All articles by Alec Mattinson – Page 128
-
News
City snapshot: Morrisons faces £1bn equal pay claim
Law firm Leigh Day has announced it is seeking equal pay compensation for female Morrisons workers that could add up to more than £1bn. Tesco readies Jack’s announcement and all the latest news from the City.
-
News
Media Bites 12 Sept: Tesco/Jack's, Unilever, Morrisons
The launch of a Tesco’s discount chain is set to be announced in Cambridgeshire next week as Britain’s biggest supermarket group unveils its Jack’s concept to battle the discounters.
-
News
Unilever announces Netherlands relocation details
Consumer goods giant Unilever has announced plans to “simplify” its company structure with the creation of a new single holding company, ahead of its planned headquarter move to Amsterdam.
-
News
ABF profit “progress” dragged back by currency and sugar woes
Associated British Foods has issued a pre-close trading update for the year to 15 September, noting that strong profit performance from Primark, grocery and other divisions will be hampered by lower EU sugar prices.
-
News
Media Bites 10 Sept: Sainsbury's/Asda, Dave Lewis, John Lewis Partnership
Sainsbury’s has acknowledged that regulators could scupper the British supermarket group’s proposed merger with rival Asda.
-
News
Farmfoods annual sales drop 4% amid “competitive” market
Scottish frozen foods retailer Farmfoods posted a 4% drop in annual revenues last year as competitive pressures continued to weigh on the grocery chain.
-
News
Bakkavor picks up Haydens Bakery as like-for-likes improve
The deal involves a cash payment to beleaguered Real Good Food of £9.6m
-
News
City snapshot: English whisky producer plots London IPO
English single malt whisky distillery The Lakes Distillery has plans to list on the London Stock Exchange to raise up to £15m to fund further growth. Plus, World Cup and warm summer help boost Greene King’s Q1 like-for-likes by 2.8%, the UK high street suffers its worst month for three years and all the rest of the latest news from the City.
-
News
Media Bites 7 Sep: Business rates, UK high street, Bakkavor
Sainsbury’s CEO Mike Coupe has called for tax reform to ease the burden of business rates.
-
News
Bakkavor acquires Haydens Bakery after ‘positive’ first half
Ready meals giant Bakkavor has posted a rise in revenues and profits in its first six months as a listed business and announced the £12m acquisition of sweet bakery products supplier Haydens Bakery from Real Good Food.
-
News
Media Bites 6 Sep: Tesco, Gaucho, M&S
Supermarket chain Tesco has angered shoppers in its inner-city stores by hiking the cost of individual bananas
-
News
Gusbourne raises £3.7m for capacity expansion
UK wine producer Gusbourne has raised a total of £3.7m through the issuance of new shares to invest in its existing vineyards and storage capacity.
-
News
Media Bites 5 Sep: Amazon, John Lewis/Waitrose, McColl’s
Amazon has become the second public company in history to record a $1 trillion valuation.
-
News
Cause for optimism at Pernod Ricard as sales grow 6%
Jameson’s rocketing performance gave cause for optimism at the world’s second-largest distiller.
-
Analysis and Features
Five reasons why Coca-Cola has bought Costa Coffee
Coke is to buy Costa Coffee from Whitbread for $5.1bn
-
News
Coca-Cola agrees £3.9bn deal to buy Costa Coffee
Whitbread has agreed to sell its Costa Coffee chain to Coca-Cola for an enterprise value of £3.9bn.
-
News
Media Bites 31 Aug: WH Smith, Food & Fuel Group, Arla
High street retailer WH Smith said on Thursday its shift from the high street to travel hubs was bearing fruit and expected its full-year results to be in line with expectations.
-
News
City Snapshot: Total Produce shrugs off 'unusual weather' to post first half growth
Ireland-based global fruit and vegetable distributor Total Produce has posted a rise in first half sales and EBITDA despite the negative impact of currencies and “unusual” weather patterns in Europe. Plus, WH Smith on course to hit full year targets driven by travel growth and all the rest of the latest news from the City.
-
News
Media Bites 30 Aug: Energy drinks, Pernod Ricard, Jack Daniel's
Ministers will ban the sale of Red Bull, Monster Energy and other energy drinks to children in England amid growing concern about their impact on young people’s health.
-
News
Hain Celestial grows organic UK annual sales by 5%
US food group Hain Celestial has announced a 5% boost to full-year UK sales, driven by a strong performance of its Tilda and Ella’s Kitchen brands.