All news articles – Page 50
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Nestlé shares jump on signs of turnaround progress
Shares soared by more than 6.2% today as a result of the green shoots of optimism that the worst may be over
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Further doubt cast on Treasury IHT calculations as protestors force Starmer to ditch trip
Some 1,400 tractors descended on Westminster this week for the latest protest against government changes to Inheritance Tax for farm businesses
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Snacking a ‘love language’ for most shoppers, Cadbury survey finds
Eight out of 10 agreed it was ‘worth the extra calories to share a snack with someone I love’
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Egg prices up by almost 20% since start of year with more rises to come
Of the 174 shell egg lines in the traditional big four, the discounters and Waitrose, some 40 have increased in price since w/e 5 January
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Wales holding firm on refusal to be part of UK-wide DRS
Supermarket bosses claim Wales’ decision will cause cross-border chaos and have called for the UK DRS rollout to be delayed as a result
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Spar secures symbol group exclusive with Reese’s Peanut Butter White Bar
The convenience exclusive for Spar adds to the symbol group’s previous wins in being the first to market with NPD
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Co-op launches member pricing on Deliveroo
The in-app offer has been introduced across 100 key lines and everyday essentials, with savings of up to 28%
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Scottish salmon exports hit record high with significant growth in Asia
These export numbers show an increase of 45% compared to previous years with the previous record set in 2019 at £618m
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OSI boosts UK presence with buyout of Karnova Food Group
Karnova Food Group was created last year with the merger of Yorkshire Premier Meat and Smithfield Murray
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Parfetts to open ninth depot in Southampton to boost national footprint
The new 113,000 sq ft depot will enable it to deliver across the south coast and into Greater London
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Tesco pulls 150 products from Aldi price match
Tesco has put the Aldi price match reduction down to a new approach which determines whether a product can be included
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Beef prices on the way up as supply tightens and farmgate prices soar
Analysis of Assosia data by The Grocer shows 43% of all supermarket fresh beef lines have seen hikes since the turn of the year
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KFC to open flagship restaurant at London’s O2 arena
The new venue will have customer seating over two floors
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Kraft Heinz posts fourth straight quarter of missed sales targets
The food giant is battling sluggish demand for its products
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Gunna Drinks collapse leaves wake of angry crowd investors behind
Craft soft drinks brand Gunna has collapsed into administration, with crowd investors staring at losses of almost £4m as a result
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Tate & Lyle shares plunge as price cuts hit revenue
The FTSE 250 company said profit growth will be towards the lower end of guidance
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Treasury Wine Estates abandons sale of Blossom Hill and Wolf Blass brands
The wines have been up for sale since last August
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Food bosses threaten to abandon support for extended producer responsibility scheme
Until now the FDF has supported EPR, despite other bodies such as the BRC and the WSTA calling for it to be delayed
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Frozen meal kit brand Chefees readies for UK launch
The brand is preparing to take on Gousto and HelloFresh with flash frozen, flexible offering
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City snapshot: Unilever and Nestlé give investors contrasting takeaways
Unilever and Nestlé are among several companies posting updates today, alongside Coca-Cola, British American Tobacco, Tate & Lyle and Applied Nutrition