All Finance articles – Page 3
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News
Investors call for Wes Streeting to publish mandatory health targets plan
The investor group issued a statement today calling on ministers to prescribe ‘robust metrics’ for companies’ obligatory reporting and targets
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News
Confidence flatlines for food companies as fears grow over Reeves’ budget
A new FDF survey of its members found confidence levels in the second quarter of the year were still at ‘-40%’
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News
Samworth Brothers debt burden soars to almost £200m
The Leicestershire-headquartered food manufacturing giant spent another £87.4m on projects in 2024, meaning net debt ballooned to £190m
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Comment & Opinion
As Coca-Cola mulls Costa Coffee sale, what's gone wrong?
Costa Coffee was acquired for £3.9bn from Whitbread in 2018 but it's not worked out for the soft drinks giant. Here's why
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News
Genius Foods unveils ‘clean label’ gluten-free bread range
The range was created with reality TV star and diagnosed coeliac Megan McKenna
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News
Wype raises £1m to clean up in ‘bottom care’
The brand sells a refillable cleansing gel that turns normal toilet paper into a sustainable wet wipe
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News
Keurig Dr Pepper buys JDE Peet’s to create new coffee giant
The deal will lead to the split of the combined group’s coffee and soft drinks units
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News
Food inflation hits 18-month high driven by eggs and butter
The price of staples like butter and eggs shot up due to high demand, tightening supply, and increased labour costs, said the BRC
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News
Asda offers suppliers sustainability-linked finance scheme
The most preferential rates and payment terms will be offered to Asda’s suppliers who are performing strongly against their sustainability KPIs
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Analysis & Features
Can a Hovis and Kingsmill combo stop the rot in sliced bread?
ABF hopes merger will pull both Hovis and Kingsmill back from the brink amid a decline in sliced bread. What are the chances?
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News
Consumer confidence improves in August but clouds remain on the horizon
Consumer confidence has climbed to its highest level so far this year but remained fragile ahead of the upcoming autumn budget, according to a new report out this morning
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News
Tiffin buys Bradford sandwich firm Love Bites
Independent food-to-go manufacturer Tiffin has acquired fellow Bradford firm Love Bites, just four months after snapping up Scottish sandwich maker PJ’s Foods
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News
Outlook good for M&A in food and drink after strong second quarter
M&A activity in food & drink is expected to continue ramping up in 2025 and beyond following a bumper second quarter, a new report shows
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News
Meatable opens up road to lab-grown chicken and lamb with new acquisition
The takeover of Uncommon Bio’s platform has given the business an entirely new way to manufacture cultivated meat
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News
WH Smith shares crash 42% after ‘disastrous’ accountancy black hole
Shares have gone into freefall at WH Smith after investors reacted in horror to the shock news of a £30m black hole in its profits
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News
WH Smith downgrades annual profit forecast by £30m in shock update
WH Smith has downgraded the profits for its North American division by £30m in a surprise update to the London Stock Exchange
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News
Premier Foods snaps up Merchant Gourmet for £48m
Premier Foods has snapped up premium ready-to-eat grain and pulse pouch brand Merchant Gourmet
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News
Crediton Dairy sees turnover rise against ‘challenging’ backdrop
The drinks producer saw turnover increase by £20m to £131.3m in the year to 4 January 2025
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News
DropWorks Rum readies £450k crowdfund campaign to support retail push
DropWorks’ rums are sold in over 400 venues, including a third of the UK’s top 50 bars and several Michelin starred restaurants
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News
‘Dinner for tonight’ drives grocery growth as Brits stay home
Brits are increasingly favouring healthier, home-cooked meals over dining out, according to NIQ