All Finance articles – Page 21
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Comment & OpinionMarket reaction shows Diageo was right to ditch Crew as CEO
The tenure of Diageo boss Debra Crew will mostly be recalled with disappointment and her departure should come as no surprise
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NewsWilkin & Sons returns to profit as jam maker sees light at end of ‘very long and dark’ tunnel
Wilkin & Sons has bounced back to the black as the spreads manufacturer boosted revenues and got to grips with soaring input costs
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NewsFood & drink sector most bullish on mergers & acquisitions in 2025
Around five in six leaders in the UK and Irish food and beverage industry expect an increase in M&A in the sector over the next year
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NewsHungryPanda wins £11.7m payout after acquired business breaks contract
After receiving an initial sum worth $45.2m in December 2021, Easi’s owners withheld IT assets from HungryPanda vital to the business’ operation
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NewsDiageo CEO Debra Crew steps down by mutual agreement
The London-listed spirits company is searching for a new boss to lead turnaround efforts
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NewsCarlsberg Britvic to invest in £4m West Midlands logistics depot
The new depot will be designed with a focus on energy efficiency
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NewsOatsu to get Channel 4 TV ad as founder triumphs at ‘Small Business, Big Break’ competition
The challenger overnight oats brand will take a share, along with two other winners, of a marketing package worth more than £300k
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NewsSurprise jump for UK inflation as food prices continue ‘concerning’ rise
Food prices have climbed for the third month in a row, reaching their highest level for more than a year
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NewsRTD challenger Arrowtown Drinks in £400k fundraise to fuel growth
The brand said its revenues were forecast to grow by 300% this year
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NewsHilton Foods secures £22m investment into Foods Connected
Hilton Foods has secured £22m of investment for its supply chain management platform Foods Connected
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NewsB&M UK back in like-for-like sales growth in Q1
B&M UK like-for-like sales were up 1.3% in the 13 weeks to 28 June, assisted by drier weather and Easter timing, according to the retailer
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NewsInflation on supermarket shelves drives surge in UK food sales
Soaring prices in supermarkets has fuelled a jump in UK food sales in the past month, as volumes in store remained under “sustained pressure” and consumer confidence continued to drop
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NewsBakkavor completes £50m exit from China
The cash sale – for CN¥509m (£50m) – is expected to make Bakkavor a net profit of at least £18m
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NewsPladis ploughs £68m into McVitie’s and Jacob’s factory upgrades
The investment will primarily benefit its sites in the north west of England
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NewsCompleat Food Group acquires sandwich filling maker Freshpak
The acquisition – for an undisclosed sum – gives The Compleat Food Group new capabilities in egg processing
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NewsThe Original Factory Shop moves head office amid CVA
The variety discounter is relocating to a new head office in Bolton, with distribution to be handed over to a third party
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NewsNurture Brands teams up with FareShare to help with cost of living crisis
Nurture said its decision to focus on a domestic charity was fuelled by the ongoing cost of living crisis
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NewsKraft Heinz weighs separation of groceries and condiments
One option on the table is a separation of the groceries part of its portfolio from the sauces and condiments operation
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NewsMedia Bites 14 July: tariffs, shopworkers, cybersecurity
Trump has announced a 30% tariff on imports from the EU from 1 August, and Morrisons has banned shop floor staff from stockrooms
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NewsHovis confirms talks over merger as losses deepen and sales fall
Turnover at Hovis fell 8.6% to £446.8m in the 52 weeks to 28 September 2024, down from £489m in the previous 53-week financial period, the accounts revealed