All Finance articles – Page 550
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NewsMedia Bites 8 Feb: Co-op, Aldi, Booker
“Co-op’s future in doubt as ‘saviour’ heads for exit” is the headline in The Times (£) over the shock departure of Co-op boss Richard Pennycook.
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NewsNaturo looks to double petfood output with £3m investment
The investment in the brand’s Northern Ireland facility includes a new meat handling system
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NewsCauli Rice smashes £400k target in new crowdfunding round
Cauli Rice has raised more than £2m across four rounds of crowdfunding stretching back to September 2014.
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NewsMedia Bites 7 February: Metro, Ajinomoto, Boots, Tyson Foods
It’s a quiet morning in the papers for UK grocery news, but there are a few international stories, including Metro shareholders voting overwhelmingly in favour of the German retail conglomerate’s plans to split in two.
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NewsCity snapshot: Aldi knocking on the door of big four
Aldi has accelerated passed Co-op to take its place as the fifth biggest food retailer in the UK, the latest Kantar Worldpanel data has revealed. Plus, the latest figures from Nielsen and the BRC - KPMG retail monitor for Jannuary.
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NewsFood chain traceability specialist Arc-net secures £2m investment
Irish start-up Arc-net, a specialist in food chain traceability, has secured a £2m investment from the founder of one of the world’s largest medical outsourcing firms to support its rapid growth.
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NewsFood packaging firm Excelsior Technologies acquired by Mondi in £33m deal
Food packaging producer Excelsior Technologies has been snapped up for £33m by global firm Mondi Group.
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NewsCall for 2% wine and spirits duty cut ‘to save British pubs’
Move would be equivalent to a £594 tax cut for every landlord, says WSTA
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NewsGlanbia makes two international nutrition acquisitions
Irish nutrition group Glanbia has announced two acquisitions this morning totalling €181m as it looks to grow its international footprint.
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NewsMedia Bites 6 Feb: Amazon, Tesco/Booker, Business rates
Amazon has begun searching for high street locations in prime areas of central London ahead of the potential launch of a checkout-free grocery chain later this year.
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NewsQ&A with Ocado CFO: Amazon, robotic arms and one-hour delivery
Duncan Tatton-Brown talks emerging threats and Morrisons’ increasingly cosy relationship with its largest competitor
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NewsSayers reports sales decline amid 'challenging year'
North West bakery chain Sayers slipped to a loss last year after it said Brexit had shaken consumer confidence
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NewsOcado shares rise and fall as profits improve
Patient Ocado shareholders received a boost on Tuesday as the online grocer posted better-than-expected full-year profits
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NewsTayto grows popcorn with Portlebay rescue
Tayto hopes to tap booming appetite for popcorn after putting together a pre-pack rescue deal for premium brand Portlebay
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Analysis & FeaturesBrexit white paper gives food & drink cause for optimism
Securing rights for EU nationals in the UK and UK nationals in the EU is named as a key objective
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NewsEuro Garages snaps up Little Chef
But Little Chef brand is not part of deal, throwing future of 78 roadside premises into doubt…
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NewsMedia Bites 3 February: Reckitt Benckiser, Tesco/Booker, lettuce crisis, Aldi, business rates
Talks between Durex maker Reckitt Benckiser and baby formula firm Mead Johnson to thrash out terms of a £13.2bn takeover dominate the business pages today.
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NewsCity snapshot: Campari snaps up craft brand Bulldog Gin in £56m deal
Italian drinks business Gruppo Campari has broadened its portfolio of craft spirits with the acquisition of Bulldog London Dry Gin in a deal worth $70m.
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Comment & OpinionCatering, not indie retail, is the key to Tesco-Booker merger
It is great to hear that everyone will benefit from the Tesco ‘merger’ with Booker - but it’s also somewhat disingenuous
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NewsLoss of Sainsbury's salmon strips £90m from Young's sales
Young’s Seafood annual sales dropped by almost £90m in the year to 30 September 2016