All News articles – Page 243
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Henry Dimbleby: case for free school meals ‘irrefutable’ after £130m intervention
The mayor’s office said it is estimated the one-off funding could help more than 270,000 children in the capital during the 2023-24 academic year
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Asda moves from bottom to top of supermarket pay league with 10% increase
Asda stressed the new rates exceeded national living wage and real living wage rates. The move follows an 8% pay increase for hourly-paid retail roles during 2022
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Sainsbury’s confirms it is listing Prime Hydration drink this week
The listing includes a new limited edition Orange and Mango flavour
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Sainsbury’s rolls out £2 fruit & veg boxes to reduce food waste
The boxes are available from more than 200 selected supermarkets across the country following a trial in January
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Petcare group Paramount eyes IPO following acquisitions spree
The owner of Pet Brands and Vital Pet Group has mooted a potential IPO or major fundraise after a spate of acquisitions that move it closer to a £200m sales target
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City snapshot: BrewDog enters Budweiser China joint venture to fuel Asian expansion
Craft brewer BrewDog has teamed up with Budweiser as part of a major expansion plan in China.
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Media Bites 20 February: Tesco, BrewDog, Morrisons, Planet Organic
Tesco is to kick off a review of its presence in the UK banking sector - a move that could lead to a sale of the business
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City News: Nestlé’s promise of improved profitability does little to reassure investors
Nestlé’s guidance towards improved profitability this year did little to ease investor concerns around a sharp underperformance of fourth quarter sales volumes, as well as the impact of ongoing price hikes
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Cadbury unveils first non-HFSS range Fruitier & Nuttier
Called Fruitier & Nuttier, the four-strong lineup comprises Bars and Trail Mix share bags in Milk and Orange
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Havabier, Bemuse and Jump Ship turn to crowd to scale no & low brands
Three start-ups in the burgeoning no & low alcohol category have successfully raised almost £1m combined from the crowd
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City snapshot: Retail sales volumes bounce back in January
Retail sales volumes unexpectedly bounced back into growth in January as sales and promotions boosted shopper activity. Plus Costa Coffee names new CEO
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Media Bites 17 February: Nestlé, Aldi, Devro, SSP Group
The papers pick up the latest annual results from the world’s biggest food group, Nestlé.
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7up unveils first major brand refresh in seven years
The ‘vibrant’ new look will roll out next month, supported by a multichannel campaign
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IFF agrees $220m sale of UK-based Flavour Specialty Ingredients to Exponent
IFF has agreed to offload its UK-based Flavour Specialty Ingredients (FSI) division to private equity firm Exponent in a $220m deal.
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Pig producers call for ‘lasting reform’ after £750m loss from backlog crisis
The National Pig Association is calling for structural changes to the sector in order to better share risk in the supply chain
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Big energy accused of exploitation over ‘secret broker commissions’
Businesses claim they were not told of commissions paid to brokers by energy firms
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Importers spark row with Defra over strawberry quota
It follows a story in The Grocer last week which revealed Egyptian imports would soon be hit with a 10% tariff due to an insufficient quota
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Growers fear more labour shortages as recruiter is axed
Kent-based AG Recruitment, had its licence revoked by the Home Office last week in the wake of controversy over the alleged treatment of migrant workers.
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Devro receives revised £562m offer from Saria as Unite plots strike in pay dispute
The revised price will see shareholders receive 320p a share in cash, up from 316.1p, in addition to a second 10p interim dividend.
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Heineken says Russia exit will take longer than expected
The Dutch brewer promised to withdraw from the Russian market following its invasion of neighbouring Ukraine nearly a year ago