All Finance articles – Page 16
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NewsDiageo GB boss heads for exit as Dave Lewis restructure begins
Barry O’Sullivan is set to be replaced by Unilever veteran Marc Woodward
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NewsTesco slows to 1% growth amid price war
Tesco slowed to just 1% turnover growth in the first quarter amid fierce competition between the supermarkets
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NewsScience in Sport goes for growth with £30m refinancing
Sport nutrition specialist Science in Sport has secured a £30m refinancing as it looks to grow sales
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NewsTesco faces protests over ‘widening’ worker pay gap
The worker-led campaign group Organise will attend the meeting at Tesco’s Welwyn Garden City headquarters to deliver a petition signed by more than 10,000 workers
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NewsPZ Cussons boosts profit hopes in investor update
Imperial Leather owner PZ Cussons has boosted investors’ hopes this morning, after issuing a statement that it may beat previous profit guidance
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NewsFood inflation slows to just 2.2%
Annual food inflation slowed to its lowest rate since December 2024 in May, falling to just 2.2% from 3% in April
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NewsParents must find £200 more for groceries thanks to Iran war, says IGD
The IGD has forecast food inflation to peak at 5.5% in the second half of 2026
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NewsFolc wines beats £650k crowdfunder target in 24 hours
Folc has raised nearly £900k from more than 110 investors, with 30 days to spare on its crowdfunder on Republic
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NewsYum Brands to sell Pizza Hut in £2bn deal
The restaurant chain will be sold as part of two separate transactions, with Pizza Hut, excluding mainland China, being sold to LongRange Capital for $1.5bn
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NewsMondelez appoints new finance chief
Due to join on 1 July, the new hire will succeed former CFO Luca Zaramella in the role
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NewsHovis-ABF merger gets final approval from competition watchdog
The markets watchdog’s final judgement found that Allied Bakeries would have had to close down if the merger fell through
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NewsHilton Food Group appoints new chairman
Mark Clare will take on the role of non-executive chairman on 1 July, with Mark Allen officially becoming CEO of the group on the same day
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NewsFlora bounces back to growth in UK
Flora Food Group has returned to growth in the UK, as it offset falling volumes with higher pricing
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NewsChance Clean Cider kicks off £1m raise for non-alcoholic cider expansion
The upcoming £1m raise will be used to fund growth across retail, ecommerce and the on-trade through a draught launch, alongside pushing into international markets. Chance will also scale its team to support the next phase of expansion
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NewsPetcare player Lily’s Kitchen surpasses £100m in sales
Founded by Henrietta Morrison in 2008, Lily’s has a long history of rapid growth. Its turnover stood at £40m when Nestlé acquired the brand from its private equity backers in 2020
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NewsSigma Healthcare drops out of talks to buy Boots
The company has ‘concluded that such an acquisition would not currently meet its strategic and capital investment objectives’
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WhitepapersWhere food and beverage margins really leak: and how to plug them
Margin erosion rarely comes from one big expense. It builds quietly across formulation, packaging, compliance and sourcing. This guide maps where the cost leaks hide – and shows how AI-powered product lifestyle management (PLM) turns them into more profitable products.
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Partner FeaturesHow food SMEs can innovate to beat rising costs and trade friction
Rising costs, new levies, geopolitical shocks and shifting supply chains are forcing ambitious food and drink SMEs to rethink how they protect margin, fund growth and build resilience.
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NewsWH Smith market cap slumps to just £550m from £3bn pre-pandemic peak
WH Smith investors can’t catch a break. Shares in the travel retailer plunged 18% this week after it issued its fourth profit warning in 12 months and sold discounted shares in exchange for a £100m cash injection.
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NewsMomo Kombucha eyes retail listings ahead of Brixton brewery move
It comes after Momo launched a major fundraising drive last year