Finance news – Page 533
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NewsCity News: Greencore shares rebound on sandwich growth
Greencore continues to surf the wave of the UK food-to-go boom as another big jump in sandwich sales underpinned its 5.2% sales rise to £1.34bn for the year to September 25 this week.
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NewsMedia Bites 27 November 2015: Black Friday, Tesco, Co-op, SSP
All the focus this morning is on Black Friday, with updates, deal finders, live blogs and updates from the US, where the phenomenon started.
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NewsCity snapshot: Growth harder to come by for Fast 50
The UK’s privately owned fmcg suppliers have found it difficult to maintain the monster rates of sales growth of previous years, the new Grocer Fast 50 reveals today. But the same business still leads the way.
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NewsRippleglen warns of cost blow from national living wage
The government’s new national living wage will force CTN chain Rippleglen to cut staff hours and raise prices
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NewsPaypoint chief admits to commission charges mistakes
PayPoint chief executive Dominic Taylor has publicly admitted for the first time that the payment technologies company fell short in its communication of changes to its commission structure earlier this year.
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NewsMcColl's on hunt for new CEO as James Lancaster steps down
Retail veteran James Lancaster confirms plan to step down as McColl’s CEO
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NewsTesco settles US legal case for $12m
Tesco has announced this morning it has settled the class action law suit brought in New York by US investors
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NewsMedia Bites 26 Nov: Black Friday, Business rates, Britvic
The papers are still churning out new angles on tomorrow’s supposed sales extravaganza as we head into Black Friday.
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NewsLidl buys German recipe box home delivery business
Lidl has bought German recipe box home delivery start-up Kochzauber
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NewsFirst Milk sells Glenfield Dairy to Graham’s
First Milk has agreed to sell its Glenfield Dairy business to Scottish processor Graham’s the Family Dairy
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NewsBoost to consumer spending power as Osborne u-turns on tax credits
Osborne said the health of the UK’s public finances had improved so much the cuts were no longer necessary
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NewsFinsbury Food shares rise as new year starts strongly
Soaring sales in the first four months of the new financial year has pushed Finsbury Food shares close to record highs.
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NewsFirst Milk announces return to profit
The struggling dairy co-op recorded operating profit of £1.1m for the six months to 30 September
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NewsMedia Bites 25 November: Tesco, Greencore, Coca-Cola, John Menzies
All eyes are on Chancellor George Osborne today ahead of the Autumn Statement and Spending Review, but this morning’s papers find room for potential strike action at Tesco and booming sales and profits at Greencore.
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NewsCity snapshot: Britvic improves profits despite challenging markets
Robinsons squash owner Britvic has improved its full-year pre-tax profits by more than 10% to £147m despite sales falling as it kept close control of its costs
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NewsGreencore to extend food to go facilities amid booming sales
Greencore has announced the opening of a further £12m investment in its Northampton food to go base to open a new facility to cope with stronger than expected volumes.
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NewsAston Manor gears up to grow its premium cider sales 30-fold
MD Gordon Johncox outlines his vision for future of Frosty Jack’s producer…
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NewsCandy Kittens seeks £300k from the crowd
Made in Chelsea confectionery brand Candy Kittens plans to raise £400,000 via a crowdfunding campaign launching later this week.
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NewsBakkavor Q3 UK sales rise as it drives volumes
Bakkavor has increased UK like-for-like sales in the face of challenging retail conditions as it passed on lower prices to its grocery customers.
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NewsMedia Bites 24 November: Ocado, Nestlé, WHO
A broker upgrade for Ocado, Nestlé finds evidence of slave labour in the supply chain and sausage and bacon sales hit by cancer scare.