All Finance articles – Page 5
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NewsFreshways snaps up Pembrokeshire milk processor Totally Welsh Dairy
The deal will see Freshways use Totally Welsh’s new glass bottling plant to supply its doorstep delivery service
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Comment & OpinionDarzi report could push Labour to regulate beyond HFSS
Lord Ara Darzi’s report claims the prolific backtracking and u-turns of the previous government have contributed the childhood obesity crisis
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NewsFever-Tree shares lose fizz as mixer brand downgrades sales forecasts
Investors reacted with dismay to a downgrade to full-year forecasts after a damp summer in the UK supressed first-half sales growth
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NewsWaitrose sales up 5% as shopper numbers hit record high
Sales for the 26 weeks to 27 July were up 5% to £3.9m. It said volumes were up 2% while the average cost per items was also up 2%
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NewsFarmison ordered to pay co-founder Pallagi £115K over unfair dismissal
The online meat retailer was bought out of administration by ex-Asda boss Andy Clarke in April 2023
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NewsMedia Bites 12 September: High streets, WH Smith, Post Office, Starbucks
Closures by chemist, pub and bank chains led to almost 2,300 more empty stores on high streets
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NewsJohn Lewis Partnership transformation plan is working, says CEO
A transformation at John Lewis Partnership is “on track” as the retailer reported “a marked improvement” in its first-half results, with strong profit growth at Waitrose. Plus, a damp summer impacts first-half results at Fever-Tree
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NewsPlant-Ex Ingredients secures seven-figure investment from BGF for international expansion
The investment – in return for a minority stake – will help underpin significant international growth for the Bristol-based business, with a particular focus on the US market
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NewsHeinz volumes tumble as shoppers seek cheaper alternatives
Volumes at Heinz have nosedived further as higher prices put off cash-strapped shoppers, but the ketchup and baked beans giant expects to see a turnaround in 2024 as inflation continues to ease
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NewsMedia Bites 11 September: UK economy fails to grow and corkscrew woes
The economy unexpectedly failed to grow in July, while the corkscrew is also on a downward spiral
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NewsCity snapshot: WH Smith launches £50m share buyback as travel division records strong growth
WH Smith group revenue was up 7% in the year ended 14 November, driven by a 10% increase in the travel business, according to a full-year trading update released this morning
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Analysis & FeaturesHas the fizz gone out of Chapel Down?
Declining sales and profitability, alongside the news of its CEO’s departure, have sent shares in Chapel Down tumbling. What lies ahead for England’s leading sparkling winemaker?
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NewsWarburtons adds former Irn-Bru boss Roger White to its board
Warburtons has appointed former AG Barr boss Roger White to its board to support the bakery giant’s long-term growth, The Grocer has learned
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NewsValeo Foods strikes ‘transformative acquisition’ to buy sweet treats maker IDC Holding
Valeo Foods has snapped up a confectionery and biscuits producer in Slovakia as part of the group’s ambitions to become a major player in the European sweet treats market
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NewsCMA opens investigation into Carlsberg’s £3.3bn Britvic takeover
The CMA is inviting comments on the deal from companies and organisations with knowledge of the drinks industry before deciding whether to launch a formal Phase 1 merger inquiry
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NewsMoth seals £4.6m investment to fuel domestic and overseas growth
Moth has enjoyed rapid success since launching in 2021
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NewsCity snapshot: Asda sales slump continues
Asda has lost market share as sales slumped further, with a turnaround at Morrisons beginning to take shape, according to new data from Kantar this morning. Plus, the CMA investigates Carlsberg takeover of Britvic
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NewsMedia Bites 10 September: Aldi, TGI Fridays, Asda, inflation, Carlsberg
Aldi saw UK profits more than triple last year and plans an £800m expansion drive
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NewsC&C Group shakes up distribution deal with AB InBev
From 1 January, C&C will reassume control and distribution of its cider portfolio in Great Britain
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NewsMedia Bites 9 September: Unilever, Tesco, Asda, 7-Eleven, Charlie Bigham
Unilever is finally pulling out of Russia