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All Finance articles – Page 16
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NewsJanuary promotions keep prices down, but tough times are ahead
Food inflation eased yet food prices continue to rise at their fastest rate since April 2024
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Comment & OpinionWas ruling out an £8bn Guinness sale genius or insanity?
There are compelling reasons for a Guinness offload, but such a move would have been a huge gamble for Diageo
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NewsVegan Food Group strengthens board with UK MD and CFO
The Vegan Food Group has strengthened its board with the creation of a new UK managing director role and the appointment of a new CFO
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NewsImpossibrew smashes crowdfunding campaign to raise more than £1m
The brand uses natural nootropics and adaptogens to create a 0.5% beer that gives drinkers a ‘one or two pints feeling minus the downsides’
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NewsProfit warnings ramp up across retailers in ‘golden quarter'
Profit warnings at UK retailers ramped up in the final ‘golden quarter’ of the year as consumer confidence remained under pressure
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NewsHotel Chocolat enjoys ‘most successful’ Christmas ahead of latest US push
Hotel Chocolat enjoyed record Christmas sales in 2024
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NewsCity snapshot: WH Smith confirms high street sell-off talks, while Diageo rules out Guinness sale
WH Smith is exploring a potential sale of its high street stores in a bid to become a pure-play travel business, and Diageo rules out a sale of Guinness
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NewsWH Smith explores sale of high street division
WH Smith is in talks to sell off its high street retail operation to focus exclusively on the growing travel division of stores in airports and railway stations
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NewsDiageo rules out Guinness sale following offload rumours
Diageo said it had ‘no intention’ to offload Irish stout brand Guinness or its stake in Moët Hennessy
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NewsDiageo said to be ‘considering Guinness sale or spin-off’
Guinness has been a bright spot in a challenging period for Diageo
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NewsCity snapshot: Consumer confidence sinks and more businesses teeter on the edge of collapse
Confidence in the UK economy has plummeted as consumers worry about ‘dark days’ ahead, according to a closely watched survey out this morning. Plus, there has been a ‘worrying surge’ in the number of UK businesses entering ‘critical’ financial distress in the final quarter of 2024
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NewsMedia Bites 24 January: Sainsbury’s job cuts, traditional wines, BrewDog
Sainsbury’s news of 3,000 staff roles being cut to save £1bn has taken the nationals by storm
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NewsInnovatus and Babco merge to create spirits ‘powerhouse’
The combined company offers a broader range in its premium portfolio, bringing together Horse Guards Gin, Barentsz Gin, Pedrino Spritz and Wing Walker Rum (Innovatus) and Neptune Rum and Tofka toffee vodka (Babco)
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NewsSurya and Veetee hire advisors to explore strategic options
The Grocer has learned Surya engaged Grant Thornton and Veetee hired Goldman Sachs last year
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NewsPremier Foods share price gains continue thanks to strong Christmas
Premier Foods’ continued recovery looks to have assured investors it is fighting fit as markets increasingly back the group’s roster of brands
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NewsChapel Down boss credits ‘deep’ promos for festive sales boost
Promotions helped Chapel Down boost off-trade sales in the second half of 2024
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NewsBarry Williams returns to Poundland to address crisis
It is understood Williams has returned in a supervisory role on an interim basis to run a comprehensive assessment of Poundland
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NewsBramble Foods acquires Whitakers to expand chocolate offering
The strategic move strengthened the Bramble Foods offering, uniting two family-owned brands with ‘a shared commitment to quality and heritage’, the group said
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NewsProcter & Gamble beats estimates as shoppers buy more
Net sales rose 2% in the three months to 31 December, the biggest increase in three trading quarters.
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NewsCity snapshot: ABF in choppy waters while Chapel Down shows signs of hope
Associated British Foods has cut its guidance for Primark in 2025 while THG says it’s on track after the demerger of its Ingenuity business. Chapel Down posts strong Christmas to offset tough year.