All Finance articles – Page 552
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NewsFood price deflation slows significantly
Inflationary pressures squeezing suppliers are beginning to filter through to the supermarkets as food price deflation slowed significantly in November, the latest BRC – Nielsen shop price index reveals.
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Category ReportFeeling the squeeze: food on the go category report 2016
Rising costs and doubts over migrant workers post-Brexit finds sandwich suppliers on the front line of an uncertain future
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NewsBiscuit sales suffer as consumer snacking habits change
Brits have lost their taste for everyday biscuits, buying 48.4 million fewer packs over the past year
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NewsTesco and Waitrose follow rivals with banana price rise
Increasing import costs cited by Tesco as price of iconic SKU rises from 68p to 72p
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NewsCity snapshot: Chaucer Food Group bought in $120m Japanese deal
Chaucer is the latest UK-headquartered food group to be snapped up by a foreign buyer in a deal worth more than $120m (£95.4m), The Grocer can reveal. Plus, FTSE 100 fmcg stocks hit by the pound’s recovery and all the rest of today’s news from the City.
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NewsMedia Bites 2 Dec: Pack sizes, Christmas spending, Currencies, M&S
Food groups are increasingly turning to ‘shrinkflation’ to cope with rising costs, according to The Financial Times as suppliers change package sizes to maintain margins.
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NewsChaucer acquired by Japanese instant food maker Nagatanien
The deal will see Chaucer, which produces freeze-dried fruit & veg for global blue-chip clients such as Kellogg’s, Unilever, Nestlé and Starbucks, continue its push into the US, as well as opening up the Japanese market.
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NewsSoft drinks sugar levy 'divides industry', survey shows
Split feelings are proof FDF was wrong to challenge the tax, claim health campaigners
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NewsJustin King blasts 'car crash' Brexit negotiation strategy
Justin King has slammed the government’s Brexit negotiations – a week after claiming it would force supermarket prices up by 5%
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NewsMedia Bites 1 Dec: Plain packaging, Petrol prices, Camelot, Greene King
Big Tobacco is considering a last-ditch attempt to halt the introduction of plain packaging in Britain after its latest legal challenge was thrown out yesterday, writes The Times (£).
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NewsMcCormick expands European presence with €120m Enrico Giotti acquisition
Spices and sauces giant McCormick has acquired an Italian flavourings business in a €120m cash deal to expand its presence in Europe after walking away from its pursuit of Premier Foods earlier this year.
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NewsAngus & Oink close in on BackIt funding target
Barbecue sauces brand Angus & Oink is close to reaching its fundraising ambitions on the Tesco crowdfunding site to help upscale production and launch a new product.
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NewsInnis & Gunn raises £2.5m in crowdfunding campaign
The fundraising values the brewer at almost £50m and put a 4.8% stake in the hands of 2,012 investors.
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NewsTJ Morris targets 450 Home Bargain stores by June 2017
Pre-tax profits for the year to 30 June fell 6.9% to £137m while sales were up 9% to £1.6bn
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NewsMedia Bites 30 November: Iceland, John Lewis, Carlsberg
Iceland v Iceland hits the papers again today as the frozen supermarket chain’s bosses hope for a thaw in relations.
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NewsCity snapshot: Britvic sales fizz as PepsiCo brands grow
Sales have fizzed 10.1% higher at Britvic as its UK portfolio of carbonated soft drinks, including PepsiCo brands, delivered growth to offset declines for the Robinsons range
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NewsCrawshaw confident turnaround strategy is working
The value meat retailer reported “good progress” in restoring sales momentum since the trading update in September.
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NewsCranswick calls for clarity from government on EU workers
It comes as the group posted strong half-year results, with revenues up 16% to £581m on the back of double-digit volume growth.
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NewsChristmas pudding prices set to be pushed up as costs rise
The combined cost of the main ingredients for a traditional Christmas pudding have increased 21% year on year
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NewsPhilip Clarke to avoid charges over Tesco accounting scandal
Three other former Tesco directors face trial next September in connection with the overstatement of its profits in 2014