All Finance articles – Page 123
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Comment & OpinionChaos uncorked as wine industry rages at duty price changes
The government’s plan to tax wine like beer and spirits has provoked the industry’s ire
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NewsGrowUp Farms appoints former Ella’s Kitchen boss Will Howard as UK MD
Howard, who joined in February, will oversee a scaling up as the business grows to sell more than one million bags of salad a week
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NewsBeer52 moves into distribution with pre-pack deal for Eebria
It came after Eebria was placed into administration on 19 March
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NewsCity snapshot: Food price inflation slows significantly in February
Inflation has eased to its lowest levels in the UK for more than two years as the rising cost of food slowed significantly in February, according to new official data released this morning
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NewsMedia Bites 20 March: Unilever, Tesco/Lidl, Diageo
Unilever’s plan to spin off its ice cream business dominates today’s business sections
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Comment & OpinionMorrisons must sell suppliers a clear turnaround vision
The next stage requires more strategy from Morrisons and serious judgement from suppliers, says David Sables, CEO of Sentinel Management Consultants
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NewsValeo Foods secures €50m cash injection from Bain as turnaround begins
Valeo Foods has secured a €50m cash injection from private equity owner Bain Capital as a turnaround at the ambient giant gets underway
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NewsMajestic eyes move for bar chain Vagabond Wines
A move for Vagabond would see Majestic further grow its physical footprint
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NewsHolland & Barrett suppliers outraged over ‘unacceptable’ changes to payment terms
‘It would be carnage if we tried to do a price increase without first giving the heads up to our contacts,’ one supplier told The Grocer
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NewsUK Salads suppliers still looking for produce buyers, three weeks after collapse
Two suppliers have told The Grocer they have not heard from UK Salads or Aldi since administrators were appointed
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NewsDiageo appoints non-exec director John Manzoni as chair
Manzoni first joined the Diageo board in October 2020
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NewsCity snapshot: Unilever to separate ice cream business as part of growth plans
Unilever has unveiled plans to split off its ice cream business and also separately identified €800m in cost savings in a move that will impact about 7,500 jobs. Plus, Diageo appoints new chairman, interims from Eagle Eye and final results from MP Evans
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NewsMedia Bites 19 March: Avara Foods, Reckitt Benckiser, Haleon
A multi-party action has been brought against Avara Foods over pollution of the River Wye, while Reckitt continues to make headlines
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NewsArla invests £179m to become ‘global mozzarella player’
The investment will allow the dairy co-op to ‘significantly’ increase mozzarella production for export markets
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NewsNaked Wines shares hit by reports on debt advisor
Shares in Naked Wines have suffered a fresh slump today after media reports about a refinancing spooked investors in the embattled online wine retailer
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NewsYF appoints fmcg veteran Chris McLaughlin as non-exec
McLaughlin brings more than 20 years of industry experience to the role, including time with Kellogg’s, Tesco and St Pierre Groupe
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NewsLove Hemp falls to second administration in a year
Love Hemp was bought out of administration in 2022
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NewsMockingbird Raw Press adds Mark Cuddigan as new board member
Mockingbird Raw Press has added This CEO Mark Cuddigan to its board to advise the cold-pressed smoothies and juices brand on its growth strategy
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NewsCity snapshot: Reckitt Benckiser shares reeling after US baby formula ruling
Shares in Reckitt Benckiser have rallied this morning but remain at ten-year lows after the multinational saw £5bn wiped from its value on Friday as investors worried about the group’s exposure to lawsuits in the US
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NewsMedia Bites 18 March: Reckitt Benckiser, Coca-Cola Europacific Partners, Nespresso
Reckitt Benckiser saw £5bn wiped from its market cap after the group was ordered to pay $60m in damages to a mother whose premature baby died after being fed Enfamil infant formula