All Finance articles – Page 333
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NewsMany 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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NewsCoronavirus: 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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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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NewsMedia 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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NewsCity 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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NewsGovernment 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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NewsCoronavirus: 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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NewsEnglish 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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NewsBakkavor 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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NewsCity 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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NewsMedia 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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NewsCoronavirus: 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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NewsAldi 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
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NewsSeasonal workers flown in from Romania to pick UK crops
The Times reported this week that 180 farm workers were due to fly from Bucharest to London Stansted
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NewsMash Direct launches platform for food jobs in Northern Ireland
The County Down-based business received more than 1,000 applications for 30 roles
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NewsGousto secures £33m fresh cash injection from investors including Joe Wicks
It brings the total sum raised by the brand since its inception to more than £130m.
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NewsMedia Bites 16 April: Startups, Retail sales, furlough scheme
The government might be close to unveil a new rescue package for startups, retail sales plunge to the lowest recorded figure and companies worry the will have to front pay in furlough scheme
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NewsCity snapshot: UK retail sales plummet as coronavirus crisis unfolds
UK retail sales have plunged sharply in March as the coronavirus crisis and resulting nationwide lockdown led to the worst drop on record. Plus, PZ Cussons warns of “significant” coronavirus impact as crisis boosts soap and hand wash sales but hits beauty division and all the rest of the latest news from the City.
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NewsMeat wholesaler enters administration as coronavirus crisis bites
The coronavirus crisis proved the nail in the coffin for beleaguered Star Meats
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NewsHeinz insists DTC food service ‘won’t impact’ wholesale and c-store customers
The timing of the move has upset many of its wholesaler customers who are struggling to receive enough stock





