Finance
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News AnalysisProperty not pints at the centre of Greene King takeover
Former PM David Cameron famously treated Chinese president Xi Jinping to a pint of Greene King IPA on a state visit back in 2015, but it isn’t a taste for the brewer’s signature beer that has persuaded Hong Kong’s richest man to shell out £2.7bn to buy up the pub group.
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Farmdrop adds £5m to total raised as it expands across UK
Farmdrop has issued just over £5m worth of new shares as it continues its nationwide expansion
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Vegan petcare brand Hownd turns to crowd for £150k fundraise
Hownd has reached out to the crowd for investment, seeking £150k to accelerate growth and develop new products
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Supreme Imports eyes standalone flotation for 88 Vape
MD Sandy Chadha told The Grocer it was mulling a pureplay float of its vaping business
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City snapshot: Supreme Imports considers standalone vaping float
Supreme Imports is considering floating its 88 Vape brand as a standalone business after returning to profit growth
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Media Bites 23 Aug: Ocado, Morrisons, Jamie Oliver
Ocado’s customer orders have been disrupted by another warehouse fire six months after a blaze destroyed its robot-controlled depot in Hampshire
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Lotus Bakeries launches incubator fund with Peter’s Yard investment
Belgium’s Lotus Bakeries, recent acquirer of snack brands Bear, Nakd and Kiddylicious, has launched an incubator fund and made another investment in the UK healthy snacking sector.
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UK retail sales crumble at fastest rate in over 10 years
CBI figures showed that, in the year to August, both retail sales volumes and orders fell at the fastest pace since December 2008
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Morrisons to close four stores, risking hundreds of jobs
The supermarket said the decision had been taken after a review of the performance of its existing estate
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Government faces backlash over ‘bamboozling’ Brexit immigration move
It has said it intends to bring an end to freedom of movement on Halloween in the event of a no-deal
