All Finance articles – Page 110
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NewsCity snapshot: Mondi and DS Smith agree £5.1bn merger
Packaging giants Mondi and DS Smith have agreed terms for a £5.1bn deal that will create “global leader in flexible packaging”
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NewsMedia Bites 8 March: Marks & Spencer, Tesco, salmon farming
The departing boss of Marks and Spencer has been tipped to run John Lewis
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NewsAlantra teams up with Brand Growth Heroes for challenger ‘Mini MBA’
Mid-market financial services firm Alantra has teamed up with the Brand Growth Heroes accelerator led by Fiona Fitzpatrick to launch a ‘Mini MBA’ for challenger brand founders
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NewsSamworth Brothers leads £3m investment round for non-HFSS doughnut brand Urban Legend
Samworth Brothers has taken a minority stake in Urban Legend as part of a multimillion-pound investment round to back national expansion at the ‘healthier’ doughnut brand
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Comment & OpinionDRS delays suggest tax cuts trump environmental action
The Grocer exclusively revealed the UK government’s deposit return scheme (DRS) faced being delayed, three years behind what was already a long delayed rollout
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NewsLittle Moons seeks new CEO as Mike Hedges departs
Little Moons has parted company with CEO Mike Hedges after only two years, with co-founder Vivien Wong taking charge while a replacement is found
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NewsCity snapshot: M&S joint CEO Katie Bickerstaffe to step down
Marks & Spencer has announced that joint CEO Katie Bickerstaffe will step away from the company this year
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NewsMedia Bites 7 March: Budget, M&S, EG Group, Premier Foods
The morning’s papers are filled with reaction to the latest Budget, but find room for news M&S joint CEO Katie Bickerstaffe is leaving the retailer
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NewsPukka Pies kicks off £100m potential sale process
Pukka Pies has kicked off an M&A process that could value the brand at upwards of £100m as supermarket sales of its savoury pastries continue to boom
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NewsGreggs targets more supermarket sites after ‘record’ annual profits
Greggs’ ‘record’ performance helped it overtake McDonald’s as the UK’s number one breakfast location
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NewsButlers Farmhouse Cheeses snaps up Tunworth owner Hampshire Cheese Co
The deal made Butlers the UK’s largest independent soft cheesemaker, Butlers said
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NewsLindt & Sprüngli improves margins on double-digit sales growth
Global confectionery giant Lindt & Sprüngli has posted double-digit sales growth and margin improvement last year, helped by price increases and a rebound in travel retail
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NewsMedia Bites 6 March: Greggs, Grocery market share, EG Group
The appetite for Greggs’ sausage rolls and steak bakes shows no sign of slowing down after the bakery chain dethroned McDonald’s to become Britain’s most popular breakfast spot
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NewsCity snapshot: Vimto appeal boosts Nichols in 2023
Soft drinks group Nichols has hailed a “strong” performance in 2023 as the strength of the Vimto brand in the UK and overseas boosted revenues and profits. Plus, Premier Foods will suspend deficit contribution payments from the 1 April and Science in Sport issues a full-year trading update
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NewsMeat snacking brand Ember adds three fmcg big hitters to its board
Tim Rees, Mark Palmer and John McKinley will advise brother founders Jack and Harry Mayhew on the next stage of the brand’s rapid growth
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NewsCity snapshot: Grocery sales growth slows as food price inflation eases
Supermarket sales growth slowed to 5.3% during February as food price inflation continues to fall. Plus results from Greggs, Bakkavor and all the rest of this morning’s news from the City
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NewsMedia Bites 5 March: Budget, Caffè Nero, EG Group
The papers focus on tomorrow’s Budget, with M&S boss Stuart Machin hitting out at the tax burden faced by retailers
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NewsGrwth Club launches venture fund for fmcg startups
Grwth Ventures is founded by Joe Benn and Jake Higgins with a £5m cornerstone investment from media agency MNC
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NewsSniffers Pet Care scores follow-on funding from PE backer Traditum
Pet treat supplier Sniffers Pet Care has secured an £850k investment to ramp up production at its Yorkshire factory
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NewsEG Group sees full-year profits dip as fuel prices fall
Forecourt giant EG Group saw full-year profits dip last year on lower fuel prices and ‘oil volatility’