All Finance articles – Page 2
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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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Promotional 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
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NewsVirgin warns of unexpected losses as consumers feel the pressure
The online wine retailer now expected to fall into the red as the effects of the Iran war combined with increased taxes in the form of duty and packaging levies
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NewsBettys & Taylors growth slows but momentum for Yorkshire Tea continues
Growth at Bettys & Taylors slowed significantly as the Yorkshire-headquartered group adjusted to the challenging consumer backdrop
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NewsCurrency volatility hitting profitability for food and drink exporters, study finds
Nearly half (45%) of UK food and drink businesses operating on margins below 10% had seen profitability slashed by a third over the past year
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NewsWeight-loss drugs wipe £780m off Britain’s grocery sales
Nearly two million British adults now take the appetite-surpressing drugs
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NewsBoots’ owner considers £7.5bn sale instead of IPO
Sycamore Partners has been in discussions with ABF’s majority owner the Weston family, and with Australian pharmacy group Sigma Healthcare
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NewsDRS: thousands more retailers given option to opt out
Exchange for Change has also outlined details of new grants to help retailers shoulder the cost of rolling out reverse vending machines
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NewsLakrids By Bülow set for robust 2026 as cocoa prices normalise
Premium liquorice maker Lakrids By Bülow is on course for another year of double-digit growth in 2026 after reporting a 19% jump in revenues to DKK449m (£51.8m) in 2025
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NewsSecond Nature Brands adds protein to the mix with Tillamook acquisition
CapVest-controlled snacking group Second Nature Brands has acquired Tillamook Country Smoker from Insignia Capital Group and family shareholders for an undisclosed sum
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NewsAustralian tech firm Fresho acquires Nation Wilcox
The deal gives the group a combined customer base of more than 400 food wholesalers and in excess of £2bn in annual gross merchandise value