Finance news – Page 633
-
NewsM&A at Finsbury sweetens management pay packets
Executives at Finsbury have enjoyed bonuses worth more than £1m after delivering strong profits growth and completing “transformational” deals at the cakes and baked goods supplier.
-
NewsTesco chairman John Allan invests £286k in shares and bonds
Tesco chairman John Allan has bought £100k of shares in Tesco and invested £186k in Tesco’s corporate bonds.
-
News2 Sisters invests £150m to drive poultry turnaround
2 Sisters has announced a £150m in its poultry business to “revolutionise” its supply chain as it seeks to return to growth after a year of restructuring
-
NewsCity snapshot: 2 Sisters to invest £150m in poultry business as full-year sales fall
2 Sisters Food Group is planning a major £150m multi-year investment in its poultry business as it looks to get back into growth
-
NewsMedia Bites 27 October: Majestic Wine, WHO report, Nestlé, Walmart
A quiet day in the papers as expected as half-term gets fully underway, however, Majestic Wine’s decision to scrap its six-bottle minimum garners plenty of space, as does news that the WHO has linked sausages, bacon and ham to cancer.
-
NewsFeel Free set for retail push after £200k crowdfunding campaign
Gluten-free food brand Feel Free has hit its £200,000 crowdfunding target at the 11th hour after offering a bigger stake in the business to get the campaign over the line.
-
NewsAldi to become highest-paying UK supermarket
Aldi looks to trump rivals with new £8.40 per hour minimum wage
-
NewsMajestic Wines drops six-bottle minimum across business
Majestic is to drop the six-bottle minimum purchase rule across its business from tomorrow (27 October)
-
NewsCity Snapshot: Aldi ups pay to £8.40 an hour
Aldi has pledged to raise pay for its employees across the UK, Majestic Wine drops six bottles minimum purchase policy and all the rest of the latest news from the City.
-
NewsMedia Bites 26 Oct: Tesco, AB InBev, Sainsbury's
Tesco should soon be able to draw a line under its disastrous venture into the United States.
-
NewsCarl Ravenhall joins First Milk as non-executive director
Ravenhall stood down from Müller Wiseman during the summer
-
NewsCott Beverages feels effect of own-label soft drinks decline
Revenues have fallen 3% at Cott Beverages as the UK market for own-label soft drinks declined
-
NewsAsda goes back to basics in major strategy u-turn
Asda boss Andy Clarke was this week forced into a u-turn just 18 months into the launch of a five-year strategic plan
-
NewsCity Snapshot: UK discretionary incomes up 10.6%
Asda’s latest Income Tracker has revealed that average household disposable income is up 10.6% year-on-year, while Waitrose weekly sales rise 1.1% and Science in Sport raises £8.9m.
-
NewsMedia Bites 23 Oct: Retail sales, sugar tax, McDonalds
Government figures showing a boost in retail spending in September are the heavily covered in this morning’s papers.
-
NewsVita Coco coconut water sales rocket despite Innocent entry
Growth at coconut water brand Vita Coco has continued to rocket despite Innocent muscling into the category
-
NewsBurton's Biscuit Co sales hit by failed UB takeover
Wagon Wheels manufacturer Burton’s Biscuits suffered a sharp drop in sales in its first year under Canadian ownership, as its attempts to grow through acquisitions were thwarted.
-
NewsFrance is top European destination for Scottish food & drink
Exports to France have soared by 50% since 2007
-
NewsRugby World Cup promotions drive retail sales
Supermarket price wars and the Rugby World Cup have provided a shot in the arm for retail sales in food stores last month, according to the latest official figures.
-
NewsCity Snapshot: Mothercare second quarter UK like for like sales up 6.5%
Baby goods retailer Mothercare reports a 6.5% rise in second quarter like for like sales, while Debenhams CEO quits and Reckitt’s shares are boosted by its third quarter sales boost.