Finance news – Page 3
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NewsBrewDog pulls plug on all distilling brands except RTD cocktails
BrewDog will ‘sharpen its focus’ to concentrate on beer and the higher-growth RTD market as part of an ongoing restructure
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NewsBarry Callebaut hires former Unilever boss Hein Schumacher
Schumacher has joined Barry Callebaut with a remit to ‘embark on a new chapter of growth, value creation and industry leadership’
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NewsAsda Income Tracker: six in 10 households feel worse off
Spending power for the lowest 20% of earners was down by 5% year on year in December, according to the latest monthly figures
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NewsIRO Sushi delivers ‘record 2025’ as sales surge
Over the period, the group sold more than 2.6 million portions of Chicken Katsu Curry
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NewsModern Milkman secures £10m investment to expand doorstep proposition
It brings the business’ total funding to over £60m
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NewsSteven Bartlett pulls Scottish bakery back from brink after scam
Steven Bartlett is among those helping The Rebel Baker recover from £8,000 scam
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NewsVirgin Wines delivers ‘strong’ Christmas
Virgin Wines has succeeded in attracting more customers to the at-home delivery wine service over Christmas, boosting sales over the festive trading period by 5% year on year
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NewsCranswick celebrates record Christmas
Premium added-value products performed particularly well, including festive grazing platters, the group said in a third-quarter trading statement this morning
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NewsA third of retailers issued profit warnings in 2025
While the number of profit warnings in the sector fell overall in 2025, retailers were hit by a particularly tough Q3
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NewsPlastic-free seaweed polymer maker Plantsea smashes crowdfunding target
Seaweed-based, biodegradable membrane innovator Plantsea has ‘smashed’ its £500k crowdfunding target to raise £845k, taking it a step closer to cutting plastic out of laundry capsules
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NewsCaffè Nero profits and sales surge amid menu changes and expansion
Like-for-like sales grew 7% with overall sales up 13% to $800m (£585.2m) in 2025
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NewsJames Watt ‘considering bid to buy back control of BrewDog’
BrewDog is understood to be working with advisors on its future
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NewsModella receives bids for The Original Factory Shop
The interest led Modella to extend a notice of intention to appoint administrators for The Original Factory Shop
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NewsWH Smith shares buoyed by appointment of Leo Quinn as exec chairman
WH Smith shares rose 9.9% in early trading on 19 January, following the announcement
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NewsSymprove snapped up by US supplement supplier Metagenics
Metagenics has retained Symprove’s management team, including founder and chairman Barry Smith and CEO Will Bowler
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NewsNcuti Gatwa invests in functional hydration challenger Punchy
Sales of Punchy’s hydration range grew by 308% in 2025, according to the brand
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NewsPoundland like-for-like sales continue to fall after 2,200 jobs shed
The decline in like for like value sales was despite an uplift in like for like volumes, as prices were cut
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NewsSSP Group gets off to good start with ‘encouraging’ Q1
Food-to-go specialist SSP Group has reported encouraging early trading in its first quarter as like-for-like sales rose 5% in the three months to 31 December
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NewsC&C Group issues profits warning amid weak consumer confidence
C&C Group has issued a profits warning as trading towards the end of 2025 fell below expectations as cash-conscious consumers cut down on drinking to save money
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NewsCawston Press expands in low & no with acquisition of Loah beer
Soft drinks supplier Cawston Press has expanded its reach into the rapidly growing no & low alcohol category with the acquisition of Loah for an undisclosed sum