Finance news – Page 384
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NewsAir travel growth boosts SSP Group
Upper Crust and Caffe Ritazza owner SSP Group has reported a double-digit hike in annual sales and profits as a rise in air travel and growth in North America boosted performance.
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NewsMedia Bites 22 Nov: Imperial Tobacco, Camelot, Compass Group
Heightened expectations that a blockbuster tobacco takeover was on the way lit a fire under Imperial Brands.
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NewsWyke Farms and Omsco reveal organic dairy joint venture
First products are expected to be introduced in early 2018, as the partners aim to become the ‘world’s largest organic cheese supplier’
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NewsMary Portas urges Budget freeze on business rates
Business rates bills from 1 April next year are set to rise by £1.15bn in England
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NewsRetail leaders warn of price impact from Budget plastic tax
The new tax bombshell would be part of a consultation unveiled by Philip Hammond, said weekend press sources
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NewsPukka Pies aims to create 150 jobs with Syston site expansion
Pukka Pies expects to create 150 jobs with the expansion of its premises – having submitted a planning application to its local borough council for a manufacturing, storage, distribution and office facility. The Leicestershire business aims to erect a 4,750 sq ft building on a 13.5-acre landfill ...
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NewsCity snapshot: Strong North American growth boosts catering giant Compass Group
FTSE 100 catering giant Compass Group (CPG) has announced a 4% rise in organic revenues as a strong performance in North America underpinned growth. Plus, Tesco and Booker shares rise again and all the rest of this morning’s news from the City
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NewsMedia Bites 21 Nov: Unilever, Accrol, Yo! Sushi
“Dutch in tax war to lure Unilever away from UK”, writes the Daily Mail.
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NewsSauce start-up Capsicana looks to the crowd to fund retail growth
Sauce start-up Capsicana is aiming to raise £300,000 when it launches a crowdfunding campaign this week to tap growing demand for Latin American flavours.
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NewsYo! Sushi snaps up Canadian sushi brand Bento
UK restaurant chain Yo! Shushi has acquired Canadian multi-platform sushi brand Bento Sushi in a deal worth CAN$100m (£59m).
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NewsBernard Deryckere to step down as CEO of Alpro after 16 years
Deryckere will be raplaced by Sven Lamote in a new general manager role
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NewsConsumer spending to flatline over festive period
Spending by UK shoppers is set to slump in the run-up to Christmas as new research from Visa suggests consumer activity will be hit by weak wage growth and higher prices.
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NewsMedia Bites 20 Nov: Accrol, Festive spending, Black Friday, Camelot
Accrol, which makes toilet rolls for Lidl and other retailers, is poised to unveil plans to raise new funds in an effort to escape a cash crisis.
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NewsFruit-waste-to-crisps supplier Spare Fruit bids for Seedrs cash
A snack firm that repurposes otherwise discarded fruit into air-dried crisps is seeking cash from the crowd
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NewsProtein energy brand Bounce seeks buyer to drive global growth
Protein energy ball brand Bounce Foods is seeking external investment to help continue its international rollout
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NewsPremier Foods second quarter group sales leap 6%
Premier Foods may finally be delivering on its promises of progress after announcing stellar second-quarter sales
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NewsCMA ruling on Tesco Booker 'bodes well' for Co-op Nisa deal
The Co-op won 75.79% of Nisa members’ votes in favour of its acquisition proposition at a meeting this week
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NewsPipers hires advisers to lay ground for sale
Fast-growing premium snack brand Pipers Crisps is eyeing up potential acquisition targets
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NewsAdult soft drinks startup Nix & Kix backed by big hitters
The adult soft drinks start-up Nix & Kix has secured almost £500,000 to raise brand awareness and expand its team…
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NewsCity snapshot: Snack brand Pipers hires advisers to ready for sale
Premium snack brand Pipers Crisps is eyeing up potential acquisition targets in the UK and overseas after hiring advisers to conduct a strategic review of the business, plus all the rest of the latest news from the City.