All Finance articles – Page 304
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News
Waitrose sees 8% sales hike as John Lewis faces slump
Chairman Sharon White is take a 20% pay cut on her £990,000 annual salary
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News
Media Bites 21 April: Premier Foods, Insurance, Shopper habits
Premier Foods sales surge amid coronavirus outbreak, insurers start protection talks with the government, IRI figures show changing shopper habits
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News
ABF takes £284m coronavirus stock writedown but grocery shows strong profit growth
Associated British Foods has posted a significant fall in first half profits as it was forced to take a £284m writedown on Primark stock, but the rest of its business continues to perform despite the pandemic. Plus, Danone shows solid Q1 growth but withdraws full year guidance and all the rest of the latest news from the City.
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Analysis & Features
What’s it like getting a government-backed loan?
Q Catering Supplies faced disaster before securing a £500k lifeline
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Analysis & Features
Guide for SMEs: How to raise funding during the coronavirus crisis
So what options are there for small brands to successfully raise money? And what are the necessary steps to take?
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News
Coronavirus: Gut health startup Bio&Me secures government loan
The brand secured funding a week within applying for it, despite widespread criticism of the scheme
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News
Coronavirus: UK government announces £1.25bn package for ‘innovative firms’
The new scheme includes a £500m investment fund made up of cash from both the government and the private sector
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News
Many retailers weeks from collapse unless government pays rents, warn industry leaders
Companies that were viable before the coronavirus outbreak will be forced to file for administration if the government doesn’t step in
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News
Coronavirus: Defra confirms further relaxation of competition laws for dairy sector
It follows lobbying by processors, farmers and industry bodies for support amid a growing crisis in the sector
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News
City snapshot: Premier Foods completes strategic review with pensions restructure
Premier Foods reaches “transformational” agreement with its pensions schemes, completing the strategic review announced over a year ago
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News
Media Bites 20 April: Supermarkets/clothing, Government loans, Pret
Asda is cancelling orders and reneging on full payments to clothing suppliers, despite enjoying record food sales and a taxpayer windfall
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News
City news: AB InBev slashes dividend to help tackle debt pile
The world’s largest brewer AB InBev slashed its dividend this week to help cope with the effects of the coronavirus and the pressures of its debt pile.
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News
Government considers calls to underwrite trade credit insurance
The government is considering requests from food and drink leaders and the wider insurance industry to underwrite trade credit insurance
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News
Coronavirus: Plans for SME rescue package welcomed as CBILS scheme faces criticism
Food and drink industry experts have welcomed reports of a potential new equity-based rescue package for startups, but warned such a scheme was unlikely to be a silver bullet to solve the current funding crisis
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News
English fishermen thrown £10m lifeline from government grants
More than 1,000 fishing and aquaculture businesses will receive a share of the funding
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News
Bakkavor faces investigation over face coverings issued to protect workers against coronavirus
HSE is looking into the claims made by the GMB union
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News
City snapshot: Industry welcomes potential new financial aid for startups
Food and drink industry experts have welcomed reports of a potential new equity-based rescue package for startups, but warned such a scheme was unlikely to be a silver bullet to solve the current funding crisis. Plus, ABF confirms eligibility to access funding under the Covid Corporate Financing Facility and all the rest of the latest news from the City.
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News
Media Bites 17 April: Carluccio’s, Government lending, Food price inflation
Supermarket chain Tesco and 2 Sisters owner Boparan are among those that have expressed an interest in Carluccio’s sites
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News
Coronavirus: Plant-based startup THIS sees supermarket sales double amid lockdown
This was despite many vegan and plant-based items being left on shelves
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News
Aldi launches online delivery service for food parcels
From tomorrow (17 April), shoppers will be able to order food parcels on Aldi’s website for home delivery