All Finance articles – Page 112
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NewsBlockhead appoints liquidators weeks after running crowdfunding campaign
Functional chewing gum startup Blockhead has collapsed just weeks after attempting to raise £500k in a crowdfunding campaign
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NewsBakkavor scoops up Moorish houmous brand
Founded by Julie Waddell in 2012, Moorish generates annual revenues of about £2m and is stocked by the major supermarkets and independent retailers
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NewsMedia Bites 23 May: M&S, UPFs, inflation
The front pages of today’s papers are dominated by the suprise election but sparkling M&S annual results also receive blanker coverage
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NewsCity snapshot: ‘Robust’ year for Tate & Lyle as it completes transformation with $350m sale of Primient
Tate & Lyle has completed its transformation to become a growth-focused speciality food and beverage ingredients business with the sale of its remaining interest in Primient for $350m. Plus, full-year results from Tate & Lyle, a Q1 update from Bakkavor, Coca-Cola Europacific Partners appoints CFO and Gusbourne publishes annual results
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NewsYorkshire Tea grabs highest-ever share of black tea category as Bettys & Taylors profits soar
Hot drinks supplier Bettys & Taylors has returned to double-digit sales growth, pushing revenues close to £300m as Yorkshire Tea extended its number-one position in the UK black tea market
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Comment & OpinionM&S finally puts turnaround doubts to bed with ‘glittering results’
The business is being hailed as the UK’s new ‘retail champion’
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NewsDanone invests €70m into medical nutrition capabilities
The majority of the investment will be spent on installing a new medical nutrition production line
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NewsUnilever Graze integration putting ‘significant number of jobs at risk’
Graze is losing its independent status after owner Unilever set in motion plans to integrate the snacking brand into the wider group, with a significant number of jobs on the line as a result, The Grocer has learned
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NewsOff-trade bolsters Adnams topline but losses widen on rising costs
The brewer recorded topline growth for the third consecutive year
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NewsMedia Bites 22 May: Kantar, Nestlé, THG
This morning’s papers focus on UK grocery inflation falling to near its historical average as they pick up on the latest data from Kantar
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NewsFood and drink M&A activity hits eight-year high
M&A activity in food and drink has picked up in 2024 as market conditions continued to ease, with deal numbers hitting their highest levels since 2016, according to a new report released this morning
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NewsCity snapshot: New beginnings for M&S as profits soar
Marks & Spencer has declared the start of a new era as its turnaround plan delivered bumper profits and sales growth. Plus, UK inflation falls to “normal” levels and losses widen at brewer Adnams
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NewsPukka names Isaac Fisher CEO under continued family ownership
Fisher has the ‘full support’ of the founders’ sons, Tim and Andrew Storer
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NewsMission readies £1.3m crowd raise to fuel growth
Natural energy drinks brand Mission is prepping a £1.3m crowdfunding campaign to fuel its growth over the next two years
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NewsBio Dima to reduce food waste with help from six-figure loan scheme
Established in 2015, the Hertfordshire-based company works with farms across Europe, importing fresh seasonal organic produce
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NewsLidl share reaches record high as Aldi growth continues to slow
Of the traditional big four, Asda is the only one whose sales are down year on year, by 2%
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NewsGood Guys Bakehouse completes six-figure raise from fmcg heavyweights
Angel investors backing the business include former Pladis UK boss Nick Bunker, David Bell, currently chairman of Hackney Gelato and a former director at Mars UK and Young’s Seafood, and former Graze COO Tom Carroll, who was also CEO at British Corner Shop
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NewsMedia Bites 21 May: Reckitt Benckiser, Aldi, M&S
Activist investor Eminence Capital has built a stake in Dettol and Nurofen maker Reckitt, piling further pressure on the consumer goods group whose share price has plunged over fears that its baby formula business could be on the hook for billions in damages
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NewsCity snapshot: Demand for chicken and pork boosts Cranswick
Meat processor Cranswick has hailed a year of “strong” financial progress as demand for chicken and pork recovered. Plus, the latest Kantar grocery market share data, first-half results for Greencore and SSP, and a trading update from Naked Wines
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NewsBrowns Food Group targets £100m sales jump for Scottish pork
The processor said it was in discussions with major retailers over increasing the availability of Scottish pork following its acquisition of the Brechin abattoir in 2022