All Finance articles – Page 108
-
NewsCity snapshot: Sainsbury’s sells banking arm to NatWest
Sainsbury’s has a agreed a deal to sell its core banking operations to NatWest to significantly scale down its presence in the financial services sector. Plus, Tate & Lyle agrees £1.4bn acquistion and full year results from DS Smith
-
NewsMedia Bites 20 June: Young’s, inflation, Amazon
Soaring demand for Guinness helped pub group Young’s to a record full-year profit, as cool weather shifted Britons’ drinking tastes
-
NewsCity snapshot: UK inflation back at 2% as food prices fall
UK CPI inflation was back to the Bank of England target of 2% in May, as food prices fell back during the month compared to a rapid price rise a year ago
-
NewsMedia Bites 19 June: Asda/grocery market share, McDonald’s, China/EU
Asda has suffered a fresh slump in sales, new figures reveal, as the heavily indebted supermarket struggles to compete against its rivals
-
Category ReportCheese trends 2024: Battle of the heavyweights
The big cheese brands are back in growth and fighting for consumer attention. Who will win, and where does this leave smaller producers?
-
NewsCity snapshot: Grocery growth slumps amid wet weather and falling inflation
Take-home grocery sales rose by just 1% over the four weeks to 9 June 2024, marking the slowest increase since June 2022, as poor weather and falling inflation hit supermarket sales
-
NewsMedia Bites 18 June: shoplifting, royal warrants, James Watt
John Lewis and Waitrose have said “greed not need” is driving record levels of shoplifting
-
NewsThis gains £20m backing to accelerate meat alternatives growth
UK plant-based food company This has received investment worth £20m to accelerate its UK growth and expand its meat alternative product range
-
NewsCity snapshot: Vegan supplier This recalls product over e.coli fears
Vegan supplier This has become the third sandwich manufacturer to withdraw products due to possible contamination
-
NewsMedia Bites 17 June: Tesco, E. coli outbreak, Morrisons
Tesco continued to win market share and grow volumes in the first quarter, leaving the grocery giant on target to hit its full-year sales target of £70bn
-
NewsCity News: C&C Group shares crash amid departure of CEO
Troubled C&C Group saw a further share price fall on the news its CEO has stepped down and a huge €125m writedown of its Magners cider brand
-
NewsPladis reports record revenues as share gains boost trading
The owner of McVitie’s saw a £127m jump in sales last year as price increases and branded market share gains boosted trading
-
NewsCity snapshot: Tesco continues to grow UK grocery market share and volumes
Tesco has announced another ‘strong’ quarterly performance ahead of its AGM today, with UK market share gains and strengthening volumes
-
NewsMedia Bites 14 June: Labour manifesto, Brexit, Fuller’s
The release of Labour’s manifesto is the main news in this morning’s papers
-
NewsShareAction calls on Tesco to justify Ken Murphy’s £10m pay package
Murphy’s pay more than doubled last year, despite his fixed pay falling from £1.7m to £1.6m, with a bonus of £3.38m and shares worth £9.91m
-
NewsDirtea partners with Bear Grylls to get mushrooms to the masses
Dirtea has received a seven-figure investment from Bear Grylls as part of a new partnership, with the television presenter and adventurer becoming a global ambassador for the functional mushroom challenger brand
-
NewsCity snapshot: PayPoint profits rise on revenue growth
PayPoint has poisted a near 22% jump in underlying profits following strong revenue growth in its full financial year, helped by the acquisition of Love2shop
-
NewsMedia Bites 13 June: M&S, economy, Kroger
It’s a very quiet morning in the papers for fmcg news
-
Comment & OpinionFrom inflation to innovation: the tide is turning for fmcg
The fmcg industry can finally get back to what it does best: differentiated innovation that excites consumers, says Warren Ackerman, head of European consumer staples research at Barclays
-
NewsCommon Drinks raises six-figure funding to launch functional drinks range
Functional drinks startup Common has bagged a six-figure investment from a clutch of fmcg heavyweights as consumer demand for health-focused beverages continues to grow