All Finance articles – Page 466
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NewsDuck specialist Gressingham Foods enjoys 6% value sales boost
Sales for Gressingham, trading under the name Green Label Foods, rose from £100.6m to £106.8m
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NewsCity snapshot: Ocado’s retail sales growth slows to 11.6% in fourth quarter
Ocado has posted a slowdown in fourth quarter retail sales growth to 11.6% amid capacity constraints owing to a shortage of drivers. PZ Cussons announced a rise in first half profits, but a 10% drop in earnings and all the rest of the latest news from the City
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NewsMedia Bites 14 Dec: Tesco, Chapel Down, Lottery
The Serious Fraud Office has been accused of misrepresenting evidence, giving “sinister meanings” to innocent events and documents and failing to properly investigate an alleged accounting fraud at Tesco, writes The Times.
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NewsWilliam Jackson to invest £40m in second bakery to tap food-to-go boom
The new facility has been designed specifically to make bread for sandwich manufacturers and food service customers, with 100 jobs to be created once operational.
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NewsKevin Lane to step down as Ornua CEO in June 2018
Lane has overseen international and domestic expansion for the Irish dairy co-op
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NewsBAT set for second half profit growth but currency tailwind reduces
British American Tobacco has issued a second half pre-close trading update, stating it is on course to hit earnings growth expectations amid market share growth, but currency tailwinds are declining.
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NewsMedia Bites 13 Dec: Grocery market share, P&H, Shopping centres
Shoppers prepare for £4.2bn Christmas supermarket sweep, writes The Times (£) on yesterday’s market share figures.
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NewsMorrisons and Sainsbury’s shares plunge on market share losses
Shares in both Morrisons and Sainsbury’s have fallen by over 4.5% today on poorer than expected performance in the latest grocery market share figures from Kantar Worldpanel and Nielsen.
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NewsUK inflation rises to highest level since 2012
The UK Consumer Prices Index has risen to 3.1% in November – its highest level since March 2012.
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NewsMedia Bites 12 Dec: Whitbread, Transport, Tesco
An activist investor that has built a position in Premier Inn and Costa Coffee owner Whitbread is likely to push for a break-up, a shareholder has predicted.
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NewsCity snapshot: Highest inflation since 2013 drives 12-week grocery sales up 3.1%
Grocery sales for the 12 weeks to 3 December rose by 3.1%, according to the latest market share figures from Kantar Worldpanel
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NewsExperts warn meat tax would gamble with consumer health
Mick Sloyan of AHDB warned a meat tax was an “incredibly blunt tool for a complex problem”
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NewsLactalis salmonella scare 'does not affect UK' FSA confirms
Some 620 products have been withdrawn following outbreak linked to factory in north-west France
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NewsSnow across UK disrupts online grocery orders
Sainsbury’s has warned of potential delays due to adverse road conditions
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NewsCautious consumers to sap 'sparkle' from Christmas trading - BRC warns
Black Friday deals helped improve shopper footfall in November but depleted consumer confidence could prove a drag on Christmas trading, the British Retail Consortium warned.
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NewsMedia Bites 11 December: Flora, Ocado, Iceland, Steinhoff
Flora margarine is on the verge of changing hands as bidders prepare to submit formal offers for Unilever’s £6bn spreads business, according to reports in the weekend’s papers.
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NewsTesco inflationary price hikes outstrip big four rivals
Tesco shares were boosted after Goldman Sachs suggested it was passing on less of the inflationary pressures to customers
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NewsChris Edwards to drive recovery of Poundstretcher as CEO
Value retailer Poundstretcher is understood to have brought in former Poundworld boss Chris Edwards to lead its battle against falling sales
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NewsGraham’s Family Dairy profits fall 9% despite double-digit sales jump
Scottish dairy group Graham’s has boosted annual revenues by 20% but profits declined 9% as margins remained tight amid challenging industry conditions.
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NewsDublin delivery service Buymie sources funds for UK launch
Start-up has raised £328,700 on Crowdcube in 10 days