Finance news – Page 504
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Mark Price picked up £1.9m payoff from Waitrose
Price was appointed a government trade and business minister earlier this year
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BrewDog misses £25m crowdfunding target
BrewDog has raised £19m from its latest crowdfunding round but fell £6m short of its £25m target.
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Q&A with Young's Seafood CEO Pete Ward
Young’s Seafood CEO Pete Ward on price wars; going on the acquisition trail and what the business is doing to replace lost contracts.
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Scotmid Co-op sees profit rise as business outperforms market
Turnover and gross profits fell due to shorter trading period
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Singh invests in Irish turkey firm for private portfolio
Grove Turkeys supplies turkeys and poultry added-value products to the retail and foodservice markets
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Sainsbury's shares boosted by abandoned takeover bid
Sainsbury’s stock ended up 1.8% at 290p on Monday
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Thomas J Fudge's eyes rapid growth after management buyout
The new owners plan to kick-start rapid growth at the business
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Young's Seafood casts its net for acquisitions
The UK group is in talks with more than one competitor as it looks to consolidate the market.
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Media Bites 22 April: Executive pay, retail sales, SABMiller
It’s a quiet morning for retail in the papers but the issue of excessive executive pay in general rumbles on with a report by City bosses, including Sainsbury’s chairman David Tyler, calling the system not “fit for purpose”.
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City snapshot: Young's Seafood eyes acquisitions to get back in growth
Young’s Seafood CEO talks exclusively to The Grocer about the latest accounts
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SABMiller boosts volumes but revenues hit by strong dollar
For the full year, premium lager brand volumes grew by 6%
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Media Bites 21 April: Coca-Cola, McDonald's, Yum
Coke profits fall in Q1 on weak demand for fizzy drinks; McDonald’s faces a reported $300m tax bill in France; and Yum Brands shares rise as a Chinese KFC promotion lifts sales.
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Warner Edwards wins £150k to ‘turbo-charge’ growth
Craft gin producer secures £150k to invest in capacity after winning a national competition for small and medium-sized businesses.
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National living wage could spark spate of collapses - Begbies Traynor
Almost 60,000 companies in the UK were in a “dire” financial state when NLW was implemented
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Wing Yip pre-tax profits soar by more than a quarter
Wholesaler will begin building work to double the size of its Croydon depot in July
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Seabrook Crisps on major export drive with Gulf deal
British snack brand Seabrook Crisps has signed its first international deal as part of the growth strategy unveiled following the LDC-backed £35m management buyout last year.
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Media Bites 20 April: Which?, ABF, Pret A Manger, Premier Foods
A new investigation by consumer group Which? makes headlines this morning after it revealed food giants and supermarkets are still shrinking the size of popular items and increasing prices.
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Heineken beer volumes jump 7% in Q1
The Dutch brewer reported this morning in a trading update that it had shifted 43.5 million hectolitres
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140 jobs at risk as QV Foods eyes potato packing site closure
The company plans to consolidate its potato business at its Holbeach site in Lincolnshire
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Pret A Manager sales soar as veggie demand increases
Food-on-the-go chain Pret A Manger has hiked sales by 14% to £676.2m in 2015