Finance news – Page 8
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NewsMomo Kombucha raises £2m in biggest funding round to date
The cash – raised from 24 angels, including Brixton Brewery co-founder Jez Galaun and Natoora founder Franco Fubini – is earmarked for a new fit out of the brewery at New Covent Garden Market to help the business scale faster
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NewsLuke’s Bakery ready for next chapter as Pipers Crisps founders invest
Sourdough startup Luke’s Bakery has scored backing from two experienced food industry figures
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NewsEvri-DHL merger wins unconditional approval
The Competition & Markets Authority has cleared a proposed merger between Evri and DHL, creating a combined group capable of delivering more than a billion parcels each year
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NewsRetailers cautious ahead of ‘golden quarter’ despite strong summer
The autumn budget will fall just days before Black Friday, making retailers uneasy about its impact on Christmas spending
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NewsPets Choice swoops for Kennelpak brands
Petfood manufacturer Pets Choice has swooped for several brands from collapsed wholesale petfood supplier and distributor Kennelpak
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NewsCapVest-owned Natra expands into peanut butter with Bredabest deal
The move would create a ‘powerhouse in sweet spreads and confectionery, combining expertise, innovation and scale to better serve customers across Europe and beyond’, according to Natra
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NewsTreatt sells up in £160m private equity takeover
Treatt has come under immense pressure from investors this year after twice downgrading its profit guidance
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NewsDomino’s enters fried chicken market amid faltering pizza sales
In contrast to the struggling pizza market, Brits’ insatiable appetite for fried chicken shows no sign of slowing
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NewsItsu Grocery credits NPD for 20% leap in turnover
UK turnover leapt 20% to £57m at Itsu’s grocery wing in 2024
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NewsGhost Ship’s Adnams tacks against headwinds to slash losses
Ghost Ship brewer Adnams has overcome sales headwinds to slash its operating losses by two-thirds (62.1%) in the first half of 2025
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NewsPlant-based plastic alternative company secures $14m funding
Xampla said it would use the cash injection to replace more than 10 billion units of the most polluting single-use plastics, including the plastic linings found in takeaway boxes, coffee cups and sachets
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NewsBrewDog borrows another £20m from TSG as sales growth stalls
Of the £20m borrowed, some £15m has already been drawn upon by the brewer
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NewsSunday trading shake-up on table as ministers aim to calm retail rates row
It’s understood the idea has been informally broached by Treasury sources
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NewsWarm weather credited with July UK retail sales uptick
Retail sales volumes climbed 0.6% month on month in July 2025, as the UK’s fifth-warmest July on record helped power a boost in shoe and clothing purchases
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NewsRetail footfall takes August hit despite high street gains
Retail footfall declined by a further 0.4% year on year in August, in a repeat of last month’s disappointment to retailers
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NewsNestlé shares under pressure as CEO Laurent Freixe sacked
Shares in Nestlé were under pressure once again this week as the Kit Kat and Nescafe supplier sacked its CEO Laurent Freixe following an investigation into his affair with a direct subordinate
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NewsWhittard hits £50m as international sales soar
Premium hot drinks firm Whittard of Chelsea has hit £49.8m in revenue after international sales soared by more than a quarter in 2024
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NewsNew customers help Cawston Press quadruple profits
Sales growth of 7.8% to £21.9m came despite tough challenges for Cawston Press
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NewsCompetition watchdog kicks off official review of Greencore-Bakkavor deal
The Competition & Markets Authority has officially launched its investigation into the Greencore-Bakkavor merger
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NewsBakkavor price hikes keep revenue rising ahead of takeover
The UK’s competition watchdog launched an investigation this week into the sale of Bakkavor