All Finance articles – Page 285
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NewsMedia Bites 8 April: Deliveroo, Co-op, Heineken
Deliveroo’s shares perked up on their first open day of trading, although the improvement was clouded by a strike by hundreds of its delivery riders.
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NewsFurlough and redundancies spark food ‘lockdown-preneur’ boom
The new business boom comes after UK unemployment rose to a record high of 5.1% in December
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NewsMedia Bites 7 April: Deliveroo, Retail/pub re-openings, UK economic growth
UK Deliveroo riders are expected to strike over pay and conditions as unconditional trading commences in the company’s shares
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NewsCity snapshot: Retailers celebrate sweet Easter as shoppers stock up on chocolate
Shoppers treated themselves as lockdown restriction began to ease in the run up to Easter, spending £439m on chocolate and sweets over the last month, according to the latest data from NielsenIQ. Plus, the increase in home cooking boosts Hilton Food Group in 2020.
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NewsUK-based CBD group Tenacious Labs launches with US acquisition
A UK-based global CBD group has launched today with the acquisition of a US direct-to-consumer operator and the promise of more acquisitions to come
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NewsCity Snapshot: UK retail sector loses almost 190,000 jobs during coronavirus outbreak
News of almost 190,000 UK retail job losses since first lockdown comes as Prime Minister Boris Johnson confirmed yesterday that non-essential shops will re-open on 12 April
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NewsMedia Bites 6 April: Iceland, pork, Easter eggs, Deliveroo
The boss of Iceland has called for a digital sales tax to help to support the recovery of the high street and has stepped up the retailer’s defence of its decision to keep hold of business rates relief.
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NewsCity News: Deliveroo IPO falls flat as share price plunges
Deliveroo may have been London’s largest IPO in almost a decade, but the float also proved to be one of the market’s least well received.
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Analysis & FeaturesWhy Big Chocolate is snapping up healthier snacking brands like Grenade, Kind and Eat Natural
Mondelez is the latest chocolate giant to acquire a healthy snack bar brand, paying £200m for Grenade. Who’s bought what and why?
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NewsCity Snapshot: COVID drives double-digit quarterly sales slump at Boots
The coronavirus outbreak has continued to hit sales at high street pharmacy retailers Boots as growing online and pharmacy revenues have failed to mitigate a dramatic drop in footfall.
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NewsMedia Bites 1 April: Deliveroo, Parsley Box, Boots
The papers dive in to the ‘car crash’ London debut of Deliveroo and examine why shares fell by more than a quarter at the food delivery firm.
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NewsThe Cookaway cooks up £700k crowdfunding round for expansion
The business, which launched in 2020, has so far raised £656k in the campaign on Seedrs.
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NewsWhite Peak Distillery drinks to £900k crowdfunding round
Derbyshire whisky producer White Peak Distillery has comfortably beaten its £500,000 crowdfunding target as it aims to build the premium brand in the UK and overseas.
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NewsMedia Bites 31 March: Deliveroo, Grocery sales, Tobacco
The flotation of Deliveroo on Wednesday will value the company at £7.6bn after concerns over workers’ rights and volatile stock markets chipped more than £1bn off the top-end valuation
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NewsDeliveroo valued at £7.6bn but shares flop in London debut
Shares in Deliveroo crashed as much as 30% this morning as it made its long-awaited debut on the LSE
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NewsBetter Nature raises £1.6m for mainstream push of tempeh range
Better Nature hit a £1.35m target on the Seedrs platform within three hours of a private launch
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NewsGü Puds £150m auction nears end as suitors circle
The sale by owner Noble Foods has attracted strong interest, with the bidders taken through to the final round of the process expected to pay upwards of £150m for the premium dessert maker, The Grocer has learned.
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NewsGorillas and Getir achieve ‘unicorn status’ following funding rounds
Both rapid delivery services have launched in London this year
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NewsCity snapshot: Grocery sales fall in March as industry laps 2020 lockdown
Grocery sales growth fell back in March as the industry lapped last year’s record-breaking spending during the first coronavirus lockdown,
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NewsMedia Bites 30 March: Deliveroo, Wetherspoon, High Street
Deliveroo has set the final price for its initial public offering at £3.90 a share, the bottom of its initial range and valuing the food delivery company at £1.3bn less than the top end of its original expectations.