Finance news – Page 8
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NewsMondelez’s high pricing puts off consumers
Volumes have fallen at Mondelez after sharp price increases cut into demand
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NewsKluraLabs secures £8m to roll out packaging innovation in UK retail
The Cambridge-based company’s technology is designed to slow the spoilage of food and reduce waste, improving logistics and efficiencies for retailers and suppliers
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NewsSt Austell Brewery ups stake in Cornish peer Harbour Brewing
St Austell has purchased shares sold by long-standing Harbour investor Rick Rowse
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NewsViña Concha y Toro acquires Provence rosé brand Maison Mirabeau
Founded by husband-and-wife team Stephen and Jeany Cronk in 2010, the Provence rosé brand is distributed in more than 40 countries, including the UK, the Netherlands and Australia
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NewsSupermarket volume sales hit by budgeting shoppers
Total till sales at the UK mults increased 4.1% in the four weeks to 24 January, up from 3% in December, according to data released this morning by NIQ
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NewsCarlsberg profits fizz thanks to Britvic combination
Annual revenues at the group in 2025 shot up 18.8% to DKK 89.1bn (£10.3bn) and volumes increased 17.7% following its first full year of ownership of the soft drinks supplier
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NewsHain Celestial kicks off turnaround with North American snacks sale
The sale will make Hain’s remaining portfolio ‘meaningfully stronger’ by allowing it to focus on higher-margin brands
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NewsPepsiCo to cut Doritos and Lay’s prices following consumer backlash
The snacks and beverage maker said ‘extensive consumer feedback around affordability limitations’ was behind the move
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NewsRiverford profits dip as it shoulders rising costs for customers
Riverford said organic demand had grown but its profit had not, as it had chosen to shoulder rising costs rather than pass them all onto customers
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NewsGrind eyes shift to profitability as grocery listings perk up sales
Net sales from Grind’s roastery business grew by 30% to £20.8m
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NewsColgate-Palmolive shares jump following strong 2025 results
Colgate-Palmolive’s strong top-line growth in the final quarter of 2025 has excited investors
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NewsGrocery inflation eases to lowest level in nine months
Despite the fall in inflation to 4% in the four weeks to 25 January 2026, shoppers continued to cut down on basket spend
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NewsAG Barr buys Fentimans and Frobishers in £50m adult soft drinks play
‘Double-digit’ profit growth at the Scottish drinks group helped fund the deals, with Frobishers’ £13m price tag paid entirely from AG Barr’s net cash position at the end of 2025
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NewsAussie whisky brand Starward reacquired by founder as Distill Ventures exits
Vitale sold a 30% stake to Diageo-backed incubator Distill Ventures in 2015
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NewsThe Tofoo Co acquires German plant-based producer Topas
Tofoo Co, backed by Comitis Capital, said it marked a significant step in its European growth strategy
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NewsHoly in £10m push to shake up UK soft drinks category
The brand will this year set up a dedicated UK-based operations team in London
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NewsConsumers still penny-pinching despite hopes for economy
Consumer confidence fell by 1.1 points in the final quarter of 2025 to –11.1%, reaching its lowest ebb in two years of reporting by Deloitte’s Consumer Tracker
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NewsKimberly-Clark and Kenvue shareholders back $50bn merger
The $48.7bn merger was overwhelmingly approved by both companies’ shareholders
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NewsKatherine Jenkins’ Cygnet Gin offloads stake to Robb Report
The ultra-premium gin brand founded by opera singer Katherine Jenkins has sold a minority stake to US luxury lifestyle publisher Robb Report for an undisclosed sum
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NewsAsda underpaid 53,000 workers sickness and holiday pay after Project Future error
Thousands of hourly Asda staff were incorrectly paid between February 2024 and May 2025, as a result of issues following its Project Future IT upgrade