Finance news – Page 15
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NewsAldi beats Christmas records as shoppers flock to discounters
Sales at the chain increased 3% year on year to £1.7bn in the four weeks to Christmas Eve, with consumers spending £500m in the week leading up to Christmas, a rise of more than 5% versus the same period in 2024
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NewsCotswold Fayre falls to loss but 2025 sales set for ‘strong growth’
For the year to 31 March 2025, the group suffered a loss after tax of £514.2k
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NewsCosta Coffee losses double as value-led competition grows
Operating losses widened from £5.8m in 2023 to £13.5m in the year to 31 December 2024
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NewsLidl reveals record Christmas as shoppers seek out value
The discounter welcomed almost 51 million customers through its doors over Christmas, an 8% year-on-year rise
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NewsLove Sum secures Sainsbury’s listing for chilled dumpling range
Love Sum was co-founded by MasterChef finalist Sandy Tang
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NewsCMA accepts UK sale to clear Vandemoortele pastry mega-merger
A mega-merger of European frozen pastry giants Vandemoortele and Délifrance has been cleared by the Competition ^ Markets Authority (CMA)
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NewsPZ Cussons announces new CFO
PZ Cussons has announced Jan Bramall as its next chief financial officer, as of 23 March 2026
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NewsMarkets watchdog launches inquiry into Hovis-ABF merger
The Competition & Markets Authority has launched a probe into Associated British Foods’ acquisition of Hovis from private equity group Endless
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NewsHeadcount slashed at Halewood Artisanal Spirits amid declining sales
The average number of employees at Halewood fell from 390 on 29 June 2024 to 225 by the end of this June
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NewsConsumer confidence edges up as budget blues settle
Consumer confidence has edged up by two points in GfK’s monthly barometer, as worries over November’s budget settle
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NewsWH Smith’s “difficult” end to year will not stop growth, CEO says
Despite a “difficult” year end rocked by a major accounting scandal, WH Smith is “well positioned” for growth at the end of 2025, its interim CEO has insisted
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NewsNaked Wines shares bounce following raised profit forecast
Naked Wines’ stock price has jumped 8.5%, after the company raised profit forecasts in a surprise trading statement
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NewsCampari offloads more liqueurs in €100m deal with Disaronno owner
It comes after Campari sold its Italian vermouth brand Cinzano in June
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NewsUK consumer confidence edges up but ‘remains gloomy’
Consumer confidence edged higher in December after a better-than-expected budget, according to the BRC
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NewsAlcohol-free Jump Ship Brewing hits £300k fundraising target
Jump Ship Brewing’s MD Sonja Mitchell told investors the funds would help expand the brewery’s market reach
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NewsGrowUp Farms rescued by former CEO in pre-pack administration deal
Marcus Whately, who ran the company for six years until November 2024, has acquired GrowUp Farms Ltd
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NewsPernod Ricard divests US wine assets in latest consolidation move
The deal covers its Mumm Sparkling California, Mumm Napa and DVX labels, but not the GH Mumm Champagne brand
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NewsDiageo agrees to sell EABL shareholding to Asahi for $2.3bn
In the fiscal year ended 30 June 2025, EABL reported net sales of $996m
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NewsGreencore sets January date for Bakkavor deal completion
Greencore has revealed the final date of completion for its £1.2bn mega-merger with rival Bakkavor
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NewsWeaker food and drink prices power sharp drop in inflation to 3.2%
UK inflation has fallen to its lowest rate in eight months – 3.2% – as a sharp drop in food and drink prices knocked consumer costs downwards