All Finance articles – Page 228
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NewsBug flies past £300k crowdfunding target to launch insect recipe kits
Founded in 2018 by Leo Taylor and Aaron Thomas, Bug has ambitions to become the UK’s “go-to” brand for edible insects as it launches a range of recipe kits and insect packs.
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Comment & OpinionHow food and drink spending will change in the Covid recovery phase
A new IGD report suggests there are grounds for optimism amid the uncertainty
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NewsMedia Bites 24 May: M&S, John Lewis, TGI Fridays
Bosses at Marks & Spencer will try to put the pandemic and a decade of woes behind the retailer next week when they reveal that it has clawed its way back into the black
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NewsCity Snapshot: Demand remains strong for Tesco supplier Hilton
Mixed protein supplier Hilton Food Group has made “a strong start” to the year as momentum driven by pandemic tailwinds continued across its global markets. Plus, Kitwave starts trading on the London Stock Exchange following IPO.
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NewsPremier’s dividend payment represents further proof of turnaround credentials
Premier Foods took another step in its City turnaround this week by paying out its first investor dividend for 13 years
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NewsOatly emphasises UK as it launches $10bn IPO
Plant-based brand Oatly has emphasised the importance of the UK market to its future growth as launched its $10bn New York IPO yesterday
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NewsCity snapshot: UK retail sales surge as shoppers flock back to stores
Retail sales volumes jumped 9.2% in April as the easing or coronavirus regulations and the return of shoppers in stores boosted the industry. Plus, Oatly shares soar on market debut, UK consumer confidence rises and all the latest news from the City
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NewsMedia Bites 21 May: Oatly, FeverTree, Plastic bags
Shares in Oatly have surged by 30% on the company’s US stock market debut, valuing the alt-milk maker at $13bn
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NewsCity snapshot: FeverTree boosted by rise of at home cocktail consumption
Fever-Tree has continued to post “strong” off-trade sales in the early months of 2021 ahead of the re-opening of pubs, bars and restaurants and coronavirus restrictions eases around the world. Plus, Oatly prices $1.4bn IPO, Young’s posts loss due to pub closures and all the latest news from the City.
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NewsMedia Bites 20 May: Pubs, Premier Foods, Just Eat Takeaway
The papers put pubs in the spotlight after big losses yesterday for Mitchells & Butlers and Marston’s as Covid restrictions continue to take a toll.
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NewsReal Handful secures funding boost as savoury range launches at mults
Healthy snack brand Real Handful has secured a six-figure follow-on funding package to support a host of new listings for its expanded product range of savoury nuts and trail mixes.
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NewsTenacious Labs buys Colorado-based B2B CBD player SZM
Recently launched buy-and-build cannabinoid group Tenacious Labs has made its second acquisition since launch, buying Colorado-based contract manufacturer SZM in a cash-and-shares deal
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NewsVirtue Drinks raises £1.1m to fuel further growth
Natural energy drink brand Virtue Drinks has closed a £1.1m funding round to support ongoing growth and expansion in the UK and overseas.
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NewsCharlie Bigham’s propelled to record year thanks to Covid-fuelled demand
Revenues and profits at Charlie Bigham’s have soared during lockdown as shoppers turned to its posh ready meals to add some variety to dinnertime.
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NewsMedia Bites 19 May: Australia trade deal, Tesco, Land Securities
UK farmers have sounded the alarm over reports the government plans a trade deal with Australia that would make its food and farming imports cheaper
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NewsCity Snapshot: “Outstanding” year for Premier Foods as shoppers flock to its brands
Premier Foods has revealed an “outstanding” year of growth as the pandemic significantly elevated demand for its household brands. Plus, Marston’s falls to big first-half loss as lockdown smashes sales; Chapel Down appoints former Booker chairman to its board; and Russian retail Lenta acquires Moscow rival.
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NewsExecutive pay plunges at Tesco as Covid costs and bank charges hit bonus targets
The supermarket declined to pay an annual bonus to its leadership team as it failed to hit profit targets
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NewsFive Points Brewing smashes £350k crowdfunding target
London craft brewer Five Points Brewing has raised almost £700,000 in its latest crowdfunding round to help with ambitious plans to build a new showcase brewery and taproom.
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NewsDanone drafts Barry Callebaut CEO Antoine de Saint-Affrique as its new boss
De Saint-Affrique, who has led the Swiss chocolate maker and cocoa processor since 2015, will take up his new role on 15 September
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NewsCity snapshot: Surging retail sales drive double digit profit and revenue rise at Cranswick
A surge in retail sales during the pandemic has driven a double-digit rise in annual sales at meat producer Cranswick. Plus, Britvic encourage by recent trading after lockdown hits first half performance and sales and profits rise at Imperial Brands.