All Finance articles – Page 235
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NewsReady meals startup Field Doctor targets £600k crowd investment
Field Doctor is lining up a £600k crowdfunding round to scale operations across the UK
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NewsCity Snapshot: M&S profits to shrink as inflation squeezes spending power of households
Marks & Spencer has warned its profits will take a hit this year as the squeeze on household finances gets tighter. Plus, Ocado Retail sales fall as shoppers cut down on spending; annual results from Pets at Home; and Bakkavor worries about volumes as more price hikes loom.
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NewsMedia Bites 25 May: Unilever, inflation, Cranswick, SSP Group, Kendamil
The boss of Unilever has defended the consumer goods giant’s focus on sustainability and the environment. Plus, the papers pick up the latest Kantar grocery data, annual results from Cranswick and more.
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NewsEG Group profits climb as sales soar 25%
Profits have leapt higher at forecourt giant EG Group as a growing foodservice business and soaring prices at the pumps help fuel a 25% jump in first-quarter revenues.
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NewsGreencore battles latest wave of inflation as recovery in food-to-go gathers momentum
Sandwich maker Greencore is battling to claw back soaring costs as input inflation accelerated into double digits while a recovery in its food-to-go markets gathered pace.
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NewsSSP shares soar as Upper Crust owner shows signs of recovery
Shares at SSP Group soared higher today as the markets welcomed hopes of a sustained recovery at the food-to-go group following the pandemic
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NewsCranswick sales top £2bn as it slams ‘muted’ government response to pig crisis
The pig and poultry giant saw revenues rise by 5.8% in the 12 months to 26 March
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NewsCity Snapshot: Lidl and Aldi grab more share as grocery inflation hits 13-year high
Food price inflation has hit its highest level for 13 years, with Lidl and Aldi stealing more market share from rivals, according to Kantar. Plus, annual results from Cranswick and interims from Greencore and SSP Group, with a trading statement from Hilton Food Group.
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NewsMedia Bites 24 May: Starbucks, Superdrug, THG
Starbucks has become the latest consumer brand to pull out of Russia as the wider exodus of multinational companies from the country continues three months after its invasion of Ukraine.
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NewsCity Snapshot: Moonpig to bulk up gifting proposition with £124m acquisition of Buyagift
Online greeting card group Moonpig has proposed a £124m deal to acquire gifting experiences company Buyagift. Plus, DTC ready meal group Parsley Box hires marketing director.
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NewsMedia Bites 23 May: THG, M&S, Tesco, Ocado, Pets at Home
THG remains in focus for the papers over the weekend as the embattled firm awaits further higher bids in takeover talks.
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NewsCity News: Premier Foods shares surge on beefed-up dividend and boosted profits
The Bisto and Paxo owner’s trading profits for the year to 2 April of £148.3m beat expectations
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NewsMindful Chef reports surge in growth amid healthy diet boom
Surging grocery growth and expansion into ready meals saw meal kit player Mindful Chef maintain strong growth last year on top of a record-breaking 2020
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NewsM&S hits out at Chancellor’s plans to introduce online sales tax
The letter sees M&S break ranks with other big supermarkets including Tesco, Sainsbury’s and Morrisons who are supportive of the idea
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NewsCity snapshot: UK retail sales rebound in April on grocery growth
UK retail sales recording a surprise bounce in April, growing 1.4% as higher spending on fuel, alcohol and tobacco booster overall figures
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NewsThis plots biggest-ever meat-free crowd round to supercharge growth
This – launched in 2019 by Andy Shovel and Pete Sharman – is aiming to raise at least £4m from the round but expects to overfund and beat the €5.4m (£4.6m) raised by Spanish brand Heura last month
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NewsMedia Bites 20 May: THG, Iceland, online sales tax, Co-op
A shock offer by property mogul Nick Candy to take THG private makes headlines this morning.
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NewsCity snapshot: Fever-Tree makes ‘sold’ start to 2022 despite cost pressures
Fever-Tree has said it has made a “solid” start to its financial year, trading in-line with expectations despite logistics disruption and inflationary pressures.
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NewsMedia Bites 19 May: Premier Foods, inflation, Arla Foods, Ocado, Impossible Foods
The papers are filled with stories on the latest inflation figures and how it is affecting the likes of Premier Foods, Ocado and milk producer Arla.
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NewsS-Ventures acquires Amazon specialist Market Rocket to launch digital drive for brand portfolio
Fmcg investment house S-Ventures has added an Amazon specialist to its portfolio, with the acquisition of Market Rocket.