All Finance articles – Page 14
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NewsCity snapshot: AG Barr scores good result from Euros Irn-Bru campaign
Sales at AG Barr have increased by more than £10m in the first half after a “highly effective” marketing campaign during the Euros football tournament in the summer boosted the popularity of Irn-Bru. Plus, Cake Box has revealed a collaboration with Nutella to launch a lineup of five new products for the UK market
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NewsMedia Bites 24 September: Tesco chicken nuggets spark controversy as M&S shares soar
Tesco has been accused of skimping on the chicken in its Aldi price-matched nuggets
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NewsFermtech hits crowdfunding target to scale up production of fermented protein source
Fermtech makes clean-label protein by growing fungi from food waste, using spent grains from a local brewery in a patent-pending system
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NewsThe Famous Grouse set to change hands as Edrington agrees sale to William Grant & Sons
The UK’s largest scotch whisky is on the move
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NewsCaffè Nero records strong summer trading as UK like-for-likes rise 9.1%
The group said it was trading ahead of the market and winning share from rivals
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NewsDistil secures emergency funding to get through Christmas trading period
A placing at a steep 40% discount to last week’s share price is set to raise £430k, while the company has secured a further £220k from existing shareholders
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NewsCity snapshot: Disposable incomes to rise ahead of Christmas period
UK households have weathered the worst of the cost-of-living crisis and can now expect to see their disposable income continue to rise this year, according to new figures from Asda’s Income Tracker. Plus, Distil secures funding and Eagle Eye wins a new contract
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NewsCity snapshot: Gloomy outlook from Labour knocks consumer confidence
Consumer confidence in the UK has taken a nosedive on the back of gloomy noises coming out of the new Labour government
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NewsMedia Bites 20 September: Ocado, Campari, Gusbourne, Celsius, Campbell Soup Co,
Ocado’s sales are up 15%
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News£4.2bn Pilgrim’s Europe operation sees ‘return to growth’ in latest accounts
The business began integrating Pilgrim’s UK, Moy Park and Pilgrim’s Food Masters under one banner last year
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NewsAgroberries acquires BerryWorld to become second largest berry company
The combined company will commercialise approximately 150,000 tonnes of blueberries, strawberries, raspberries and blackberries per year
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NewsHero Group outlines big expansion plans for Deliciously Ella
Hero CEO Rob Versloot told The Grocer he had also identified significant headroom to grow distribution in the UK in Tesco and Sainsbury’s, where the brand already has a presence, and in Asda, where listings are more limited
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NewsPZ Cussons shares sink on troubles in Africa
Investors sold off the stock in response to the results, sending shares tanking 15% to 87.5p on Wednesday
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NewsCMA to probe Arla Foods Ingredients deal for Volac whey business
Arla’s ingredients division is hoping to transform the site into a global production hub
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NewsCity snapshot: Ocado Retail raises sales expectations as sales boom in Q3
Ocado Retail has lifted its full-year revenue expectations after continued momentum in the third quarter led to a 15.5% jump in sales to £658m. Plus, a trading update from vape maker Supreme and C&C Group appoints a non-exec to the board
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NewsMedia Bites 19 September: Brexit labelling, Asda, John Lewis
As the government ends ‘not for EU’ labelling, the papers scrutinise Mohsin Issa’s decision to step down at Asda
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NewsTuggs secures seven-figure investment to bolster insect dogfood brand
Insect-based dogfood startup Tuggs has used a £1.1m investment round to boost growth and make its supply chain more sustainable
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NewsCost saving and ‘inflation mitigation’ sustains profits at Lucozade Ribena Suntory
The reporting period pre-dates disruption that has hit the supplier this year, however
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NewsStuart Rose-led team to replace Mohsin Issa at helm of Asda
Rose, the former Marks & Spencer boss who became Asda chairman in 2021, will run Asda alongside Rob Hattrell, a partner at joint owner TDR Capital
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NewsCampari CEO Matteo Fantacchiotti unexpectedly resigns after just five months
A leadership transition committee has been formed to seek a replacement for Fantacchiott