Finance news – Page 12
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NewsPepsiCo invests £8m into Pipers Crisps factory to meet demand
The funding will cover the installation of energy-efficient crisp fryers and packaging machines
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NewsMedia Bites 15 May: Greggs, Tesco/Ken Murphy, Brexit borders
Rising wages continue to take a bite out of profit margins at Greggs
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NewsCity snapshot: Britvic growth fizzes in first half as volumes rise
Britvic has hailed an “excellent” first-half performance as rising volumes helped the soft drinks giant boost revenues and profits. Plus, interim results from Imperial Brands and Compass Group
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NewsTango in ‘multimillion-pound’ push for flagship orange variant
The campaign is the second to come out of Tango’s new ‘dangerously potent flavour’ brand platform
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NewsPots for Tots pushing for retail growth with six-figure funding
Healthy children’s food brand Pots for Tots has raised £400k to expand its offering further into retail
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NewsBepps appoints liquidators as access to funding dries up
Healthy snacking challenger Bepps has ceased trading after an attempt to secure funds to support working capital failed
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NewsKinKind in £500k funding drive to enter retail channel
More than half the funding is already committed by angel investors, with the business aiming to bring additional backers on board by the end of June to complete the round
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NewsCity snapshot: Greggs sales jump in 2024 as it continues to grow store estate
Food-to-go player Greggs has seen another strong uplift in like-for-like sales in the early weeks of 2024 as it continues to grow its store estate
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NewsMedia Bites 14 May: Asda, Boots, Tesco
Asda’s move into house building generates headlines this morning
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NewsNew cash for fresh Arla factory upgrades takes total investment to £300m this year
Britain’s biggest dairy company has unveiled investments in four of its sites including Lockerbie, Stourton, Aylesbury and Westbury
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NewsPremium boxed wine Laylo eyes expansion with seven-figure backing
Founded by former Naked Wines marketing director Laura Riches and COO Laura Rosenberger in 2020, the business secured $1.3m (£1m) in a round led by Anotherway Ventures
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NewsAll Things Butter secures seven-figure seed funding
Disruptive dairy startup All Things Butter has closed a £2.2m seed funding round to support a wider rollout of its products and prepare an overseas launch
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NewsMedia Bites 13 May: Fever-Tree, Morrisons, apprenticeships
Fever-Tree is teaming up with one of the leading makers of French rosé wine as it seeks to grab a slice of the lucrative spritz market from Aperol
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NewsCity snapshot: Premier Foods appoints non-exec to the board
Premier Foods has appointed Malcolm Waugh as an independent non-executive director.
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NewsCity News: AB InBev shows signs of recovery after North America disruption
The world’s largest brewer AB InBev was up this week on hopes it might be emerging from a torrid time in North America
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NewsEthosa raises £230k to strengthen brand
Waterless personal care company Ethosa has raised £230k via crowdfunding to drive growth
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NewsCrawshaws successor Sterling Meat Co posts more strong growth
The Manchester-based retailer delivered a 54.3% jump in sales to £22.8m in the year to 31 December
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NewsCity snapshot: Ultimate Products sales drop amid weak consumer demand
Household goods manufacturer Ultimate Products has warned that sales have continued to slow following a “disappointing” Spring
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NewsMedia Bites 10 May: John Lewis, Fruugo, Spinneys/Waitrose
John Lewis has shed 3,800 jobs over the past year, as it races to cut costs across its stores
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NewsHome Dough Pizza launches investment drive amid ad agency partnership
Home Dough Pizza, a ‘restaurant quality’ pizza startup with listings across London, has kicked off a drive for new investment to take the brand national