All Finance articles – Page 681
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News
Currency issues drive 2% drop in SABMiller reported revenues
SABMiller’s group net producer revenue (NPR) grew 4% in the financial year from April 2014 to March 2015, the company announced in a trading update today.
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News
WH Smith profits rise in face of falling sales
Sales have dipped while pre-tax profits continued to grow at high street retailer WH Smith, according to its interim financial results released today.
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Media Bites 16 April: Tesco, Sainsbury’s, Co-op
Tesco gets set to hand back last corporate jet; Sainsbury’s reveals plans to give food space over to non-food; and new Co-op chairman Allan Leighton is accused by old guard of being a ‘dictator’.
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News
Crawshaw carves space into the North West with £3.9m Gabbotts deal
Crawshaw Group is taking steps toward its ambitious target of running 200 stores after paying £3.9m to snap up Gabbotts Farm.
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Media bites 15 April: Poundland, CPI inflation, Phones4u
Most of the papers remark upon Poundland breaking through the £1bn sales barrier yesterday.
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City snapshot: Currency movements help Danone to 8.1% Q1 growth
Danone makes a strong start to its financial year, Nestle confirms talks with Brakes Group over frozen division sales and all the rest of the latest news from the City.
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News
Three senior directors axed at Nisa as new boss Nick Read rings the changes
Nisa chief executive Nick Read has become the latest new retail boss to make sweeping changes to his senior management team in a bid to arrest poor trading.
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Comment & Opinion
Conservative Manifesto: Cameron offers a prominent role for farmers
Conservative policy offers a lot for farmers to get their teeth in to
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News
Conservative Party promise to work with food industry in new manifesto
The party’s manifesto launched by David Cameron in Swindon today, unveiled plans for a Great British Food Unit to promote food exports
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News
Poundland sales break through £1bn despite fourth quarter slowdown
Sales at Poundland soard through the £1bn barrier last year after the fixed price discounter achieved an 11.8% revenue boost on a constant currency basis.
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News
Media bites 14 April: Tesco, Morrisons, retail sales
Tesco could post a bigger than expected writedown on its UK supermarkets when it announces its annual results next week, Casper Meijer “forced out” of Morrisons for refusing to relocate to the UK.
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News
City snapshot: Poundland sales up 11.8% as revenues pass £1bn
Poundland achieved an 11.8% revenues boost in the 12 months to 28 March with sales, excluding its Spanish trial, reaching £1.1bn. UK retail sales increased by 3.2% on a like-for-like basis during March, Majestic Wine shares soar plus the all the latest from the City.
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News
Bakeaway sale saves the jobs of 60 staff
A Midlands-based baking products manufacturer which supplied the supermarkets and the food service industry has been sold out of administration, saving the jobs of all 60 staff.
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Comment & Opinion
Labour manifesto: Miliband strikes an uneasy relationship with business
With pledges on NMW, business rates, the GCA and action on sugar, today’s launch didn’t clear much up for the industry
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News
Another Morrisons senior director departs as Casper Meijer moves out
The retailer said Dutchman Meijer had decided not to commit to living a fuller part of his life in Britain, as his family remain living in the Netherlands
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News
Labour manifesto pledges include sharp rise in NMW, targets on sugar and alcohol content
Labour also confirmed plans to extend the role of the Groceries Code Adjudicator, and a levy on tobacco companies
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News
Takestock food waste firm picks up joint venture backing
Takestock.com is a marketplace for surplus food and drink, including beverages, fresh fruit and frozen food, but also sells food packaging and other equipment
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News
City Snapshot: Carr's posts record first-half performance
Listed agriculture and milling group Carr’s has increased pre-tax profits despite its revenues dipping in a record first-half performance. Plus Halfords loses another leading executive.
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News
Media Bites 13 April: Deflation, Co-op, Asda
Britain could be heading for deflation for first time in half a century; Co-op top brass set for bumper bonus; and Asda begin the search for a new chief eoperating officer.