Finance news – Page 516
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NewsAsda pledges to pay small suppliers faster
It said the move would benefit around 1,200 small suppliers that have up to £250,000 worth of business with Asda
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NewsMorrisons strikes deal with Hong Kong's britishessentials.hk
From this week, residents of Hong Kong will have access to 600 Morrisons ambient and general merchandise lines
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NewsTesco to sweat Extra space with Currys PC World concessions
A new partnership with owner Dixons Carphone will see two concessions opening in Tesco Extra stores this summer
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NewsFood and drink exports rise to highest level on record
The biggest growth came from countries outside the EU
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NewsArjun Infrastructure Partners buys 45% Welcome Break stake
Welcome Break secures £440m funding package from a banking syndicate, jointly-led by Lloyds Bank, to enable further investment in its hotel and retail offering.
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NewsCity snapshot: Mounting inflation drives highest discounter growth since 2015
Mounting food price inflation is driving consumers back into the hands of Lidl and Aldi, according to the latest market share figures
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NewsMedia Bites 31 May: Tesco, Booker, Co-op Bank, M&S
Three former Tesco directors charged with fraud are seeking to have the case against them dismissed, arguing that no false accounting took place, while Tesco CEO Dave Lewis is to be called as a witness.
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NewsYogurt supplier Llaeth Y Llan upgrades dairy to support expansion drive
The Welsh Government has supported the project
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NewsBeechdean buys 50% of fellow ice cream brand Lovingtons
Ice cream brand Beechdean has acquired 50% of West Country dairy ice cream producer Lovingtons.
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NewsDave Lewis named as witness in fraud case against former Tesco directors
Carl Rogberg, Chris Bush and John Scouler had a pre-trial hearing at London’s Southwark Crown Court
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NewsTesco-Booker merger investigation opened by CMA
The phase I investigation was launched today (30 May), with comments to be submitted by 13 June. A decision will follow on 25 July
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NewsCity snapshot: Rising food sales boost Applegreen
Petrol forecourt retailer Applegreen has made a “positive” start to 2017
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NewsMedia Bites 30 May: Sainsbury's/P&H, Tesco, M&S
Sainsbury’s is exploring a takeover bid for Palmer & Harvey the UK’s biggest tobacco distributor, according to Sky News.
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NewsEagle Eye to raise £6m for expansion drive
AIM-listed retail technology firm Eagle Eye is to raise £6m to boost its marketing spend and target expansion in Canada and North America.
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NewsNomad ups earnings expectations after promotion-driven organic sales growth
Birds Eye and Findus owner Nomad Foods has upped its full year earnings expectations after heavy promotions in the UK drove it to a 1.1% rise in organic sales in the first quarter
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NewsDunbia-Dawn Meats merger 'secures strategic Brexit hedge'
Dunbia CEO Jim Dobson will run the jv, with Dawn Meats CEO Niall Browne acting as executive chairman
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NewsMarks & Spencer shares hold firm despite profit slump
Long-time supporters of Marks & Spencer found cause for comfort but there was plenty for bears to get their teeth into
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NewsFever-Tree shares net £73m for Charles Rolls
Fever-Tree co-founder and former executive chairman Charles Rolls has netted £73.1m from a share sale this week
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NewsTwisted Halo set to launch bid for £450k on Seedrs platform
Alcoholic coconut water brand Twisted Halo is set to launch a £450,000 crowdfunding campaign next week
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NewsCity snapshot: Leisure spend slowdown continues as sales slide at Restaurant Group
More suggestions of a UK consumer slowdown have emerged this morning as Frankie and Benny’s owner Restaurant Group reported a slide in sales at the start of the year