All Finance articles – Page 445
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Hammond calls for evidence in review on plastic waste
The government is also going to look at the possibility of using fiscal measures to target chewing gum litter…
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Greencore shares slump 30% on US profits warning
Shares of food-to-go supplier Greencore have slumped by almost 30% today after it issued a profits warning on headwinds in its struggling US business.
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Fever-Tree looks to tequila for future growth, says CEO
The brand has also hinted at bourbon and whisky brand partnerships over the coming year…
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Annual sales jump 21% at forecourt specialist Applegreen
Petrol forecourt retailer Applegreen is toasting increases in profits, revenue and growth, in its end of year financial statement for 2017.
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City snapshot: Fever-Tree annual sales jump 66% but margins edge back
Drinks mixer supplier Fever Tree has announced yet another jump in sales, but a fall in its gross profit margin in its preliminary results. Plus, Greencore has announced a major restructure of its US operations and downgraded earnings expectations, Applegreen and CCR update the market and all the rest of this morning’s news from the City
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Media Bites 13 March: Just Eat, Gousto, Chinese takeaways
Deutsche Bank has downgraded takeaway delivery firm Just Eat over £50m investment plan to fend off food delivery rivals Uber and Deliveroo
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Signature Flatbreads back in family control after Aryzta exit
UK-based flatbread supplier Signature Flatbreads is back under family control after a deal to buy out joint venture partner Swiss bakery giant Aryzta.
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City snapshot: Retail footfall falls again in February
Retail footfall declined by 0.5% in February according to the latest BRC – Springboard footfall and vacancies monitor, though this latest decline marked an improvement on recent falls in shopper numbers. Plus, consumer spending made its weakest start to the year since 2012 and all the rest of the latest news from the City.
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Media Bites 12 March: Morrisons, P&G, Consumer spending
Welsh ice cream and gluten-free pies from Yorkshire are some of the locally sourced products Morrisons will add to its shelves this week as its customers ask for more British food
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Seaweed-based foods start-up Seamore seeks £220k from the crowd
Seaweed start up Seamore has launched a new crowdfunding campaign seeking to raise £220k to develop more seaweed products to add to its range.
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Moy Park and Tayto 'named and shamed' over underpayments
Northern Irish businesses among 179 companies singled out by Department for Business, Energy and Industrial Strategy for underpaying staff
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Morrisons may face £100m equal pay claim says legal firm
Legal firm Roscoe Reid claims it has attracted “hundreds” of claimants
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Jigsaw Foods sees 18.1% pre-tax profit slump as costs rise
Despite that, the fast-growing company saw sales growth of 20.7% in the UK and 21.9% in the US…
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Grocery retail market share for 12 weeks to 25 February 2018
Morrisons pulled level with Tesco as the fastest-growing grocer during the 12 weeks to 25 February 2018
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Just Eat's City halo slips on earnings guidance cut
The company admitted to far higher investment requirements than anticipated
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Two-thirds wiped off value of Conviviality after shock profits warning
Shares in Bargain Booze owner Conviviality plunged by more than two-thirds after the alcohol retailer and wholesaler issued a shock profits warning.
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City snapshot: Inflation gap between Tesco and rivals expands
The inflationary gap between Tesco and its big four rivals has reached a new high even as inflation across the big four supermarkets flattens. Conviviality shares hammered after shock profits warning, Yeo Valley profits hit by rising milk prices and all the rest of the latest news from the City.
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Media Bites 9 March: The Co-op, John Lewis/Waitrose, Conviviality
A bumper day of grocery news sees heavy coverage of the investigation into The Co-op’s treatment of suppliers, John Lewis Partnership’s trading troubles and a share price plunge at Conviviality.
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Soaring milk prices hit profits at Yeo Valley
Yeo Valley returned to top-line growth last year, but profits were hit by soaring milk prices and the devaluation of the pound as the business prepares to sell its dairy arm to Arla Foods.
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KFC returns to Bidvest after chicken supply crisis
The fast-food chain had egg on its face after axing Bidvest in favour of DHL