All Finance articles – Page 22
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News
UK food inflation jumps to 3.4% as meat costs rise
Food inflation jumped to 3.4% in April, with the rising cost of feeding the nation contributing to the overall UK inflation rate reaching its highest level for over a year
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News
M&S cyberattack to cost £300m as disruption continues until July
The cyberattack, which took place over the Easter weekend, forced M&S halt to online orders and is expected to continue affecting availability until July
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Comment & Opinion
Cranswick’s new animal welfare review is money well spent
It’s understandable that Cranswick’s trading update focused on its impressive financial details – but it was, perhaps, short-sighted not to make animal welfare more central
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News
Upper Crust owner SSP boosts profits despite geopolitical disruption
The FTSE 250 company said recent geopolitical events had triggered a ‘heightened level of uncertainty’
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News
Cranswick picks up sausage maker Blakemans for £32m
Cranswick announced the deal as it posted record annual revenues and profits
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News
Cranswick to review animal welfare as it posts record revenues and profits
Cranswick announced the ‘new, fully independent, expert veterinarian review’ this morning as it reported record annual revenues and profits over the past year
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News
Fresh foods AI platform raises £5.5m to cut supermarket waste
Freshflow says its AI platform is uniquely tailored for fresh produce and can reduce waste by over 20%
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News
Gordon Brothers ‘in pole position’ to acquire Poundland
The former Laura Ashley owner is among private equity firms circling the variety discounter
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News
Diageo hints at substantial brand disposals to aid cashflow goals
Offloads would go beyond portfolio trimming seen in recent years, CFO Nik Jhangiani revealed
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News
Some Grub raises £270k to lead ‘insect petfood revolution’
The UK has seen an explosion of insect-based petfood in recent years
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News
Valerie completes six-figure pre-seed round for perimenopause supplement
A group of angel investors led the £514k pre-seed round, with backing coming from serial investor and former Innocent director Giles Brook
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News
Ben Stokes takes stake in alcohol-free spirits brand CleanCo
CleanCo was set up by former Made in Chelsea star Spencer Matthews in 2019
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News
Media Bites 19 May: EU reset talks, Chinese vapes and M&S hacking
Controversial “reset” talks between the UK and the EU dominate today’s news, while the M&S hacking fallout continues and Trump tariffs lead to potential Chinese vape surge
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News
US tariffs to cost Diageo $150m a year
The drinks giant believes it can mitigate about half the impact without price rises
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Promotional Features
Strategies for retailers and brands to defy disruption and achieve growth
Between weak demand, surging costs, onerous regulation and new tariffs – the size and permanence of which are still uncertain – grocers and their suppliers are facing an extraordinary level of disruption, and ‘business as usual’ is no longer an option.
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News
Carlsberg Britvic CEO: We won’t meddle with Britvic’s approach to challenger brands
Paul Davies said he admired how Britvic had successfully scaled smaller brands
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News
PepsiCo installs electric ovens in Leicester factory to slash carbon emissions
The new ovens will help slash the site’s greenhouse gas emissions by 1,500 tonnes per year, according to PepsiCo
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Analysis & Features
Who are the private equity firms in the race to snap up Poundland?
What are the credentials of Endless, Hilco, Modella, Gordon Brothers and Alteri?
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News
Media Bites 16 May: Walmart prices, UK economy, Holland & Barrett’s GLP-1 boom
Wallmart, a ‘bellwether of US consumer health’, is preparing to raise its prices in the wake of Donald Trump’s tariffs
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News
Holland & Barrett sales rise 10% after ‘landmark’ turnaround
Customer numbers grew 9% after a significant investment into H&B’s stores and own-label food lines