All articles by Alec Mattinson – Page 164
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NewsCity snapshot: Unilever CEO calls for shake-up of UK takeover rules
Unilever boss Paul Polman has called on the Government to tighten up UK takeover rules after the Anglo-Dutch Marmite producer successfully saw off a £115bn bid approach from Kraft Heinz last month. Plus retail shares suffer and all the rest of the latest news from the City
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NewsMedia Bites 15 March: Unilever, UK takeover rules, Ocado
Unilever is considering returning cash to shareholders, making medium-sized acquisitions and more aggressive cost cuts as part of a sweeping review, the results of which it will announce next month.
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NewsBowman Ingredients secures funding for UK's first dedicated gluten-free plant
Hertfordshire-based food coatings supplier Bowman Ingredients has opened the UK’s first dedicated gluten-free manufacturing site after securing a £6m funding package from HSBC.
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NewsFourth quarter like for like sales up 7.4% at Moy Park as annual volumes increase
JBS-owned Norther Irish poultry processor Moy Park saw annual revenues dip 0.3% but profits increase as the volume of birds processed rose over the year.
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Analysis & FeaturesHow deep were the supermarket price cuts?
The latest Grocer Price Index signalled an end to the era of supermarket deflation as prices in February rose again on an annual basis after two and a half years of price cuts. But how deep were the cuts?
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NewsMedia Bites 14 March: EU trade, Asda, Petrol prices
A deal to avoid trade tariffs with the EU after Brexit will be imperative as the UK seeks to safeguard its long-term future, peers have warned.
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NewsCity snapshot: Management team to depart early at troubled Aryzta
Swiss bakery goods supplier Aryzta is accelerating wholesale changes to its management team after its first half earnings slumped by more than 30%. Plus a look ahead to the week in the City and all the latest news from the markets this morning.
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NewsMedia Bites 13 March: Craft Brewers, McVitie's, M&S, Morrisons
The number of brewery launches leapt by 55 per cent in Britain last year as the craft beer boom continues.
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NewsMorrisons struggles to impress City despite strong growth
The City is hard to please. One might expect an enthusiastic reception to Morrisons growth
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NewsCity snapshot: Inflation returns to UK grocery
Supermarket shelf prices are on the rise for the first time in more than two-and-a-half years, according to the latest Grocer Price Index
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NewsMedia Bites 10 March: Morrisons, John Lewis, Tesco
A busy day of retail news sees heavy coverage of Morrisons’ trading rebound, John Lewis Group’s bonus cut and Tesco’s pay error.
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NewsTyrrells boosts annual sales at Amplify
US food group Amplify Snack Brands saw fourth quarter sales almost double following its acquisition of UK crisp brand Tyrrells.
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Analysis & FeaturesSupermarket prices rising as curtain falls on deflation
The industry-wide deflation that has gripped the grocery market since mid-2014 fell back to zero in the month to 1 February
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Analysis & FeaturesA steady Budget with few surprises: Philip Hammond’s debut assessed
An almost boring budget from ’Spreadsheet Phil’ will have failed to set the city alight, but with Brexit around the corner some key isses were touched on, such as business rates and the sugar tax
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NewsGrocery deflation hits annual sales at Yeo Valley
Annual sales at UK dairy firm Yeo Valley have fallen back for the first time in six years as industry deflation hit shelf prices.
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NewsUS Customs investigation drives PureCircle to first half loss
PureCircle has slumped to a first half loss amid a double-digit sales plunge after it was denied access to the US market during an investigation by US Customs & Border Protection last year.
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NewsLindt & Sprüngli’s global sales rise by 6.8%
Swiss chocolatier Lindt & Sprüngli has grown global sales by 6.8% to CHF3.9bn (£3.15bn) amid stronger sales in Europe and the UK.
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NewsCity snapshot: Devro profits sizzle despite volumes fall
Sausage casings manufacturer Devro has reported a double-digit rise in underlying annual profit despite sharply falling volumes
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NewsMedia Bites 6 March: John Lewis, Morrisons, Premier Foods
The owner of John Lewis and Waitrose is poised to cut the annual bonus it pays staff to the lowest level since the 1950s due to the pressure on retailers.
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NewsPoundland returns to like-for-like growth
Steinhoff CEO Markus Jooste said Poundland was “ahead of the value creation plan”