All Finance articles – Page 184
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NewsMedia Bites 3 Sep: Driver shortage, CCEP, Exports
Supermarkets recruiting lorry drivers by offering higher wages will lead to shortages of hauliers needed to deliver to schools, prisons and wholesalers
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NewsSewell On The Go profits soar despite 18% sales decline
The retailer said a shift towards store-only visits compensated for the fuel sales slump
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NewsVeg Capital adds Clive’s Purely Plants to plant-based portfolio
The specialist private family fund will buy out existing majority shareholders Sally and Chris Carson
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NewsUK food and drink exports to the EU slump by £2bn
The Food and Drink Federation found overall industry exports were down 4.5% to £9.2bn in the first six months of the year
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NewsSouth Caernarfon Creameries racks up record profit
The Welsh business shrugged off pandemic-based challenges to post operating profits of £3.4m in its latest accounts
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NewsCity snapshot: CCEP sales rebound as easing of Covid restrictions boosts consumption
Coca-Cola Europacific Partners has reported ‘strong’ first half performance as volumes recovered in the second quarter as coronavirus restrictions eased across key territories.
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NewsMedia Bites 2 Sept: Amazon, JD Wetherspoon, WH Smith, Morrisons
Amazon is hoping to defy worker shortages with a renewed commitment to the UK by creating some 2,000 new jobs as part of a 55,000-strong global recruitment spree.
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NewsOrchard House beefs up leadership team following PE acquisition
New private equity owner Elaghmore is looking to kickstart growth at the supplier
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NewsTesco the 'most attractive' supermarket takeout opportunity for private equity
Tesco would make a better takeover target than Sainsbury’s but a £30bn price tag is likely to put private equity buyers off, according to analysts.
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NewsFood price hikes ‘likely’ in coming months: BRC
Rising costs continue to hammer suppliers and retailers, according to the latest industry data
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NewsMedia Bites 1 Sep: Inflation, Electric forecourts, Coffee supplies
UK shop prices rose last month in a sign that driver shortages and the costs of Brexit-induced red tape are beginning to hit household budgets
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NewsCity Snapshot: WH Smith sales rebound as lockdown ends but travel recovery still uncertain
WH Smith has performed better than expected as customer numbers at its travel sites and high street stores slowly recovered with Covid restrictions easing over the summer. Plus, the latest BRC-NielsenIQ shop price index, Pernod Ricard reveals full-year figures, and SSP Group updates on CEO succession search.
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NewsBBF expands bakery reach with acquisition of Sargents
Private equity-backed cake maker Bright Blue Foods has acquired Yorkshire bakery supplier Sargents for an undisclosed sum.
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NewsCity Snapshot: Sainsbury’s nears £200m banking arm sale
Sainsbury’s is reportedly in “advanced discussions” to sell off its banking arm to US private equity firm Centerbridge.
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NewsMedia Bites 31 August: Sainsbury’s, Morrisons, Asda, M&S, Mars
The papers were still filled with the takeover frenzy gripping the supermarket sector over the weekend.
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NewsCity News: Sainsbury’s shares soar as takeover speculation mounts
Takeover fever engulfed Sainsbury’s this week, as corporate raiders looking to the UK for cheap assets eyed up yet another supermarket
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NewsBurts sustains growth surge despite foodservice sales fall
Premium crisps brand Burts Snacks maintained its surging growth last year despite a collapse in foodservice sales
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NewsMedia Bites 27 Aug: Pig surplus, DS Smith, Food shortages
The UK’s pig producers have warned they are weeks away from culling healthy animals after labour shortages in abattoirs caused a backlog of 70,000 surplus animals on farms (The Financial Times £). Labour shortages at meat processing plants have resulted in a surplus of 70,000 pigs on ...
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NewsCity Snapshot: EG Group profits surge as Covid restrictions ease
Profits have returned to strong growth at forecourt giant EG Group as customer numbers recovered from the pandemic lows of a year ago.
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NewsBird & Blend flies past crowdfunding target ahead of retail store expansion
Bird & Blend Tea Co has flown past a £300k crowdfunding target in just two days as it looks to expand its retail estate further.