All Finance articles – Page 24
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Analysis & FeaturesAs inflation recedes, has the tide turned on discounter growth?
New figures show Aldi is now in negative growth, and variety discounters that once were riding high are also going backwards
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NewsCity snapshot: Drivers still paying too much at the pumps as high fuel prices cost motorist £1.6bn in 2023 - CMA
Fuel margins at supermarkets are double what they were in 2019, according to the competition watchdog
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NewsMedia Bites 26 July: Unilever, John Lewis, THG, BAT
Unilever’s first-half results get plenty of pick up in today’s papers
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NewsOatly upgrades growth forecasts as it makes ‘solid progress’
Revenues in the second quarter nudged up 3.2% to $202.2m, with “solid” volume growth in each of its divisions
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NewsWhitworths returns to pre-tax profit as sales boom
Whitworths is looking ahead to “an exciting year” after the dried fruit and nuts brand bounced back into the black on the back of double-digit sales growth
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NewsCity News: Unilever shares soar as turnaround picks up pace
Investors ignored missed sales forecast at Unilever in favour of big beats to margin improvement targets to send shares at the Hellmann’s and Magnum supplier soaring to the top of the FTSE 100 on Thursday
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NewsCity snapshot: Unilever misses Q2 sales targets but makes profitability progress
Unilever has missed growth expectations in its second quarter as prices softened and CEO Hein Schumacher continued with a turnaround plan. Plus, half-year results from Nestlé and British American Tobacco, a full-year trading update from Virgin Wines and a Q1 update from Tate & Lyle
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NewsMedia Bites 25 July: Reckitt Benckiser, shoplifting, UPFs
Reckitt’s major overhaul and new shoplifting figures make headlines this morning
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NewsPepsiCo invests £13m into ‘extensive upgrade’ of Doritos site
Work to install a new manufacturing line will commence in August
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NewsEurope Snacks set for new PE ownership as One Rock finalises acquisition
The own-label crisps manufacturer is close to changing hands after its current private equity owner kicked off a sale process earlier this year
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NewsNichols open to ‘sensible’ functional drinks M&A, CEO says
The Vimto owner has its eye on emerging soft drinks trends
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NewsCity snapshot: Reckitt unveils brand sell-off to simplify operations
Reckitt Benckiser is offloading its portfolio of homecare cleaning brands and the embattled baby formula business to focus on its stable of power brands in health and hygiene. Plus, the latest NIQ supermarket sales figures, first-half results from Nichols and a Q3 update from Greencore
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NewsMedia Bites 24 July: growers, Reckitt, ice cream, Sainsbury’s
The papers take a look at the threat to British berry growers, calls for Reckitt to sell its nutrition division, rising ice cream prices and investing in Sainsburry’s
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Comment & OpinionFearmongering or reality: is a cashless society inevitable?
This is how anti-cashless campaigners have been summarising the major IT meltdown of last week
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NewsMacallan Food Group launches with maiden deals in Scottish meat industry
Macallan Food Group – headed up by Bill Hazeldean and Stewart McLelland – has taken a controlling interest in Scottish meat supplier Malcom Allan and haggis and black pudding manufacturer Macsween of Edinburgh
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NewsMaison Ferrand acquires Identity Drinks to cement UK foothold
The family-owned company behind Ferrand Cognac, Planteray Rum and Citadelle Gin picked up a 60% stake in Identity Drinks in 2017
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NewsWhitebox Cocktails returns to the crowd for £200k top-up
Whitebox Cocktails has returned to the crowd to raise further investment as the RTD brand seeks to increase its retail exposure and expand overseas
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NewsFears of ‘flood’ of Australian red meat to UK unfounded
One year into the controversial free trade agreement, fears over the UK market being flooded with Australian beef and lamb have been overstated
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NewsCity snapshot: Lindt warns of further price hikes as cost of cocoa remains at record heights
Lindt & Sprüngli Group has achieved “robust” sales and profits growth in a “successful” first half of 2024, but the Swiss chocolatier warned of ongoing challenges caused by record high cocoa prices. Plus, trading update from Eagle Eye and Compass Group
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NewsMedia Bites 23 July: Gusbourne, Ocado
Gusbourne is the latest winery up for sale and Ocado strengthens partnership with Kroger