All Finance articles – Page 59
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NewsMedia Bites 31 January: Trump tariffs, bird flu, alcohol duty
Draught pints will cost 1p less from Thursday because of a cut in alcohol duty in a move intended to help the sector grow, among other news
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NewsSeep cleans up on Dragons’ Den with backing from Trinny Woodall
Founder Laura Harnett secured £50k in return for a 4% stake from Deborah Meaden and Woodall in the latest edition of the BBC One programme, aired this evening
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NewsLove Sum celebrates Lunar New Year with Dragons’ Den investment offer
Sandy Tang launched Love Sum after she made it to the final three on the 2020 series of Masterchef. She hopes the backing of Peter Jones will help propel the ready-to-cook brand into more mainstream supermarkets
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NewsWH Smith shares surge as investors welcome potential high street sell-off
The share price rose 8% following the results on Wednesday, bringing its total gain for the week to more than 12% as investors welcomed news of the potential for a more focused travel group
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Comment & OpinionWho would buy WH Smith’s high street stores? And why?
News of the proposed sale of WH Smith’s high street stores did not come as a surprise – but it would be foolish to bet against the retailer
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NewsKeystone Brewing Group swoops for ailing craft beer brands Fourpure and Magic Rock
Owner In Good Company had ‘fallen into financial difficulties’ said Keystone
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NewsScience in Sport reset now ‘well underway’
The sports nutrition business saw revenue finally pick up in the second half of the year
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NewsMontezuma’s back in black in first year after rescue
Revenues at the business surged in the year to 31 May 2024 to £10.8m – higher than at the chocolate maker’s peak – as new owner Paramount Retail Group focused on a turnaround
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NewsGusbourne falls back on DTC as wine sales stutter
Direct sales now make up a third of the English wine maker’s revenue
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NewsGreencore delivers positive Q1 but warns of ‘unprecedented’ labour cost challenges
Sandwich maker Greencore has reaffirmed its full-year guidance following a ‘strong’ first quarter with volumes growing ahead of the market
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NewsCity snapshot: Fever-Tree shares up 16% after Molson Coors buys stake
Molson Coors is buying a 8.5% stake in Fever-Tree for £71m as part of a long term partnership in the US, Liberation Labs closes a $50.5m fundraise, and retail crime hits all time high.
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NewsMolson Coors buys 8.5% stake in Fever-Tree as part of US tie-up
Fever-Tree co-founder and CEO Tim Warrillow called it a ‘transformational step’
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Comment & OpinionWhy Tesco’s ‘biggest ever Christmas’ didn’t prevent it from cutting jobs
Just 21 days have passed since Tesco said sales were up 4% over Christmas – but today’s job cuts meant that success was short-lived
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NewsDiageo sells Cacique rum to La Martiniquaise
It’s the second brand sold by Diageo in six months
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NewsCMA launches investigation into sale of The Famous Grouse
The blended whisky is the fourth-biggest spirits brand in the UK off-trade
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NewsCalls for EU closeness as government gears up for new trade strategy
The EU has also alluded to the possibility of having Britain join its tariff-free area, the Pan-Euro-Mediterranean Convention
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NewsCity snapshot: WH Smith high-street sales slides but Morrisons is on the up
WH Smith’s high-street stores saw sales fall 6% as the company gears up for a potential sell-off. Morrisons delivered its strongest quarter for almost four years
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NewsMorrisons turnaround gathers momentum to end the year on a high
Morrisons has delivered its strongest quarter for almost four years following a year of ‘urgent reinvigoration and positive progress’
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NewsMedia Bites 29 January: Rachel Reeves speech, Diageo, WH Smith and Starbucks
Chancellor Rachel Reeves will give a speech later this morning
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NewsNaked Wines give investors first glimpse of possible turnaround
Naked has pivoted away from attracting customers through heavy discounting