Finance news – Page 490
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NewsTesco whistleblower claims managers ignored jail fears
Senior members of the team were desperate to ‘cover the gap’ in budget targets, jury told
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NewsMindful Chef smashes £1m crowd target in less than a week
Mindful Chef has smashed its £1m crowdfunding target in less than a week, adding 500-plus investors to the recipe box delivery company’s army of shareholders.
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NewsThird of shoppers vow to change chicken buying habits after scandal
A food safety scandal enveloped 2 Sisters Food Group last week…
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NewsKellogg's sales continue to slide in the UK
A declining UK cereal market continues to hamper sales at Kellogg’s as its Special K, All Bran and Crunchy Nut brands fell out of favour with shoppers.
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NewsCity snapshot: Gruppo Campari sells Lemonsoda business to Royal Unibrew in €80m deal
Gruppo Campari has reached an agreement to sell the Lemonsoda business to Danish-based beverage producer Royal Unibrew in a deal worth €80m
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NewsMedia Bites 5 October: Tesco, McColl's, PepsiCo, Amazon
News of Tesco’s impressive recover dominates business coverage in today’s papers, with room for the latest in the ongoing accounting scandal trial.
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NewsEx BrewDog MD Gareth Bath joins Chapel Down as beer boss
The appointment is part of the English winemaker’s “ambitious plans” for beer and cider brand Curious
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NewsIceland joint-MD Nick Canning leaves the business
CEO Malcolm Walker informed staff of Canning’s departure last week
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NewsSenior bosses face least family-friendly working says Mumsnet
Workers at the top of the career ladder find it hardest to combine their working lives with family pressures finds survey
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NewsJames Lancaster leaves McColl's as P&H speculation mounts
Lancaster is reported to be working with private equity firm Carlyle Group as it looks to complete a takeover for the wholesaler
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NewsChicken exposé had 'zero impact' on sales at Tesco
CEO Dave Lewis says supermarket has seen ‘nothing in terms of change in buying patterns’
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NewsThe Lakes Distillery secures major deal with M&S
The Lakes Gin and The Lakes Vodka will roll out across 26 M&S stores in the north west and north east of England
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NewsMedia Bites 4 Oct: Tesco trial, Britvic/Unilever, 2 Sisters, Greggs
A number of senior Tesco staff resigned and “people were in tears” because they felt so “compromised” about being asked to “misreport” profits, a court has heard.
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NewsCity snapshot: Tesco hails turnaround as first half profits jump 27.3%
Tesco has declared its turnaround “firmly on track” after positing a 27.3% jump in first half group operating profit before exceptional items and its seventh consecutive quarter of sales growth. Plus, McColl’s founder James Lancaster steps away and all the rest of the latest news from the City
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NewsSir Malcolm Walker crowned winner of The Grocer Cup 2017
Industry veteran Walker picked up the trophy before hundreds of attendees at the IGD Awards Dinner
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NewsBurts Chips increases capacity at Plymouth factory by 20%
Completing a £3m investment programme for 2017, a new high-speed potato frying line will help meet growing demand
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NewsUnilever mulls Norwich factory exit for Colman’s, after Britvic move
Unilever has announced that it is considering the potential closure of its Norwich factory after plant co-owner Britvic said it is to exit the site
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NewsTesco accounting scandal 'consumed life' of whistleblower
Court told two other Tesco employees quit their jobs over pressure to guard the “biggest kept secret”
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NewsTesco target chase 'spiralled out of control' court told
The court heard that by July 2014 Tesco employees had made several attempts to highlight “unrealistic targets”
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NewsGreggs launches first home delivery trial with UberEATS
The service was launched yesterday and is available exclusively through the UberEATS app