All Finance articles – Page 3
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News
Media Bites 20 June: May retail sales, Post Office, sun cream
Sales volumes are estimated to have fallen by 2.7% in May, the biggest monthly fall since December 2023, according to the Office for National Statistics
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News
Consumers gain confidence in economy – but not their wallets
Consumers’ thawing attitude towards the UK economy has powered a modest two-point boost to their overall spending confidence, according to GfK’s latest barometer
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News
PZ Cussons puts investors in a lather as shares fall on transformation update
PZ Cussons failed to convince the markets this week on the progress of its ongoing transformation as the personal care group sold off its stake in the Nigerian edible oils business for £51m
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News
Magnavale wins £500m backing for 10-year growth
Cold storage firm Magnavale has secured a £500m loan to pursue growth, following the completion of its new 101,000-pallet cold store near Grantham
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News
Pernod Ricard set to simplify structure in cost-cutting exercise
It is a response by the French group to strengthening headwinds in the global spirits market as the owner of Jameson, Absolut and Havana Club struggled to perform amid weakening consumer confidence around the world
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News
GXO’s £762m acquisition of Wincanton cleared by the CMA
CMA has cleared GXO’s acquisition of Wincanton following the business’s offer to sell Wincanton’s dedicated grocery warehousing business.
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Analysis & Features
Is Starbucks’ US turnaround working and should the UK follow suit?
The strategy promises better standards in Starbucks outlets but labour costs are high
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News
Flora Food Group sales and profits slump in promotion push
Profits at Flora Food Group have declined in the UK as the former Unilever spreads business invested in lower prices and a major marketing campaign for Flora to highlight its dairy-free credentials
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News
Unilever weighs up sale of loss-making snacking brand Graze
Unilever is reportedly looking to offload healthy snacking brand Graze as the consumer packaged foods giant continues to explore ways to reshape its portfolio
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News
Nestlé chairman Paul Bulcke to depart after 50 years with Kit Kat owner
Bulcke does not plan to stand for re-election at the company AGM on 16 April 2026 and will step down from the board following the meeting next year
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Media Bites 19 June: Graze, EU investigations, John Lewis, G&Ts
Unilever is exploring the sale of healthy snakcing brand Graze
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News
Co-op secures £350m loan from banking partners
The company said the deal with HSBC, Barclays, ING, Lloyds, NatWest and Rabobank reflected “strong market confidence” in its resilience and performance following recent financial successes
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Comment & Opinion
It’s too late for Mighty but plant-based is bouncing back
Mighty Drinks has joined the unenviable ranks of plant-based brands going to the wall – but there’s more to the story than failure
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News
PerfectTed tops startup ranking with 500% growth spurt
Matcha energy drink startup PerfectTed’s staggering growth spurt over the past two years has made it the fastest-growing founder-led startup in the UK
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News
Mizkan invests £17m into Rochdale vinegar factory expansion
Mizkan manufactures both Japanese vinegar products and Sarson’s vinegar at the Rochdale factory
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News
Food inflation hits 15-month high as chocolate and meat prices rise
Spiking food prices has offset cheaper transport to keep UK inflation levels steady in the year to May, new official data out this morning has revealed
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News
PZ Cussons flogs African palm oil business but EPR rules in UK hit profits
PZ Cussons has sold its stake in a Nigerian edible oils business for £51m as the London-listed personal care group makes progress on efforts to simplify the group
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News
Media Bites 18 June: Trump’s tariffs, artificial dyes and Ben & Jerry’s new boss
US retail sales fell by the most in two years in May
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News
Mighty Drinks hopes for rescue deal after calling in administrators
Mighty Drinks has collapsed into administration, with specialists at recovery firm Interpath searching to put together a rescue deal to save the milk alternatives brand
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News
B&M CEO Tjeerd Jegen buys £500k-worth of shares for bargain price
B&M has revealed Jegen purchased almost 200,000 shares in five separate transactions last week