Finance news – Page 534
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NewsMedia Bites 14 March: EU trade, Asda, Petrol prices
A deal to avoid trade tariffs with the EU after Brexit will be imperative as the UK seeks to safeguard its long-term future, peers have warned.
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NewsAsda leads fuel price cuts across supermarket forecourts
Average fuel prices had risen by 16.8% in the last year…
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NewsAsda to hike basic wage in exchange for pay and role changes
Asda claimed 95% of current colleagues would be better off if they chose to move to the new contracts
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NewsBristol Airport to get M&S Simply Food outlet from SSP
Bristol Airport commercial director Simon Preece said the store would significantly enhance the retail offer for passengers
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NewsIrish 'hard border' must be avoided, urge food trade bodies
Disruption to established cross-border supply chains would cause “significant economic damage” for both countries
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NewsCity snapshot: Management team to depart early at troubled Aryzta
Swiss bakery goods supplier Aryzta is accelerating wholesale changes to its management team after its first half earnings slumped by more than 30%. Plus a look ahead to the week in the City and all the latest news from the markets this morning.
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NewsMedia Bites 13 March: Craft Brewers, McVitie's, M&S, Morrisons
The number of brewery launches leapt by 55 per cent in Britain last year as the craft beer boom continues.
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NewsKers to depart Müller as Lindt & Sprüngli’s Uwe Sommer becomes group CEO
Kers will stay on during the transition period but is then expected to bow out of the business
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NewsHubbub delivery service to close in face of tough competition
Hubbub said its last day of trading was proving “really busy” and that it would “go out with a bang”
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NewsWalker's Iceland tops 2017's Top 50 ranking
Iceland has gone straight to number one as it enters the Top 50 Independents ranking for the first time
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NewsMorrisons struggles to impress City despite strong growth
The City is hard to please. One might expect an enthusiastic reception to Morrisons growth
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NewsCity snapshot: Inflation returns to UK grocery
Supermarket shelf prices are on the rise for the first time in more than two-and-a-half years, according to the latest Grocer Price Index
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NewsMedia Bites 10 March: Morrisons, John Lewis, Tesco
A busy day of retail news sees heavy coverage of Morrisons’ trading rebound, John Lewis Group’s bonus cut and Tesco’s pay error.
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NewsTyrrells boosts annual sales at Amplify
US food group Amplify Snack Brands saw fourth quarter sales almost double following its acquisition of UK crisp brand Tyrrells.
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NewsWaitrose posts 0.2% fall in like-for-like sales
Retailer warns of “significant one-off costs” and trading pressures ahead
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NewsCity snapshot: Morrisons turnaround well under way as profits surge
Morrisons has delivered its first year of like-for-like growth and underlying pre-tax profit since 2011/12
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NewsMedia Bites 9 March: Budget, Brexit, shrinkflation, Stock Spirits, Restaurant Group
The Budget is, predictably, the main focus for the papers today as Chancellor Philip Hammond set out his post-Brexit path for the British economy.
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NewsJames Convenience Retail puts 10 Supernews sites on market
JCR owner Jonathan James acquired the sites when he bought Rippleglen parent company First Stop News in March last year
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NewsChancellor’s £435m business rates relief package just ‘a drop in the ocean’
Short-term relief measures are not enough and proper reform is needed, leading retail voices have said
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NewsBudget 2017 - as it happened
Catch up on the key announcements for grocery retail and fmcg, including business rates and sugar tax