All Finance articles – Page 8
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NewsKiril Mischeff acquires Minster Fine Foods to boost portfolio
Minster Fine Foods is a continental food importer, supplying a range of delicatessen meat products from Europe to multiple retailers, wholesalers, foodservice providers and the industrial food sector
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NewsEden Mill Distillery acquired from administration after accruing ‘significant debt’
Ruby Capital has purchased the assets of Eden Mill, including its St Andrews distillery and namesake gin and whisky brands.
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NewsM&S calls for Inheritance Tax rethink in Budget
The boss of the M&S food operation has called on Chancellor Rachel Reeves to rethink controversial reforms to Inheritance Tax ahead of this week’s Budget
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Analysis & FeaturesThe top 150 UK food & drink supplier rankings and report 2025
After a series of crises, the UK’s biggest 150 food & drink manufacturers have shifted their sights from survival mode to the pursuit of greater profitability and investment in automation
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NewsUnilever kicks off sale process for Marmite, Bovril and Colman’s
Unilever has kicked off a sale process for historic brands including Marmite, Bovril and Colman’s, as new CEO Fernando Fernandez trims down the consumer giant’s food footprint
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NewsNestlé executive VP retires after 40 years at the business
Sanjay Bahadur joined Nestlé in 1982
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NewsTop suppliers investing again after years of caution
Capex among the UK’s top 150 suppliers rose to 3.4% of revenue in 2024, up from 2.8% the previous year, according to a report from strategy consulting firm OC&C and The Grocer
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NewsConsumer confidence ‘bleak’ ahead of Reeves’ budget
‘The public is bracing for difficult news,’ according to GfK’s survey
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NewsOcado shares crushed by Kroger CFC closures
Kroger is expected to close the sites in Maryland, Wisconsin and Florida in January, with the move mooted to save the retailer $400m next year
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NewsLosses double at Graze as owner Unilever completes integration
Losses at Graze have almost doubled as owner Unilever integrated the snacking brand into the wider UK foods operation
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NewsAsda offloads 24 stores and Lutterworth depot for £568m
Asda will reportedly use the proceeds to repay a debt to Walmart
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NewsPZ Cussons lifts profit guidance on strong Africa growth
PZ Cussons has lifted its profit forecasts thanks to a strong performance in Africa, where sales grew by more than 25% in the first half of the year
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NewsWine wholesaler Boutinot set for international growth with £5.5m funding
Boutinot will use the funding to expand its vineyard operations in South Africa, New Zealand and the UK
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NewsRed Sky Food Group adds Delenco Foods to portfolio
It marks Red Sky’s second investment following the group’s creation as a joint venture between London-listed Literacy Capital and former Meadow Foods CEO and chairman Mark Chantler
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NewsDefra promises food bosses growth policies to revive crashed confidence
Environment secretary Emma Reynolds will stress today that the government will back its words with action, with moves to slash red tape and industry costs
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NewsFood inflation up to 4.9% despite first fall in CPI since March
Food inflation edged back up to 4.9% in October, making it the largest driver of consumer price rises last month
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NewsWH Smith CEO falls on sword as accounting errors laid bare
Stepping down, Carl Cowling said he recognised the ‘seriousness of the situation’, adding it was ‘only right’ he resigned
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NewsFoodservice supplier BonCulina enters administration
Anglia Crown Limited, which was trading under the BonCulina brand, appointed Kroll administrators Benjamin Wiles and Robert Armstrong on 10 November
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NewsOcado hit with ‘near knockout punch’ as Kroger announces CFC closures
Ocado’s share price fell by more than 19% in the wake of the announcement by the US retail giant
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NewsGail’s owner on hunt for new investors
It is understood advisers at Goldman Sachs have been brought in to begin discussions around potential investment opportunities