All articles by Alec Mattinson – Page 188
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NewsMedia Bites: Budget special - sugar tax and business rates
George Osborne’s sugar tax has been attacked by soft-drink makers and is “certain to cost jobs”.
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NewsSoft drinks producers hammered by sugar tax
George Osborne’s announcement of a tax on sugary drinks has sent shares tumbling in the soft drinks sector.
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NewsGeorge Osborne’s budget - the key takeaways for food and drink
Osborne announced a “fundamental” shake-up of business rates
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NewsApplegreen reports 30% profit growth as it builds estate
Irish forecourt operator Applegreen saw gross profit rise 30% in its first year as a listed company as it grew its estate from 152 to 200.
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NewsFever-Tree toasts “exceptional” first full year as listed company
Premium mixers manufacturer Fever-Tree has posted a 71% revenue rise and 82% increase in earnings in its first full year as a London listed company.
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NewsRevenues and profits soar at Fever-Tree on UK growth
Revenues for the full year to 31 December 2015 were up 71% to £59.3m
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NewsMedia Bites: Sainsbury's/Argos, Dave Lewis, BHS
Sainsbury’s is preparing to raise its £1.3bn bid for Argos as the deadline looms in its takeover shoot-out with a South African furniture giant.
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Analysis & FeaturesMorrisons' solid results represent 'mini-triumph'
Morrisons even saw a tiny (0.1%) hike in fourth-quarter like-for-like sales
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NewsThe Grocer Price Index shows record deflation
Plus annual revenues soar at Baxters and the market takes a dim view of Morrisons’ turnaround progress
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NewsMedia Bites 11 March: Morrisons, John Lewis, Home Retail Group
On a busy day for retail, the papers examine annual results from Morrisons, Waitrose owner John Lewis Group and Argos owner Home Retail Group.
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NewsBaxters revenues soar as Wornick deal drives up US sales
Revenues leapt 40% at soup manufacturer Baxters last year after huge US growth saw international revenues outstrip UK sales.
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Analysis & FeaturesPrice cuts push supermarket deflation to record low
The Grocer Price Index fell to a new record low of –2.9% year on year in the month to 1 March 2016
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NewsMedia Bites 10 March: Sunday trading, Hotel Chocolat, BHS
Today’s papers devote plenty of coverage to the defeat to changes in Sunday trading laws
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NewsMorrisons’ underlying profit falls by 27%
Morrisons’ pre tax underlying profit fell by 27% to hit analysts’ expectations of £302m
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NewsCasino’s profits hit by Brazilian economic troubles
Group trading profit at French hypermarket chain dropped by 35% last year as a result of cost inflation in its Brazilian business.
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NewsUS growth underpins sales surge at Divine Chocolate
Fairtrade confectionery manufacturer Divine Chocolate saw a 50%-plus boost to revenues last year as US growth helped make up for losing listings in UK supermarkets.
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NewsBrexit vote will have “momentous significance” for UK food, says FRC report
The authors argue that, if the country decided to leave, food imports will become more expensive
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NewsTesco’s recovery continues, says Kantar
Kantar found supermarket sales were up by 0.5% compared with a year ago
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NewsMedia Bites 8 March: BHS, Online sales, Just Eat
The papers this morning focus again on troubled retail chain BHS and the revelation that it faces a pension deficit of £571m.
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NewsPoundland shares drop in wake of Jim McCarthy announcement
Everything looked so rosy a year ago when Poundland announced it was set to swoop for high street rival 99p Stores