All Finance articles – Page 355
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NewsVaping business Supreme to focus on profits before new IPO
MD Sandy Chadha said it was ‘completely the wrong environment’ to consider an IPO
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NewsBBF secures £40m funding for manufacturing investment
The own-label cakes and desserts maker received the cash injection from Wells Fargo Capital Finance
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NewsChelmsford Star Co-operative posts sales boost over Christmas
Society boosted by last minute rush for smoked salmon and prosecco
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NewsSimplyCook sells minority stake to Octopus in £4.5m deal
The direct-to-consumer recipe kit business secured the funding to expand online and in retail
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NewsDalston's secures £1m cash injection from angel investors
Dalston’s plans to use the cash for driving NPD and bolstering stock
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NewsCity Snapshot: International sales drive "robust" performance at Bakkavor
Listed ready meals giant Bakkavor (BAKK) has heralded a “robust” performance in 2018 after reporting 3.2% year-on-year growth, UK recipe kit business SimplyCook secures funding, and the rest of the news from the City
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NewsMedia Bites 18 Jan: Premier Foods, ABF, Patisserie Valerie
Premier Foods has blamed problems with its logistics overhaul for sliding sales at the end of last year
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NewsPulsin puts celebration on hold following £300k VAT victory
The taxman has until 22 February to appeal the tribunal decision that Pulsin’s brownie is cake not confectionery
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NewsCo-op signals move to online with director of e-commerce role
Conway was previously Asda’s senior director of grocery e-commerce and Morrisons’ head of online
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NewsPremier Foods third quarter sales fall 2.2%
Premier Foods has reported a 2.2% drop in third quarter sales due to a plunge in revenues from its private label cakes and international business.
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NewsMedia Bites 17 Jan: Patisserie Valerie, Reckitt Benckiser, Tesco
The future of Patisserie Valerie is in doubt again after it admitted that a £40m alleged fraud was more extensive than had been thought.
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NewsPatisserie Valerie reveals “extensive” accounting misstatement
Patisserie Valerie has announced to the stock market it has found the misstatement in its accounts was “extensive” and involved “very significant manipulation”.
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NewsIrish food exports grow despite uncertainty over Brexit
Dairy was the strongest performer in terms of export and volume growth, with volumes up 5% compared with 2017
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NewsNick Mackenzie hired as Greene King CEO
Mackenzie joins from Merlin Entertainments, where he was responsible for brands such as Madame Tussauds and the London Eye
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NewsReckitt Benckiser CEO Rakesh Kapoor to stand down
Consumer health giant Reckitt Benckiser has announced this morning that Rakesh Kapoor will retire from his position as CEO by the end of 2019.
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NewsMedia Bites 16 Jan: Brexit, M&S, Consumer spending
Philip Hammond sought to reassure business leaders on Tuesday night that a no-deal Brexit could be blocked, while also raising for the first time the possibility of a delay to Article 50.
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NewsM&S confirms closure of further 17 stores
Thirty stores have already closed as part of M&S’s plan to shut more than 100 by 2022
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NewsFormer Mondelez UK MD Mike Taylor joins Montezuma's as Chairman
The appointment comes two months after Montezuma’s was acquired by Inverleith LLP
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NewsBooths credits Christmas sales hike to click & collect uplift
Booths also said that its profits excluding tax also rose 4.5% compared with a year ago
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NewsCity snapshot: Bart Becht resigns as JAB Holdings chairman
The chairman of JAB Holdings, veteran dealmaker Bart Becht, has resigned after a reported split with his two partners, Lindt & Sprüngli saw sales jump 5.5% in 2018, and the rest of the news from the City