Finance news – Page 13
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NewsPuffPizza secures £75k in ‘turning point’ investment for Sardinian startup
PuffPizza, a startup selling Sardinian-inspired pastry pizzas, has won £75k in seed funding, furthering its mission to ‘redefine frozen convenience food’
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NewsLady Bamford’s Daylesford Organic back in the black
Increased retail and wholesale demand was joined by the first full year of operations at its dedicated events space
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NewsHeineken CEO to leave brewer after six years as boss
Heineken has kicked off a search for a successor to the top job, while Van den Brink has agreed to stay with the business in an advisory role for eight months as part of a transition period, starting 1 June
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News555 Amanda announces new UK division along with new GM
The Denmark-based company has traded in the UK since the 1950s, mainly serving the fish and chip sector, and has recently seen increased demand from retail, foodservice and manufacturing
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NewsTesco and M&S shareholders react to Christmas results
Christmas sales at Tesco and M&S were received differently on the stock market on Thursday – and not as you might have expected, given the news they delivered
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NewsSainsbury’s ‘observing’ impact of GLP-1 drugs but defends offer
Rival grocers Morrisons, M&S, Co-op and Iceland have all been quick to roll out specific ‘GLP-1 friendly’ ranges this year
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NewsDiageo EABL stake sale ‘should proceed uninterrupted’ Kenyan high court rules
The legal case would now be heard on 20 January, the court said
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NewsModern Milkman slashes operating losses for second year in a row
The DTC business has cut its operating loss by 42% to £6m compared to £10.5m in 2023, as part of a continuation of the group’s profitability improvement plan
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NewsGood Culture strikes $500m deal to cash in on cottage cheese craze
The deal follows years of rapid growth for the Texas-based clean-label cultured dairy business and positions it to accelerate expansion across the US
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NewsSainsbury’s gains market share in bumper Christmas
Sainsbury’s won over more shoppers this festive period, winning market share for its sixth consecutive Christmas
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News‘Disappointing’ December footfall takes shine off golden quarter
Total footfall during the year was down 0.8% on 2024, with the difference weighted towards the final, ‘golden’ quarter of the year
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NewsThe Original Factory Shop to enter administration
Private equity owner Modella Capital said administration was the ‘only option’ in an ‘extremely challenging’ climate
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NewsCook enjoys ‘pleasing year’ after focus on new stores and supply chain
Cook opened seven new stores and added 170 new concessions during the year, and is set to launch a major new investment to grow its cold supply chain
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NewsGreggs CEO: ‘No plans for price rises’ despite flat profit forecasts
The food-to-go chain is looking to pizza delivery and nutritional trends to boost sales in 2026
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NewsBiotiful revenues soar ahead of Müller deal
In the 12 months to 31 March 2025, revenues hit £46.8m, with the business doubling in size in just the past two financial years
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NewsSamworth Brothers shakes up executive board for 2026
It comes amid a raft of new appointments to the group’s executive board in the new year
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NewsABF shares slide following profit warning
ABF revealed a challenging end to the 2025 calendar year, as Primark’s European sales slumped and difficulties in its food division failed to pick up the slack
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NewsMajestic Wine bemoans ‘highly complex’ duty reforms as profits tumble
The specialist retailer saw pre-tax profits fall by almost 50% from £14.3m to £7.7m in the year ended 31 March 2025
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NewsBooker will be ‘incredibly competitive in 2026’ despite sales dip
Ken Murphy says Booker will do ‘everything in its power to be very competitive and minimise cost to retailers’
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NewsHovis-Kingsmill merger fast-tracked by CMA to full investigation
The announcement came the same morning as ABF warned of lower profits than expected in an unscheduled trading update