Finance news – Page 14
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NewsBen & Jerry’s co-founder quits over ‘censorship’
Ben & Jerry’s co-founder Jerry Greenfield has resigned in protest over alleged censorship of the ice cream brand’s progressive activism by its owner
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NewsBulmers owner C&C Group loses CFO as revenue slips
Andrew Andrea is leaving for Domino’s Pizza after just 18 months at C&C
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NewsMighty Slice hires Fiona Fitzpatrick as business advisor as it launches in Morrisons
The new hire runs a consultancy and accelerator for food & drink startups, as well as hosting the Brand Growth Heroes podcast
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NewsHonestly Tasty takes control of La Fauxmagerie in vegan cheese deal
Artisan vegan cheese producer Honestly Tasty has acquired plant-based cheesemonger La Fauxmagerie
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NewsBrits’ confidence in economy down amid high inflation and budget fears
Half of Brits are now expecting the economy to get worse in the run-up to Christmas
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NewsGeneral Mills' sales down again as shoppers ditch big brands
The US company manufactures Häagen-Dazs, Old El Paso, and Green Giant in the UK
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NewsJamie Oliver vehicle Viva Foods hits the buffers
Viva Foods’ estimated shortfall to creditors will amount to £232k, according to liquidators’ estimates
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NewsFiid appoints Nix & Kix co-founder as CEO
Fiid has appointed a new CEO to spearhead the next phase of growth at the Irish plant-based convenience brand
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NewsMcBride grows profit despite currency headwinds
Profit before tax at McBride rose 5.4% in the year to 30 June 2025, as demand for private label products grew and market share held at ‘all-time high levels’
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NewsPZ Cussons back to black yet ‘more to do’ in transformation
CEO Jonathan Myers praised improvements made in comments attached to the company’s annual report
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NewsMichaels Wholesale Foods enters liquidation
It is understood that the company ceased trading in August after a period of sustained financial difficulty
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NewsMorrisons reports ‘strong momentum’ despite food inflation crisis
Releasing its third quarter figures today, for the 13 weeks ending 27 July, the supermarket reported like-for-like sales up 3%, with total sales up 3.5% to £4bn
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NewsSupermarket volumes fall as inflation ramps up pressure on shoppers
Volumes at supermarkets have remained under pressure as growth at the tills continues to be driven by rising food prices
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NewsFood inflation hits highest levels since January 2024
It is the fifth month in a row that food prices have climbed, with increases for vegetables, cheese and fish, the Office for National Statistics reported
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NewsNestlé chairman Paul Bulcke steps down early following Laurent Freixe scandal
Bulcke was due to step down as chairman at the company AGM in April next year to be replaced by current vice chairman Pablo Isla but will now leave the role early following shareholder concern over governance at Nestlé
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NewsBone broth challenger Freja appoints new MD to help drive growth
Freja has appointed a managing director to drive the next phase of retail growth at the bone broth challenger brand
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NewsHain Celestial to ‘rapidly reset’ costs as turnaround plan falls apart
Hain Celestial has written half a billion dollars off the value of its assets, as its Hain Reimagined turnaround plan falters
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NewsUrban Legend prepares for collapse in blow to non-HFSS snacking
It is understood a deal has been agreed by an unnamed buyer for the IP and patented technology behind the company’s scientifically engineered non-HFSS doughnuts
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NewsUnilever confirms veteran Srinivas Phatak as new CFO
Phatak took on the acting CFO role in February after Unilever unexpectedly ousted CEO Hein Schumacher
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NewsBrits turn to supermarkets for school essentials after prices drop
Supermarkets saw a surge in sales of school clothes and lunchbox staples after investing in prices