All Finance articles – Page 455
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NewsMedia Bites 16 March: Unilever, PZ Cussons, Tesco
A Unilever special this morning as the papers explore the reason the Anglo-Dutch consumer giant is ditching London for Rotterdam and if its denails the move relates to Brexit hold water.
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NewsConviviality faces fight for survival in cash crunch
Booze giant Conviviality faces a battle for survival after a week of turmoil that saw more than £350m wiped from its value and PwC called in for help.
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Analysis & FeaturesCotton prices rise to 2014 levels
An outbreak of pink bollworm has damaged the Indian cotton crop…
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Comment & OpinionWhat does Unilever’s move to Rotterdam tell us about Brexit and the UK's future?
The fmcg giant insists it remains committed to the UK, and its announcement this morning focused on the “evolution” of its structure into three divisions
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NewsGCA warns mults off charging for better website positioning
Tacon also made an appeal for suppliers to come forward to take part in her annual groceries sector survey
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NewsElla's Kitchen founder Paul Lindley to leave the company
His first book, Little Wins: The Huge Power of Thinking Like a Toddler, was published in April last year
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NewsCity snapshot: Unilever ditches UK HQ for Netherlands base
Unilever has said that it plans to ditch the UK as its headquarters and will be now become a single entity based in the Netherlands. Plus PZ Cussons issues profits warning, under-pressure Conviviality cancels dividend and all the rest of the latest news from the City.
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NewsMedia Bites 15 March: Morrisons, Conviviality, Walmart
Morrisons full-year results and investor dividends as well as another profits warning from Conviviality are covered in the papers this morning.
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NewsWhey Box secures six-figure funding package to boost growth
Fast-growing protein powder deliver start-up Whey Box has secured a six-figure funding package from HSBC to help boost production capacity as it targets further listings in the big four supermarkets.
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NewsCoffee chain MangoBean rescued from administration
North-East based national coffee chain MangoBean Coffee has been rescued from administration, safeguarding all jobs at its Newcastle-upon-Tyne head office.
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NewsMenzies Distribution for sale after DX merger scrapped
Parent company John Menzies confirmed a sale process has begun
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NewsHMRC to create new duty category for ‘heat not burn’ products
Heated tobacco products are currently assessed by the taxman on a case-by-case basis to determine the appropriate liability for duty
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NewsConviviality calls in PwC after unexpected £30m tax bill
The ailing booze giant is to meet with HMRC and key stakeholders
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NewsConviviality suspends shares after week of turmoil
The Bargain Booze and Matthew Clark owner’s shares have crashed by around two thirds since last Thursday
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NewsMedia Bites 14 March: Greencore, Fever-Tree, Budget statement
Greencore’s profits warning, Fever-Tree’s annual results and Phillip Hammond’s spring statement are in the headlines this morning.
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NewsCity snapshot: 'Strong year' for Morrisons sees progress on sales, profits and debt
Morrisons has announced a 2.8% rise in annual like-for-like sales, a double-digit jump in profits and a large reduction of net debt as its recovery under CEO David Potts continues. Plus, Conviviality shares suspended “pending an announcement”, Greencore drops 30% on yesterday’s profits warning and all the rest of the latest news from the City.
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News‘Arithmetic error’ to blame for wiping £365m off Conviviality
Conviviality has updated the market after its shock profits warning on Thursday to confirm that its full-year adjusted EBITDA will be around £14m lower than previously forecast.
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NewsHammond 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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NewsGreencore 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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NewsFever-Tree looks to tequila for future growth, says CEO
The brand has also hinted at bourbon and whisky brand partnerships over the coming year…