Finance news – Page 442
-
NewsSainsbury's Argos appoints Gary Kibble as marketing director
Gary Kibble will lead marketing of the newly acquired Argos brand
-
NewsCity snapshot: Greggs to cut manufacturing jobs as cost pressures mount
Greggs has reported another solid rise in annual sales and profitability, but has announced it will reduce its manufacturing staff base. Plus all the latest news from the City
-
NewsMedia Bites 28 Feb: Tesco, ABF, B&M
Tesco is demoting 1,600 managers at its convenience stores and cutting their pay.
-
NewsMcColl’s vows to continue convenience acquisitions as store numbers break 1,000
McColl’s plans to continue its acquisitive push in the convenience grocery sector, despite having only received regulatory approval for its buyout of almost 300 Co-op stores in the weeks before Christmas.
-
NewsAssociated British Food profits lifted by higher sugar prices
Profits sweetened in the first six months of the year but ABF warns that benefits of the weak pound will fade in second half.
-
NewsWild Beer asks the crowd for £1.5m for new brewery
The Wild Beer Company is the latest craft brewer to turn to the crowd to raise cash as it kicks off a £1.5m funding drive later this week.
-
NewsCity snapshot: McColl's lays foundations for 'transformational' growth
McColl’s said this morning in its annual results that the foundations for “transformational” growth have been laid as it opened the first of the 300 stores bought from Co-op.
-
NewsMedia Bites 27 February: Unilever/Kraft Heinz, Warren Buffett, Tesco/Booker, gin
The fallout from the failed Unilever Kraft-Heinz merger continues to generate headlines as the weekend papers reveal more of the backroom machinations during the brief pursuit.
-
NewsUnilever shareholders benefit despite failure of takeover
Unilever shareholders may have missed out on the 18% premium but they have been left sitting on a tidy 12.5% profit
-
NewsCity snapshot: Restructuring hits Adelie’s bottom line
Adelie Foods has new owners, after a torrid first 18 months of trading saw private equity firm HIG Capital exit the group after making a £15m opperating loss last year. Plus, Lily’s Kitchen, Unilever/Kraft Heinz and all the latest news from the City.
-
NewsMedia Bites 24 Feb: Business rates, British American Tobacco, John Lewis
The government is under growing pressure to overhaul the business rates system rather than just offer help for small firms affected by the revaluation of properties.
-
NewsAdelie looks to rebuild under new owners ICG
Adelie Foods has new owners, after a torrid first 18 months of trading saw private equity firm HIG Capital exit the group.
-
NewsCauli Rice hits over £3m in crowdfunding
Cauli Rice has raised £1.4m from a massively oversubscribed crowdfunding campaign – more than £1m higher than its initial
-
NewsCotswold Raw picks up private funding to hike production
Premium dogfood startup’s crowdfunding campaign failed to hit its £250k target
-
NewsCity snapshot: British American Tobacco hails 'exceptionally good' full-year results
British American Tobacco has reported “an exceptionally good performance” in 2016 as it grew revenues, underlying profits and outperformed the industry on tobacco volumes. Plus full-year results from Henkel, Unilever pledges to boost earnings and all the rest of the latest news from the City.
-
NewsMedia Bites 23 Feb: Unilever, Fox's Biscuits, Hotel Chocolat
“Unilever forced to review strategy after aborted Kraft bid” is the lead business story in The Times (£) this morning.
-
NewsBranded growth boosts profits at Arla
Global dairy giant Arla has boosted its bottom line through higher sales of branded goods despite the slump in milk prices hitting annual sales.
-
NewsGlanbia sells off Irish dairy division for £95m to form jv with farmers co-op
Glanbia has agreed to sell off a controlling stake in its Irish diary business to the Glanbia Co-operative Society for €112m (£94.8m).
-
NewsHotel Chocolat's Angus Thirlwell on cocoa, Brexit and online
Hotel Chocolat announced yet more positive results in the form of a 28% rise in pre-tax profits for the latest half-year of trading, we talk to the company’s CEO & co-founder
-
NewsPark Garage Group profits slump after 'major' investment
Group expects a 46% increase in turnover from its car valeting service after installing new equipment