All Finance articles – Page 294
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News
McCain set to cut 230 jobs following review of UK business
A spokesperson for the business said the decision had been made “after an extensive review of current and future requirements”
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News
Rising prices and exports drives sales growth at Cranswick
Pork giant Cranswick has made a “positive start to the year”, with the first half sales up year-on-year amid strong performance in the domestic market and rising exports.
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Greencore profits rise after ‘fundamental reset’
Convenience foods specialist Greencore has posted an improvement in underlying sales and profits after “fundamental reset” of the business following its exit from the US.
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Media Bites 26 Nov: Just Eat, Retail sales, Unilever
A suitor for Just Eat has attacked a rival bid as “wholly inadequate” and an attempt to buy the British delivery company “on the cheap”
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News
Waitrose shelves open kitchen concept in most trial stores
The Kitchens at its Twyford, Chandler’s Ford and Barbican stores were quietly removed last year
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News
Fever-Tree investors reassured despite UK slowdown
City darling Fever-Tree is unaccustomed to missing market expectations, but last week it was forced to release a profits warning as its UK growth came to a shuddering halt.
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News
Cake Box revenues soar 6% on new openings and higher demand
Cake Box Holding, the specialist retailer of fresh cream cakes, saw revenues rise 6% in the first six months of the year on the back of new store openings and increased demand
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Media Bites 25 Nov: Unilever, M&S, chickens, Poultry
Unilever has said it is mulling a sale of its traditional tea business amid falling sales and changing consumer tastes.
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News
Katjes International takes majority stake in Candy Kittens
Global confectionery group Katjes International has grown its stake in UK sweets brand Candy Kittens take a majority share in the company.
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News
Grocemania launches further funding push to fuel expansion beyond London
The company has pledged £50k secured by a private investor into the campaign
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Comment & Opinion
What would Labour’s manifesto pledges mean for food and drink?
The aftershocks of Jeremy Corbyn’s spending plans are still reverberating
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News
Innis & Gunn in crowdfunding push to build new large-scale brewery
The Scottish craft brewer is seeking £3m to build its first large-scale brewery in Edinburgh
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News
Caterforce announces plans to increase turnover by 12% by 2021
The group is forecasting revenue of £537m for 2019, up from £524m the previous year
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Analysis & Features
Why is Australia demanding compensation from the UK over Brexit?
Australia, New Zealand and a host of other non-EU countries want compensation for Brexit-related trade disruption
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News
Babease saved by pre-pack rescue deal from owner Amitis
The babyfood maker appointed insolvency specialist FRP Advisory as administrator on Thursday (21 November)
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News
City Snapshot: Science in Sport raises annual sales forecast as PhD growth doubles
Premium performance nutrition company Science in Sport has hailed 2019 as a year of “rapid progress”, as it expects revenue growth to be “slightly ahead” of market expectations
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News
Media Bites 22 Nov: Naked Wines, Ocado, Cigarette imports
Naked Wines founder and CEO Rowan Gormley shocked investors by announcing he will leave the business early next year, Ocado becomes technology business first and cigarettes imports drop.
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News
Naked founder Rowan Gormley to step down as losses mount
The founder of Naked Wines shocked the City on Thursday by stepping down, as the online retailer’s losses continue to mount
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News
BrewDog to repay investors in cash and beer in latest bond issue
BrewDog has returned to the crowd to raise up to £15m via bond issue, with interest to be paid in cash and beer
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News
Claims Scotland’s DRS could cause cross-border fraud rejected
Scottish environment secretary Roseanna Cunningham told MSPs the fear was a myth propogated by opponents of the scheme