All Finance articles – Page 254
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NewsMedia Bites Jun 5: Chlorinated chicken, Consumer spending, BoE
The UK leaves the door open to imports of chlorinated chicken, consumer spending remains muted despite lockdown easing and big firms tap the BoE for £16.2bn
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NewsProfits rise at Fullers Foods as it maintains supply through coronavirus crisis
Frozen specialist Fullers Foods has remained “fully operational” during the coronavirus crisis as it posted a jump in full-year profits.
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NewsCity snapshot: Greencore rescue package for Adelie scuppered by competition concerns
Competition concerns scuppered a rescue deal for the UK’s third-largest sandwich maker Adelie Foods resulting in its collapse and the loss of almost 2,200 jobs.
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Analysis & FeaturesDoes new UK tariff policy mean cheaper sugar?
The UK’s new tariff policy is due to come into effect on 1 January, here’s what it means for the sugar industry
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NewsHike in demand prompts Pure Pet Food to increase production
The brand has taken on a new 14,000 sq ft manufacturing facility in Cleckheaton, Yorkshire
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NewsCoronavirus deals heavy blow to English and Welsh winemakers
Two-thirds of English and Welsh wine makers are battling cashflow concerns as a result of the coronavirus crisis
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NewsCity snapshot: Fever-Tree reports off-trade sales surge amid wider lockdown hit
Fever-Tree has experienced a jump in off-trade sales during the coronavirus shutdown, but has warned the closure of bars and restaurants across its key markets will have a “material impact” on full-year trading
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NewsMedia Bites 4 Jun: M&S, SSP Group, Food Workers
M&S cappes top executives bonuses and SSP begs investors to reinvest dividend into the business to preserve cash
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NewsStrong avocado demand boosts Greencell annual sales
The company’s revenues rose by £9m as a result of volume growth in its retail business
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NewsAlcoholic tea startup Noveltea smashes £150k crowdfunding target
The premium low-abv alcoholic tea brand will use the funds to launch in the US later this year and improve sales in its current markets
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NewsTesco to continue expansion of discounter Jack’s estate
The retailer’s latest Jack’s incarnation is set to take over a vacant Mothercare store in Hull
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NewsBibby Line Group names Sir Michael Bibby as new chairman
Bibby takes over on 19 June when the current chairman Paul Drechsler leaves the group after five years
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NewsCity snapshot: SSP swings to interim loss as coronavirus hits
SSP Group has swung to an interim loss as the coronavirus pandemic “heavily impacted” its trading, while announcing a call for investors to reinvest the dividend payment by buying new shares in the company.
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NewsMedia Bites 3 June: Shop prices, Tesco, Government loans
Shop prices fell last month at their fastest rate in 14 years as retailers made cuts to shift stock and grocers were forced to compete with home-grown produce.
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NewsBusinesses claim £31.3bn of government-backed emergency coronavirus funding
Lenders have approved over £31.3bn in funding through government-backed coronavirus schemes, according to new figures from the Treasury
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Comment & OpinionBumper exec pay packets are a PR disaster in the Covid-19 era
The latest revolts over board pay mark a growing swell of negative feeling towards bumper bonuses and perks
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NewsTesco CFO Alan Stewart to step down
Tesco has announced that its chief financial officer Alan Stewart will retire and leave the company next year.
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NewsMedia Bites 2 Jun: ABF/Primark, Sainsbury’s, Insurance
Associates British Foods has announced it will reopen all its UK stores from 15 June, Sainsbury’s new CEO makes changes at the top and insurers go to court over coronavirus payments
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NewsCouncils to benefit from £50m fund to help reopen high streets
The cash from the European Regional Development Fund will go to councils to spend on practical measures such as new street signs and markings
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NewsAdelie Foods ceases trading as rescue talks fail
The UK’s third-largest sandwich maker has permanently ceased trading after its administrator was unable to secure a swift rescue package