All Finance articles – Page 325
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News
'Huge win' for Asda workers in equal pay dispute
Lawyers taking action against Asda said the judgment was a major step forward in the fair pay battle
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News
Jason Richards named as new PepsiCo UK general manager
The PepsiCo veteran will replace Ian Ellington, who has been appointed to a new position in Europe & Sub-Saharan Africa
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City snapshot: Unilever's underlying annual sales rise 3.1%
Unilever has posted underlying annual sales growth of 3.1% despite “challenging” market conditions. Plus, Diageo first half sales up 5.8%, Stock Spirits buys Italy’s Distillerie Franciacorta and the rest of the latest news from the City.
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News
Media Bites 31 Jan: Graze, Patisserie Valerie, High Street closures
Anglo-Dutch consumer goods giant Unilever is leading a pack of bidders for Graze amid transatlantic interest in a takeover of the snack-food brand.
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News
Shop prices rise at highest rate in almost six years
Shop prices in January jumped at the highest rate in almost six years despite post-Christmas discounts, data from the British Retail Consortium (BRC) suggests.
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Media Bites 30 Jan: Patisserie Valerie, Tesco, Price inflation
The PE firm that rescued Little Chef from collapse is among the front runners in the race to acquire most of the remaining Patisserie Valerie business
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News
Jobs at risk as Oddbins prepares to appoint administrators
The wine merchants is preparing to enter administration for the second time in eight years
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News
Crediton Dairy invests £12m to increase processing capacity
The investment at Crediton’s headquarters will see it build a second production hall containing two new high-speed fillers
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News
Food to go drives 5.8% organic first quarter uplift for Greencore
Sandwich giant Greencore has posted a 5.8% rise in first quarter like for like sales.
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Media Bites 29 Jan: No-deal Brexit, Tesco, Oddbins
A no-deal Brexit threatens the UK’s food security and will lead to higher prices and empty shelves in the short-term, retailers are warning.
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Comment and Opinion
Tesco’s counter-cutting move is ruthless but right for the business
Tesco admits at least 4,500 staff are expected to leave the business in the latest in a seemingly never-ending round of cuts
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News
Profits grow at Young’s Seafood as sale process stalls
EBITDA jumped 13.3% to £23m in the full year to 30 September 2018
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News
Patisserie Valerie rescue talks planned for next week
Administrators for Patisserie Valerie and the chain’s management team are expected to meet potential bidders next week in a bid to strike a rescue deal for the collapsed cake retailer.
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Supermarkets warn of chaos and empty shelves threat from no-deal Brexit
The letter signed by supermarket chiefs said without a deal ‘millions’ of UK consumers would suffer
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Tesco confirms major restructure plans to staff
The UK’s biggest retailer is thought to be planning an overhaul of its fresh food counters and bakeries
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City snapshot: Tesco reportedly to 'cut up to 15,000 jobs' by axing fresh food roles
Tesco to embark on a fresh round of cost-cutting, Ocado and M&S in secret talks and the rest of the news from the City
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News
Media Bites 28 Jan: Tesco, Ocado/M&S, Patisserie Valerie
Tesco could axe up to 15,000 jobs in a cull that is expected to put some of its meat, fish and delicatessen counters in the firing line.
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Comment and Opinion
'Business as usual' as buyer sought for Patisserie Valerie
An “avalanche of names” have expressed an interest in collapsed cake specialist Patisserie Valerie
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Comment and Opinion
Brand investment pushes Higgidy to annual loss
Premium pie maker Higgidy has fallen to a pre-tax loss as investment into its brand and new products hit its bottom line.
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News
Samworth Brothers to close Kensey Foods dessert business
The proposed closure of the Launceston-based factory has put 650 jobs at risk