Finance news – Page 529
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NewsGraham’s The Family Dairy sees profitability boost in "excellent" year
Scottish dairy group Graham’s The Family Dairy has reported a 20%-plus hike in annual profits despite a slowdown in revenue growth.
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NewsCity snapshot: Profits up at expanding HKS
Forecourt operator HKS saw profitability rise by a third last year despite a 9.2% decline in annual revenues
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NewsMedia Bites 17 Dec: High street retailers, Tesco, Thai Union
Yesterday was a busy day for general retailers despite the lack of news coming from the grocery sector.
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NewsPro Plus snapped up by Lanes Health
Lanes Health has acquired caffeine tablet brand Pro Plus from German multinational Bayer for an undisclosed sum.
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NewsThai Union says shrimp slavery report is a "wake-up call"
It comes after an investigation into shrimp supply chains by Associated Press
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NewsDunbia puts business up for sale
The company said it has recieved several “serious expressions of interest” from would-be investors over the past two years
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NewsCity snapshot: Casino outlines €2bn deleveraging plan
French supermarket group Casino is planning to raise €2bn next year as part of a deleveraging plan to “strengthen its financial flexibility”.
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NewsMedia Bites 16 Dec: Starbucks, Tesco, Imperial Tobacco
Starbucks corporation tax payment of £8.1m last year almost matches its total contributions paid over the past 14 years.
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NewsOrnua sells major stake in DPI Specialty Foods to PE firm
The Irish dairy giant retains a minority share in DPI
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News2 Sisters to continue investment push despite sales drop-off
CEO Ranjit Singh said the food group had continued making progress during the last quarter and expected “to see our hard w…
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NewsSupermarkets set for £6.4bn fortnight as UK delays Christmas food shop
Nervous time for retailers as shoppers leave it late for Christmas
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NewsSainsbury's stays ahead of the market as share hits 16.7%
Strong performances from Sainsbury’s, The Co-operative Group and Aldi and Lidl
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Media Bites 15 Dec: Peroni, Grolsch, living wage, FTSE 100, Sports Direct
Former Diageo boss Paul Walsh is eyeing a £2bn bid for the Peroni and Grolsch lager brands after teaming up with a private equity firm, according to reports.
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NewsCity snapshot: 2 Sisters hails progress despite sales and profits slip
Sales have fallen at 2 Sisters Food Group by 3.5% to £778.3m in the first quarter
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NewsMorrisons launches first of five forecourt pilots
Morrisons returns to the c-store sector with new Daily fascia
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NewsSupermarkets fuelling growth of coffee shop market
Growth was driven mainly by Morrisons adding a further 270 cafés
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NewsGreene King's Rooney Anand appointed Morrisons director
Morrisons taps up Greene King boss Anand for non-exec role
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NewsCity snapshot: Sainsbury's pharmacy sale faces CMA scrutiny
Sainsbury’s sale of its pharmacy business to Lloyds Pharmacy is facing an in-depth investigation by the UK’s monopoly watchdog.
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NewsMedia Bites 14 Dec: Sainsbury’s, Asda, Reckitt Benckiser
Sainsbury’s FD John Rogers gives a bullish interview as he looks forward ‘confidently’ to Christmas and Asda CEO Andy Clarke writes a similarly strident column about ‘weathering the storm’.
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NewsNumber of food and drink makers operating in UK up 6%
The number of food and drink makers operating in the UK has grown 6% to a total of 8,225 businesses, making it one of the country’s most successful industries