All Finance articles – Page 756
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NewsACS calls for big changes to current business rates system
Most retailers would prefer to stick with the property based system of business rates, rather than change to a fundamentally new basis of taxation
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NewsPremier Foods calls time on 'power brands' strategy
Premier Foods’ switch to a more category-focussed approach has effectively spelt the end of its ‘power brands’ strategy.
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NewsPayPoint profitable for retailers, analysts claim
The analysis by Numis Securities refutes retailers’ claims they are making a loss on the service
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NewsCity Snapshot: Food sales stablise in May
Britain’s grocers saw food sales stabilise in May but the chilly weather and lack of sustained sunshine dampened overall retail figures for the month, according to the latest BRC-KPMG Retail Sales Monitor.
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NewsMedia Bites 9 June: Boots, Diageo, e-cigarettes
Boots cuts 700 jobs to concentrate on online and Diageo takeover rumours add almost £3bn to its value in one fell swoop
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Analysis & FeaturesIs a sale or break-up on the cards for Diageo?
It’s Diageo’s turn as the latest international fmcg company that acquisition-hungry 3G Capital has its eyes on
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NewsDiageo shares soar on takeover talk
Shares in Guiness-maker Diageo jumped up 6.8% in morning trading today after Brazilian reports suggested 3G Capital was eyeing a bid of the company.
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NewsHambledon Vineyard raises £3.5m in mini-bond scheme
One of England’s oldest vineyards has raised £3.5m in a crowdfunding scheme to help expand its output and build up stocks.
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NewsCrawshaw buying director retires after 25 years
Independent butcher Crawshaw Group is searching for a new buying director after Colin Crawshaw stepped down from the board.
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NewsProfits slump at Interbev despite double-digit sales growth
Interbev saw its profits plunge nearly 70% last year in what owner Stephen Brogan said was “easily the toughest of our seven years in business”.
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NewsMotor Fuel Group bought by Clayton, Dubilier & Rice for £500m
Motor Fuel Group, the UK’s second largest independent petrol and convenience retailer, has been sold by Patron Capital
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NewsCity Snapshot: Morrisons fires latest salvo in price war
David Potts has revealed his first round of price cuts since taking charge, slashing the prices on 200 “everyday items”
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NewsMedia Bites 8 June: Morrisons, Sainsbury’s, Tesco
Things aren’t looking any easier for Britain’s big supermarkets this week as Tesco admits it is likely to have breached the industry code of practice in dealing with suppliers, Sainsbury’s is expected to reveal sales have dropped again and Morrisons ramps up the price war with cuts to 200 items.
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NewsHeckstall & Smith butcher's shop crowdfunding targets £130,000
A crowdfunding campaign has been launched to raise £130,000 to open a traditional butcher’s shop…
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NewsPoundshop.com bids to treble range with crowdsourcing cash
The online discount site, set up in early 2014 by Poundland founder Steve Smith, is selling 8% equity on Crowdcube, valuing the business at £2.2m
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NewsMorrisons just stays in FTSE 100 following share price surge
A mid-week share price surge was triggered by signs its trading performance is finally improving
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NewsDescheemaeker outlines plans as Nomad Foods eyes Findus Group
In his first week in the job, Nomad Foods boss Stéfan Descheemaeker has entered talks to snap up Findus Group…
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NewsCity Snapshot: Waitrose sales rise during half-term week
Waitrose has increased its weekly sales 1.1% to £121.1m despite tough comparatives and continued food price deflation. Plus Morrisons shares down more than 2% so far, making it the FTSE 100’s biggest faller.
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NewsMedia Bites 5 June: Morrisons, M&S, Sainsbury's
This morning’s papers are dominated by news of bonuses paid to the bosses at Britain’s biggest retailers, as Morrisons suffers shareholders revolt and M&S and Sainsbury’s reveal details of top pay packages.
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Analysis & FeaturesThe sun and Sir Ken both shine on Morrisons at AGM
The sun and Sir Ken were both shining on Messrs Higginson and Potts at Morrisons HQ today at the supermarket’s AGM.