All Finance articles – Page 492
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NewsCity snapshot: Tesco plots launch of discount chain to rival Aldi and Lidl
Tesco is hatching a secret plan to launch a new discount chain in an attempt to level the playing field with Aldi and Lidl, it is understood. Plus, Heineken full-year organic revenues increase 5% to €21.9bn as momentum from the first half continued into the second and its flagship brand put in one of its best performances for year; and Nestle acquires a majority stake in Terrafertil, a company selling natural, organic, plant-based foods and healthy snacks.
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NewsG Simmons & Sons scores funding to meet pork scratchings demand
Pork scratchings manufacturer G Simmons & Sons has secured a six-figure bank funding package to help it expand operations to meet surging demand for its products.
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NewsFemale sales directors paid 38% less than men
Real-time salary data showed male sales directors earn £138,885 on average while females in the same role earn £86,600
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NewsWalkers infuriates wholesalers with Booker van move
Walkers has antagonised some of its wholesalers in the wake of Palmer & Harvey’s collapse by partnering with Booker
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NewsOcado share price takes hit as profits stall
Ocado’s share price surge came to a halt on Tuesday after it revealed its annual profits had fallen back into the red
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NewsSainsbury's and Euro Garages terminate forecourt franchise deal
Companies have mutually agreed to end nine-store trial after two years.
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NewsCity snapshot: Tesco sets five year inflation high as annual grocery prices rise 2%
Supermarket price inflation edged up to 2% in the first month of the new year according to the latest Grocer Price Index – but there is wide disparity across the big four, with Tesco price rises swelling the overall figure. Plus another grim day for international stock markets takes its toll on grocery shares and all the rest of the latest news from the City.
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NewsMedia Bites 9 Feb: 2 Sisters, L’Oréal, Compass Group
Job cuts loom at scandal-hit chicken supplier 2 Sisters.
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Analysis & FeaturesPower list 2018: Who is pulling the property strings?
The rise of online, the discounters and multichannel have all rewritten the rules in supermarket property
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News2 Sisters to cut 900 jobs
The poultry giant is planning to close three loss-making factories in wake of last autumn’s chicken scandal
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NewsTesco continues to prop up overall inflation in grocery
Tesco recorded its highest level of price inflation for over five years last month
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NewsWell & Truly seals £400k funding to aid growth
Healthy snacking startup Well & Truly has bagged £400k in capital from female-focused funding network AllBright
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NewsWeetabix sales slip under new owner
Weetabix sales fell 1.2% in the final three months of 2017, according to quarterly earnings reported by Post Holdings
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NewsJust Eat rival Appetise woos crowd for £500k
Online takeaway service Appetise has turned to the crowd to raise £500,000 for a battle against Just Eat
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Analysis & FeaturesCotton prices up due to demand on US stocks
A global shortage of good quality cotton and tightening supplies in India have driven higher prices
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NewsOpitat surpasses £150,000 crowdfunding target
The London brand kicked off a Crowdcube drive on 30 January with the aim of raising £150,000 in exchange for 6.98% of equity
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NewsMedia Bites 8 February: Carlsberg, Poundland, Tesco
It is a quiet morning in the papers in terms of grocery and fmcg news, with Carlsberg in the spotlight following its annual results and Poundland gaining publicity after its Christmas advert was banned by the ASA.
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NewsArla swoops for Yeo Valley dairy business to tap organic boom
Farmer-owned Arla Foods has agreed to acquire the Yeo Valley dairy business as it seeks to cash in on growing consumer demand for organic produce.
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NewsBrexit 'could see Brits face post war-style diets' Lords told
Lords committee warned by FDF that the British had not voted to go back to the “dark times” of rationing in the 1950s
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InterviewsBrewDog CEO James Watt: “Sell out? I'd rather shoot myself”
BrewDog is no longer an upstart in beer, but it’s lost none of its bite