All Finance articles – Page 341
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Comment and OpinionChancellor’s Budget plonks wine trade right in it
Freezing duty for beer, (most) cider and spirits but not wine is hugely unfair and deeply damaging
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NewsBaby milk factory disruption hits third quarter sales at Reckitt Benckiser
”FTSE 100 consumer goods giant Reckitt Benckiser saw a 2% drop in headline revenues in the third quarter as weak sales in infant nutrition and the impact of currencies hit its top-line results.
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NewsPoundworld and Bargain Buys brands sold by administrator
All of Poundworld’s intellectual property assets have been sold to the Leeds-based company New Money
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NewsCity Snapshot: WH Smith doubles size of travel division with InMotion acquisition
WH Smith agrees US$198m deal to buy international travel retailer InMotion, Ocado and Kroger solidify partnership with the signing of service and operational terms and manufacturing disruption hits third quarter sales at Reckitt Benckiser
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NewsMedia Bites 30 Oct: Budget 2018, Mondelez, Restaurant Group
“Giveaway” is the word of the day in the papers this morning as the media digests Chancellor Philip Hammond’s 2018 Budget.
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NewsCity snapshot: Chancellor to announce High Street rates relief
The Chancellor is set to attempt to ease the pressure high street retailers by cutting business rates bills by a third for almost half a million small high street shops, Patisserie Valerie is the centre of takeover bid and the rest of the City news
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NewsMedia Bites 29 October: Asda, Patisserie Valerie, Sainsbury's
Asda said it is considering slashing up to 2,500 jobs as the UK’s third-largest supermarket chain faces mounting competitive pressures.
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NewsPeyton & Byrne Bakeries split up in rescue deal
Peyton & Byrne Bakeries, the retail chain and wholesale bakery co-founded by Great British Menu judge Oliver Peyton, has been split-up in a rescue deal after it entered administration.
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Analysis and FeaturesAB InBev third quarter results give investors a headache
AB InBev investors were nursing sore heads on Thursday morning after the globe’s largest brewer lost about 10% of its value after a weaker-than-expected third quarter and a savage dividend cut.
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NewsTetley owner Tata hit by decline in UK black tea sales
The ongoing decline in black tea sales hit UK revenues and profits at Tetley Tea owner Tata Global Beverages.
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NewsIce lolly maker Pops seeks £400k to expand production
The supplier has seen 100% growth over the past year following a nationwide listing wityh Tesco
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NewsPeyton & Byrne Bakeries falls into administration
The bakery chain co-founded by Great British Menu judge Oliver Peyton has entered administration.
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NewsCity Snapshot: Peyton & Byrne Bakeries files for administration
The bakery chain co-founded by Great British Menu judge Oliver Peyton, Peyton & Byrne Bakeries, has entered administration two years after a previous collapse. Plus all the rest of the latest news from the City.
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NewsMedia Bites 26 Oct: AB InBev, Amazon, Patisserie Valerie
The world’s largest brewer Anheuser-Busch InBev cut its dividend in half and reported weak third-quarter profits hit by slower sales in key markets.
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NewsOne Stop credits like-for-like growth to own-label relaunch
Tesco-owned One Stop grew like-for-like sales by 5% last year as the 2017 re-launch of its own label range boosted sales at the convenience chain.
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NewsEnergy drink effect on kids overstated, says government report
The government is currently consulting on whether to ban the sale of energy drinks to children
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NewsCity snapshot: Global brands drive 4.5% third quarter growth at AB InBev
The world’s largest brewer AB InBev grew revenues by 4.5% in the third quarter driven by strong growth in its global beer brands. Plus, C&C Group reports tripling of first half sales and Kerry Group makes two acquisitions
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NewsMedia Bites 25 Oct: Patisserie Valerie, Heineken, Gourmet Burger Kitchen
The owner of Patisserie Valerie has fought off a winding-up petition against its principal trading subsidiary as the cake shop and cafe group continues to battle for survival.
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NewsKerry Foods jobs 'at risk' after losing major Tesco contract
Tesco to change supplier for all its Indian and Oriental ready meals
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NewsUnilever and Veolia link to create plastic 'circular economy'
Veolia will help Unilever implement used packaging collection and add recycling capacity