Finance news – Page 160
-
![EllasKitchen-March2018_297[3]](https://dmrqkbkq8el9i.cloudfront.net/Pictures/100x67/2/8/4/238284_ellaskitchenmarch2018_2973_844145.jpg)
NewsElla’s Kitchen defies slump in babyfood to increase revenues
Ella’s Kitchen has defied a pandemic-driven slump in the babyfood category to grow revenues and market share in the UK
-
NewsKerry agrees €819m sale of meats and meals business to Pilgrim’s Pride
Kerry Group has agreed to sell its UK and Ireland meats and meals business to Pilgrim’s Pride to focus on its taste and ingredients business
-
NewsCity snapshot: Tesco first quarter sales top record 2020 lockdown surge
Tesco has grown its first quarter sales despite the unprecedented surge in demand during the first coronavirus lockdown period in the corresponding quarter last year. Plus, ONS retail sales figures show surprise May slowdown and all the rest of the latest news from the City.
-
NewsMedia Bites 18 June: UK meat production, BrewDog, Exports
The UK faces shortages of British-produced meat as problems with recruitment continue
-
NewsFood and drink exports crash as Brexit and Covid combine
Exports of food and drink to non-EU markets topped those to the EU for the first time since the FDF began collecting figures
-
NewsCity snapshop: Pepco to launch in Austria with acquisition of store lease portfolio
Poundland owner Pepco Group has announced its intention to launch in Austria, with the acquisition of up to 29 store leases in the country.
-
NewsMedia Bites 17 June: Brexit, Asda, Coca-Cola, Morrisons
Labour shortages are causing the UK meat industry to cut production and warn that it will soon be unable to meet orders unless the government relaxes post-Brexit immigration rules.
-
NewsIssa brothers’ Asda takeover gets final CMA approval
The Competition & Markets Authority has said it accepts undertakings for the acquisition
-
NewsMedia Bites 16 June: Australia trade deal, Inflation, Papa John’s
Farmers have expressed “deep concerns” over a trade deal agreed between the UK and Australia
-
NewsCity snapshot: UK inflation rises to 2.1% in May as lockdown eases
Inflation has continued to soar in the UK as the relaxation of lockdown restrictions led to a rise in consumer spending. Plus, a third-quarter trading update from agri-services group Origin Enterprises.
-
NewsUnilever grows DTC empire with Paula’s Choice deal
Unilever has agreed to acquire digital-led skin care brand Paula’s Choice as it continues to widen its exposure to the growing DTC market
-
NewsBig Drop Brewing raises £3.5m to boost growth plans
Alcohol-free beer producer Big Drop Brewing has raised a further £3.5m to fund surging growth as its sales head towards £5m.
-
NewsCity Snapshot: Just Eat Takeaway.com ties up £5.8bn Grubhub acquisition
Just Eat Takeaway.com has announced this morning it has finally completed the US$7.3bn (£5.75bn) deal to acquire Grubhub US food delivery rival Grubhub
-
NewsMedia Bites 15 June: Covid, hospitality, Boxed, Meatless Farm
Boris Johnson has said that Britain must learn to live with coronavirus as he delayed the end of Covid restrictions by four weeks and insisted that July 19 would be the new “terminus date”.
-
NewsMeatless Farm to mount £5m crowdfunding campaign
Its ‘farm-to-fork’ programme will involve investment at every stage of the supply chain, it said
-
NewsMedia Bites 14 June: Meatless Farm, BrewDog, Covid lockdown
Plant-based burger and sausage maker Meatless Farm is giving its customers the chance to invest in the fast-growing company
-
NewsCity Snapshot: Distil reports 'significant' growth as UK grocery launches offset Covid losses
Drinks group Distil has significantly increased revenues and profits despite Covid disruption as it shift to grocery and online retail helped offset lost business elsewhere. Plus, agricultural supplies group Wynnstay appoints a non-executive director.
-
NewsCity News: Reckitt shareholders’ relief at sale of Chinese infant formula business
The group will continue to own the Mead Johnson and Enfa brands
-
NewsHighland Spring falls to £2.7m loss after ‘disappointing’ year
Bottled water brand Highland Spring fell to a £2.7m pre-tax loss in 2019 and suffered further sales slumps in 2020
-
NewsCity Snapshot: Naked Wines pre-tax losses double despite sales surge
Booming online sales of wine helped propel Naked Wines’ annual revenues up 68% year-on-year, but the company remains loss-making as it continues to invest in new customers and growth.