All Finance articles – Page 33
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NewsRude Health bought by Finland’s Oddlygood
The terms are undisclosed but Rude Health was valued at over £70m in 2020
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Comment & OpinionBudget must prioritise food to deliver real change
Food is a vital part of our national infrastructure, says Sarah Bradbury, CEO of IGD
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NewsMedia Bites 29 October: shop prices, Chinese coffee, in-flight meals
Shop prices have fallen at their fastest pace in over three years, as a fresh cut in interest rates is expected
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NewsCity snapshot: Profit rebuild on track at C&C Group despite poor summer hurting cider sales
C&C Group has delivered profits in line with expectations in the first half despite a washout summer driving down cider sales. Plus, the latest BRC shop price inflation data and full-year results from Ultimate Products
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NewsArtah Nutrition raises £3m to fuel growth in supplements
Rhian Stephenson founded the business in 2021 with a goal of helping customers feel and live better through clinical-grade food supplements and nutrition programmes
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NewsMedia Bites 28 October: Christmas, JLP, Neal’s Yard Dairy
Catch up with all the news from the weekend’s papers
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NewsCity snapshot: Lidl agrees £70m real estate deal to forward fund 12 stores
Lidl has signed an agreement to sell 12 stores under construction to Roadside Real Estate for £70m. Plus, JLP is recruiting a record 12,500 temporary roles across the country over the Christmas period
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NewsChapel Down downgrades sales guidance and takes itself off the market
The winemaker now expects sales to decline in FY24
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NewsCity snapshot: Consumers ‘despondent’ ahead of Labour’s first Budget
Confidence had been returning but has now fallen for three months in a row, according to GfK’s monthly index. Plus, Remy Cointreau downgrades guidances after sales fall 16% in the first half of the year.
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Analysis & FeaturesHow can new Nestlé chief Laurent Freixe get the company back on track?
Freixe has announced sweeping operational changes, and is planning to set more ‘realistic’ targets as consumers around the world turn towards value-driven alternatives to brands
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NewsJLM Global Foods seeks rescue deal as administration looms
The Grocer understands a pre-pack deal is potentially close to being secured
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NewsMedia Bites 24 October: Disposable vape ban, inflation, online retail tax, the budget
The government has confirmed a ban on disposable vapes will come into force on 1 June
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NewsCity snapshot: Unilever’s shares rise after beating expectations
Unilever and Danone both beat third-quarter sales expectations thanks to selling more products. Also, Kerry Foods continues to battle deflation, and Applied Nutrition announces its valuation before the IPO on Thursday
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NewsCoca-Cola exceeds quarterly expectations due to higher prices
The drinks giant got a boost from higher prices that offset a surprise drop in volumes
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NewsCapvest continues food rebuild with further M&A for Second Nature Brands platform
CapVest was historically a major player in UK food and drink before it sold Valeo Foods and Eight Fifty Food
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NewsMedia Bites 23 October: Amazon tax, McDonald’s e.coli outbreak, Greggs Christmas ad
An e.coli outbreak at McDonald’s in the US generates headlines in this morning’s papers
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NewsCity snapshot: Reckitt’s revenues slide as restructure progresses
Reckitt CEO Kris Licht said its Q3 performance is in line with guidance and it is on track to deliver net revenue and profit targets for 2024. Plus, a Heineken trading update
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NewsOceanSaver returns to the crowd as sales soar
The business sells a range of plastic-free, plant-based cleaning products
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NewsMüller deal to buy Yew Tree Dairy approved by CMA
The deal is set to expand Müller’s milk powder capabilities in both the UK and export markets
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NewsLindt loses market share as chocolate prices rocket
The Swiss chocolatier said its Lindor and Excellence brands were performing strongly