All Finance articles – Page 5
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NewsCake Box agrees buyout of Asian sweet seller Ambala Foods
The deal consists of £16m for Ambala itself and £6m for its manufacturing facility
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NewsCity snapshot: Cake Box to buy Ambala Foods with £7m of new shares
Ambala is a family-run manufacturer and retailer of Asian sweets. Also, Applied Nutrition announces joint business plan with Holland & Barrett
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NewsCompleat Food Group buys The Real Yorkshire Pudding Company
It is the latest milestone in the company’s ongoing spending spree
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NewsVimto eyes breakfast space to help fulfil growth ambitions
Owner Nichols is aiming to grow revenue by 30% over the next five years
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NewsWaitrose launches net zero fund for British farmers
The fund is part of Waitrose’s Farming For Nature Programme and will finance projects that will support the adoption of low-carbon farming practices
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NewsCity snapshot: Vimto and Domino’s both deliver profits boost
Vimto owner Nichols saw profits jump after it switched to a higher-margin model in Africa. Domino’s profits grew but its situation remains sticky
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NewsValentine’s Day lifts food sales in February
Food sales received a Valentine’s Day boost in February but growth remained muted and volumes declined, according to new data released this morning
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NewsVimto owner Nichols sees profits leap after African strategy shift
Nichols said it is switching to selling higher-margin concentrate in its African markets
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NewsMedia Bites 11 March: high street figures, Amazon robots and beef shortages
Gloomy high street figures for February were the main story in the nationals this morning
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NewsEssential spending down as consumers brace for rising bills
Total card spending was up 1% year on year – lower than both January’s 1.9% and the latest CPIH inflation rate of 3.9%
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NewsBrewDog appoints new CEO after James Arrow steps down
James Arrow has stepped down after less than a year as BrewDog boss
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NewsTiba Tempeh secures £1.1m investment as brand becomes fastest-growing in meat-free
The tempeh challenger brand has secured a six-figure investment led by Maven Capital Partners
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NewsMedia Bites 10 March: Boots, John Lewis Partnership, Asda, WH Smith, EG Group
The headlines and column inches in this weekend’s papers are dominated by the fallout from the takeover agreement of Walgreens Boots Alliance and what it means for the UK pharmacy chain Boots
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NewsCity snapshot: Deliveroo to exit lossmaking Hong Kong business
Deliveroo is planning to exit its lossmaking Hong Kong operations via a sale of some of the assets to Delivery Hero’s Foodpanda and closure of other parts of the business
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NewsWhitby Seafoods launches ‘every pack gives back’ campaign to celebrate anniversary
The business will use its flagship product, Whitby Scampi, as part of a national fundraising initiative to support fishers
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NewsCanadian and Mexican alcoholic drinks set for tariff exemption in Trump climbdown
The reprieve is likely to be welcomed by the likes of Diageo and Campari
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NewsWalgreens Boots Alliance agrees to $10bn private equity takeover
Boots owner Walgreens Boots Alliance has agreed to a $10bn takeover offer from private equity firm Sycamore Partners, bringing the pharmacy giant’s time as a public company to an end
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NewsCity snapshot: Footfall recovery stutters in February
Retail footfall continued its recovery in February, but growth in shopper numbers slowed dramatically after the new year bounce, according to new data released this morning
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NewsMission targets growth after securing investment from F1 driver Pierre Gasly
Tea challenger Mission is gearing up for further growth after extending its fundraising round to a total of £2m and securing investment from F1 driver Pierre Gasly
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NewsHilton Foods moves into Middle East with new joint venture
The partnership is initially for 10 years and combines Hilton’s expertise in meat processing and packaging with Nadec’s local cattle operations