All Finance articles – Page 26
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News
Botivo raises £900k to scale 0% botanical drink
Non-alcoholic aperitivo startup Botivo has closed a six-figure funding round to support UK and international expansion
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City snapshot: Global shift to online grocery resumes as Ocado cuts losses
Online grocer Ocado has almost halved its first-half losses amid a double-digit increase in revenues as the ‘global channel shift to online has now resumed’
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Media Bites 16 July: Ocado, Brexit
Investors in Ocado suffered fresh losses as City analysts questioned whether the online grocer should remain a listed company
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Media Bites 15 July: Unilever, Tesco, Hotel Chocolat
Unilever is planning to cut up to 3,200 office jobs in Europe as its new chief executive presses ahead with drastic restructuring
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News
City snapshot: Tesco eyes another £1bn in Finest sales
Tesco is aiming to boost sales of its upmarket Finest own label range by an extra £1bn as it targets winning customers from Waitrose and Marks & Spencer
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City news: SSP Group shares boosted by positive momentum
SSP Group shares received a double-digit boost this week after its third quarter trading was boosted by fewer railway strikes in the UK and improved consumer sentiment.
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News
Noble Foods delivers rise in core profits
Happy Eggs producer Noble Foods Group saw headline losses increase last year, but sales and underlying profitability improved despite “challenging” conditions
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City snapshot: Activist investor Oasis Management ups stake in Greencore
Activist investor Oasis Management has become Greencore’s largest shareholder, a report in the Financial Times notes, adding pressure on the group to accelerate turnaround plans
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Media Bites 12 July: Poundland/Pepco, Greencore, UK economy
Poundland owner Pepco said sales were hit as disruption in the Red Sea delayed its summer stock getting to stores
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Coffee prices to soar to new heights, Lavazza warns
Coffee prices are on course to rise further from current record highs as poor harvests, supply chain disruptions and new EU deforestation regulations continue to hammer roasters, Italian group Lavazza warned
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News
Waitrose ‘in talks’ with British Corner Shop to potentially rekindle relationship
Waitrose was BCS’s main retail partner before the online grocer joined forces with M&S in 2021
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Interviews
Meet the cousins behind the revival of British Corner Shop
‘Slow and steady wins the race’ is the mantra of the BCS’s new owners. So how will they revive the beloved, yet troubled, online grocer?
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City snapshot: Poundland like-for-like sales decline on supply chain issues
Poundland owner Pepco Group has posted a drop in like-for-like sales in its third quarter, amid a sharp drop in organic sales at Poundland
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Media Bites 11 July: SSP, Wetherspoons, Body Shop
A good day for SSP and Wetherspoons chairman Tim Martin calling for chancellor Rachel Reeves to slash taxes make the papers today
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News
Crowdfunding platform Seedrs rebrands as Republic Europe
Crowdfunding platform Seedrs has rebranded as Republic Europe following a takeover by a US-based financial technology firm
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News
OSY Group scores further Innovate UK backing for shelf life extending tech
Food tech firm OSY Group has received a five-figure grant to accelerate growth for its flagship technology to increase the shelf life of fresh produce
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News
French baker secures UK presence with takeover at Village Bakery
M&S bread supplier Village Bakery has been acquired by French family bakery group Menissez
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News
Holland & Barrett transformation boosts revenues but drags on profitability
Holland & Barrett has boosted revenues by £81m as an ongoing transformation plan attracted more customers to its stores, but losses at the health and wellness retailer widened
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News
JimJams raises £300k to target expansion in foodservice and out-of-home
Chocolate spreads challenger JimJams has secured six-figure backing to support the next stage of growth as it expands its reach into the foodservice channel
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News
City snapshot: SSP Group on track as reduced industrial action helps lift Q3 sales
The Upper Crust operator said in a trading update that it had started the second half of its financial year “well”, with positive momentum from the first six months continuing in Q3