All Finance articles – Page 332
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NewsMedia Bites 11 Dec: Grocery market share, UK economy, Just Eat
The big four supermarkets have had their worst run into Christmas for 15 years, according to the latest market data
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NewsLucy’s Dressings in crowdfunding push to launch vegan and flavoured mayo range
The brand will hit Crowdcube on Monday (16 December) looking to raise a minimum of £125k
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NewsCity snapshot: Black Friday fails to boost lacklustre grocery sales
Black Friday failed to boost lacklustre sales across the grocery industry as the latest market share figures from Kantar show grocery sales growth slowing to 0.5% for the 12 weeks to 1 December. Plus, Just Eat rejects new Prosus bid, McColl’s profits below expectations, new CFO for Premier Foods and all the rest of the latest news from the City.
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NewsMedia Bites 10 Dec: Tesco, Just Eat, M&S
Tesco shares rallied on the news that the potential sale of Tesco’s multibillion-pound Asia business could lead to a bumper payout for investors.
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NewsCellular Agriculture turns to the crowd to scale lab-grown meat technology
The business is targeting £500k on newly-launched crowdfunding platform Koodoo
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NewsTesco pledges £10m to protect Brazilian soy-producing region from deforestation
Tesco’s investment will incentivise farmers to grow soy on existing agricultural land rather than burning virgin forest
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NewsTesco mulls Asian business sale following ‘inbound interest’
Tesco has announced it is considering a sale of its businesses in Thailand and Malaysia as part of a “review of the strategic options” for its Asian operations
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NewsMedia Bites 9 Dec: Footfall, Scottish pub trade, Eddie Stobart
November high street footfall continued on a downward trend as heavy rain dampened shoppers willingness to get to the high streets
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NewsAuthentic Food Group falls to £3.5m loss due to ‘unprecedented’ challenges
The world foods manufacturer said it had been faced with “unprecedented political, economic and market challenges”
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NewsUpfield profits slump after Unilever spin-off
An Upfield spokesman said the results reflected “necessary one-off restructuring costs”…
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NewsCity snapshot: Associate British Foods expects sugar recovery and grocery growth
Associated British Foods reiterated its outlook of further profit and margin growth in its Grocery division, as well as strong Primark performance and a recover in its struggling Sugar unit
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NewsMedia Bites 6 Nov: Food prices, Eddie Stobart, Wine regions
Food prices have reached their highest point in two years last month, Eddie Stobart is on the brink of collapse and wine collectors turn to the Italian hills
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NewsScotbeef sales rise on UK growth as exports suffer
Annual sales rose 5.2% at beef and lamb supplier Scotbeef driven by positive growth in the UK as international revenues dropped
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NewsThe Vegan Kind prepares fundraising campaign for expansion push
The online vegan supermarket will launch a Seedrs campaign at the end of January, seeking £500k to scale up
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NewsSpirit group Moose raises €2.5m in first ‘major’ funding round
Botanical spirit maker Moose has raised €2.5m from a group of strategic investors including former Diageo CEO Paul Walsh
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NewsCity snapshot: DS Smith reports sales and profits jump despite ‘difficult’ conditions
FTSE 100 packaging firm DS Smith grew revenues by 4% in the first half of the financial year, reporting a “record” performance despite economic headwinds
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NewsMedia Bites 5 Dec: Iceland, Morrisons, Services sector
Analysts have warned Iceland could face troubles repaying its £750m debt pile and might be forced to refinance.
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NewsCity snapshot: Morrisons promotes Trevor Strain to COO role
Morrisons commercial chief Trevor Strain has been appointed as chief operating officer in a move which sees trading director Michael Gleeson become chief financial officer
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NewsMedia Bites 4 Dec: Amazon deforestation, Quorn, Argos
Companies including Tesco, Asda, Carrefour and LGIM urged the Brazilian government on Tuesday to protect the Amazon rainforest.
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NewsPrima Cheese profits rise on reduced wastage
Gross margins rose 24% due to ‘reduced wastage and increased margin per box’