All Finance articles – Page 686
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News
City snapshot: Sainsbury's Q4 like-for-like sales down 1.9%
Sainsbury’s like-for-like sales drop in the fourth quarter edges out to 1.9%, while 2 Sisters Food Group owner Boparan has announced a 1.6% fall in second quarter and all the other latest news from the City.
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News
Panesar Food agrees £7.4m bank finance package
A specialist sauce and condiment maker in the Midlands is set to expand its production capacity after securing a seven-figure bank funding package.
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News
McColl's bosses scoop share awards but miss out on annual bonus
Executives at newsagent chain McColl’s received a £5.3m share-related bonus last year after the company’s IPO on the London Stock Exchange, but missed out on a profit-based annual bonus.
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News
Business tax rate review announced by government
The review, set to report in 2016, would look at how businesses use property, what the UK can learn from other countries, and how to modernise the system
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News
Co-op staff welcome 8.5% pay rise proposal
The proposal is worth in excess of £85m a year and will see minimum pay rates for a full-time employee increase
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News
City Snapshot: PureCircle sales climb as stevia goes mainstream
Sales at stevia producer PureCircle have climbed by 24% to $43.2m in the company’s first half
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News
Media Bites 16 March: GCA, high streets, Diageo
Whitehall emails show teething troubles for the Groceries Code Adjudicator; a report on the UK high street finds more shops close than open in 2014; and Diageo backs down on lengthening supplier payment days.
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News
Nakd and Trek valued at £50m as Natural Balance seeks investment
Natural Balance has experienced strong growth in recent years as it tapped shifting consumer attitudes to healthy eating
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News
FrieslandCampina predicts 2015 dairy growth despite end of EU milk quota
Global dairy firm FrieslandCampina has warned that the disappearance of the EU milk quota could lead to more volatility in the dairy market, but remains upbeat about 2015 prospects.
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News
Mr Shericks Shakes seeks £250k of crowdfunding to grow brand
The adult-orientated milkshake brand created by ex M&S buyer Andrew Sherick is seeking £250m of crowdfunded investment to grow its brand and range of products.
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News
Aurivo acquires sports nutrition brand For Goodness Shakes
The company behind UK-based sports drinks brand For Goodness Shakes has been acquired by Irish agri-business Aurivo.
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Analysis & Features
El Niño uncertainty triggers food commodity supply fears
Scientists have confirmed the presence of El Niño, and that it is to be relatively weak, but cannot yet tell producers the duration
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News
Media bites 13 March: Morrisons, Waitrose, BHS
Not unexpectedly, Morrisons’ near £800m loss yesterday gets plenty of coverage with most of the focus on the £1.3bn property write-down and the closing of 23 convenience stores.
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News
City snapshot: Waitrose's weekly sales tick up after annual profit fall
There was some cheer for Waitrose bosses this morning as its weekly sales ticked up slightly after their recent flatlining
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News
Waitrose commits to Tesco price match promise in the face of plummeting profits
Waitrose has reaffirmed its commitment to continue matching Tesco on branded goods in 2015 despite its profits plunging by almost a quarter in the previous year.
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News
R&R Ice Cream buys Nestlé's South African ice cream arm
R&R ice cream, the third-largest ice-cream manufacturer in the world, has bought Nestlé South Africa’s ice-cream business for an undisclosed price.
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News
Sir Philip Green agrees to sell off BHS
The Arcadia boss is selling BHS to the investment firm after 15 years of ownership
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News
Waitrose operating profits tumble 23.4%
A significantly higher level of investment and one-off items have bitten a large chunk out of Waitrose’s operating profits
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Analysis & Features
Cadbury and Nestlé cut egg prices as Easter fight looms
The average price across the category is static, however, with own-label lines down 6% year on year
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News
Quorn to invest £40m in bid to become a £1bn food giant
Quorn Foods is embarking on a £40m investment drive to continue to fuel its rapid growth over the next 12 months on the road to becoming a £1bn business.