Finance news – Page 78
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NewsGraze cuts costs ahead of Unilever integration
Unilever decided to integrate Graze after it made a loss in every full year since it was purchased
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NewsBudget measures to heap £120m in added costs on M&S, says chief
Stuart Machin said ‘we don’t want to pass on these costs to our customers’ through price rises but ‘can’t rule anything out’
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NewsMedia Bites 6 November: Asda, air fryers, farming strikes
Farmers are reportedly planning strike action in response to plans to introduce a 20% inheritance tax on farms
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NewsCity snapshot: M&S has ‘so much to do’ as profits beat expectations
Pre-tax profits surged 17% in the first half of the year, propelled largely through its food business. Also, Domino’s Pizza returns to sales growth and Glanbia announces major restructure
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NewsJNCK Bakery raises £200k to support Tesco launch
JNCK became one of Tesco’s latest recruits for its new Accelerator Programme
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NewsKinKind hits target for UK and US expansion
The business makes plastic and water-free bathroom products
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NewsTazaki Foods buys Finnish wholesaler to boost Japanese food presence
Tazaki Foods is the largest importer and distributor of Japanese food and drink in the UK
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NewsKepak buys Summit Foods to enter sandwiches and frozen for first time
Summit Foods specialises in chilled and frozen convenience foods
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NewsRobertshaw’s to open store on former Keelham Farm Shop site
Fourth-generation family business Robertshaw’s already operates a farm shop in Thornton, Bradford
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NewsFresca Group sales breach £500m mark in robust year of growth
In its annual report for the period ending 26 April 2024, the company reported an increase in turnover of 13.8% up from £459.4m in the year before
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NewsNorthern Monk closes crowdfunding campaign after raising almost £2m
The raise has seen nearly 2,000 investors join the brewer
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NewsMedia Bites 5 November: shoplifting, Sainsbury’s/M&S, Tobacco and Vapes Bill
Shoplifting remains in the spotlight in this morning’s papers, with impending results from M&S and Sainsbury’s also in focus
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NewsCity snapshot: Associated British Foods delivers better-than-expected profits
Profits at Associated British Foods have beaten market forecast thanks to margin recovery at Primark and “good growth and strong profitability” in the food division. Plus, interims from Distil, a trading update from Hilton Food Group, Q3 results from Coca-Cola Europacific Partners and the latest retail sales data from the BRC and spending report from Barclays
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NewsOzempic and supermarket health targets 'would halve obesity’
However, the report stops short of recommending taxes on the food and drink sector because of the danger they would push up food prices
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NewsWincanton and GXO merger could raise prices for customers, watchdog says
The CMA launched an investigation into the £760m deal in September
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NewsLancashire Farm Dairy sees profits double due to new listings
The yoghurt maker posted ‘record’ results in the year to 31 January 2024
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NewsMedia Bites 4 November: Interest rate cuts, budget woes, M&S
Rachel Reeves’ budget and its impact on business and the economy is still making headlines
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NewsCity snapshot: Sainsbury’s first to match Aldi prices in c-store estate
Sainsbury’s is stepping up the battle with the discounters as the supermarket introduces its Aldi price match scheme in 1,400 convenience stores
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NewsTwo Magpies spreads wings with Hilton Macarons acquisition
Founded by James Hilton and Andrea O’Keeffe in 2019, Hilton Macarons produces handmade premium macarons, which are gluten-free and vegetarian
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NewsMilliways launches in France as part of international rollout
It is part of a global rollout for the London-headquartered company and follows the major move to launch nationwide in the US at the start of October