All Finance articles – Page 323
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NewsCity snapshot: Investigation into Tesco accounting scandal ends
The Financial Reporting Council has announced the closure of its investigation into Tesco’s accountancy scandal, putting an end to a six-year-long investigation
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NewsMedia Bites 8 June: Sunday trading, Government loans, Supermarket exec pay
Sunday trading laws could be suspended for a year in a move the government hopes will stimulate the economy
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NewsFood and drink firms tap Bank of England for £1.9bn in coronavirus loans
Compass Group, John Lewis, M&S, Greggs and Brakes Bros are among the firms to raise cash from the Bank of England’s Covid Corporate Financing Facility
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NewsAdelie Foods rescue deal scuppered by competition concerns
The Grocer understands listed food-to-go giant Greencore had agreed a deal to take on Adelie as a going concern
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NewsNew chlorinated chicken proposals still pose threat to UK sector: BPC
The government is reportedly proposing tariffs on food made to lower standards as part of free-trade negotiations with the US
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NewsNorthern Irish business demands six-month delay to Brexit border checks
Indsutry leaders complain of a lack of details and government engagement
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NewsConcerns for Typhoo’s future as it reports continued huge losses
Typhoo Tea has reported mounting losses in a “watershed” year for the business, raising doubts on the historic tea brand’s ability to continue trading
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NewsMedia Bites Jun 5: Chlorinated chicken, Consumer spending, BoE
The UK leaves the door open to imports of chlorinated chicken, consumer spending remains muted despite lockdown easing and big firms tap the BoE for £16.2bn
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NewsProfits rise at Fullers Foods as it maintains supply through coronavirus crisis
Frozen specialist Fullers Foods has remained “fully operational” during the coronavirus crisis as it posted a jump in full-year profits.
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NewsCity snapshot: Greencore rescue package for Adelie scuppered by competition concerns
Competition concerns scuppered a rescue deal for the UK’s third-largest sandwich maker Adelie Foods resulting in its collapse and the loss of almost 2,200 jobs.
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Analysis & FeaturesDoes new UK tariff policy mean cheaper sugar?
The UK’s new tariff policy is due to come into effect on 1 January, here’s what it means for the sugar industry
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NewsHike in demand prompts Pure Pet Food to increase production
The brand has taken on a new 14,000 sq ft manufacturing facility in Cleckheaton, Yorkshire
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NewsCoronavirus deals heavy blow to English and Welsh winemakers
Two-thirds of English and Welsh wine makers are battling cashflow concerns as a result of the coronavirus crisis
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NewsCity snapshot: Fever-Tree reports off-trade sales surge amid wider lockdown hit
Fever-Tree has experienced a jump in off-trade sales during the coronavirus shutdown, but has warned the closure of bars and restaurants across its key markets will have a “material impact” on full-year trading
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NewsMedia Bites 4 Jun: M&S, SSP Group, Food Workers
M&S cappes top executives bonuses and SSP begs investors to reinvest dividend into the business to preserve cash
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NewsStrong avocado demand boosts Greencell annual sales
The company’s revenues rose by £9m as a result of volume growth in its retail business
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NewsAlcoholic tea startup Noveltea smashes £150k crowdfunding target
The premium low-abv alcoholic tea brand will use the funds to launch in the US later this year and improve sales in its current markets
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NewsTesco to continue expansion of discounter Jack’s estate
The retailer’s latest Jack’s incarnation is set to take over a vacant Mothercare store in Hull
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NewsBibby Line Group names Sir Michael Bibby as new chairman
Bibby takes over on 19 June when the current chairman Paul Drechsler leaves the group after five years
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NewsCity snapshot: SSP swings to interim loss as coronavirus hits
SSP Group has swung to an interim loss as the coronavirus pandemic “heavily impacted” its trading, while announcing a call for investors to reinvest the dividend payment by buying new shares in the company.