Finance news
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NewsAssisi Pet Care snaps up premium petcare brand Forthglade
Forthglade’s portfolio of natural petfoods includes treats and wet and dry food with “minimal” processing
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NewsTrump’s tariffs cap tough year for Walker’s Shortbread
A 10% tariff on imports into the US from Scotland, combined with skyrocketing butter prices, deterred many American shoppers from indulging in the Scottish shortbread
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NewsHeinz volumes fall as shoppers ditch big brands
New CEO Steve Cahillane acknowledged earlier this year that Heinz’s brands have been under-invested for years
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NewsPoundstretcher losses widen to £50m as like-for-like sales fall
Turnover rose by 16.9% to £247.4m thanks to the extended 15-month reporting period, but on a 12-month like-for-like basis sales fell by 7%, according to the accounts
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NewsFTSE retailer profit warnings spike amid Middle East conflict
The number of profit warnings issued by FTSE retailers has spiked, as consumers and suppliers alike suffer the economic effects of the Middle East conflict
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NewsHenry Dimbleby’s startup publishes list of grocery survivors
The Bramble Intelligence 40 lists retailers, tech companies and manufacturers it believes are positioning themselves to ride out the storm
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NewsTonic Health founder joins healthy ready meal brand Hide
Paid in equity that vests over two years, van Kampen has joined influencer-entrepreneur Grace Beverley and Hide co-founder and nutritional doctor Rupy Aujla on the brand
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NewsNew Covent Garden Market traders’ turnover tops £1bn for first time
The market’s 130 businesses turned over a collective £1.1bn in the year to 31 March 2026, eclipsing the previous year’s £934m by 15.5%
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NewsFishing firm Klondyke delivers £20m dividend thanks to soaring profits
It comes after the company reported a turnover of £55.1m and a pre-tax profit of £36.9m in the financial year to 30 June 2025
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NewsLow-alcohol wine brand 6Percent wins Bread & Jam investor contest
Low-alcohol winemaker 6Percent took home the top prize at London’s Bread & Jam investor contest this week, amid fierce competition from fellow start-ups
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NewsOle & Steen reports record £40.2m turnover and double-digit sales growth
For the year to 31 December 2025, like-for-like sales rose 10.3% across its estate, while customer like-for-like growth reached 7.1%
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NewsB&M shares under pressure amid turnaround uncertainty
B&M shareholders have endured another week of fresh volatility as first-quarter trading disappointed the City and the discounter’s turnaround plan appeared to stall
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NewsStrong sales see Carlsberg win World Cup battle of the brewers
Carlsberg has emerged as the clearest winner of the Fifa World Cup 2026 – among brewers, at least
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NewsIRO Sushi sales jump 28% as expansion pays off
It comes as the sushi brand continues to open new stores, with a string of additional openings confirmed for the second half of 2026
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NewsLa Martiniquaise buys out remainder of mocktail brand Sir James 101
La Martiniquaise-Bardinet has snapped up mocktail brand Sir James 101, after buying a minority stake in the company three years ago
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NewsSteiner ‘as excited as ever’ about Ocado amid exit rumours and tricky half
Introducing the group’s first half results this morning, Steiner pointed to ‘strong commercial momentum’ and ‘rigorous cost discipline’ that will take the group into sustainable positive cashflow in the second half of the year
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NewsPremier Foods on track to meet profit expectations following strong Q1 start
Premier Foods has kicked off its new financial year with another quarter of strong growth as Mr Kipling outperformed and the Bisto and Ambrosia owner grabbed more market share across grocery and sweet treats
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NewsDanone’s €1bn takeover of Huel to face competition probe
Danone announced the deal in March as part of a company strategy to expand into functional nutrition
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NewsJames Watt launches new bid to buy back BrewDog
Watt was unsuccessful in a previous attempt to buy back BrewDog before its sale to Tilray
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NewsHoly Moly outlines global avocado ambitions with Westfalia Fruit collaboration
Fresh dips challenger Holy Moly is aiming to become the world’s number one avocado brand after securing investment, and agreeing a collaboration with Westfalia Fruit, The Grocer can reveal