Finance news – Page 600
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NewsLidl insists it pays its 'fair share' of UK tax
Lidl has revealed that it paid more than £25m in UK corporation tax last year.
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NewsOver 200 jobs at risk as Hovis plans Leicester bakery closure
Hovis is planning to close its bakery in Leicester with the loss of more than 200 jobs, The Grocer has learned.
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NewsCoca-Cola revenues slide despite World Cup boost
Coca-Cola reported a fall in second quarter revenues and profits despite a huge marketing effort around the FIFA World Cup.
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NewsPremier Foods profits up despite sales dip
Tight cost control has enabled Premier Foods to post a 2.1% increase in first half profit despite seeing a drop in sales of its ‘power brands’.
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NewsTesco shares jump on Philip Clarke’s departure
Tesco shares rose to their highest level for a month after the company announced the departure of chief executive Philip Clarke
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NewsFood & drink companies lead the way on working capital
The 20 biggest global consumer products companies improved their working capital positions dramatically in 2013…
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NewsIceland places £950m high-yield bonds to support growth
Iceland has placed £950m of high yield bonds to refinance debt from Malcolm Walker’s 2012 MBO…
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NewsFinsbury Foods shares bounce back on news of good profits
After responding strongly to the sale of its free-from business last year, Finsbury Foods shares have drifted…
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NewsCurry Queen Perween Warsi mulls S&A Foods sale
Perween Warsi CBE, the founder and owner of S&A Foods, is considering a potential sale of the Indian ready meals specialist
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NewsImperial Tobacco buys US brands for £4.2bn after Reynolds/Lorillard merger
Imperial Tobacco is to buy four US cigarette brands and a line of e-cigarettes after the agreement of the merger between US tobacco giants Reynolds and Lorillard today.
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NewsWorld Cup fails to grow food sales
The World Cup could not arrest the decline in food and drinks sales fell in June, according to the BRC-KPMG retail sales monitor.
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NewsMorrisons sells Kiddicare for £2m to Endless
Morrisons has sold its underperforming baby goods brand Kiddicare for just 3% of its purchase price.
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NewsConviviality Retail toasts bumper full-year profits
Bargain Booze-owner Conviviality Retail has reported a bumper increase in profits in its first annual results as a listed company.
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NewsJames Brundle's Hackney Spar topping £32k weekly sales
Sales are topping £32,000 a week at the second c-store opened by Spar retailer James Brundle…
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NewsAldi and Lidl fortunes revealed in first Rich List
The discounters may be upstart challengers in the UK grocery fight, but the businessmen behind them are anything but…
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NewsSugar supply set to tighten warns Tate & Lyle
Tate & Lyle Sugars has reported a surge in sales and profits, but warned of mounting pressure on sugar supplies…
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NewsM&S CFO Alan Stewart heads to Tesco
Marks & Spencer CFO Alan Stewart is leaving the retailer to join Tesco.
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NewsABF grocery sales hit by loss of Silver Spoon contract with Asda
Associated British Foods has reported a 5% drop in constant currency grocery sales following the loss of contracts at Silver Spoon.
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NewsGrimsby's Quayside Group sold to Danish logistics giant DFDS
Danish shipping and logistics giant DFDS has bought Grimsby-based cold storage and transportation specialist Quayside Grou…
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NewsGlobal 50 report: fmcg giants losing share in BRIC countries
The biggest names in global fmcg are losing market share across the BRIC countries…