Finance news – Page 357
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NFU Scotland's plans for a post-Brexit agricultural policy
The farming group launched a document outlining future plans outside Holyrood on Wednesday
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US vs China dispute threatens global pork trade
The superpowers held crisis talks this week to settle an escalating trade dispute
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City snapshot: UK to introduce deposit return scheme
Michael Gove has said a deposit return scheme (DRS) will be introduced in the UK, Hilton Food Group sees profits rise, Real Good Food temporarily resolves cashflow pressures and all the other news from the City
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Media Bites 28 March: GSK, Tyson Foods, Walmart
Glaxosmithkline (GSK) has agreed to take full control of its consumer healthcare joint venture from Novartis. It will buy the remaining 36.5% stake in the business, whose brands include Panadol and Sensodyne, for £9.2bn. It will also launch a strategic review of its nutrition products, including Horlicks ...
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Easter spending predicted to reach £824m
Discounters Lidl and Aldi are set to emerge as winners, according to a shopper survey by marketing agency Savvy
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Conviviality service levels drop ahead of crucial Easter weekend
Service levels in the crucial run up to Easter now as big a concern as cash flow, sources claim
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City Snapshot: Kerryfresh collapses due to cashflow issues
Fresh to Store, trading as Kerryfresh, has collapsed into administration, AG Barr sees strong profit growth, Diageo appoints Ursula Burns as interim executive chairman and the other news from the City
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Media Bites 27 March: Casino, Amazon, Conviviality
French supermarket giant Casino has signed a distribution deal with Amazon
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Kerryfresh calls in administrators after cashflow problems
Fresh to Store completed an MBO from Kerry Foods in February 2015
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Pineapples in demand as sales rise 15% at Tesco
Demand for the fruit has hit an all-time high over the past 12 months
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Paul Lindley to head up Child Obesity Taskforce in London
Earlier this month, The Grocer revealed Lindley was stepping down as chair of Ella’s Kitchen
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City snapshot: Smurfit spurns International Paper revised offer
The board of packaging company Smurfit Kappa has rejected a revised proposal from International Paper and all other news from the City
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Media Bites 26 March: Tesco, HoF, Whole Foods
The Confederation of British Industry chairs’ committee will nominate Tesco chairman John Allan as the next president
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Dairy Farm announces partnership with Robinsons Retail
Pan-Asian retail giant created from partnership between Dairy Farm and Robinsons Retail
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Plans to stockpile food in case of Brexit border chaos
Some companies are considering stockpiling up to six months’ worth of products and ingredients
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Media Bites 23 March: Unilever, ConAgra Brands, M&S
One of Unilever’s top-10 shareholders said it failed to consult UK investors over the implications of last week’s decision to establish a single legal base in Rotterdam
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City snapshot: Tyrrells tipped for private-equity return
City sources have tipped Tyrrells to return to private equity hands for the third time in a cut-price deal, Fever-Tree announced the sale of 3m shares at 2,750p a share and the rest of the news from the City
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Ocado feels chill as first-quarter sales disappoint
The online grocer’s first quarter sales growth was reduced by almost one percentage point
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Wing Yip suffers 30% drop in pre-tax profits
According to accounts filed at Companies House this week, pre-tax profits were down from £4.8m to £3.5m on turnover up 8.7…
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Private equity suitors eye cut-price Tyrrells deal
Tyrrells is likely to return to private equity hands in a cut-price deal as new owner Hershey’s looks to sell off the upmarket crisps brand.