Finance news – Page 491
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NewsMedia Bites 28 June: Brexit, BHS, GCA, Nestle, Pepsi
Brexit continues to be the main focus for the papers as the pound fell to a new 31-year low against the dollar yesterday.
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NewsInnocent sales boom in Continental Europe but UK sales drop
Innocent sales are booming in Continental Europe but UK sales dropped by 3% last year, newly filed accounts have revealed.
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NewsTesco like-for-like growth impresses investors
Two successive quarters of like-for-like growth at Tesco got investors on board as CEO Dave Lewis’ efforts to turn the supertanker around continued to show progress.
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NewsCharlie Bigham's sales growth accelerates
Posh ready meal supplier Charlie Bigham’s has accelerated its rapid growth with sales racing 28% higher to £37.8m.
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NewsBrexit is a "disaster" for food & drink, claims FDF's Ian Wright
The FDF stopped short of a fully fledged campaign against Brexit
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NewsTesco to pay an extra £200k to GCA despite improvements
Tesco’s share of the levy will jump from £100,000 to £302,000
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NewsSupermarkets still tightlipped after Brexit result
Supermarkets keeping schtumm or taking stock of shock Brexit result
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NewsUsdaw calls for Marks & Spencer to discuss staff wage changes
M&S said it was consulting with its Business Involvement Group rather than Usdaw
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NewsCity snapshot: Chancellor calms markets in wake of Brexit
Chancellor George Osborne has warned that it is “inevitable” that the UK economy will have to adjust in the wake of Brexit but said there will be no immediate emergency Budget.
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NewsMedia Bites 27 June: Brexit, Ocado, Innocent, Walmart, B&M, Warburtons
Unsurprisingly, the papers are dominated by the vote for Brexit and the fallout of EU referendum as City economists warn that Brexit vote will plunge UK into a new recession.
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NewsGrocery at the forefront of change in wake of Brexit IGD warns
IGD’s 17-page Brexit report promises to guide UK grocery businesses in wake of Brexit…
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NewsLidl: Brexit won't deter UK investment
The discounter will stick to its plans for new stores, warehouses and jobs
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NewsDid the industry, after all, 'sleepwalk into Brexit'?
The inquest begins into whether industry leaders did enough to make the case against a leave vote…
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NewsBrexit leaves Poundland potential takeover in the balance
South African retail giant Steinhoff is weighing up whether to make a bid for Poundland in the wake of Brexit.
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NewsThe City reacts to Brexit: Initial panic subsides
The FTSE 100 has fallen 3.2% today following the UK’s vote to leave the EU, wiping more than £50bn off the value of UK shares but recovering from catestrophic early falls.
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NewsFears for fresh food sector in wake of Brexit vote
Sector’s ability to harvest its 100,000 tonne annual crop “now in question”
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NewsUK votes to leave EU: the industry reacts to Brexit
The UK has voted to leave the EU by 51.9% to 48.1%, sending shockwaves through the country and around the world…
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NewsCity snapshot: Brexit vote sends grocery stocks plummeting
Grocery stocks have plunged by up to 30% so far this morning as world stock markets went into freefall and the pound tumbled to a 30-year low after Britain voted to leave the European Union.
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NewsMedia Bites 24 June: Tesco, BHS, M&S
Tesco quarter one results dominate the business pages this morning, with the supermarket attributing its second straight quarter of sales growth in part to its fresh farm food range.
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NewsSimsons Fisheries thrown a lifeline in rescue deal
Seafood supplier Simsons Fisheries has snapped up out of administration by rival business James Knight of Mayfair, saving the jobs of all the staff.