All articles by Harry Holmes – Page 10
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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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NewsCity snapshot: Pets at Home warns of profit drop next year
Pets at Home’s share price is down over 20% since it warned of a ‘unusually subdued’ pet retail market in November. Also, the Artisanal Spirits Company returns to profit
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NewsCity snapshot: WH Smith sells high street stores for £76m
The deal does not include the WH Smith name, meaning all stores will rebrand as TGJones
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NewsWH Smith to rebrand as TGJones after £76m sale
The deal does not include the WH Smith brand, meaning all stores will rebrand as TGJones after a short transition
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NewsGreencore raises bid for rival Bakkavor, says report
Bakkavor has already rebuffed two offers from Greencore, including a £1.1bn approach earlier this month
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NewsCity snapshot: Naked Wines’ share price rises 16% on new strategy
The online wine retailer is undergoing a transformation under new CEO Rodrigo Maza, having finally begun to stem losses at the end of last year
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NewsNaked Wines unveils new plan to rediscover growth
Some investors have raised concerns over the risks in Naked’s business model
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Comment & OpinionSpring statement 2025: no crumbs of comfort for food businesses
Today’s statement was never going to be a game-changer – but as inflation begins to fall, can the food industry and retail find a silver lining?
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NewsFood inflation steady at 3.3% as industry braces for spring budget
There was good news for fish shoppers with prices down 0.7%
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NewsCity snapshot: inflation falls to 2.8% ahead of spring budget
Alcohol and tobacco were some of the biggest risers, up 5.7% over the past 12 months, while food inflation remained steady at 3.3%
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NewsVirgin Wines to pump £20m into ‘turbocharging’ growth
The company is hoping the strategy will deliver £100m in annual revenue by 2030
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NewsAG Barr to scrap Strathmore bottled water brand as part of restructure
The discontinuation could lead to the closure of AG Barr’s manufacturing facility in Forfar
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NewsMP Evans notches record profits amid high palm oil prices
Palm oil prices have proven volatile in recent years and are now on the rise again, the company said
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NewsTHG’s Matt Moulding invests £60m of his own money in latest fundraising push
THG’s Matt Moulding reflected on the ‘crushing burden of responsibility when setting up a business. It’s a lot like parenting’
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NewsCity snapshot: Fever-Tree shares up 5% after profits boost
Fever-Tree’s revenue rose 4% as sales recovered some lost momentum in the second half of the year
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NewsFever-Tree profits rise as sales recover momentum
Its growth in the second half was primarily led by the US, the brand’s biggest market
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NewsCity snapshot: Wetherspoons shares trading at two-year low after profit hit
Its share price fell over 9% after it released half-year results, bringing its total fall to over 11% since the start of the year
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NewsSomething & Nothing raises £2m more to accelerate US expansion
The brand raised £1.5m three years ago to try and establish its presence in the US
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NewsCranswick raises medium-term profit target amid strong meat demand
Cranswick’s share price hit a record high in September after raising its profit forecast for the year
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NewsReady meal startup Field Doctor fundraises for B2B move
Field Doctor would not reveal the exact size of the investment, which came from Perfect Redd and the South West Investment Fund