All Finance articles – Page 24
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The Cumberland expands banking support to northern food and drink businesses
Northern food and drink companies can access The Cumberland’s financial services for the first time
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City snapshot: Kerry Group profits up 8% as prices fall
Kerry said numerous markets remained subdued with performance normalising compared to recent history. Also, British wage growth accelerates
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Kerry Group sees profits boost ahead of dairy sell-off
Kerry agreed to sell its Irish dairy operation last year to help simplify the business to a pure ingredients company
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Media Bites 18 February: Pret’s water bill, job cuts, Asda/Sainsbury’s merger
The pick of the retail news and headlines from Tuesday 18 February
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Rachel Reeves ‘rebuffs’ M&S chief’s call for compromise in National Insurance hike
The Chancellor is said to have stonewalled Stuart Machin’s call for the increase in employers’ National Insurance to be phased in
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City snapshot: UK employers weigh up wave of redundancies to cope with tax rises
Businesses across the UK are scaling back on hiring new staff and stepping up redundancy programmes in reaction to the fresh wave of employment taxes following the Labour budget, according to a new survey released this morning
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Media Bites 17 February: Post Office, Waitrose and Unilever snub
The papers have been focusing on tariff retaliation, a “snub” from Unilever and the continued fallout from last year’s October budget
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City snapshot: Coca-Cola Europacific Partners boosts sales with price rises
Coca-Cola Europacific Partners is set to return €1bn to shareholders following ‘a great end to a solid year’. Plus, the CMA has delivered its findings in the infant formula case this morning
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Coca-Cola Europacific Partners to return €1bn to shareholders after ‘solid’ year
Coca-Cola Europacific Partners is launching a €1bn share buyback programme after reporting a rise in revenues and volumes in 2024
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Media Bites 14 February: Unilever, Valentine’s Day, American candy
Unilever’s plans to separate its ice cream division were covered widely by the papers this morning
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Nestlé shares jump on signs of turnaround progress
Shares soared by more than 6.2% today as a result of the green shoots of optimism that the worst may be over
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OSI boosts UK presence with buyout of Karnova Food Group
Karnova Food Group was created last year with the merger of Yorkshire Premier Meat and Smithfield Murray
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Kraft Heinz posts fourth straight quarter of missed sales targets
The food giant is battling sluggish demand for its products
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Gunna Drinks collapse leaves wake of angry crowd investors behind
Craft soft drinks brand Gunna has collapsed into administration, with crowd investors staring at losses of almost £4m as a result
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Tate & Lyle shares plunge as price cuts hit revenue
The FTSE 250 company said profit growth will be towards the lower end of guidance
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City snapshot: Unilever and Nestlé give investors contrasting takeaways
Unilever and Nestlé are among several companies posting updates today, alongside Coca-Cola, British American Tobacco, Tate & Lyle and Applied Nutrition
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Applied Nutrition revenues ahead of expectation following IPO
Applied Nutrition has comfortably beaten sales guidance given at the time of its IPO as the sports nutrition group published a maiden trading update
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British American Tobacco puts aside £6bn for Canadian lawsuit
A Quebec court ordered tobacco companies to compensate smokers for health problems
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Nestlé makes ‘solid’ progress on turnaround journey
Nestlé has hailed a “solid” performance in 2024, with slightly better-than-expected sales growth in the final quarter as the Kit Kat and Nescafé owner hiked the price of coffee and chocolate amid surging commodity costs
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Unilever to list ice cream business in London, New York and Amsterdam
Unilever said the separation was on track to complete by the end of 2025