All Finance articles – Page 392
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NewsMedia Bites 9 Apr: Tesco, Morrisons/Deliveroo, AG Barr
Tesco pressed ahead with its dividend payment despite flack, Morrisons partners with Deliveroo for 30 minutes grocery delivery and AG Barr cancels dividend
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NewsCity snapshot: Diageo suspends share buyback scheme and withdraws financial guidance
Global spirits group Diageo has suspended its £4.5bn share buyback scheme and withdrawn financial guidance for its 2020 financial year, though it will still pay an interim dividend. Elsewhere, Naked Wines and Distil see coronavirus trading boost, Supermarket Income REIT looks for cash to fund acquisitions and all the rest of the latest news from the City.
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NewsAG Barr profits fall as it warns of coronavirus impact on 2020
Irn-Bru maker AG Barr has posted a 17.3% slump in annual pre-exceptional profits and warned of a “material” impact on trading from the coronavirus outbreak.
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NewsNix & Kix completes six figure fundraise despite coronavirus uncertainty
The adult soft drinks brand has closed a six-figure funding round despite the coronavirus pandemic wreaking havoc in the market and slowing investment activity
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NewsHaulage companies on the brink following collapse of foodservice
A third of all food trucks are off the road, according to a recent survey by the Road Haulage Association.
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NewsMorrisons extends Deliveroo deal to start delivering from 130+ stores
The service will start today with a range of 70 essential household items
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NewsSainsbury’s to ease buying restrictions on most products
Sainsbury’s will also introduce a volunteer gift card and online voucher to help those shopping for others
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NewsCity snapshot: Tesco boss Dave Lewis warns of coronavirus costs as he defends dividend payout
Tesco boss Dave Lewis today defended plans to award a £900m dividend to shareholders, as he warned the cost of the coronavirus crisis could be as much as £1.2bn for the retailer if it drags on beyond October.
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NewsMedia Bites 8 Apr: Supermarkets, Rationing, Tesco
Supermarkets have risen to the challenge of the coronavirus outbreak, Sainsbury’s to stop rationing as stock levels return to normal and Tesco urged by investors to pay out dividend
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Comment & OpinionWill Tesco push ahead with its dividend payment and risk a PR storm?
Tesco is reportedly set to press ahead with a £550m dividend payment to shareholders this week
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![Guide to SMEs_3[1]](https://dmrqkbkq8el9i.cloudfront.net/Pictures/100x67/2/0/5/183205_guidetosmes_31_674059.jpg)
Analysis & FeaturesGuide for SMEs: how to access government support during the coronavirus crisis
The government has announced a broad package of measures to support UK businesses through the coronavirus crisis. So what financial help can food and drink SMEs get? And what do they need to do?
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NewsDairy sector calls on government for financial support
It comes amid a growing crisis in the dairy sector, with excess milk from foodservice pushing down prices
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NewsPoundstretcher future in doubt as accounts reveal slump in profits
Owner Aziz Tayub said the future of the variety discounter hinged on cost reductions
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NewsCraft soft drinks startup Gunna raises over £250k to survive coronavirus crisis
The cash will be used to ‘bridge’ the business to its next round and provide working capital to deal with the coronavirus pandemic
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NewsMiso Tasty passes £350k Seedrs target despite coronavirus uncertainty
Financial experts had advised Miso Tasty to ‘pull the campaign down and try again once the impact of the coronavirus had slowed down’
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NewsCity snapshot: Hilton Food Group annual revenues surge as it reassures on coronavirus preparedness
Hilton Food Group has posted a double digit rise in annual revenues on strong volume growth, while reassuring the market it is well positioned to cope with the challenges caused by the coronavirus outbreak. Plus, WH Smith raises £166m from shareholders as it warns of hit from store closures and all the rest of the latest news from the City.
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NewsMedia Bites 7 April: Waitrose, Government loans, White Rabbit Pizza
Waitrose reverses self-isolation policy for staff, high street banks blame the government for delays in the small businesses loan scheme and White Rabbit Pizza sees demand surge
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NewsCoronavirus: Challenger brands warn of further sales slump amid social distancing rules
Challenger brands are bracing for a further retail sales slump as social distancing rules implemented in supermarkets have focused shoppers on well-known brands
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NewsPolicy U-turn in Wales hits supermarkets with £80m business rates bills
The Welsh government changed its mind on replicating Chancellor Rishi Sunak’s plans
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Comment & OpinionNimble SMEs are showing their worth, but not all of them will survive
It’s one thing for a supplier to pivot from, say, in-store to online. An evolution from on-trade to off-trade is something else entirely