All Finance articles – Page 34
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NewsCity snapshot: Whisky and gin drives 13% rise in UK drinks exports
UK drinks exports grew 13% last year to £9.4bn as international demand for UK spirits boosted global sales
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NewsMedia Bites 11 December: Loyalty cards, Asda, Princes
Tesco and Sainsbury’s are making an estimated £300m a year from selling information about their customers
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NewsAssisi Group buys Burns Pet Nutrition following PE investment
Assisi Pet Care Group has made its first acquisition since receiving US private equity investment earlier this year
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NewsHair loss specialist Sons raises €6.75m to drive European growth
Irish men’s healthcare brand Sons has secured investment worth €6.75m to grow the reach of its male hair loss products.
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NewsCity snapshot: Black Friday fails to rally UK shoppers amid bleak November
Top story Significant discounts in the run up to Black Friday failed to rally UK shoppers, resulting in another disappointing month for retailers, according to figures from accountancy firm BDO. According to BDO’s High Street Sales Tracker, total like-for-like sales in November fell by 0.3% compared to ...
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NewsMedia Bites 8 December: Chapel Down, McDonald’s, Leon
England’s largest winemaker made a sparkling debut on London’s junior exchange yesterday as part of its plan to double the size of its business in three years
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NewsFramptons targets UK oat milk sector after buyout by Profura
Framptons has set it sights on becoming the number one player in the UK oat milk category after a buyout by a Swedish investment firm secured the contract manufacturer’s future, its new boss has told The Grocer.
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Comment and OpinionProfits and purpose are more closely related than you think
Purpose-led business could generate a £149bn boost to the UK economy every year, says Pip Murray, founder & CEO at Pip & Nut
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NewsCity snapshot: DS Smith CEO to retire as box volumes fall amid ‘weak’ demand
Long-serving DS Smith CEO Miles Roberts is to stand down from his role as the box maker reported a drop in revenues and profits amid weak demand
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NewsEG Group sells UK KFC franchise to Yum Brands
EG Group has sold its 218 KFC franchise restaurants in the UK to KFC owner Yum Brands to continue to pay down debt
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NewsMedia Bites 7 December: BAT, CMA, EG Group, THG
News of BAT writing down the value of some of its US cigarette brands made headlines today, along with the latest blast from the CMA against land practices of Morrisons and M&S.
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NewsWholebake sells Deeside Cereals to Weetabix in turnaround attempt
Snack maker Wholebake has sold its own-label cereal business to Weetabix in a drive to simplify operations as part of a turnaround effort
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NewsPukka Herbs suffers mass redundancies as Lipton Teas integrates herbal brand
Pukka Herbs is in the final stages of being fully integrated into its private equity-owned parent company, Lipton Teas & Infusions
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NewsSainsbury’s to relocate London HQ
The retailer will move to a new office ‘a few hundred yards’ from its current HQ in Holborn
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NewsThe John Lewis Partnership hints at name of its new property rental business
The partnership has registered three separate trademarks related to property services
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NewsCheesegeek smashes crowdfund target to expand into physical retail
The brand hopes to shift consumers towards buying better-quality cheeses rather than mass-produced products at the supermarket
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NewsMedia Bites 6 December: Grocery market share, SSP Group, olive oil
Sainsbury’s has claimed its largest increase in market share in more than a decade after stepping up the price war with the German discounters Aldi and Lidl
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NewsCity snapshot: British American Tobacco hit by US economic slowdown and rise of illegal vapes
British American Tobacco is taking a £25bn one-off hit as it writes down the value of its traditional cigarette brands in the US, the London-listed group said this morning in a trading and strategy update.
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NewsValeo Foods urged to 'cease acquisitions and focus on turnaround'
Valeo Foods must focus on turning around its UK snacking business and hold off from acquisitions to avoid any further deterioration in its credit rating, according to Moody’s
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NewsInsane Grain backed by Harry Kane following TikTok push
For almost two months, the brand has been trying to catch Kane’s attention through a series of targeted TikTok posts