Finance news – Page 392
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NewsForecourt stores account for more than £4bn in sales says ACS
Association of Convenience Stores’ latest Forecourt Report reveals revenue streams
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NewsSugar beet harvester M&J Haulage collapses
Lincolnshire sugar beet harvester M&J Haulage has called in administrators from KPMG, with operations suspended and all 24 staff sent home.
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NewsApprenticeship Levy blamed for decline in new starters
Last August, the BRC said it supported the levy’s aims and “wanted it to succeed”…
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NewsLidl UK plans to open biggest RDC yet in Peterborough
The 754,000 sq ft depot will be the discounter’s 15th UK RDC and will create up to 500 new jobs for the area
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NewsMedia Bites 16 October: Sainsbury's, Brexit, Graze, P&G, Reckitt Benckiser
Sainsbury’s chairman David Tyler warns a ‘no deal’ Brexit would raise the cost of shopping; Graze hires advisers to steer a sale; and Reckitt eyes Pfizer consumer health care business.
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NewsCity snapshot: Footfall declines for third consecutive month
The number of shoppers on the high street declined for the third month in a row in September in a sign that consumers are starting to tighten their purse strings, new figures have shown. Plus, Hilton Food Group expands its packing capability in New Zealand.
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NewsFood and drink leaders exasperated by stalling Brexit talks
Industry leaders fear the economy could suffer due to failed “ideology and dogma”…
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NewsHelloFresh readies IPO valuing recipe box company at €1.5bn
Recipe box company is hoping to break even in next 15 months…
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NewsFirst Milk 'completes turnaround' as operating profit doubles
New business strategy, divesting loss-making subsidiaries, and improved operational performance helped turn fortunes around
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NewsBurton's mulls Fox's tie-up as sales plunge
With a long-mooted tie-up with Fox’s Biscuits in an IPO reportedly back on the cards, newly filed accounts for Burton’s Biscuits show sales and underlying profitability has fallen once again.
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NewsBakkavor profits up 8.1% as it heads towards November float
Underlying profits in the first half of 2017 jumped 8.1% to £77.7m
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NewsTyrrells profits sank 45% in Amplify Snack Brands sale period
Profits at snack brand Tyrrells almost halved in the period of its £300m sale to Amplify Snack Brands
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NewsCity News: Booker shares steady ahead of CMA decision
The City was unmoved by a healthy first half at Booker as investors awaited the preliminary decision by the CMA
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NewsFSS fears devolved powers may be watered down after Brexit
The FSS has often pursued much more aggressive and radical policies than bodies such as the FSA and PHE
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NewsLoss of major customer hits Cott revenues
Cott Beverages’ revenues tumbled as it battled a declining UK fizzy drinks market and lost a private-label contract
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NewsConcha y Toro profit hit by weak pound and higher costs
Results for the year ending 31 December 2016 show operating profits fell £306k to £3.2m
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NewsMedia Bites 13 October: Booker, WH Smith, Just Eat
Financial results from Booker and WH Smith are examined by today’s papers, along with the CMA decision on the Just Eat acquisition of Hungry House.
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NewsCity snapshot: Burton's profits sink in declining biscuit category
Underlying profits have more than halved as sales slumped yet again at Jammie Dodgers maker Burton’s Biscuits.
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NewsJust Eat shares jump as CMA paves way for £200m Hungry House takeover
Shares have soared more than 6% at takeaway delivery service Just Eat after the Competition and Markets Authority (CMA) gave the £200m takeover of Hungry House the all clear.
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NewsTurnover at John West rises but weak pound hits profit
Turnover jumped from £207m to £222.7m for the 12 months to 31 December 2016