All articles by Harry Holmes – Page 7
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NewsTate & Lyle says ‘transformation complete’ after CP Kelco deal
Tate & Lyle’s acquisition of CP Kelco will boost revenue by about 40%
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NewsPoundland cuts profit guidance as sales slump escalates
Efforts to sell the business are still ongoing with a deal expected by the end of September
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NewsConsumer confidence edges up as UK economy improves
The over-60s saw the biggest boost in confidence although they remain the most pessimistic of any generation
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NewsAsda plans £400m in store sell-offs to raise turnaround cash
The supermarket plans to lease the sites back for around 20 years in a ‘sale and leaseback’ scheme
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NewsFroneri’s ice cream profits hit by factory closure
A wet British summer was also a drag on Froneri’s sales last year
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NewsM&S cyberattack to cost £300m as disruption continues until July
The cyberattack, which took place over the Easter weekend, forced M&S halt to online orders and is expected to continue affecting availability until July
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NewsUpper Crust owner SSP boosts profits despite geopolitical disruption
The FTSE 250 company said recent geopolitical events had triggered a ‘heightened level of uncertainty’
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NewsCranswick picks up sausage maker Blakemans for £32m
Cranswick announced the deal as it posted record annual revenues and profits
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NewsFresh foods AI platform raises £5.5m to cut supermarket waste
Freshflow says its AI platform is uniquely tailored for fresh produce and can reduce waste by over 20%
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NewsSome Grub raises £270k to lead ‘insect petfood revolution’
The UK has seen an explosion of insect-based petfood in recent years
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NewsBen Stokes takes stake in alcohol-free spirits brand CleanCo
CleanCo was set up by former Made in Chelsea star Spencer Matthews in 2019
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NewsUS tariffs to cost Diageo $150m a year
The drinks giant believes it can mitigate about half the impact without price rises
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NewsLittle Moons required £5m bail-out following factory closure
The mochi ball ice cream maker defaulted on its loan terms a month after closing its Kettering site
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NewsKimberly-Clark cuts profit forecasts due to US tariffs
Kimberly-Clark is one of the first US consumer goods makers to spell out the impacts of the tariffs
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NewsCity snapshot: Trump’s tariffs ‘harder to predict than pandemic’
Major shifts in the White House’s trade policy make it difficult to estimate how many UK businesses are affected
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Analysis & FeaturesCan B Corp’s updated standards address credibility concerns?
B Lab’s update to standards outlines seven key areas for companies to address. Has it done enough to ward off ‘greenwashing’ accusations?
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NewsFood exporters struggle amid confusion of Trump’s tariffs
The White House has said it now seeking 90 trade deals in 90 days after Trump placed blanket tariffs of at least 10% on nearly every country
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NewsCity snapshot: Sainsbury’s shares up 4% after ‘record year’
The supermarket warned that its profits would fall this year as it spent to ‘maintain its competitive position’
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NewsFood inflation falls to 3% in March led by confectionery
Overall UK inflation dropped to 2.6%, led by falling petrol prices
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NewsCity snapshot: WH Smith looks to shake off tariff concerns ahead of high street sale
WH Smith saw profits in its travel arm rise 12% in the first half of the year