All Finance articles – Page 717
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NewsConservative 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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NewsPoundland 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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NewsMedia 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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NewsCity 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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NewsBakeaway 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 & OpinionLabour 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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NewsAnother 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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NewsLabour 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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NewsTakestock 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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NewsCity 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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NewsMedia 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.
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Analysis & FeaturesCity scepticism doesn't tell the full story of Majestic Wine's Naked takeover
A near 13% share price drop on the announcement of a key acquisition would normally signify the City has given it a firm thumbs down.
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NewsThomas J Fudge's mulls sale as brand overhaul continues
Thomas J Fudge’s Remarkable Bakery is working with corporate adviser Grant Thornton on a potential sale of the business.
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NewsCarrefour sees 3.2% first quarter sales growth
French hypermarket chain Carrefour has seen revenues grow by 3.2% on an organic basis (ex petrol) in the first three months of 2015.
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NewsMajestic Wine adds online potential with £70m Naked Wines takeover
Majestic Wine has swooped for rival Naked Wines in a £70m deal which will rapidly accelerated the listed retailer’s online plans and gives the listed group a new CEO.
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NewsCity Snapshot: Majestic Wines appoints CEO as it acquires Naked Wines
Majestic Wines appoints new CEO as it pays £70m to takeover Naked Wines. Plus Carrefour reveals strong quarter one figures and Waitrose has “best-ever” Easter for non-food.
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NewsMedia Bites 10 March: Poundland, Co-op, Boots
Three retailers dominate the business pages this morning as Poundland is frustrated by the monopoly watchdog, Co-op’s rescue plan gains traction and Walgreens Boots Alliance reports first half results.
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NewsCranswick finishes year with ‘strong’ quarter
Listed meat supplier Cranswick has finished the year with a “strong” quarter as underlying sales rose by 1%.
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NewsCamden Town Brewery sells 20% stake to private family for £10m
Camden Town Brewery has agreed to sell 20% of the business to a Belgian manufacturing family for £10m.
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NewsPoundland’s 99p acquisition faces in-depth monopolies probe
Poundland’s takeover of the 99p Stores chain will be referred for an in-depth investigation “unless acceptable undertakings are offered”, the Competition and Markets Authority has confirmed today.