All Finance articles – Page 39
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NewsBacardí blames rising duty burden as UK sales slide continues
The Bombay Sapphire supplier’s sales declined by a greater rate than in the year prior
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NewsGrowUp creditors owed £120m in vertical farming administration
A new report prepared by insolvency practitioners also revealed the price paid by former CEO Marcus Whately and PE backers to buy the vertical farming site in Kent
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NewsHarlech Foodservice sales surge to £30m as expansion pays off
Sales rocketed after Harlech opened new depots in south Wales and Shropshire
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NewsKenyan beer firm seeks to block Diageo EABL $2.3bn stake sale
Diageo’s planned EABL stake sale is the latest in a series of disposals by the group in Africa
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NewsOcado grows fastest amid shift to online Christmas ordering
Shoppers increasingly turned to delivery for the ‘big Christmas shop’ in 2025
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NewsApple and pear growers facing continued rising costs
New analysis commissioned by British Apples & Pears from Andersons Farm Consulting has revealed that persistent inflationary pressures across key areas of orchard management and post-harvest operations are still having an impact
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NewsCompleat Food Group sales pass £1bn for first time
Alongside organic growth, the performance was supported by a series of strategic acquisitions, including SK Foods and Zorba Foods and speciality food producer Harvey & Brockless in 2024
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NewsDalston’s raises £850k and hires new MD for growth push
Sorven Capital led the new round, and the funding will be used to expand distribution and support increased marketing and in-store activations
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NewsMorrisons to close Rathbones bakery with 115 jobs at risk
It’s the second time in two years Morrisons has announced it would close the Wakefield site, after a restructure last year failed to stem losses
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NewsUK distributor North South Wines swoops for When in Rome brand
When In Rome sells a range of Italian wines in the UK in sustainable packaging formats including cans, bag-in-box and paper bottles
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NewsChristmas volumes under pressure despite highest ever supermarket sales
Supermarket sales in December hit a record £13.8bn but volumes declined as growth came in below grocery inflation, with hard-pressed shoppers leaning heavily on promotions in the run-up to Christmas
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NewsFood prices rise at a faster pace in December
Rising food prices led to a rise in overall retail inflation in December and pushed shoppers to seek out savings ahead of Christmas, new data out this morning has revealed
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NewsGutsy Health secures £300k to boost mission to tackle gut health issues
Edinburgh-based Gutsy Health raised the money from Scottish angel investment syndicates Equity Gap and Apollo Informal Investments, and economic development agency Scottish Enterprise
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NewsPawd fetches £400k in seed round for dog supplements expansion
The London-based business plans to use the money to accelerate growth, expand brand awareness and help progress its mission to become the number one brand for treating anxiety in dogs
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NewsTGI Fridays plans pre-pack administration with stores and jobs at risk
A deal is expected to take place as early as next week, sources say
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NewsAldi beats Christmas records as shoppers flock to discounters
Sales at the chain increased 3% year on year to £1.7bn in the four weeks to Christmas Eve, with consumers spending £500m in the week leading up to Christmas, a rise of more than 5% versus the same period in 2024
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NewsCotswold Fayre falls to loss but 2025 sales set for ‘strong growth’
For the year to 31 March 2025, the group suffered a loss after tax of £514.2k
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NewsCosta Coffee losses double as value-led competition grows
Operating losses widened from £5.8m in 2023 to £13.5m in the year to 31 December 2024
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NewsLidl reveals record Christmas as shoppers seek out value
The discounter welcomed almost 51 million customers through its doors over Christmas, an 8% year-on-year rise
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NewsLove Sum secures Sainsbury’s listing for chilled dumpling range
Love Sum was co-founded by MasterChef finalist Sandy Tang