Finance news – Page 51
-
NewsMedia Bites 16 July: Ocado, Brexit
Investors in Ocado suffered fresh losses as City analysts questioned whether the online grocer should remain a listed company
-
NewsMedia Bites 15 July: Unilever, Tesco, Hotel Chocolat
Unilever is planning to cut up to 3,200 office jobs in Europe as its new chief executive presses ahead with drastic restructuring
-
NewsCity snapshot: Tesco eyes another £1bn in Finest sales
Tesco is aiming to boost sales of its upmarket Finest own label range by an extra £1bn as it targets winning customers from Waitrose and Marks & Spencer
-
NewsCity news: SSP Group shares boosted by positive momentum
SSP Group shares received a double-digit boost this week after its third quarter trading was boosted by fewer railway strikes in the UK and improved consumer sentiment.
-
NewsNoble Foods delivers rise in core profits
Happy Eggs producer Noble Foods Group saw headline losses increase last year, but sales and underlying profitability improved despite “challenging” conditions
-
NewsCity snapshot: Activist investor Oasis Management ups stake in Greencore
Activist investor Oasis Management has become Greencore’s largest shareholder, a report in the Financial Times notes, adding pressure on the group to accelerate turnaround plans
-
NewsMedia Bites 12 July: Poundland/Pepco, Greencore, UK economy
Poundland owner Pepco said sales were hit as disruption in the Red Sea delayed its summer stock getting to stores
-
NewsCoffee prices to soar to new heights, Lavazza warns
Coffee prices are on course to rise further from current record highs as poor harvests, supply chain disruptions and new EU deforestation regulations continue to hammer roasters, Italian group Lavazza warned
-
NewsWaitrose ‘in talks’ with British Corner Shop to potentially rekindle relationship
Waitrose was BCS’s main retail partner before the online grocer joined forces with M&S in 2021
-
NewsCity snapshot: Poundland like-for-like sales decline on supply chain issues
Poundland owner Pepco Group has posted a drop in like-for-like sales in its third quarter, amid a sharp drop in organic sales at Poundland
-
NewsMedia Bites 11 July: SSP, Wetherspoons, Body Shop
A good day for SSP and Wetherspoons chairman Tim Martin calling for chancellor Rachel Reeves to slash taxes make the papers today
-
NewsCrowdfunding platform Seedrs rebrands as Republic Europe
Crowdfunding platform Seedrs has rebranded as Republic Europe following a takeover by a US-based financial technology firm
-
NewsOSY Group scores further Innovate UK backing for shelf life extending tech
Food tech firm OSY Group has received a five-figure grant to accelerate growth for its flagship technology to increase the shelf life of fresh produce
-
NewsFrench baker secures UK presence with takeover at Village Bakery
M&S bread supplier Village Bakery has been acquired by French family bakery group Menissez
-
NewsHolland & Barrett transformation boosts revenues but drags on profitability
Holland & Barrett has boosted revenues by £81m as an ongoing transformation plan attracted more customers to its stores, but losses at the health and wellness retailer widened
-
NewsJimJams raises £300k to target expansion in foodservice and out-of-home
Chocolate spreads challenger JimJams has secured six-figure backing to support the next stage of growth as it expands its reach into the foodservice channel
-
NewsCity snapshot: SSP Group on track as reduced industrial action helps lift Q3 sales
The Upper Crust operator said in a trading update that it had started the second half of its financial year “well”, with positive momentum from the first six months continuing in Q3
-
NewsMedia Bites 10 July: sugar tax, coffee prices, business confidence
The sugar tax led children’s sugar intake to fall by almost one teaspoon per day, according to a study picked up in today’s papers
-
NewsCity snapshot: Poor weather hits June retail sales
UK retail sales fell backwards year on year in June as damp weather hit consumer spending during the month, according to the latest BRC-KPMG Retail Sales Monitor
-
NewsMedia Bites 9 July: Britvic/Carlsberg, Asda, tea prices
An agreement between Carlsberg and Britvic on a £3.3bn takeover makes headlines in today’s papers