Finance news – Page 649
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NewsMilk protests: Sympathy works two ways
Instead of lashing out at supermarkets, dairy farmers need careful, balanced analysis of their situation
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NewsCity snapshot: Forecourt price war intensifies
The supermarket petrol price war looks set to step up another level today with Morrisons announcing a major price cut
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NewsMedia bites 10 August: Supermarket profits, Tesco, Morrisons
The turmoil of the supermarkets has caused UK plc profits plunge, according to The Telegraph.
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NewsLily's Kitchen secures cash boost from US firm Catterton
Fast-growing petfood business Lily’s Kitchen has been boosted by a cash injection from US private-equity firm Catterton…
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NewsTags Tasty Crisps' grip on mults speeds up after Dragons' Den
Tags says it has seen sales in Asda more than triple this week since the airing of a successful pitch on Dragons’ Den
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NewsProfits sour further as Real Good Food looks to put sugar woes in the past
Real Good Food has reported widening losses in a year dominated by the market issues in sugar. The group said the “transformational” disposal of Napier Brown had now created a “strong” financial platform for future growth.
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NewsCity snapshot: Losses double at Real Good Food
Full-year losses more than doubled at Real Good Food (RGD) as revenues collapsed in its now sold sugar division Napier Brown, plus Waitrose’s weekly sales rise and all the latest from the City.
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NewsMedia Bites 7 August: Coca-Cola European Partners, Mondelez, retail sales
There is plenty of coverage of the bottling mega-deal to create Coca-Cola European Partners.
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NewsLakeland and Fane create dairy and agri powerhouse with mergers
Irish milk processor Lakeland Dairies has partnered with fellow co-operative Fane Valley to create two joint venture businesses with combined revenues of £605m.
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NewsBrakes tipped to go for IPO rather than private sale
Foodservice giant Brakes looks likely to buck the trend of choosing a sale over a stock market flotation…
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NewsMetro Group sees sales fall, dips into M&A
The deal will see Metro Cash & Carry expand its presence in wholesale to another 10 countries
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NewsGlens of Antrim Potatoes set for export drive
Northern Irish supplier Glens of Antrim Potatoes is targeting new export markets in Great Britain and Europe
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NewsCCE agrees €28bn three-way merger to create European Coke bottling giant
Coca-Cola Enterprises has agreed a merger with fellow Coke bottles in Iberia and Germany to create a new $12.6bn Western European Coca-Cola bottler.
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NewsMedia bites 6 August: Mondelez, Sunday trading, Morrisons
Activist investor seeks Mondelez sale, while retailers attack Sunday trading plans.
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NewsCity snapshot: Kerry Group ups guidance after 4.7% first half growth
Irish food group Kerry Group saw revenues rise 4.7% in the first half of the year
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NewsSunday trading hours consultation: industry reaction
The proposals have proven controversial in some sectors, especially with smaller traders
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NewsKettle Foods appoints Ashley Hicks as new MD
Hicks, who takes up the role on 31 August, has been with Tesco for around five years
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NewsGovernment launches six-week Sunday Trading consultation
The government has today launched a consultation on its plans to relax current Sunday trading laws by giving local areas the power to allow large shops to open for longer
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NewsMedia Bites 5 Aug: Sunday trading, Unilever, Kellogg's
The expected announcement of new powers for local councils to decide Sunday trading hours are well covered today.
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NewsCity snapshot: Deflation ticks up to 1.4% in July
Overall shop prices reported an increase in deflation to 1.4% in July from 1.3% deflation in June, according to the BRC-Nielsen Shop Price Index.