All Finance articles – Page 47
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News
Hip Pop welcomes former Olipop CFO as investor and strategic advisor
Phil Trowler has taken an undisclosed stake in the brand
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News
Whitby Seafood profits dampened by failed Kilhorne Bay acquisition
Whitby’s attempt to buy Kilhorne Bay Seafoods was blocked by the CMA
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City snapshot: Sharon White appointed Frontier Economics chairman
Dame Sharon White is to take on the role of chairman of economic consultancy Frontier Economics, replacing Gus O’Donnell, who has held the post for the last 11 years
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News
Media Bites 21 October: Animal welfare, Halloween, TikTok
Just 2.3% of all animal welfare breaches in the UK are being prosecuted, according to a new report
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News
Grolsch reduced to 3.4% abv after sales collapse
The move will save Asahi UK 23p in excise duty for every 440ml can of Grolsch sold
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Comment & Opinion
New Labour government losing goodwill gloss already
There are very few sacred cows Rachel Reeves is reportedly unwilling to slay in what she warned this week would be a “difficult” budget
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News
Media Bites 18 October: Nestlé, Tesco, retail sales
Tesco and Shell are to buy the entire output of a controversial solar farm under construction on the Kent coast
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News
City snapshot: Food sales decline during bad weather and shopper spending restraint
Falling sales in supermarkets has dragged down growth on the high street in September as shoppers cut back on luxury foods, the latest ONS figures revealed
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News
NFU boss hits out at government’s food sector ‘policy paralysis’
Farmers were growing increasingly frustrated at a lack of concrete policies on a raft of major issues, warned Tom Bradshaw
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Comment & Opinion
PerfectTed’s Nespresso pods are a potential game-changer for matcha
With its vibrant green colour and accompanying ’hot-girl’ aesthetic, matcha tea was arguably *the* drink of Charli XCX’s ’brat summer’
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News
Tate & Lyle targeted by US buyout specialist Advent International
Although there is no certainty an offer will be made, it is expected to be higher than Tate & Lyle’s £2.8bn market value
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News
Infinite Roots secures £2m to explore whey upcycling tech
The German business is working with the Hamburg University of Technology to develop technology to upcycle whey into a fermentation feedstock for its mycelium, paving the way for the creation of new food ingredients and products
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News
City snapshot: Nestlé downgrades growth forecasts on weak shopper demand
Nestlé has lowered its growth expectations for the year after a disappointing third quarter as the world’s biggest food company struggled with soft consumer demand. Plus, Tate & Lyle shares boom on takeover speculation, and Deliveroo and Pernod Ricard report quarterly results
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Media Bites 17 October: M&S, BrewDog, Tate & Lyle
A busy morning in the papers for fmcg sees a spotlight on the latest NIQ supermarket data, BrewDog financial results and takeover speculation at Tate & Lyle
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News
Collapsed grocer Melrose & Morgan relaunches with DTC proposition
The business’ assets were bought out of liquidation by former head chef Mauro Faure
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News
BrewDog ‘near return to profit’ founder insists, as pre-tax losses balloon
BrewDog has not recorded a pre-tax profit since the £1.1m it booked in 2019
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News
IGD veteran Nick Downing joins YF as business development head
Downing spent the past 23 years at IGD, where he was instrumental in expanding the organisation’s commercial arm as part of the executive team
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News
Gosh loses more sales due to plant-based exodus
Gosh said ‘meat mimics’ were under the most pressure in the market, while losses at Enough doubled in 2023
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News
Red Bull’s fizz finally begins to flatten
The brand’s volume growth eased in 2023 after rising by around 20% for two consecutive years
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News
Vegan Food Group sells German factory to European tofu player
European tofu producer New Originals Company will continue to partner with VFG after buying the Wiesbaum site from the group