All Finance articles – Page 233
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NewsMedia Bites 5 May: Bounce back loans, Adelie, Food deliveries
Almost 110k small firms applied for the government’s Bounce Back loan scheme on the day it opened, Adelie in talks for rescue deal and food deliveries fail vulnerable groups
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Comment and OpinionHow will coronavirus change the way we shop for groceries long-term?
This crisis has changed shopper behaviour drastically – changes that could be here to stay, says Matt Lee, MD at Capture
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NewsOnline supermarket deliveries increase lunchtime share, Channel Pulse survey shows
Consumers are also expecting to make greater use of takeaway and delivery options
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NewsMisty Reich joins Gousto board to advise on workforce growth
The appointment follows a £33m fundraising round at Gousto to fuel its rapid expansion
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Comment and OpinionAmazon-Deliveroo risks clearing the way for a feeding frenzy of failing firms
The CMA is allowing Amazon’s investment in Deliveroo to keep the food courier firm afloat – but it could set a dangerous precedent
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NewsCity snapshot: Hotel Chocolat suffers trading hit from Easter closures
Hotel Chocolat has suffered a “material” impact on trading after being forced to close all retail stores ahead of Easter, the second largest seasonal peak for the business.
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NewsMedia Bites 4 May: Business confidence, Government aid, McDonald’s
Business leaders have suffered a record drop in confidence during the pandemic and fear the economic recovery will be slow.
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NewsMindful Chef seeks £25m in fundraise as sales soar
Mindful Chef is seeking £25m in a new fundraising round as private equity investors, blue-chip conglomerates and retailers clamour to own a piece of the fast-growing farm-to-fork recipe box brand.
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NewsSainsbury’s not yet ‘in the money’ despite coronavirus sales uplift
Mike Coupe’s final results as Sainsbury’s boss firmly dispelled any notion the supermarket is finally “in the money” as a result of the coronavirus-induced grocery sales surge.
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NewsVegan ice cream brand Perfect World turns to the crowd to fund expansion
The startup hit Seedrs this week looking to raise a minimum of £75k
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NewsDelistings have hit a third of suppliers since crisis hit UK
Asked if any retailer had behaved in a way contrary to GSCOP in the past five weeks, 31% of the 40 suppliers to respond said yes
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NewsCity snapshot: Mindful Chef launches £25m fundraising round
Mindful Chef is seeking £25m in a new fundraising round as private equity investors, blue-chip conglomerates and retailers clamour to own a piece of the fast-growing recipe box brand
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NewsMedia Bites 1 May: Sainsbury’s, Amazon, Reckitt Benckiser
Sainsbury’s boss Mike Coupe has warned that long queues could be here to stay for months as the grocer said it expects profits to take a £500m hit from coronavirus.
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NewsEast London Liquor Co buys RTD startup Longflint Drinks
Longflint co-founder James Law has joined the board of East London Liquor Co with the deal
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NewsPosh crisps maker Kettle slashes losses ahead of sale to Valeo
Premium crisps manufacturer Kettle Foods has cut its losses by over 85% in the year ahead of its sale to Irish food giant Valeo
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NewsFormer Genesis Crafty boss McErlain opens £1m Bertie’s Bakery
The 15,000 sq ft site in Creagh will produce 12 ranges of freshly baked goods…
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Comment and OpinionBy tying landlords’ hands, the government has stored up a crisis for retail
The government should look closely at a ‘furloughed space grant scheme’
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NewsSupermarkets hike egg prices amid shortages and soaring demand
Volume sales were up almost 18% earlier this month, while supplies have also been affected by an avian flu outbreak
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NewsSainsbury’s optimistic profits will hold despite £500m coronavirus hit
CEO Mike Coupe has presented a positive forecast for the 2020/21 financial year
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NewsDeliveroo to make over 300 roles redundant
The cuts are being made across the 13 markets Deliveroo operates in