All Finance articles – Page 5
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NewsCotswolds Distillery nets over £1m in latest funding push
Since its launch in 2014, the gin and whisky maker has raised over £12m
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News
Enfield retail park to be redeveloped for online sellers after M&G sale to Prologis
Ravenside Retail Park in north London’s Edmonton had been owned by M&G, the investment firm that last month banned withdrawals by investors from its property fund
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Euro Food Brands hails ‘strong’ outlook despite Illy’s foodservice demerger
The specialist distributor said it was able to replace lost revenue with new growth from existing and new customers
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Potts blames ‘year of uncertainty’ as Morrisons posts Q3 sales decline
Potts said there had been “no Boris bounce” for supermarkets after the election
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City snapshot: Morrisons sales slide in the run-up to Christmas
Morrisons like for like retail sales slid 1.7% in the 22 weeks to 5 January. Plus, the UK grocery industry has experienced its worst Christmas period since 2014 according to the latest market share figures and all the rest of the latest news from the City.
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Media Bites 7 Jan: Aldi, Jamie Oliver, Brexit
Christmas sales at Aldi topped £1bn for the first time, but the discounter experienced a slowdown in UK sales growth during the busy festive period
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Pasta straws maker Stroodles raises £180k to disrupt straw market
The brand producing a pasta alternative to plastic straws will use the funds to expand its sales team, fund marketing and NPD
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Comment & Opinion
Government must take on the corporate tax avoiders feasting on our high streets
Our high streets have been in decay for decades. It’s time we stood up to Amazon and levelled the playing field, says Joanna Blythman
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Analysis & Features
Who were the winners and losers on the stock market in 2019?
2019 was another turbulent year for many grocery and FMCG stocks
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News
Tesco launches new wave of price cuts and Clubcard discounts
The offers will cover brands including PG Tips, Birds Eye, Cathedral City, Colgate and Persil
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City snapshot: Aldi sales surge 7.9% over Christmas
Aldi has announced its total sales jumped 7.9% in the four weeks to 24 December to break £1bn for the first time.
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Media Bites 6 Jan: Supermarket sales, Just Eat, Compass Group
The supermarket giants will reveal underwhelming Christmas sales figures this week, as the relentless pressure from discount rivals continues to cast a shadow over the sector.
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Scandinavian Tobacco Group acquires Dutch cigar maker Agio Beheer BV
STG first announced the deal on 16 September and it completed yesterday (2 January)
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ASF pandemic makes pork fraud a real threat, warns Chris Elliott
Soaring demand for pork created by ASF left the sector open to fraud, warned industry group FIIN
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Festive online sales surge at Next to beat expectations
Retail bellwether Next has posted solid growth in the festive period, though in-store sales continued to fall as customers shifted to online.
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Media Bites 3 Jan: Retail footfall, US vaping, Vegan food to go
Footfall across Britain’s shopping destinations fell over the crucial post-Christmas trading period even as retailers slashed prices to lure customers.
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Dash Water nets £1.6m funding and new senior management trio
The brand raised the sum from existing and new investors
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National minimum wage hikes will hit high street hard, warns the ACS
The wage is set to rise by 51p in April to £8.72 per hour
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Aldi to expand its Scotland estate with six stores
The discounter said the new stores would lead to the creation of 200 jobs
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City snapshot: UK high street suffers worst year for a quarter of a century
UK retailers shed more than 140,000 employers and shuttered over 16,000 shops as the industry suffered its worst conditions for 25 years, according to the Centre for Retail Research.
