Finance news – Page 14
-
NewsCarlsberg growth propped up by Britvic acquisition
The Danish brewer is several facing struggles such as weak demand, tariffs and poor weather
-
NewsVertical farming company Vertical Future appoints administrators
The London-based business was placed into administration on 12 August
-
NewsTwo Morrisons stores sold to US-based REIT for £51m in latest property deal
The two stores in Loughborough and Ilkeston will be leased to Morrisons on a long-term triple-net basis
-
NewsFrugalpac launches £5m crowdfund campaign for Frugal Bottle expansion
The Ipswich-based business has already secured £1m from existing and new investors ahead of the launch of the campaign on the Crowdcube platform
-
NewsStocked readies retail expansion as it secures seven-figure sum in seed funding round
Backers in the £1.3m seed round include consumer-focused investment firm Active Partners, serial fmcg investor Giles Brook, Olympic triathlon champion Alistair Brownlee and former England rugby player Will Greenwood
-
NewsTreasury Wine Estates revenues boosted by China exports
Underlying profits at the group jumped 17% for the year to A$770.3m
-
NewsGlanbia lifts earning guidance following ‘resilient’ first half
The London-listed nutrition group increased revenues by 6% to $1.9bn in the six months to 5 July, with volumes up 0.9%, prices by 3.4% and 1.7% coming from acquisitions
-
NewsEG Group exits Italy with €425m forecourt sale
The deal will mark the Blackburn-headquartered group’s full exit from the Italian market as it continues to execute its strategy to focus on core markets and strengthen the balance sheet
-
NewsDawn Meats agrees to £110m investment in New Zealand red meat processor Alliance Group
Dawn Meats has agreed to invest NZ$250m in New Zealand’s largest processor and exporter of sheepmeat Alliance Group
-
NewsHunter & Gather set for next stage of growth as it raises £1m
Hunter & Gather has secured a further £1m in investment to fuel a retail expansion and support new product development
-
NewsPackaging tax driving food inflation and worse to come, says Bank of England
In its Monetary Policy Report for August, the bank says the introduction of EPR is one of the reasons UK food inflation is outstripping that seen in the EU
-
NewsHigher food sales ‘barely touching the sides’ of extra labour costs
Rising food inflation meant increased spending was more due to higher prices than rising demand
-
NewsAstonish cleans up with double-digit revenue growth
Revenues jumped 15% to £66.5m in the year to 31 May 2025 at the Yorkshire-based family-owned company
-
NewsIceland slips to loss as supply chain and employment costs surge
Iceland warns of food inflation this year due to labour costs arising from last autumn’s budget
-
NewsRobbie Williams backs Australian non-alcoholic beer brand Heaps Normal ahead of UK launch
The exact sum invested and equity received by Williams was not disclosed
-
NewsUK companies cut back on hiring over tax and labour costs
The Bank of England is watching the jobs market closely as it weighs up further rate cuts
-
NewsPapa Johns returns to sales growth as Q2 results ‘exceed expectations’
The pizza chain expects to open 180 to 200 restaurants in its international markets this year
-
NewsKrispy Kreme earnings plummet as UK refranchising plans kick off
Krispy Kreme attributed the decline primarily to the impact of ‘unsustainable operating costs’ of its McDonald’s US partnership
-
NewsRicky Gervais’ Ellers Farm Distillery acquires 6 O’Clock Gin brand
The deal is Ellers Farm’s first acquisition
-
NewsRetail footfall “stubbornly negative” in July
Retail footfall remains “stubbornly negative” compared to 2024, with July the third month in a row to record fewer consumers in shops