All Finance articles – Page 30
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NewsCity snapshot: Britvic rejects £3.1bn Carlsberg takeover bid
Soft drinks player Britvic has announced it has rejected two takeover approaches from brewing giant Carlsberg
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NewsMedia Bites 21 June: Tate & Lyle, Ocado, Sainsbury’s
In a packed morning in the papers, a major deal by Tate & Lyle and a share price crash for Ocado make headlines
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NewsFuel10k founder Barney Mauleverer launches £10k Future of Food competition
The fmcg entrepreneur said the Future of Food event planned for November would be a cross between Dragons’ Den, TedX Talks and the Model UN
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NewsWho Gives a Crap sees profits rise on demand for sustainable range
Profits have soared at Who Gives a Crap as a growing number of environmentally conscious consumers opt to switch toilet paper for more sustainable alternatives
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NewsCity snapshot: Sainsbury’s sells banking arm to NatWest
Sainsbury’s has a agreed a deal to sell its core banking operations to NatWest to significantly scale down its presence in the financial services sector. Plus, Tate & Lyle agrees £1.4bn acquistion and full year results from DS Smith
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NewsMedia Bites 20 June: Young’s, inflation, Amazon
Soaring demand for Guinness helped pub group Young’s to a record full-year profit, as cool weather shifted Britons’ drinking tastes
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NewsCity snapshot: UK inflation back at 2% as food prices fall
UK CPI inflation was back to the Bank of England target of 2% in May, as food prices fell back during the month compared to a rapid price rise a year ago
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NewsMedia Bites 19 June: Asda/grocery market share, McDonald’s, China/EU
Asda has suffered a fresh slump in sales, new figures reveal, as the heavily indebted supermarket struggles to compete against its rivals
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Category ReportCheese trends 2024: Battle of the heavyweights
The big cheese brands are back in growth and fighting for consumer attention. Who will win, and where does this leave smaller producers?
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NewsCity snapshot: Grocery growth slumps amid wet weather and falling inflation
Take-home grocery sales rose by just 1% over the four weeks to 9 June 2024, marking the slowest increase since June 2022, as poor weather and falling inflation hit supermarket sales
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NewsMedia Bites 18 June: shoplifting, royal warrants, James Watt
John Lewis and Waitrose have said “greed not need” is driving record levels of shoplifting
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NewsThis gains £20m backing to accelerate meat alternatives growth
UK plant-based food company This has received investment worth £20m to accelerate its UK growth and expand its meat alternative product range
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NewsCity snapshot: Vegan supplier This recalls product over e.coli fears
Vegan supplier This has become the third sandwich manufacturer to withdraw products due to possible contamination
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NewsMedia Bites 17 June: Tesco, E. coli outbreak, Morrisons
Tesco continued to win market share and grow volumes in the first quarter, leaving the grocery giant on target to hit its full-year sales target of £70bn
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NewsCity News: C&C Group shares crash amid departure of CEO
Troubled C&C Group saw a further share price fall on the news its CEO has stepped down and a huge €125m writedown of its Magners cider brand
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NewsPladis reports record revenues as share gains boost trading
The owner of McVitie’s saw a £127m jump in sales last year as price increases and branded market share gains boosted trading
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NewsCity snapshot: Tesco continues to grow UK grocery market share and volumes
Tesco has announced another ‘strong’ quarterly performance ahead of its AGM today, with UK market share gains and strengthening volumes
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NewsMedia Bites 14 June: Labour manifesto, Brexit, Fuller’s
The release of Labour’s manifesto is the main news in this morning’s papers
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NewsShareAction calls on Tesco to justify Ken Murphy’s £10m pay package
Murphy’s pay more than doubled last year, despite his fixed pay falling from £1.7m to £1.6m, with a bonus of £3.38m and shares worth £9.91m
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NewsDirtea partners with Bear Grylls to get mushrooms to the masses
Dirtea has received a seven-figure investment from Bear Grylls as part of a new partnership, with the television presenter and adventurer becoming a global ambassador for the functional mushroom challenger brand