All Finance articles – Page 95
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NewsDistressed craft brewers ‘not attractive’ acquisition targets, insolvency firm warns
Many craft breweries in recent years have been sold for valuations far below those given in previous fundraising founds
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NewsCity snapshot: Applied Nutrition’s revenue grows on strong UK demand
The company said it did not expect to be materially impacted by US tariffs as it has ‘a number of options’ to mitigate the impact
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NewsMedia Bites 7 April: tariffs, Tesco, Asda, ABF, Kellogg’s
The trade war kicked off by US president Donald Trump resulted in near-total domination of the media’s business reporting this weekend. Markets opened in the Far East and the ’bloodbath’ in the financial markets is getting worse
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Comment & OpinionTrump’s ‘Liberation Day’ tariffs are merely an amuse-bouche
The consensus in the trade (and the City) is that UK food and drink suppliers have got off lightly when it comes to exports
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NewsEgg giant Eurovo enters the UK with purchase of Two Chicks
Eurovo is one of the largest European egg producers, sold in over 40 countries and with annual sales over €1.25bn
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NewsCity snapshot: British food stocks provide safe haven amid market rout
As the FTSE 100 fell around 1.5% yesterday, several fmcg stocks were up around 3%. It was a different picture, however, across the Channel
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NewsControversial Cranswick ‘mega farm’ plans rejected by local council
Councillors rejected the plans due to its impact on ecology and climate change
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NewsSierra Tequila owner Stock Spirits buys UK distributor The Drinks Company
The deal will bring UK distribution of Sierra Tequila – the number one tequila in the off-trade – under Stock Spirits’ direct control
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NewsTrump tariffs ‘shouldn’t dampen prospects’ for sparkling wine, Chapel Down boss says
Chapel Down hopes to win 1% share of global champagne by 2035
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NewsFormer Marks & Spencer co-CEO joins Sainsbury’s in board shake-up
It marks a return to retail for Katie Bickerstaffe, since she stepped down from her role as joint co-CEO of M&S in July 2024
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NewsCo-op profits quadruple but business warns of stiff winds ahead
Its profit growth was led by strong improvements in food and life services
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NewsChapel Down pledges ‘return to full profitability’ in 2025
It had been ‘a tougher year’ for the supplier but things were looking up, chairman Martin Glenn insisted
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NewsM&S chairman: online grocery is ‘a desert of profit’
‘There’s been more wealth destroyed by people trying to develop food online businesses than any other industry I can think of,’ said M&S chairman Archie Norman.
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NewsMedia Bites 2 April: Trump tariffs, Asda, inflation, Wild, Tobacco, 7-Eleven
Much of today’s press focus is on Donald Trump and speciifcally the US president’s so-called ’Liberation Day’ tarrifs
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NewsGreencore to buy rival food-to-go firm Bakkavor for £1.2bn
Bakkavor had previously rebuffed two offers from Greencore, including a £1.1bn approach last month.
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NewsHarvey Nichols losses deepen despite turnaround attempts
The retailer blamed ‘weak consumer confidence as a result of the cost of living crisis’ however it’s the latest loss under the ownership of Hong Kong-based Dickson Concepts
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NewsGreencore hikes earnings forecast amid latest Bakkavor buyout attempt
Greencore’s share price was up 5% following the announcement
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NewsOil specialist KTC Edibles bought by Whitworths Food Group
KTC has been owned by private equity firm Endless since May 2022
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NewsFood inflation rises to nine-month high
Economists think inflation will rise over the summer due to increases in food and energy costs
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NewsMedia Bites 1 April: Harrods, Post Office, Yum Brands
Late former Harrods owner Mohamed Al Fayed was the subject of reports of sexual abuse following his death last year