Finance news – Page 220
-
NewsKingsmill still struggling despite coronavirus demand
It lost £9.6m as the Covid-19 pandemic took hold – 18.5% of its value
-
NewsFormer Premier Foods boss Gavin Darby made chairman of The Felix Project
Darby will work alongside deputy chairman of The Felix Project, Justin Byam Shaw, who founded it in 2016
-
NewsOcado on supplying the shielding: ‘We’ve done more than our share’
Duncan Tatton-Brown said Ocado was serving more people on the government’s shield list ‘than our proportionate share’ of the grocery market
-
NewsMedia Bites 6 May: Ocado, Boots, Thai Union
Ocado shareholders urged to vote against executives pay, WBA in talks with Amerisource Bergen to sell wholesale division, tuna sales spike boosts John West maker Thai Union
-
NewsCity snapshot: Ocado sales surge 40% during coronavirus lockdown
Ocado’s retail sales have surged by more than 40% in the coronavirus lockdown period after ramping up capacity during the crisis. Plus, McColl’s CFO quites for Holland & Barrett role and all the rest of the latest news from the City.
-
NewsFood & drink leaders and unions praise companies offering full pay for self-isolating staff
Measures recommended include ensuring effective and regular cleaning and disinfecting of factories
-
NewsWaitrose opens new CFC to double online orders in London
The six-acre site in Enfield is creating 370 jobs, building to 850 when at full capacity
-
NewsFood & drink SMEs among thousands to submit Bounce Back loan applications
Companies banking with NatWest were among those struggling to secure confirmation of the loans, despite the government promising a no-fuss process
-
NewsHelloFresh sales soar under coronavirus lockdowns
Global meal-kit supplier Hello Fresh has recorded a surge of sales in the first three months of 2020, further boosted by the coronavirus lockdowns in many of its key markets over recent weeks.
-
NewsMedia Bites 5 May: Bounce back loans, Adelie, Food deliveries
Almost 110k small firms applied for the government’s Bounce Back loan scheme on the day it opened, Adelie in talks for rescue deal and food deliveries fail vulnerable groups
-
NewsOnline supermarket deliveries increase lunchtime share, Channel Pulse survey shows
Consumers are also expecting to make greater use of takeaway and delivery options
-
NewsMisty Reich joins Gousto board to advise on workforce growth
The appointment follows a £33m fundraising round at Gousto to fuel its rapid expansion
-
NewsCity snapshot: Hotel Chocolat suffers trading hit from Easter closures
Hotel Chocolat has suffered a “material” impact on trading after being forced to close all retail stores ahead of Easter, the second largest seasonal peak for the business.
-
NewsMedia Bites 4 May: Business confidence, Government aid, McDonald’s
Business leaders have suffered a record drop in confidence during the pandemic and fear the economic recovery will be slow.
-
NewsMindful Chef seeks £25m in fundraise as sales soar
Mindful Chef is seeking £25m in a new fundraising round as private equity investors, blue-chip conglomerates and retailers clamour to own a piece of the fast-growing farm-to-fork recipe box brand.
-
NewsSainsbury’s not yet ‘in the money’ despite coronavirus sales uplift
Mike Coupe’s final results as Sainsbury’s boss firmly dispelled any notion the supermarket is finally “in the money” as a result of the coronavirus-induced grocery sales surge.
-
NewsVegan ice cream brand Perfect World turns to the crowd to fund expansion
The startup hit Seedrs this week looking to raise a minimum of £75k
-
NewsDelistings have hit a third of suppliers since crisis hit UK
Asked if any retailer had behaved in a way contrary to GSCOP in the past five weeks, 31% of the 40 suppliers to respond said yes
-
NewsCity snapshot: Mindful Chef launches £25m fundraising round
Mindful Chef is seeking £25m in a new fundraising round as private equity investors, blue-chip conglomerates and retailers clamour to own a piece of the fast-growing recipe box brand
-
NewsMedia Bites 1 May: Sainsbury’s, Amazon, Reckitt Benckiser
Sainsbury’s boss Mike Coupe has warned that long queues could be here to stay for months as the grocer said it expects profits to take a £500m hit from coronavirus.