All Finance articles – Page 3
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News
Morrisons closes fresh counters, stores and cafés, putting 365 jobs at risk
Morrisons cuts hundreds of jobs as cafès, market kitchens, convenience stores, fresh counters, florists and pharmacies close for good
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News
City snapshot: Wetherspoons shares trading at two-year low after profit hit
Its share price fell over 9% after it released half-year results, bringing its total fall to over 11% since the start of the year
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Analysis & Features
Exclusive: Allan Leighton’s plans to turn ‘maverick’ Asda around
Allan Leighton has ‘loved every minute’ since returning to Asda. And his comeback is already having an impact internally – and externally. In an exclusive interview with The Grocer, he reflects on the progress to date and the plans that are taking shape
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News
City snapshot: Consumer confidence remains fragile ahead of spring budget
Consumer confidence has made a marginal improvement ahead of next week’s spring budget but there were no signs of any real recovery, according to a closely watched survey out this morning
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News
Media Bites 21 March: interest rates, high street taxes and The Vegetarian Butcher
The papers have been focusing on BoE interest rates, UK high street taxes and Unilever’s offloading of The Vegetarian Butcher
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News
Unilever to sell The Vegetarian Butcher brand to Vivera
Unilever has agreed to sell The Vegetarian Butcher to Vivera for an undisclosed sum
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News
Something & Nothing raises £2m more to accelerate US expansion
The brand raised £1.5m three years ago to try and establish its presence in the US
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News
Cranswick raises medium-term profit target amid strong meat demand
Cranswick’s share price hit a record high in September after raising its profit forecast for the year
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News
Ready meal startup Field Doctor fundraises for B2B move
Field Doctor would not reveal the exact size of the investment, which came from Perfect Redd and the South West Investment Fund
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News
Media Bites 20 March: interest rates, budget impacts, Ben & Jerry’s
The Bank of England is expected to keep interest rates on hold at a rate of 4.5% when the Monetary Policy Committee makes its announcement today
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Analysis & Features
What a mega-merger would do for Bakkavor, Greencore and own label
Will Bakkavor founders sell to Greencore, what are the benefits of the proposed mega-merger - and would the CMA clear it?
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News
Farm shops & delis outline ‘challenging’ climate in new review
Rising costs and falling consumer spending have been flagged as the biggest challenges
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News
City snapshot: Pfizer completes £2.5bn Haleon exit
Pfizer still owns about 7.3% of the company, making it the largest shareholder. GSK sold its remaining stake in May last year
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Analysis & Features
How crowdfunders are falling out of love with fmcg startups
With conventional finance increasingly hard to come by, food and drink challenger brands are more reliant than ever on crowdfunding. Are they abusing the relationship?
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News
When in Rome crowdfunds once again to fund ‘pioneering’ wine tech
Sustainable wine startup When in Rome has returned to the crowd as it looks to fund a lower alcohol range and deploy “pioneering” climate technology on its vineyards
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News
Inspired Pet Nutrition confident after transformative Butcher’s deal despite widening losses
Losses have widened at Inspired Pet Nutrition ahead of the transformative acquisition by the private equity-owned petfood group of Butcher’s Pet Care
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News
City snapshot: Supermarket shares take £4bn hit over Asda price war fears
The value of Tesco, Sainsbury’s and Marks & Spencer has plummeted by more than £4bn since Friday amid fears Asda will launch a vicious price war to win back customers
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Comment & Opinion
What Yeo Valley buying The Collective means for UK yoghurt
Yoghurt giant Yeo Valley bought rival brand The Collective in a surprise move last week – but why did it happen in the first place?
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News
PepsiCo acquires gut health soda brand Poppi for $2bn
PepsiCo said the brand’s ‘consumer-first approach, cultural cache and nutritional profile’ had ‘nurtured a loyal fanbase and driven rapid growth’
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News
Cheesegeek sold in pre-pack administration deal as backer Steven Bartlett loses out
Artisan online cheesemonger Cheesegeek has been rescued from administration by the Albex Group, The Grocer can reveal. However, the pre-pack deal means Steven Bartlett and other backers, including the crowd, won’t see a return on their investment