All Finance articles – Page 305
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NewsMedia Bites 17 Sep: Hut Group, Waitrose/John Lewis, Inflation
Shares in Hut Group have jumped in value by a quarter at the start of trading on their first day on the stock market
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NewsCoronavirus outbreak hits first half sales at Science in Sport
Sports nutrition group Science in Sport posted a drop in first half sales and an underlying operating loss given the “severe disruption” to its business caused by the COVID 19 pandemic
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NewsGrocery sales growth slows in August
Fewer meals eaten at home due to the popularity of the Eat Out to Help Out scheme meant consumers spent £155m less in supermarkets
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NewsCity Snapshot: Eat Out to Help Out scheme drives inflation to five year low
UK inflation has fallen to its lowest level since 2015 as the Eat Out to Help Out Scheme helped drive down prices. Plus, The Hut Group’s shares surge on market debut, updates from Science in Sport and Eagle Eye Solutions and all the rest of the latest news from the City.
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NewsMedia Bites 16 Sep: Ocado, Kraft Heinz, Grocery market share
Ocado has moved to within 10% of the stock market valuation of Tesco after a share price surge linked to the online specialist’s new tie-up with Marks & Spencer
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NewsInsane Grain nets six figure cash investment to fund 2021 retail launch
Healthy snacking start-up Insane Grain has raised a six-figure investment from fmcg veterans to ready the brand for growth in 2021
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NewsCity snapshot: Ocado sales surge by 52% ahead of M&S switch
Ocado’s retail revenues soared by 52% in the 13 weeks to August due to sharply rising demand for online groceries - plus, growth slows in August as more meals are eaten out according to the latest grocery market share figures.
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NewsMedia Bites 15 Sep: Aldi, Retail footfall, Domino’s Pizza
Aldi is to run trials of a click-and-collect grocery service in Britain as it looks to expand its online offering
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NewsCity Snapshot: Waitrose and Nestlé eye deal for Mindful Chef
Waitrose and Nestlé are reported to be amongst the suitors vying to buy farm-to-fork recipe box brand Mindful Chef
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NewsMedia Bites 14 Sep: Hovis, Ocado/Waitrose/John Lewis, Mindful Chef
A pack of turnaround investors, private equity funds and food groups are vying to snap up Hovis
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NewsCity News: Morrisons shows surge in demand is double-edged sword
The retailer on Thursday revealed a jump in first-half sales could not mitigate the extra costs caused by the coronavirus
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NewsTesco price-cutting drive shifts it into annual deflation
Tesco’s drive to cut prices in the post-lockdown market has seen it move back into annual price deflation for the first time in almost a year
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NewsPetfood sales flurry expected with deals for brands on table
A further raft of UK petfood brands are set to come to market by the end of the year as the M&A market begins to thaw in the aftermath of lockdown.
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NewsBrewDog reopens Equity for Punks in sustainability drive
BrewDog has reopened its Equity for Punks crowdfunding scheme for the final time as it aims to raise £7.5m for sustainable initiatives
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NewsApollo, Lone Star and TDR enter bidding war to purchase Asda
All three made offers for the UK supermarket chain this week ahead of the deadline for bidding
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NewsCity snapshot: UK petfood M&A flurry expected with three auctions set to launch
A further raft of UK petfood brands are set to come to market by the end of the year as the M&A market begins to thaw in the aftermath of lockdown.
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NewsMedia Bites 11 Sep: The Hut Group, Morrisons, Cafe Nero
London’s biggest stock market listing in three years has moved closer after The Hut Group set the value of its shares at £5.4bn
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NewsMission Ventures opens up Good Fund Fund to wider category of brands
Food and drink accelerator Mission Ventures has reopened applications for its Good Food Fund.
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NewsSliabh Liag drinks to £1.5m crowdfunding success for Irish whiskey distillery
Irish whiskey, gin and vodka producer Sliabh Liag, which is backed by Asahi and former SABMiller executives, has smashed its £1m crowdfunding target.
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NewsCoca-Cola European Partners invests in self-pour revolution
Coca-Cola European Partners is bringing self-pouring technology to hospitality customers in Europe after acquiring a 25% stake in Innovative Tap Solutions.