Finance news – Page 308
-
NewsSME owners relying on personal savings to keep businesses afloat
One in seven SME founders have had to use personal savings to provide “immediate financial support” to their business, depsite available government support
-
NewsBuymie targets 15 cities as it secures €5.8m funding
The latest funding round takes Buymie’s total capital raised this year to over €8m
-
NewsMedia Bites 16 Jun: Shops reopening, two metre rule, restaurants
Shoppers flocked back to the high street as shops reopened on Monday leading to fears the two metre rule will be impossible to enforce
-
NewsCity snapshot: Greggs to reopen 800 shops for takeaway this week
After a successful trial, Greggs now plans a “larger scale opening of selected shops” with around 800 of them to be reopened to takeaway customers on Thursday
-
NewsPerformance nutrition brand ProFoods turns to the crowd for US launch
Performance nutrition business ProFoods Group has launched a crowdfunding campaign to oversee its expansion in the US market.
-
NewsSlow high street recovery and months of deadlock over rent bills predicted by agent Colliers
As non-food shops reopen, more young people will be attracted to high streets, but their spending power is limited
-
NewsCity snapshot: May Footfall slumps ahead of lockdown ease
UK retail footfall in May dropped over 80%, a shallower decline than April as more shops were allowed to reopen
-
NewsMedia Bites 15 June: Retail reopening, UK economy, US trade deal
High Street chains were braced this morning for the reopening of stores as they tempt shoppers back, with the City watching for signs that consumers are not afraid to head out.
-
NewsPepsiCo takes stake in £70m free-from brand Rude Health
PepsiCo has invested in Rude Health in a deal valuing the free-from brand at more than £70m, it has emerged.
-
NewsCity News: Premier Foods shares boosted by news of possible Hovis sale
The bread brand’s 51% owner Gores Group has reportedly hired banker Baird to find a buyer for Hovis
-
NewsGrocery delivery boom ‘here to stay’ after lockdown, research suggests
Demand for online grocery delivery services has not waivered despite lockdown easing, Him and MCA Insight said
-
NewsMedia Bites 12 Jun: UK GDP, Brexit talks, Unilever
The UK economy shrunk faster than during the financial crisis in April, the government relaxes post-Brexit border checks and Unilver proposes to move its company into one entity based in London
-
NewsCity Snapshot: Bakkavor sales ‘showing signs of recovery’ despite May sales drop
UK ready meals player Bakkavor has said its sales volumes have stabilised and show “early signs of recovery in all markets”. Plus, UK GDP posts the worst monthly fall in history, Mitchells & Butlers renegotiates lending facilities and all the rest of the latest news from the City
-
NewsUpfield invests €50m into ‘pioneering’ Dutch plant-based facility
The Flora owner will open the new Food Science Centre in Wageningen before the end of 2021
-
NewsDairy farmers to miss out on recovery funds as criteria is changed
The fund will now pay out to those who saw their milk price fall by 25% rather than lost 25% of their income
-
NewsPoundstretcher to ‘close a quarter of stores’ following review
The high street discounter has already closed around 30 stores during lockdown, in some cases permanently
-
NewsCity snapshot: Just Eat Takeaway to acquire Grubhub to create global delivery giant
The online delivery company will buy the US-based business for $7.3bn, in a move that will create the largest online food delivery company outside of China
-
NewsMedia Bites 11 June: Ocado, Just Eat/Grubhub, Morrisons
The surge in online food shopping has prompted Ocado to tap investors for £1bn to build more of its robotic warehouses
-
NewsOcado launches £1bn funding drive to capitalise on online shopping boom
Ocado is seeking to raise more than £1bn to capitalise on the boom in online grocery shopping brought about by coronavirus.
-
NewsBeyond Meat promises NPD and cheaper products as Dutch factory opens
The US plant-based giant has also acquired a second Dutch site dedicated to innovation