All Finance articles – Page 155
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NewsCecily’s plant-based ice cream brand calls in liquidators
Cecily’s made an award-winning range of eight organic dairy-free ice creams made using coconut milk and coconut sugar
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NewsCity snapshot: Ocado retail sales slow as shoppers return to pre-pandemic habits
Retail revenues at Ocado slowed by 5.7% in the first quarter of its financial year as shopping habits returned backed towards pre-pandemic levels. Plus, Deliveroo losses top £300m as it invests in growth and all the latest news from the City.
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NewsMedia Bites 17 March: Fever-Tree, inflation, cost of living, Starbucks
The drinks maker Fever-Tree and the owner of the Wagamama and Frankie & Benny’s restaurant chains have warned of dramatic cost increases as the price of commodities and gas and electricity soars and the war in Ukraine adds pressure to their businesses.
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NewsChocolate startup brings in confectionery heavyweight following Dragons’ investment
Purveyors of hand-made fresh filled chocolates Russell & Atwell have attracted £90k of investment on BBC’s Dragons’ Den and brought in an industry heavy hitter to scale up the business
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NewsZinda Foods secures six-figure investment as food-to-go recovers from Covid disruption
Food-to-go supplier Zinda Foods has bounced back from Covid disruption to close its first-ever investment round.
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Comment & OpinionBritish exporters have reason to be optimistic as we move on from the pandemic
As we learn to live with Covid, there is real reason to be bullish about the opportunities that lie ahead, says minister for exports Mike Freer
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NewsCity Snapshot: Fever-Tree revenues fizz higher but short-term cost pressures loom
Revenues at premium mixer brand Fever-Tree Drinks have jumped 23% to £311.1m despite Covid restrictions hampering on-trade activity as shoppers enjoyed more cocktails at home. Plus, a profits warning from Bulmers owner C&C Group and strong interims from Eagle Eye Solutions.
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NewsMedia Bites 16 March: Lottery, Imperial Brands, Petrol prices
A need to “rekindle” the National Lottery follows a decade of criticism aimed at Camelot
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NewsFoodHak secures seven-figure backing to take on meal kit market
Entrepreneur Sakshi Chhabra Mittal – a member of the Indian billionaire family dynasty – launched the London-based business at the start of the year.
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NewsJC Rook & Sons falls into administration with 155 redundancies
Butchers chain JC Rook and Sons has ceased trading after the Omicron surge at the end of 2021 hampered the peak Christmas period.
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NewsCity snapshot: Camelot set to lose lottery licence as Gambling Commission picks Czech player Allwyn
Camelot is set to lose its licence to run the National Lottery for the first time since its launch in 1994. Plus, Imperial Brands in discussions to dispose of Russian business, Ocado signs Polish supply deal with Auchan, Virgin Wines interims and the rest of the latest news from the City
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NewsMedia Bites 15 March: Wilko, National Lottery, Ukraine/Russia, inflation
UK homeware retailer Wilko has apologised after issuing guidance to staff in England telling them they should attend work even if they are Covid-positive, as concerns grow over a fresh wave of hospital admissions.
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NewsSmall Beer to ramp up brewing capacity as demand for low & no booms
Small Beers has pulled in more than double its £300k target in a new crowdfunding campaign as backers flocked to invest in the fast-growing low ABV craft brand.
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NewsSkinny Tonic owner Happy Drinks Co smashes £5m crowdfunding round
Happy Drinks Co has smashed a £5m crowdfunding target to expand the reach of its collection of ‘healthier’ drinks.
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NewsCity Snapshot: Cake Box strengthens exec team in bid to move past audit issues
Bakery chain Cake Box has brought in new blood to its board and management team as it looks to move past governance and audit problems, with co-founder Pardip Dass stepping down as CFO after more than ten years in the role.
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NewsMedia Bites 14 March: Inflation/Food shortages, Morrisons, Ocado
A leading food industry boss has warned that prices will spike by as much as 15% as a result of the war in Ukraine
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NewsCity News: Greggs reports record sales but looming price rises spook investors
The tills started ringing once again last year at food-to-go stalwart Greggs, but investors wary of soaring inflation
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Analysis & FeaturesWhat’s gone wrong for McColl’s? And what are its next steps?
The pandemic convenience boom enjoyed by its rivals seems to have missed McColl’s out. Can its Morrisons Daily conversions save the day?
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NewsMorrisons CFO Michael Gleeson to leave following CD&R takeover
Gleeson joined the company in 2014 as group financial controller
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NewsCity snapshot: Parsley Box raises £5.9m after share price collapse
Baby boomer meals specialist Parsley Box has raised £5.9m through a new share placing to boost growth, with a further £1.1m targeted through an open offer after its share price has collapsed