Finance news – Page 602
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NewsThe Health Lottery reveals 20% slump in retailer numbers
Richard Desmond has admitted he “might never” get back his original investment in the Health Lottery…
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NewsSpar sales climb 1% despite 4% decline in c-store numbers
Spar UK has reported a 1.05% increase in sales to £2.6bn for the year to 26 April 2014, despite a fall in store numbers…
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NewsUK food and drink businesses lagging as M&A market booms
The UK M&A market is booming at levels not seen since 2007, but food and drink remains starved of deal activity…
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NewsInvestors hit by IPO 'indigestion'
Companies hoping to tap the early year thirst for retail flotations have been warned investors are losing their appetite…
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NewsCo-op Group’s stake in Co-op Bank falls to 20%
Co-op Bank has completed its £400m recapitalisation…
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NewsTesco completes CRE joint venture in China
Tesco has completed the deal to combine its Chinese retail operations with China Resources Enterprise
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NewsTate & Lyle profits fall on weakening sweetener sales
Tate & Lyle reported a 2% drop in full-year profits this morning.
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NewsTesco ends talks over sale of Kipa in Turkey
Tesco has ended talks over the future of its loss-making Turkish business…
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NewsAsda to save money by axing 24-hour trading at 20 stores
Asda is set to stop 24-hour trading at 20 stores that are no longer profitable after 10pm…
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NewsTesco CEO Philip Clarke receives £1.6m pay package but no bonus
Tesco bosses saw increases in their pay packets last year, but missed out on any bonus.
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NewsSABMiller’s UK beer sales grow despite tough global trading
SABMiller has reported a rise in full-year earnings, boosted by beer sales in emerging markets and the UK…
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NewsAsda says in-store manager changes won't hit morale
The retailer will enter into consultation with more than 4,000 in-store managers across the country…
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NewsFirst quarter losses widen at Coca-Cola Hellenic
Coca-Cola Hellenic has reported larger than expected first quarter losses…
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NewsSABMiller gives eight executives £3.8m worth of shares
SABMiller has handed eight executives shares worth £3.8m…
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NewsAlliance Boots reports 4.3% growth as Walgreens partnership pays off
Alliance Boots has reported a 4.3% rise in full year revenues…
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NewsAllied Bakeries' Kingsmill defies wrapped bread sales slump
Sales of Kingsmill loaves have soared in the past year – bucking the long-term decline in the bread market…
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NewsUsdaw: existing Sunday trading laws are 'fair and balanced'
Shopworkers union Usdaw has come out fighting against the latest attempts to force through a relaxation in Sunday trading.
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NewsBooths buyer events result in more than 100 listings
Booths has listed over 100 new suppliers since launching a new approach to buying designed to attract smaller companies…
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NewsTulip invests £15m to boost pork exports to China
Tulip is investing £15m in its UK operations as part of a major export drive to increase its pork sales to China…
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NewsTrade credit insurance claims fall in 2013
Food companies made significantly fewer insurance claims for unpaid or late invoices last year.