All Inflation articles – Page 122
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NewsCity Snapshot: Lab grown meat backer Agronomics raises £62.5m in share placing
Cultivated meat group Agronomics has raised more than £60m as investors continued to place big bets on the alternative protein market.
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NewsMedia Bites 13 May: Diageo, Charles Wilson, Delivery Hero, Compass
Diageo is to return billions of pounds to shareholders on the back of higher than expected profit growth, as drinking and partying around the world bounce back from the impact of Covid-19.
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NewsMedia Bites 12 May: Morrisons, THG, Just Eat Takeaway, Deliveroo
Morrisons first-quarter results are the big news this morning in the papers.
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NewsCity Snapshot: Diageo returns to growth as markets recovery from lockdown
Drinks giant Diageo is restarting its programme to return £4.5bn to shareholders as its first-half performance benefitted from strong trading across its global markets. Plus, on a busy morning, Coca-Cola HBC updates on its Q1 performance, Marston’s names a new CEO, Compass Group reports its first-half results and Ahold Delhaize reveals Q1 figures.
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Grocer 33The Grocer 33 links up with new technology provider Assosia
The Grocer’s iconic mystery shopping competition will undergo further enhancements as service provision switches to Assosia
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Analysis & FeaturesHow badly is China’s ban hitting the UK pork sector?
China is showing no movement on reinstating imports of UK pork
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NewsCity snapshot: AB InBev boss Carlos Brito to step down
The world’s largest brewer AB InBev has announced CEO Carlos Brito will step down after 15 years in charge, to be replaced by North America chief Michel Doukeris. Plus ABI posts strong start to 2021, Virgin Wines and Glanbia up guidance and all the rest of the latest news from the City
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Comment & OpinionThe prospect of food price inflation is a worrying new development
Echoes of previous crises are unavoidable, but this is no time to panic
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NewsFears grow over inflation as wheat, corn and soya prices hit eight-year highs
The crops are watched closely as they form the backbone of diets around the world
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NewsMedia Bites 30 April: Unilever, Amazon, Co-op
Unilever sounds price rise klaxon as manufacturers grapple cost pressures
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NewsCity Snapshot: Unilever boosted by emerging markets reopenings
Unilever has started the year on the front foot, posting organic growth of 5.7% helped by the lapping strict lockdowns in key emerging markets
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NewsSupermarket price war drives down food prices for first time since 2017
Food prices have fallen for the first time in more than four years as supermarkets continued to slug it out in a bid to win shoppers, according to the latest figure from the British Retail Consortium and NielsenIQ.
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NewsCity snapshot: Sainsbury’s slumps to a loss despite surging revenues
Sainsbury’s has plunged into the red after £485m of Covid-related costs and £600m-plus of restructuring charges for its Argos transformation programme more than offset a surge in revenues over the past year. Plus, on a busy morning, trading updates from Reckitt Benckiser, Carlsberg and Nichols; Deliveroo appoints two non-execs; and the latest shop prices index from the BRC and Nielsen.
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NewsCity snapshot: Grocery growth stays strong as retail reopens and lockdowns lift
Grocery sales growth has remained in positive territory in recent weeks despite the reopening of wider retail, food service and the relaxation of social restrictions
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NewsMedia Bites 27 April: Pepco, inflation, Nestlé
Discount chain Pepco will float in Warsaw rather than London as it outlined plans to open thousands of new stores across Europe and appointed City grandee Richard Burrows as chair.
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NewsBread prices must increase to cover inflation, warns Irwin’s
Food prices were down in March, according to the ONS this week
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NewsCity snapshot: Retail sales rebound ahead of reopening
Retail sales volumes continued to recover in March ahead of the reopening of non-essential shops, according to date from the Office of National Statistics
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NewsCity snapshot: Booming coffee sales drives Nestlé first quarter sales outperformance
Nestlé has reported a 7.7% jump in first quarter organic growth, boosted by a surge in coffee sales and early signs of recovery in out-of-home channels
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NewsMedia Bites 22 April: Uber Eats, Heineken, Amazon
Uber Eats will launch in Germany for the first time over the next few weeks, starting in Berlin, in its biggest entry to a new country since 2018.
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NewsCity snapshot: ABF rebounds with ‘record’ Primark sales on reopening
Associated British Foods has seen ‘record’ sales on the reopening of its stores last week to bounce back from a first half of a double-digit revenue fall and shrinking profits