All Finance articles – Page 353
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NewsCrediton 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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NewsFood 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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NewsMedia 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 & OpinionTesco’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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NewsProfits 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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NewsPatisserie 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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NewsSupermarkets 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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NewsTesco 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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NewsCity 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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NewsMedia 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 & 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 & OpinionBrand 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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NewsSamworth Brothers to close Kensey Foods dessert business
The proposed closure of the Launceston-based factory has put 650 jobs at risk
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NewsCrawshaw owed more than £15m after administration
Crawshaw Group shut 35 of its 54-store portfolio across the north and Midlands when it crashed into administration in October
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NewsCity snapshot: Asahi buys Fuller’s beer business for £250m
Japanese drinks giant Asahi has acquired British brewer Fuller’s entire beer business, Irn-Bru maker AG Barr predicts a rise in profits despite “uncertainty” and the rest of the City news
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NewsMedia Bites 25 January: Fever-Tree, Patisserie Valerie, Allergy labelling
Fever-Tree, the British maker of premium tonic waters catering to a growing taste for speciality gins, said its 2018 sales had run ahead of management expectations
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NewsOnline wine retailer WineDirect suspends trading after entering administration
Fermentation Ltd, the company behind WineDirect and JustInCases.co.uk, hired administrators last week
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NewsFeverTree reports 39% full year sales jump
FeverTree has reported a 39% surge in annual revenues for its full 2018 financial year, driven by 52% growth in its home market.
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NewsMedia Bites 24 Jan: Tesco trial, Patisserie Valerie, Retail jobs
Tesco’s former UK finance boss has accused the supermarket group of “throwing him under a bus” and abandoning truth and justice for its own “commercial imperatives”.
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Comment & OpinionPatisserie Valerie boss: ‘It’s business as usual’
To Steve Francis, who’s been brought in to turn Patisserie Valerie around, it’s “a bittersweet time”