All Finance articles – Page 54
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News
Little Freddie babyfood pouches contain almost double advertised sugar levels
Little Freddie babyfood pouches have been found to contain higher levels of sugar than stated on pack labelling, with some products having almost double the amount of sugar listed in the nutritional information
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News
WH Smith’s profits surge on travel growth
Profits from shops in the UK’s railway stations, airports and hospitals rose by 20%
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News
Budget tax raid ‘not significant for us’, says Premier Foods CEO
Premier has estimated the cost of the changes and says ‘it’s not a huge number’
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News
Just Eat finally finds buyer for Grubhub
It has sold Grubhub for $650 million, just four years after buying the US food delivery app for $7 billion.
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Media Bites 14 November: Homebase, Just Eat, Asda market share
The demise of struggling retailer Homebase is one of the main topics of coverage for the nationals this morning
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News
City snapshot: Premier Foods boosted as shoppers switch back to brands
Premier Foods has grown first-half sales supported by double-digit volume growth as consumers switched back to brands. Plus, annual results at WH Smith and interims at B&M Bargains
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News
Samworth Brothers puts Soreen up for sale
The Leicestershire-headquartered group is working with long-standing financial advisor Spayne Lindsay to explore a sale of the business
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News
Morrisons own-label bakery Rathbones sinks to a loss as Hovis speculation mounts
Newly filed accounts at Companies House from Rathbone Kear Ltd revealed the own-label supplier increased revenues 13% to £70.5m in the 52 weeks ended 29 October 2023
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News
EG Group clears immediate debt burden with sale of UK forecourts
Founded by the Issa Brothers in 2001, EG Group is several billion pounds in debt
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News
Kestrel Foods sustains rapid ascent amid stagnant snacking sales
Kestrel Foods was ranked among the top 50 fastest-growing brands this year
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News
YF hires Rob Dixon as commercial services director
Dixon will lead YF’s commercial team, responsible for sourcing and scaling high-potential brands
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News
ASA in crackdown of ‘misleading’ adverts by wine investment companies
The rulings are part of a wider body of work by the watchdog around unregulated investments
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Media Bites 13 November: Post Office, grocery inflation, M&S vs Waitrose
Plans for the Post Office have been revealed, one year after the TV drama brought the scandal to the public attention
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City snapshot: Just Eat sells Grubhub for $650m
Just Eat bought the company for over $7bn less than four years ago. The markdown reflects the company’s poor performance since then as it struggled to compete with rivals like Uber Eats. Also, cautious shoppers are reigning in their food bills ahead of Christmas
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Comment & Opinion
Why KP Snacks is finally buying into peanut butter
Why the UK’s leading peanut supplier KP Snacks has finally made the move into peanut butter with the Whole Earth acquisition
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News
Female-focused Neurita Tequila raises over £100k from crowd
The business is looking to capitalise on tequila’s booming popularity
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News
Pipe dream dead for Martin Lewis-backed tech firm Magway
Magway’s ambition was for pods powered by magnets to carry products along pipes from distribution centres to consumers
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News
Ranjit Singh slams ‘disaster’ farm tax and warns of shortages and inflation
The ’Chicken King’ has warned changes to inheritance tax will force many farms out of business, while also restricting supply and driving up prices