Finance news – Page 283
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NewsFood businesses warn MPs of Halloween no deal Brexit nightmare
Fruit & veg, chicken products and confectionery could be hardest hit by shortages
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NewsWaitrose expands rapid delivery beyond London for first time
Bath and Hove are to get the service from next month
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NewsLidl to open first central London store as part of £500m expansion
The Tottenham Court Road store is expected to open by summer 2020
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NewsMontezuma's makes three hires to executive leadership team
Co-founders Helen and Simon Pattinson will become global ambassadors for the brand
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NewsCity snapshot: Reckitt Benckiser brings in PepsiCo exec to replace Rakesh Kapoor
Reckitt Benckiser has announced that PepsiCo executive Laxman Narasimhan will succeed Rakesh Kapoor as chief executive. Plus, Lidl outlines £500m London investment plan, British American Tobacco banks on innovation to boost second half earnings and all the rest of the latest news from the City.
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NewsMedia Bites 12 June: Unilever, Tesco, Beyond Meat
Unilever chief executive Alan Jope has signalled the group will shift further from food to the higher-margin beauty and personal care market.
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NewsHiggidy sells minority stake to Samworth Brothers
Premium pie-maker Higgidy has sold a minority stake to Ginsters owner Samworth Brothers to help accelerate its push into vegan and veggie pastry products.
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NewsRichard Crampton to join McColl's as chief commercial officer
McColl’s said Crampton was appointed following an extensive search process
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NewsUK food manufacturers turning away from imported eggs
Research from British Lion has suggested almost half of UK shoppers want to know where the eggs in their food products are sourced from
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NewsSainsbury’s Bank appoints new chief executive
Sainsbury’s has named former Royal Bank of Scotland exec Jim Brown its next chief executive of Sainsbury’s Bank.
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NewsMedia Bites 11 June: Ocado, Sainsbury's/Asda, Amazon
Ocado is getting in early into what may become a profitable niche of the global food supply chain with its £17m plans to roll out vertical farms near its existing warehouses.
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NewsTesco to raise pay for store and warehouse staff to exceed Living Wage
The new deal will put Tesco staff on £9.30 an hour by October 2020
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NewsCosta Coffee promotes Neil Lake to UK&I managing director
Lake will be responsible for more than 2,600 coffee shops and 8,000 Costa Express self-serve machines in the UK
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NewsLidl 'actively exploring' launch into online
Lidl is advertisng for an e-commerce project manager and a junior project manager
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NewsOcado makes major investment in vertical farming
The online grocer could have 10 vertical farms up and running within a decade
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NewsCity snapshot: Ocado makes £17m bet on vertical farming
Ocado is committing £17m into two acquisitions to make it a global leader in the newly emerging vertical farming industry. Plus, retail footfall plummets in May to its worst month in six years, Distil posts double-digit annual growth and all the rest of the latest news from the City.
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NewsMedia Bites 10 June: Retail footfall, Patisserie Valerie, Majestic Wine
Stores suffered their steepest fall in customer visits in six years last month as Brexit uncertainty deters shoppers.
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NewsFood prices back in inflation as UN warns over global prices
The Grocer Price Index edged up 0.1% in May, following a 0.3% decline the previous month
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NewsApplegreen blames Brexit for 'challenging conditions' in the UK
Fresh from its acquisition of UK service station group Welcome Break, Irish forecourt group Applegreen warned economic headwinds and Brexit were beginning to bite.
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NewsBiff's Kitchen raises 'six-figure sum' to broaden vegan offering
Vegan fast food specialist Biff’s Kitchen has raised a six-figure sum from a private fundraising drive to grow its jackfruit burger offering and develop a new retail range.