All Finance articles – Page 27
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News
City snapshot: ‘Trump tariffs could rival Brexit damage’
Trump is threatening tariffs as high as 10-20%, rivalling the scale of non-tariff barriers that Brexit imposed on goods sales to the EU, according to a new study by the Resolution Foundation.
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News
SHS Group buys mid-strength alcohol brand Shandy Shack
The deal is SHS Group’s first in drinks since the purchase of Rocks Drinks in 2018
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Carlsberg to complete Russia exit following management buyout
Carlsberg’s Baltika Breweries subsidiary has been under state control since last summer
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Who Gives a Crap donates £2.4m to water, sanitation and hygiene services
The donation is Who Gives a Crap’s second-largest to date
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News
Greencore shares rise again as profits jump
Greencore’s profits saw healthy growth last year as the sandwich maker posted “stronger than expected” full year results.
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Cold brew coffee player GoodBrew seeks crowd cash for UK retail push
Dublin-based cold brew coffee startup GoodBrew is seeking €500k from crowd investors to underpin a push into UK retailers next year
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Butternut Box reports surge in sales surge with losses cut
High-growth fresh petfood brand Butternut Box continued its rapid European expansion last year while cutting losses as margins improved
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Co-op extends £400m credit facility for further five years
The society’s CFO Rachel Izzard said that support from its lender banks was a reflection of the strength of its balance sheet
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Adnams abandons sale plan in favour of property assets sell-off
It is not clear how much debt the brewer needs to pay down
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Vape maker Supreme completes £10.2m rescue of Typhoo Tea
It comes after Typhoo was placed into administration last week
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News
Media Bites 2 December: Asda debt, Black Friday, seasonal workers
In the week after Asda appointed its new chairman, Allan Leighton, the nationals focused on the supermarket’s ongoing financial woes
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Comment & Opinion
The Grocer and its journalists are not anti-vegan or anti-plant-based foods
It’s our job to report on the plant-based category’s downs, as well as ups
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News
Kiril Mischeff buys Italian foods specialist Annessa Imports
Annessa imports Italian goods and them to the retail and foodservice trade
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Gail’s Bakery sales surge ahead of rumoured buyout
Analysts have speculated the company could be worth up to £500m
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Media Bites 29 November: Typhoo collapse, Waitrose food and drink trends, Morrisons/Ocado
Typhoo is poised to be taken over by vape business Supreme, after the tea company collapsed into administration
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City snapshot: Lacklustre footfall strikes another blow to retailers
Retail footfall fell again as a later-than-usual Black Friday and low consumer confidence meant customers were hesitant to hit the shops. Also, Heineken launches plans to build the Gulf’s first major commercial brewery in Dubai.
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Pets at Homes shares tank amid profit warning and worries of 'subdued' market
Pets at Home saw more than £200m wiped off its valuation this week as investors raced to sell-off shares after the chain warned of a “unusually subdued” pet retail market
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Comment & Opinion
Why couldn’t Morrisons find a buyer for Rathbones bakery?
Morrisons’ failure to find a home for its Rathbones bakery has left many in the sector baffled as to what went wrong.
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News
Typhoo Tea brings in administrators as vape maker Supreme negotiates rescue deal
London-listed vape manufacturer Supreme confirmed this afternoon it is “currently participating in a process regarding the potential acquisition of Typhoo Tea”
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News
Planet Organic ‘forced’ to close another store after failing to agree new lease
The Spitalfields store is the third Planet Organic closed since founder Renée Elliott’s return to the business