilt in July heatwave
Like-for-like sales were up just 1.5% in the 13 weeks to 27 September, compared with the 2.6% registered in the first half
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NewsPerfectTed secures blockbuster valuation in seven-figure VC investment round
PerfectTed has secured a seven-figure venture capital investment at a blockbuster valuation
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NewsQuorn losses total more than £100m in three years but signs of turnaround on the horizon
Quorn has registered further significant losses as demand for fake meats in supermarkets has continued to decline
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NewsBeyond Meat shares hit all-time low over plan to wipe out $800m of debt
The announcement drove the company’s share price down 36% on Monday
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NewsMexican restaurant chain Tortilla delivers record UK profits
In the UK, adjusted EBITDA rose by 33% year on year to £2.4m