Finance news – Page 10
-
NewsSunday trading shake-up on table as ministers aim to calm retail rates row
It’s understood the idea has been informally broached by Treasury sources
-
NewsWarm weather credited with July UK retail sales uptick
Retail sales volumes climbed 0.6% month on month in July 2025, as the UK’s fifth-warmest July on record helped power a boost in shoe and clothing purchases
-
NewsRetail footfall takes August hit despite high street gains
Retail footfall declined by a further 0.4% year on year in August, in a repeat of last month’s disappointment to retailers
-
NewsNestlé shares under pressure as CEO Laurent Freixe sacked
Shares in Nestlé were under pressure once again this week as the Kit Kat and Nescafe supplier sacked its CEO Laurent Freixe following an investigation into his affair with a direct subordinate
-
NewsWhittard hits £50m as international sales soar
Premium hot drinks firm Whittard of Chelsea has hit £49.8m in revenue after international sales soared by more than a quarter in 2024
-
NewsNew customers help Cawston Press quadruple profits
Sales growth of 7.8% to £21.9m came despite tough challenges for Cawston Press
-
NewsCompetition watchdog kicks off official review of Greencore-Bakkavor deal
The Competition & Markets Authority has officially launched its investigation into the Greencore-Bakkavor merger
-
NewsBakkavor price hikes keep revenue rising ahead of takeover
The UK’s competition watchdog launched an investigation this week into the sale of Bakkavor
-
NewsHilton Foods profits down amid falling fish sales
Strong meat sales failed to compensate for disruption in Hilton’s fish business
-
NewsActivist investor unveils plan to turn around ‘deeply undervalued’ PepsiCo
Hedge fund Elliott Investment Management, which has built a $4bn stake, surprised PepsiCo management with a letter setting out its aims
-
NewsKraft Heinz to be broken up following lacklustre decade
Kraft Heinz is to be broken into two separate independent companies following a unanimous vote by its board
-
NewsMüller triples operating profit as it returns to the black
Müller nearly tripled its operating profit in 2024, powered by volume growth in both its branded and ingredients businesses
-
NewsAsda owner TDR Capital among potential bidders for Costa
It is not the first time TDR Capital has expressed interest in Costa, having previously explored a deal through its petrol forecourt business, EG Group, in 2018
-
NewsNestlé fires CEO Laurent Freixe over romantic relationship with employee
The Swiss food giant named Nespresso boss Philipp Navratil as his replacement
-
NewsPerwyn sells stake in halal leader Isla Délice
Branded halal meat firm Isla Délice will change hands later this year, following a successful exit by private equity owner Perwyn
-
NewsDuppy Share launches £1m crowdfunding campaign to fuel global growth
Funds will be used to fuel growth in global markets and launch new products
-
NewsKraft Heinz split nears fruition
A hotly anticipated break-up of Kraft Heinz is rumoured to be just days away, with the split potentially unlocking billions of dollars in value for shareholders
-
NewsRoberts Bakery to close Derbyshire factory amid restructure
The Derbyshire site is responsible for manufacturing artisan and specialised bread and morning goods
-
NewsDomino’s UK launches £20m share buyback programme
The purpose of the programme is to reduce the pizza giant’s share capital
-
NewsLipton Teas and Infusions appoints Heineken veteran as CEO
The new hire will take charge on 1 October