All Finance articles – Page 451
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News'Brexit boost' pushed UK exports to record £22bn in 2017
This was up by more than £2bn in 2016, representing 13.4 million tonnes of goods, Defra announced this week
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NewsNestlé reports slowest growth this century
Consumers have continued to shun mainstream packaged food in favour of cheaper own-label or healthier snacks
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NewsJoe Delucci's saved but creditors lose more than £2.5m
More than 40 unsecured creditors are unlikely to recieve a penny
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NewsMedia Bites 16 February: Nestle, Tesco/Booker, Lidl
Annual results for Nestlé and worrying developments for the Tesco/Booker merger ahead of the shareholder vote make the papers today.
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NewsCity snapshot: Growth accelerates in the second half for Danone
Accelerating growth in the second half helped French food giant Danone hike like-for-like sales by 2.5% to €24.7bn in 2017. Plus, Coca-Cola European Partners said it had beaten expectations in the first full year since its formation, but strong growth of Coke Zero was offset by decline in its other trademark brands.
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NewsAsda in talks over pension cuts protest by 2,000 NI workers
Shopworkers union Usdaw is to urge Asda to think again after staff signed a petition against proposed pension cuts….
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NewsLidl set to hit 700 UK stores mark with five openings
Lidl will already have launched 19 new stores in 2018 by the end of this month
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NewsEuro Garages completes takeover of 1,100 Italian Esso sites
Last week Euro Garages agreed a £2.2bn deal for Kroger’s 800-strong US convenience store network
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NewsColm O’Dwyer made Weetabix UK & Ireland commercial director
O’Dwyer joined Weetabix in March 2015 after 18 years with Coca-Cola Enterprises
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NewsCo-op to spend over £28m on store investment programme in London
The retailer said it would open a record number of new stores in the capital this year including 30 new food stores
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NewsAsda CEO promises more 'everyday low prices' in new strategy
Roger Burnley told suppliers the retailer was still “too expensive”, despite its recent Rollbacks
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NewsMedia Bites 15 February: Tesco/Booker, Danone, Coca-Cola HBC, Tangerine Confectionery
An activist US hedge fund trying to push Tesco to pay more for Booker claims that a growing number of shareholders supports its position.
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NewsNestlé misses growth expectations as sales falter in fourth quarter
Full-year profits at Nestlé slumped as sales growth at the Swiss food giant came in below expectations after a sluggish fourth quarter
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NewsDanone to reduce its 21.3% stake in Yakult
Danone has announced it is to sell part of its 21.3% stake in Japanese probiotic yorhurt producer Yakult.
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NewsDanone the first UK dairy company to gain B Corp certification
B Corp certification ’is to business what Fairtrade is for coffee’, the NGO says
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NewsCity Snapshot: Volume and price growth drive “exceptional” year at Coca-Cola HBC
European Coke bottler Coca-Cola HBC (CCH) has reported a 5.9% jump in organic sales and a double-digit growth in profits as both volume and price growth boosted its full-year performance. Plus, Danone to sell down some of its 21.3% Yakult stake and all the rest of the latest news from the City.
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NewsMedia Bites 14 Feb: Crowdfunding, Inflation, Quorn
Fresh concerns have been raised over selling ‘mini bonds’ via crowdfunding after Square Pie collapsed, with 324 bondholders standing to lose hundreds of thousands of pounds.
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NewsHeat not burn tobacco receives qualified boost in PHE report
Public Health England report acknowledges new devices are ‘considerably less harmful’ than cigarettes
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NewsTesco and Nestlé lead way in plant-based food shift
A report by food and farming thinktank FAIRR has named the two companies as best-placed to take advantage of the trend towards plant-based eating