All Finance articles – Page 359
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NewsFeverTree shares drop on slowing UK growth
FeverTree has warned that its rapid growth in the UK has slowed significantly amid the “dampening effect” of poor weather and strong comparables.
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NewsPladis names Unilever veteran Sridhar Ramamurthy as CFO
He assumse responsibility for leading financial management and other related functions
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NewsCity snapshot: Grocery sales fall for the first time in three years
Grocery sales have fallen back for the first time in three years as last year’s record early summer temperatures hit year-on-year comparisons. Plus, first half profits plunge at McColl’s, Fever-Tree first half sales rise 13% and all the rest of the latest news from the City.
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NewsMedia Bites 23 July: Sainsbury’s, Fever-tree, Swine fever
Sainsbury’s has linked with Deliveroo to offer hot takeaways via the delivery app.
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NewsEnergy tea maker Mission secures £260k to expand into retail
Energy tea producer Mission has received a six-figure funding boost to fuel its expansion into the retail sector, months after completing a rebranding.
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Comment & OpinionNever mind the no-deal Brexit: food prices are going up already
The supermarkets are already facing massive pressure on prices. The question is just how much worse a no-deal would make it
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NewsInvestment fund launched for eco-friendly packaging
Government to supply £60m while £149m will come from the private sector
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NewsSainsbury’s launches Deliveroo pizza service from five stores
Customers in Birmingham, Brighton, Cambridge and London can order cooked pizzas and snacks using Deliveroo’s website or app
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NewsCity snapshot: UK Consumer confidence remains low in second quarter
UK consumer confidence has remained unchanged in the second quarter of the year as strong earnings and jobs data failed to offset the uncertainty of a no-deal Brexit.
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NewsMedia Bites 22 July: Jamie Oliver, Tesco, Discounters
The collapse of Jamie Oliver’s Italian restaurant chain has left creditors facing losses of £83m.
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NewsWeetabix sales down as decline of branded cereals market hits
The accounts say sales were hampered by a decline in overall cereal volume sales in 2018.
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NewsGraze targets European expansion following D2C launch in Ireland
Healthy snacking brand Graze kicked-off a European expansion drive following a direct-to-consumer launch in the Republic of Ireland.
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NewsPepsiCo agrees deal to buy Fruit Bowl parent company Pioneer Foods
PepsiCo has made a $1.7bn bid to acquire Pioneer Foods Group as it targets expansion in Africa.
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NewsIndie brand Sauce Shop seeking £250k to scale up production
The business will launch a crowdfunding campaign on Crowdcube at the end of July in exchange for 5% of its equity
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NewsMother eyes vending machine rollout as it secures £3m funding
The London-based company will use the cash to develop more machines as it seeks to roll out on a national scale
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NewsSurge in global demand boosts Haribo sales
Accounts filed at Companies House for Haribo’s parent company in the UK showed total turnover up to £181.6m in 2018
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NewsFlamingo Produce shrugs off difficult conditions to double profits
Flamingo supplies fresh flowers, plants and veg to the mults
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NewsCity snapshot: AB InBev sells Australian brewing arm to Asahi for $11.3bn
Anheuser-Busch InBev has agreed to sell its Australian beer business Carlton & United Breweries to Japanese brewing giant Asahi Group in a deal valued at US$11.3bn. Plus, travel food retail specialist SSP Group has grown revenues by 9.2% in its third quarter and all the rest of the latest news from the City.
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NewsMedia Bites 19 July: Waitrose, Retail sales, Philip Morris
Waitrose will shut three stores and offload a further four to rivals such as Lidl, putting 667 jobs at risk
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NewsWaitrose to close seven stores with 677 jobs affected
It’s the third round of store closures announced by the retailer since June last year