All Finance articles – Page 234
-
News
Media Bites 30 June: Morrisons, Takeaway stocks, Staff shortages
The private equity suitor seeking to buy Morrisons should increase its offer to £6.5bn if it wants the takeover to succeed
-
News
City Snapshot: Supermarket price war keeps lid on inflation fears
Food prices have fallen for a third month in a row as the supermarkets continue to fight it out to attract shoppers from rivals, according to new data. Plus, record full-year results for Cake Box; and Treatt CFO Richard Hope to retire after 20 years with the ingredients company.
-
News
City snapshot: Grocery sales hold steady in June despite lockdown relaxation
Grocery sales remained largely unchanged in June despite the widespread reopening of pubs and restaurants, as Nielsen data shows the discounters regaining market share as shopping habits return to normal
-
News
Media Bites 29 June: BrewDog, Greggs, Molson Coors
The co-founder of BrewDog is selling off personal property assets linked to the craft brewer ahead of a planned flotation amid concerns over potential conflicts of interest.
-
News
Molson Coors to add hard seltzer canning line as part of £25m brewery upgrade
The line will package the 4% abv Three Fold, launched earlier this year
-
News
This secures biggest ever series A fundraise for UK plant-based brand
This plans to use the cash to support the rapid growth of the business, expand its R&D capabilities and bring to a pipeline of new products to the market.
-
News
City Snapshot: Greggs sales recovery continues at stronger-than-expected pace
Greggs has continued to see customers flooding back to its stores in greater than expected numbers since the relaxing of coronavirus restrictions, the high street bakery chain said in an unscheduled trading update. Plus, Coca-Cola HBC acquires minority stake in premium Italian coffee company Caffè Vergnano.
-
News
Media Bites 28 June: Ocado, Morrisons, Food shortages
A co-founder of Ocado has made a “significant payment” to settle a legal dispute with the FTSE 100 online grocer
-
News
City News: Morrisons bid could be catalyst for rerating of supermarket stocks
The rejected £5.5bn CD&R bid promoted a share price surge across the sector
-
News
Pub closures see annual sales tank at alcohol wholesaler LWC Drinks
Booze wholesaler LWC Drinks saw revenues plunge by 42% last year as it suffered from pub and leisure closures.
-
News
2 Sisters continues branded exit with bakery sale plan
Brands up for sale include Lancashire pie maker Holland’s and Irish sausage roll producer Portumna
-
News
Whitworths returns to profit following Covid sales boom
The dried fruit supplier has bounced back into profit as the boom in healthy snacking and home baking during the pandemic drove a 19% jump in sales
-
Analysis & Features
What does £5.5bn takeover tussle mean for Morrisons?
Clayton Dubilier & Rice has form in UK retail. Is its bid likely to succeed, and what would the implications be for Morrisons and the sector?
-
Analysis & Features
Why did Pilgrim’s Pride pounce on Kerry’s meat business?
What made the deal a good fit for both parties? And what next?
-
News
HelloFresh makes first profit in UK amid rocketing demand
Meal kit giant HelloFresh made its first profit in the UK last year as booming sales during the pandemic led to increased profitability.
-
News
City snapshot: UK consumer confidence holds firm in June
UK consumer confidence remained at its highest post-pandemic level during June, although concerns over rising inflation have affected sentiment over the country’s economic prospects.
-
News
Media Bites 25 June: Deliveroo, Morrisons, Inflation
Deliveroo has won the latest battle in the long-running legal fight over the employment status of its riders
-
News
City snapshot: Store estate expansion drives Pepco profit and sales growth
Newly listed Poundland owner Pepco Group has announced an increase in first half revenues and profits as the addition of new stores mitigated the impact of Covid shop closures and lower footfall in its UK stores.
-
News
Media Bites 24 June: HFSS, Morrisons, GSK
It is much quieter in the papers this morning as the dust on the Morrisons story settles for now. The main story is that junk food adverts will be subject to a near total online ban and a 9pm television watershed by the end of next year.
-
News
Media Bites 23 June: Morrisons, Grocery sales, DS Smith
MPs are preparing to intervene in a potential takeover of Morrisons