All Finance articles – Page 16
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NewsMedia Bites 11 September: UK economy fails to grow and corkscrew woes
The economy unexpectedly failed to grow in July, while the corkscrew is also on a downward spiral
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NewsCity snapshot: WH Smith launches £50m share buyback as travel division records strong growth
WH Smith group revenue was up 7% in the year ended 14 November, driven by a 10% increase in the travel business, according to a full-year trading update released this morning
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Analysis & FeaturesHas the fizz gone out of Chapel Down?
Declining sales and profitability, alongside the news of its CEO’s departure, have sent shares in Chapel Down tumbling. What lies ahead for England’s leading sparkling winemaker?
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NewsWarburtons adds former Irn-Bru boss Roger White to its board
Warburtons has appointed former AG Barr boss Roger White to its board to support the bakery giant’s long-term growth, The Grocer has learned
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NewsValeo Foods strikes ‘transformative acquisition’ to buy sweet treats maker IDC Holding
Valeo Foods has snapped up a confectionery and biscuits producer in Slovakia as part of the group’s ambitions to become a major player in the European sweet treats market
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NewsCMA opens investigation into Carlsberg’s £3.3bn Britvic takeover
The CMA is inviting comments on the deal from companies and organisations with knowledge of the drinks industry before deciding whether to launch a formal Phase 1 merger inquiry
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NewsMoth seals £4.6m investment to fuel domestic and overseas growth
Moth has enjoyed rapid success since launching in 2021
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NewsCity snapshot: Asda sales slump continues
Asda has lost market share as sales slumped further, with a turnaround at Morrisons beginning to take shape, according to new data from Kantar this morning. Plus, the CMA investigates Carlsberg takeover of Britvic
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NewsMedia Bites 10 September: Aldi, TGI Fridays, Asda, inflation, Carlsberg
Aldi saw UK profits more than triple last year and plans an £800m expansion drive
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NewsC&C Group shakes up distribution deal with AB InBev
From 1 January, C&C will reassume control and distribution of its cider portfolio in Great Britain
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NewsMedia Bites 9 September: Unilever, Tesco, Asda, 7-Eleven, Charlie Bigham
Unilever is finally pulling out of Russia
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NewsCity snapshot: Aldi to invest £800m in new stores as it reveals profits boost
Aldi has unveiled its biggest ever store investment programme after boosting profits on the back of record sales in 2023
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NewsBakkavor to shut ‘unsustainable’ Wigan factory, putting 750 jobs at risk
The news came alongside the publication of Bakkavor’s latest half-year results
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Analysis & FeaturesWhy has the ‘Chicken King’ sold poultry arm to himself?
2 Sisters’ European poultry business will now be run separately
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NewsCity snapshot: UK expansion planned for pizza giant Freiberger Group
The Berlin-based private-label operator said the investment will involve expanding production capabilities, developing new markets and modernising existing sites
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NewsDuty rises to blame for off-trade sales slump, Pernod Ricard UK boss says
’It is not our game to chase prices to the bottom’
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NewsMedia Bites 6 September: Labelling, Asda, croissants
The British Heart Foundation has proposed banning junk food brands from sponsoring sporting events
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NewsFlorette owner Agrial posts further, inflation-driven losses
The bagged salad supplier said it had ’walked away’ from some retail business last year as it sought to recoup risisng costs
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NewsCity snapshot: ABF issues warning over Primark sales and sugar profits
ABF blamed unfavourable weather in the UK and Ireland, which resulted in lower volumes of seasonal lines
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NewsMedia Bites 5 September: Glen’s, Johnson & Johnson, M&S, Amazon
The Food Standards Agency has warned of fake bottles of Glen’s Vodka