All Finance articles – Page 526
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NewsThe Cotswold Distillery secures £1.5m in funding round as craft spirits demand soars
The Cotswold Distillery has raised more than £1.5m in a fundraising round to keep up with higher-than-expected demand for its new whisky.
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NewsAndy Leeser to advise Palmer & Harvey on refinancing process
Tobacco giants are considering investment in P&H following Tesco Booker deal
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NewsJohn Mills made managing director at Landmark Wholesale
Mills replaces Martin Williams, who left the buying group in December 2016 after more than 33 years
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NewsMedia Bites 29 March: Tesco, article 50, Weetabix, Irn-Bru
Tesco continues to fall under the media glare in Tuesday’s papers as it agreed to pay a whopping fine to avoid prosecution in the fraud case.
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NewsCity snapshot: Coffee chain perks up sales and profits at Welsh brewer Brains
Welsh brewery Brains has continued to benefit from its expansion into coffee as profits soared 23% to £5.5m last year
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NewsCornish pasty maker Rowe’s acquired by turnaround specialist
Lossmaking Cornish bakery chain Rowe’s has been snapped up by global turnaround specialist Iberia Industry Capital for an undisclosed amount.
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NewsAG Barr profits sparkle as Irn Bru maker cuts sugar across its range
Shares in the Irn-Bru maker fizzed 2.2% higher to 559.5p on the back of its results in the year to 28 January.
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NewsTesco fraud fine and agreement: what the analysts say
Analysts react as Tesco reaches agreement with the SFO
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NewsKen McMeikan to step down as CEO of Brakes Group
During his tenure at Brakes, he increased profits by 42% to £183m
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NewsCity snapshot: Tesco fined £129m for profit overstatement scandal
Tesco (TSCO) has announced this morning it has agreed with the UK Serious Fraud Office to pay a £129m fine to avoid prosecution for its 2014 accounting scandal
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NewsMedia Bites 28 March: Tesco investors warn against Booker deal
“Call off Booker takeover, Tesco investors demand” is the main business headline in The Times (£) this morning on reports that two major Tesco shareholders have warned against pursuing the £3.7bn deal.
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NewsCapVest confirms acquisition of Karro Food Group
Private equity firm CapVest has confirmed it has agreed to acquire pork processor Karro Food Group from Endless, as revealed by The Grocer on 17 March.
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News99p Stores falls into administration
Poundland has placed 99p Stores into administration a little more than two years after the fixed-priced retail chain snapped up 250 stores from its rival
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NewsABF buys two sports nutrition companies
Associated British Foods has acquired two UK-based sports nutrition businesses documents at posted at Companies House have revealed. Plus Conviviality’s Diana Hunter takes non-exec roll at investment fund and all the rest of the latest news from the City.
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NewsMedia Bites 27 March: Tesco, EU food trade, Booths
Tesco is in advanced talks about a deal with prosecutors that would involve it paying a huge fine over the 2014 financial reporting scandal that saw it exaggerate its profits by more than £300m.
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Analysis & Features'Sprexit' is not enough to satiate demanding Unilever investors
Reports that Unilever is preparing to sell off its spreads business make sense as the group looks to return cash to shareholders, but ‘Sprexit’ alone won’t be enough to satisfy its increasingly demanding investors.
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NewsMorrisons cuts time to pay smaller suppliers to 14 days
Morrisons is shortening its payment terms for its smaller suppliers to a maximum of 14 days
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NewsPreva Produce creditors face uncertain wait for £4.7m owed after fraud pushed supplier under
Potato processor Preva Produce was pushed into administration last year following the discovery of fraud and accounting irregularities, according to documents filed at Companies House.
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NewsCity snapshot: Sales hit by weak pound at fmcg packaging supplier Robinson
Revenues slumped 6% at packaging manufacturer Robinson in 2016 as volume fell 8% and the group was hit by adverse currency exchange movements.
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NewsScience in Sport makes gains in supermarket sector
Sports nutrition specialist Science in Sport grew its UK grocery sales by 25% last year as the category receives more shelf space in the traditional supermarkets.