All Finance articles – Page 311
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NewsMedia Bites 5 Aug: Brexit/Northern Ireland, Pizza Express, Deliveroo/Amazon
Extra paperwork required by Brexit will raise UK supermarkets’ cost of operating in Northern Ireland so much that some may pull out, a trade group warned.
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NewsCMA clears Amazon’s 16% investment in Deliveroo
The long-running decision saga has seen the authority flip-flop between allowing the deal to proceed and halting it
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NewsGovernment urged to give clarity over business rates to save jobs
Clarity is needed over whether the business rates holiday for retail and hospitality will continue beyond April 2021, say property experts
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NewsLockdown and writedowns halve Diageo’s annual profits
Annual profits at global spirits giant Diageo have almost halved amid write-downs of £1.4bn and an 8.4% slump in sales due to closure of pubs and restaurant, the cancellation of sporting events and a plunge in travel retail.
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NewsMedia Bites 4 Aug: Eat Out To Help Out, Heineken, Hammerson
British high streets received a boost from the launch of the government-backed discount dining scheme on Monday
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NewsWaitrose digital chief Ben Stimson confirms departure
Stimson has been with the company for a decade and moved into his current role in May 2019
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NewsWaitrose rolls out drive-through collection service
Some locations also offer John Lewis click & collect and return services
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NewsHeineken profits plunge as UK pub network closes
Profits at Heineken have fallen off a cliff as the brewer’s high exposure to the pub trade in the UK led to lower volumes and higher costs during the coronavirus lockdown.
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NewsMedia Bites 3 Aug: Amazon, John Lewis/Waitrose, Byron Burger
Amazon has struck deals to open more than 10 Amazon Go convenience stores and is holding talks on about another 20
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NewsOC&C Global 50 shows the fmcg giants in good health
The world’s 50 biggest fmcg companies continued their resurgence before lockdown hit, posting their highest levels of organic growth since 2015
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Analysis & FeaturesOC&C Global 50: the five top performing fmcg companies of 2019
The OC&C Global 50 enjoyed their best overall performance in five years – within this group the report has picked out four ‘performance champions’ that drove particularly stellar growth last year
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NewsCracker Drinks Co uses Future Fund to help surge past funding target
Craft soft drink business Cracker Drinks Co has smashed its £250k crowdfunding target within six hours of launching, thanks to help from the government’s coronavirus SME growth scheme.
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NewsLily’s Kitchen revenues near £40m amid exports surge
Premium petfood brand Lily’s Kitchen saw revenues jump to near £40m ahead of its acquisition by Nestlé on soaring export sales and strong growth in its home market.
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NewsInsect-based petfood maker Aardvark smashing fundraising target
A startup producer of insect protein petfood has smashed its launch fundraising target as it prepares to make its first products.
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NewsAt-home demand helps Quorn offset foodservice shutdown
A spike in demand from supermarket shoppers has helped meat-free brand Quorn offset a collapse in its foodservice business throughout the Covid-19 crisis.
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Analysis & FeaturesOC&C Global 50 report 2020: ready for the storm
The biggest fmcg players were in great shape heading into the coronavirus. And many are ideally positioned to thrive in the ‘new normal’
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NewsCity snapshot: Lockdown hits first half performance at Kerry Group
Revenues and profits were hit at Kerry Group in the first half of the year as the global closure of foodservice businesses hit its business in the second quarter. Plus, half year results from AB InBev, Pets at Home sales slow and all the rest of the latest news from the City.
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NewsMedia Bites 31 July: John Lewis Partnership, Amazon, Nestlé
Turning unwanted John Lewis and Waitrose shops into homes, launching a gardening business and striking new partnerships are some of the ideas to save the retail group
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NewsBooze industry warns over the cost of calorie labelling
Industry reaction was fiercely divided when the government’s plans were unveiled this week
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NewsWaitrose could close stores in John Lewis digital-first strategy move
Chairman Sharon White updated staff on the strategic plans today