All Finance articles – Page 5
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NewsFortnum & Mason profits surge after loyalty and digital push
As part of CEO Tom Athron’s ongoing strategy to make the 319-year-old grocer more ‘relevant’ to everyday shoppers, Fortnum’s launched its first-ever loyalty scheme, and overhauled its data and technology capabilities
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NewsLindt & Sprungli protects profits with 19% price hike
Lindt & Sprüngli has managed to increase its operating profit margin, despite “unprecedented” high cocoa costs in 2025
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NewsWilliam Jackson Food Group profits hit by foodservice slump
Despite “good growth” in the group’s retail, DTC, export and wholesale offerings, overall sales at William Jackson fell 1.5% to £332.1m last financial year
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NewsWholebake appoints new CEO to lead growth agenda
The new hire has succeeded Peter Unsworth, who stepped down but remained with the company as a non-executive
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NewsTHG finishes 2025 on a high
THG has beaten its forecasts for annual growth after finishing 2025 with its best quarter of the year
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NewsChristmas retail sales ‘drab’ as growth slowed, says BRC
Total retail sales slowed for the fourth consecutive month in December, while volume growth was weak in food
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NewsCompleat Food Group poaches new MD from Mars
The new hire arrives at a ‘significant time’ for the group, which is expected to surpass £1.4bn in sales in FY2026
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NewsTDR-backed Jollyes enjoys ‘strong’ Christmas sales as store expansion continues
TDR-owned Jollyes kicked off 2026 by announcing the locations of its next four newest stores
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NewsWoods Foodservice buys Michelin-star supplier John Mower
Woods Foodservice has acquired rival John Mower in a multimillion-pound takeover
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NewsGraham’s and Rodda’s grow sales but margins squeezed
Margins were squeezed at both family-owned businesses in the year ended 31 March 2025, resulting in a £1.9m fall in operating profits at Graham’s to £2.6m and a dip from £1.8m to £806k at Rodda’s
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NewsGutology secures £1.8m for gut health toothpaste expansion
The business intends to use the backing from Active Partners – alongside Mercia Ventures – to accelerate product development across oral care and synbiotic formulations (a mixture of probiotics and prebiotics) in other categories
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NewsMicroSalt shares rally after sales beat forecasts
Shares leaped 21% to 51.9p as markets opened in London
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NewsPuffPizza secures £75k in ‘turning point’ investment for Sardinian startup
PuffPizza, a startup selling Sardinian-inspired pastry pizzas, has won £75k in seed funding, furthering its mission to ‘redefine frozen convenience food’
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NewsLady Bamford’s Daylesford Organic back in the black
Increased retail and wholesale demand was joined by the first full year of operations at its dedicated events space
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NewsHeineken CEO to leave brewer after six years as boss
Heineken has kicked off a search for a successor to the top job, while Van den Brink has agreed to stay with the business in an advisory role for eight months as part of a transition period, starting 1 June
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News555 Amanda announces new UK division along with new GM
The Denmark-based company has traded in the UK since the 1950s, mainly serving the fish and chip sector, and has recently seen increased demand from retail, foodservice and manufacturing
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NewsTesco and M&S shareholders react to Christmas results
Christmas sales at Tesco and M&S were received differently on the stock market on Thursday – and not as you might have expected, given the news they delivered
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NewsSainsbury’s ‘observing’ impact of GLP-1 drugs but defends offer
Rival grocers Morrisons, M&S, Co-op and Iceland have all been quick to roll out specific ‘GLP-1 friendly’ ranges this year
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NewsDiageo EABL stake sale ‘should proceed uninterrupted’ Kenyan high court rules
The legal case would now be heard on 20 January, the court said
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NewsModern Milkman slashes operating losses for second year in a row
The DTC business has cut its operating loss by 42% to £6m compared to £10.5m in 2023, as part of a continuation of the group’s profitability improvement plan