All Finance articles – Page 364
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NewsClaims Scotland’s DRS could cause cross-border fraud rejected
Scottish environment secretary Roseanna Cunningham told MSPs the fear was a myth propogated by opponents of the scheme
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NewsCity snapshot: Rowan Gormley steps down as Naked’s losses mount
Naked Wines founder Rowan Gormley has announced his intention to retire from the company as the company posted a first half “broadly on track” as revenues grew and losses continued to mount.
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NewsMedia Bites 21 Nov: FeverTree, Costa Coffee, SSP Group
After five years of beating City expectations, the world’s biggest seller of posh tonic water issued a profit downgrade yesterday.
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NewsTudor Drinks holds investment talks as it seeks growth funds
The company, whose brands include Harry Bromptons London Ice Tea and Loveau, has been holding conversations with potential investors
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NewsLondon cake maker Butterscotch Bakery rescued out of administration
The company was acquired by an undislosed party after calling in administrators on 8 November
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NewsFDF urges collaborative approach to food and drink issues in election manifesto
The FDF has slammed the government plans for a ban on HFSS promotions
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NewsRabobank warns of continuing volatility in commodity prices
Geopolitical risks and price pressures on farmers are cited as contributing factors in Rabobank’s latest outlook
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NewsCity snapshot: SSP Group posts double-digit profits growth despite continued global ‘headwinds’
Travel food specialist SSP Group has posted a double-digit rise in underlying operating profits, despite warning of the impact of a number of “external challenges” that will continue into next year. Plus, FeverTree’s UK growth slashed by off-trade slowdown as global sales increase, Finsbury Food Group’s trading momentum continues and all the rest of the latest news from the City.
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NewsMedia Bites 20 Nov: Lidl, Recycling, Vertical farming
Lidl is giving its UK staff a pay rise worth £10m with a higher hourly rate likely to propel it to the top of the supermarket pay league table.
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NewsAP Brands cuts fundraising target after cancelling Crowdcube raise
After securing national listings with Brakes and Costco, the brand lowered its target to £200k from £500k
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NewsBabyfood brand Babease set for rescue as part of pre-pack administration deal
The brand secured a £5.1m investment just four months ago
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NewsGraham’s profits boosted by NPD as liquid milk sector struggles
Graham’s the Family Dairy has reported a ‘solid’ annual performance with profits rising nearly 70%
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NewsAldi bread supplier Geary’s Bakery sells majority stake
Geary’s Bakery is set to ramp up its growth efforts after receiving a major investment by the Unsworth family
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Comment & OpinionIt’s groundhog day with the same empty promises to fix business rates
Party leaders have promised to ‘breathe new life’ into the high street – but it’s the same old plans being repeated
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NewsSymonds Retail turnover rises following acquisition by MFG
The business was snapped up by forecourt giant MFG in October for an undisclosed sum
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NewsLidl raises staff pay in £10m investment
The move makes the lowest Lidl pay rate 13% higher than the government-set national living wage
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NewsCity snapshot: Coty takes $600m stake in Kylie Jenner’s cosmetics brands
Consumer beauty giant Coty has taken a majority stake in the beauty business of celebrity Kylie Jenner for $600m. Plus all the rest of the latest news from the City.
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NewsMedia Bites 19 Nov: Business rates, Coty, Jamie Oliver
Boris Johnson’s pledge of a fundamental review of business rates has been greeted with scepticism, with industry leaders fearing that it will “go over old ground”.
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NewsPea-based milk producer Mighty Pea smashes crowdfunding campaign
The company, which makes a dairy-free alternative to milk from yellow split peas, has so far raised £327k on Seedrs
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NewsAlbert Bartlett ventures into children’s ready meals with Kiddyum investment
Albert Bartlett has acquired a 40% stake in frozen children’s food supplier Kiddyum for an undisclosed amount