All Finance articles – Page 309
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Comment & Opinion
DRS ‘nightmare’ is just the start when it comes to Brexit chaos
Just as there’s a power vacuum at Defra, plan to include glass have sparked uproar from retailers and raised serious questions about the future of DRS in the UK
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News
Government plans for ‘all-in’ deposit return scheme branded ‘total nightmare’
Yesterday (10 September) the Scottish government published draft legislation for a national rollout from 1 April 2021
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News
Halo Top sold to US ice cream giant Wells Enterprises
The Eden Creamery ice cream brand was snapped up for an undisclosed amount, with the deal expected to complete this month
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News
3D printed vegan meat a step closer after startup wins $6m investment
Israel-based Redefine Meat aims to create industrial-level 3D printing machines for use across the food sector
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News
City snapshot: UK shop closures surge to record levels
Heightened restructuring activity has seen the half-year net reduction in stores on Britain’s high streets hit record levels according to research by the Local Data Company and PwC.
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News
Media Bites 11 Sep: Shop Closures, Allan Leighton, Hilton Food Group
Figures from PwC and the Local Data Company show the number of shop closures has reached a record high.
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News
Strong Roots secures £15m investment to fund US expansion
The supplier of frozen plant-based burgers and sides plans to use the cash to accelerate household penetration in the UK and its native Irish market, as well as continuing its push into the US
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News
Hilton Food Group posts double-digit first half profits rise
Hilton Food Group has reported a 10.6% jump in first half pre-tax profits, boosted by growth in UK meat and its Seachill seafood business.
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News
Media Bites 10 Sep: Duty free shopping, no-deal Brexit, ABF
The booze cruise could be poised to make a comeback if the UK crashes out of the European Union.
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News
Snaffling Pig to seek cash for wider pork market expansion
Ahead of launching publicly, the campaign had already secured 60% of its target from 327 private investors
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News
Asda Altrincham site sold for £22m in ‘signal of confidence in supermarket property’
Avison Young, who advised on the deal for buyer Greater Manchester Pension Fund, described the site as a “defence stock”
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News
Kellogg’s lines up UK launch for Incogmeato plant-based brand
The soy-based products were unveiled last week in the US
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News
Sugar woes dampen ABF’s grocery and Primark growth
Associated British Foods has issued a pre-close trading update, forecasting that earnings will be in line with last year as profit growth in its grocery and Primark businesses was offset by the continued struggles of AB Sugar.
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News
Media Bites 9 Sep: Morrisons, John Lewis/Waitrose, Sainsbury’s
Morrisons is set to reveal a dip in sales as supermarkets continue to grapple with the challenge posed by Aldi and Lidl while drawing up plans for a no-deal Brexit.
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News
Retail footfall drops amid continued Brexit uncertainty
Retail footfall continued its downward trend in August amid weakening consumer confidence and Brexit uncertainty
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News
Spirits maker Asterley Bros seeks funding for NPD and retail expansion
Asterley Bros has launched a crowdfunding campaign to secure investment to boost capacity, develop new products and launch into retail
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News
Greencore acquisition and trading momentum impresses City
After its humbling retreat from the US earlier this year, the City is looking more favourably on Greencore again, encouraged by strategic acquisitions and improved trading momentum.
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News
Hesper Farm secures investment to pursue national listings
The Yorkshire-based business launched what it claimed to be the first Icelandic-style skyr yoghurt made in the UK from British milk in 2015
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News
Premier Foods tipped to seek asset sales
The new management team at Premier Foods will be tasked with overseeing a sell-off of its key brands according to City sources, as the listed food group’s strategy shifts to generating shareholder returns through disposals.
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News
Quinoa specialist Quinola Mothergrain looks to raise £1.5m
Ready-to-eat quinoa products specialist Quinola Mothergrain is hoping to raise £1.5m to expand listings and boost its international growth.