All Finance articles – Page 13
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NewsAsda offers suppliers sustainability-linked finance scheme
The most preferential rates and payment terms will be offered to Asda’s suppliers who are performing strongly against their sustainability KPIs
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Analysis & FeaturesCan a Hovis and Kingsmill combo stop the rot in sliced bread?
ABF hopes merger will pull both Hovis and Kingsmill back from the brink amid a decline in sliced bread. What are the chances?
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NewsConsumer confidence improves in August but clouds remain on the horizon
Consumer confidence has climbed to its highest level so far this year but remained fragile ahead of the upcoming autumn budget, according to a new report out this morning
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NewsTiffin buys Bradford sandwich firm Love Bites
Independent food-to-go manufacturer Tiffin has acquired fellow Bradford firm Love Bites, just four months after snapping up Scottish sandwich maker PJ’s Foods
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NewsOutlook good for M&A in food and drink after strong second quarter
M&A activity in food & drink is expected to continue ramping up in 2025 and beyond following a bumper second quarter, a new report shows
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NewsMeatable opens up road to lab-grown chicken and lamb with new acquisition
The takeover of Uncommon Bio’s platform has given the business an entirely new way to manufacture cultivated meat
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NewsWH Smith shares crash 42% after ‘disastrous’ accountancy black hole
Shares have gone into freefall at WH Smith after investors reacted in horror to the shock news of a £30m black hole in its profits
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NewsWH Smith downgrades annual profit forecast by £30m in shock update
WH Smith has downgraded the profits for its North American division by £30m in a surprise update to the London Stock Exchange
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NewsPremier Foods snaps up Merchant Gourmet for £48m
Premier Foods has snapped up premium ready-to-eat grain and pulse pouch brand Merchant Gourmet
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NewsCrediton Dairy sees turnover rise against ‘challenging’ backdrop
The drinks producer saw turnover increase by £20m to £131.3m in the year to 4 January 2025
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NewsDropWorks Rum readies £450k crowdfund campaign to support retail push
DropWorks’ rums are sold in over 400 venues, including a third of the UK’s top 50 bars and several Michelin starred restaurants
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News‘Dinner for tonight’ drives grocery growth as Brits stay home
Brits are increasingly favouring healthier, home-cooked meals over dining out, according to NIQ
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NewsUK inflation accelerates amid higher food prices
Food and drink prices have risen 4.2% compared with a year ago, their fastest rate in 18 months
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NewsMilk & More on ‘sustainable growth’ path despite revenue fall
Milk & More saw revenues fall 13.8% year on year to £121.97m in light of volume contraction and portfolio reshaping
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NewsVita Coco sales race higher as coconut water demand booms
Vita Coco has continued to capitalise on consumers switching to healthier, less sugary beverages as UK sales at the business soared once again
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NewsGenius Foods sales plummet but management confident of turnaround in 2025
Sales at Genius Foods have plunged by almost a fifth as the gluten-free baker struggled with a long-running turnaround attempt
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NewsFood brands overcome inflation to outpace own label
It is the largest gap in favour of brands since March last year
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NewsLakrids By Bülow ready for global expansion following IDG Capital buyout
The business said the deal marked a significant milestone in its evolution from a local artisanal liquorice brand into a globally recognised premium confectionery player
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NewsLipton Teas & Infusions reports top-and-bottom line growth despite PG Tips woes
The supplier saw turnover increase by 11.5% to £111.7m in the year ended 31 December 2024, according to new results filed at Companies House
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NewsParamount Retail Group snaps up meat wholesaler DB Food Group
Paramount said DB Foods had built a ‘strong reputation as a trusted supplier of premium meat’, and was ‘recognised as a pioneer of sustainable practices’