All Finance articles – Page 9
-
NewsMedia Bites 16 March: Supermarkets/coronavirus, Morrisons, Hand sanitiser
Britain’s leading supermarkets are pleading with customers to refrain from panic buying during the coronavirus crisis, with some already rationing items and turning new customers away to cope with demand.
-
Analysis & Features
GPI finds food inflation continues to edge upwards
Supermarket inflation moved back to its second-highest level since mid-2018 in February as prices continue to move upwards.
-
News
City News: Analysts welcome hefty price tag for Tesco’s Asian arm
Tesco’s long-shelved plans for global domination were further unwound this week with the sale of its Asian arm for £8bn, as it continues to refocus on its core business.
-
Analysis & Features
Budget 2020: Who were grocery’s big winners and losers?
The specific measures in Rishi Sunak’s first budget were a mixed bag for grocery
-
News
Fitbakes in fundraising push to accelerate growth
The startup has launched a £200k funding drive after securing listings in the mults
-
News
Different Dog raises over £770k in 24 hours amid wider funding plans
The premium petfood brand is now planning a wider Series A round to raise up to £4m by the end of the year
-
News
Coronavirus: Government plans extension to Sunday trading hours
It is understood that the Department for Business, Energy and Industrial Strategy (BEIS) is considering the measure to allow supermarkets to cope with a huge spike in demand
-
News
Morrisons looks to ease small supplier cashflow problems with faster payments
Farmers, local food makers and many more small businesses will be paid early
-
News
MPs to launch inquiry into post-Brexit immigration proposals’ impact on food
Efra Committee chair Neil Parish warned produce could be ‘left to rot in fields’ if the food sector’s labour requirements weren’t met
-
News
Welsh Bros Foods collapses into administration
The 1964-established business appointed administrators at Grant Thornton UK LLP in early March
-
News
Media Bites 13 March: Coronavirus; WHSmith; Poundland
The coronavirus outbreak continued to wreak havoc on global markets with the FTSE plunging to its lowest level and travel retailers such as WHSmith taking most of the hit
-
News
City snapshot: Food inflation persists as all of big four raise prices
Supermarket inflation moved back to its second-highest level since mid-2018 in February as prices continue to move upwards
-
News
Poundland owner delays retailer’s potential flotation amid coronavirus and CEO illness
Market volatility caused by the virus’ outbreak and the illness of the unit CEO Andy Bond were cited as reasons for the delay
-
News
Coronavirus: Emergency measures will give supermarkets a ‘key role’ in fighting virus
Ministers are set to press the button on changes including allowing supermarkets to share data to try to avoid food shortages
-
News
Femcare startup Flo secures seven-figure investment to expand product range
The femcare challenger brand will use the cash raised to expand its product offering into sensitive bladder support and sexual wellness
-
News
City snapshot: WH Smith says coronavirus outbreak will cost up to £130m of sales
Shares in travel retailer WH Smith have collapsed after it warned the outbreak of the Covid-19 virus will hit its annual sales by up to £130m and its bottom line by up to £40m. Plus, markets plunge again on coronavirus spread, Carrs Group issues profits warning, C&C Group updates the market and all the rest of the latest news from the City.
-
News
Media Bites 12 March: Budget, Morrisons, PepsiCo/Rockstar
Rishi Sunak announced the biggest budget giveaway for almost 30 years yesterday
-
News
PepsiCo agrees $3.85bn deal for energy drink maker Rockstar
The latest deal signals a move from the US soft drinks giant to step up its rivalry with Coke
-
News
EG Group buys largest KFC franchise operator in UK & Ireland
The company has also entered a binding agreement to acquire Australian healthy fast food chain Oliver’s Real Food
-
News
Budget 2020: The key takeaways for the grocery industry
The era of austerity is definitively over after Chancellor Rishi Sunak delivered a Budget full of spending commitments, but the specific measures were rather more mixed for the grocery industry
