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All Finance articles – Page 39
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NewsCity snapshot: Just Eat to delist from London Stock Exchange
The move is a blow to the UK government which launched “the biggest set of reforms to listing rules in over 30 years” earlier this year to try and reinvigorate the country’s capital markets. Also, Pet at Home sales stutter amid an “unusually subdued” pet retail market
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NewsTunnock’s profits rebound despite cocoa shortage
Tunnock’s, the maker of its eponymous teacakes and caramel wafers, saw profits rebound last year despite high ingredients costs continuing to weigh on its bottom line
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NewsHattiers Rum seeks £1m investment from selected investors
The premium brand is eschewing traditional crowdfunding and trying to selectively engage with investors
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NewsMedia Bites 26 November: Gails, Asda, Pladis/budget, Tariffs, Walmart
News emerges this morning that upmarket bakery chain Gail’s is up for sale
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NewsCity snapshot: Cranswick poised for strong Christmas as first-half volumes deliver results
Cranswick is set up for a strong Christmas after the meat processor reported volume-led growth in the first half. Plus, vape maker Supreme reports interims, Compass Group presents annual results and the latest BRC-NielsenIQ Shop Price Index
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NewsUnilever completes £40m investment into Burton condiments hub
The site now produces an average of nine million jars and bottles of condiments a month
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NewsMedia Bites 25 November: Allan Leighton, Amazon strikes, more budget fears
The top story over the weekend was Asda hiring ex-boss Allan Leighton
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NewsCity snapshot: Greggs boss says Budget measures won’t hit growth plans
The boss of Greggs has vowed to keep a lid on prices hikes in the wake of Labour’s recent Budget and said the chain’s rapid expansion won’t be derailed
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NewsNestlé turnaround plan gets muted market reaction
Nestle’s share price has sat in the doldrums of late and is down 23% since the start of the year
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NewsAllplants enters administration as 65 staff made redundant
Frozen ready meal challenger Allplants has officially entered administration today, with 65 staff losing their jobs and investors facing losses of almost £70m
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NewsLittle Freddie babyfood pouches fail WHO sugar standard, despite claims
Little Freddie babyfood pouches fail to meet World Health Organization standards for on-pack sugar labelling, despite the brand claiming it is “always” reflective of the body’s guidelines.
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NewsMedia Bites 22 November: retail sales, energy bills and farming row continues
Retail sales have “plunged” in October, with a spike in consumer confidence meaning retailers can expect to see a strong golden quarter ahead
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NewsCity snapshot: Consumer confidence improves in wake of budget
Businesses have warned that big tax rises in the budget will lead to job losses and pay cuts but that is having little effect on Brits’ mood. Also, the Competition and Markets Authority will allow more deals to go ahead to help boost growth.
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NewsAllplants seeks a buyer to save plant-based brand from collapse
Plant-based ready meal maker Allplants is teetering on the edge of collapse and is working with insolvency advisors to explore all options for the brand’s survival
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NewsCity snapshot: PZ Cussons steadies ship after Nigerian turbulence
Ahead of its AGM later today, PZ Cussons said it expects 5% like-for-like revenue growth in the first half of its financial year, largely led by growth in the UK. Also, Tereos profits fall due to lower prices for sugar and sweeteners.
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NewsBakers union BFAWU ‘furious’ at Morrisons proposal to close Rathbones
The Bakers, Food and Allied Workers Union said the decision was ‘beyond disappointing’ and added even more jobs in the supply chain, as well as agency workers, would be impacted
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NewsThree-Sixty Aquaculture raises £3.5m for UK’s first sushi prawn farm
The business has developed the UK’s only indoor prawn farm with sales to commence in 2025
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NewsVirtue Drinks lands investment from James Watt and Eberechi Eze
The business has now raised over £5m since launching in 2016
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NewsMorrisons to shutter bakery Rathbones with 400 jobs at risk
Morrisons is set to shutter Rathbones bakery after exploring all options for the manufacturing facility, with almost 400 workers facing redundancy as a result, The Grocer has learned
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NewsCity snapshot: Lidl swings back to profit as shoppers switch from rivals
Lidl has bounced back into the black in the UK as shoppers switched more than £500m of spending to the disctounter from rival supermarkets. Plus, annual results from Britvic, UK inflation jumps by more than expected and Gusbourne partners with Enotria&Coe