All Finance articles – Page 23
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NewsMedia Bites 18 December: Inflation, Carlsberg-Britvic deal, Post Office inquiry
The Bank of England is widely expected to hold interest rates at 4.75% on Thursday
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NewsCity snapshot: UK food inflation hits seven-month high of 2%
The Institute of Grocery Distribution (IGD) forecast last week that food inflation could go up to 4.9% next year, driven primarily by higher costs for businesses due to measures in the government’s budget.
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NewsCarlsberg takeover of Britvic given go-ahead by competition watchdog
The CMA announced in September it was to open an investigation into the deal
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NewsCity snapshot: Walkers’ revenue jumps despite volume struggles
Walkers Crisps has lost more sales this year after average prices increased 4.1%, according to The Grocer’s Top Products survey.
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Comment & OpinionKellogg’s TV ad starring Cornelius the giant green cockerel is no joke
Cereal giant Kellogg’s has splashed £12m on a bold marketing campaign, featuring a modern reinvention of its 66-year-old mascot
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NewsCook in ‘strong position’ despite ‘tricky’ market and ‘serious’ gas leaks
Cook’s total carbon emissions footprint nearly doubled after “serious” gas leaks from “ageing” fridges in some of its manufacturing facilities
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NewsBerry Bros & Rudd sees sales and profits slide on ‘turbulent’ year
A ’challenging year’ in the US was partly to blame for the results
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NewsCity snapshot: Manufacturing mood darkens over ‘cost crisis’
Confidence among manufacturers has fallen at its sharpest rate since the pandemic as businesses face up to a looming ‘cost crisis’.
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RankingsCarbonates & energy drinks 2024: Prime sales slump £63m
“We had a really good run, but it tanked at the start of 2024. So, we’ve delisted it,” says one Nisa retailer. “It was a novelty item”
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NewsChapel Down shares are fizzing as new CEO appointed
James Pennefather will take the reins of the group on 1 February, stepping into the role vacated by Andrew Carter who is heading to Yorkshire family brewer Timothy Taylor
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Analysis & FeaturesWhat challenges will farm shops and delis face in 2025?
Leading retailers, wholesalers and producers reveal the biggest challenges for independent food and drink in the coming year
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NewsCity snapshot: Consumer confidence hits four-month high ahead of Christmas
Consumer confidence has bounced back after recovering from pre-Budget jitters to hit a to a four-month high ahead of the festive period, according to a closely watched monthly survey. Plus, English wine producer Chapel Down has appointed a new CEO
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NewsMedia Bites 13 December: food insecurity, domestic food production, panettone
The proportion of households considered “highly food secure” fell from 87% in 2019-20 to 83% in 2022-23
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Comment & OpinionWhy soft drinks titan Roger White is a ‘significant coup’ for C&C Group
White is a vastly experienced CEO with plenty of gas in the tank. His hire looks like another step in the right direction for C&C Group
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NewsCookaway smashes £500k crowdfunding target
Cookaway is launching larder kits of specialist dry ingredients themed around Greek, Malaysian, Indian, Japanese and Spanish cuisine in Ocado in 2025
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NewsHershey sale ‘unlikely’ as Mondelez approach rebuffed
Analysts have poured cold water on the chances of Mondelez securing a blockbuster takeover of rival chocolate maker Hershey
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Comment & OpinionWhy the government must prioritise tax relief for retailers’ charitable donations
VAT on charity donations means it can cost more for retailers to donate their unsold goods than to throw them away. Zoë Colosimo, Neighbourly COO, calls on retailers to be part of the change
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NewsKroger’s $25bn takeover of Albertsons collapses over regulatory objections
Kroger’s $25bn North American grocery mega-merger with Albertsons has been called off after Albertsons terminated the merger and vowed to sue its larger contemporary
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NewsFormer AG Barr CEO Roger White appointed boss at C&C Group
White had previously indicated he was to reitre after leaving AG Barr
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NewsMedia Bites 12 December: Boots sale, Krispy Kreme hack, Post Office scandal
The nationals report on Boots’ potential sale overnight, a cyberattack impacting Krispy Kreme’s online orders and the ongoing Post Office investigation