All Finance articles – Page 8
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News
Schools forced to use own budget to feed children, says charity
School Food Matters is calling for the government to revise its budget for school food and extend free school meals provisions
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News
Investment crisis threatens recovery of food and drink companies
The FDF’s State of Industry survey for the first quarter of 2024 found half of food and drink businesses planned to maintain low levels of investment in the coming year
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News
Media Bites 20 May: Morrisons, Fairtrade, M&S
The French conglomerate Bouygues is seeking to block Morrisons’ £2.5bn deal to sell its petrol forecourts
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News
City snapshot: Volumes rise at Hilton thanks to good Easter trading
Meat and fish processor Hilton Food Group has benefitted from a “strong” Easter in the UK and Ireland, pushing volumes and revenues higher in 2024
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News
City News: Britvic enjoys double-digit share boost as volumes increase
Robinsons supplier Britvic enjoyed a double-digit boost to its share prices this week
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News
Premier Foods hails volume growth return
Premier Foods has returned to volume growth and pricing stability, and is now mooting M&A to further boost its branded portfolio
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City snapshot: GSK exits Haleon with £1.25bn share sale
Pharma giant GSK has exited its investment in its former healthcare arm Haleon after selling off its final stake in the demerged business
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Media Bites 17 May: Premier Foods, Walmart, Morrisons/lamb
Promotional price cuts to kitchen cupboard staples and the suspension of pension deficit contributions have helped to drive a double-digit rise in annual profits at Premier Foods
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News
Pricecheck sales surge past £150m for the first time
The results mark the 10th consecutive year of growth for the company
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Analysis and Features
Was Sunak’s summit enough to inspire supply chain confidence?
The second annual Farm to Fork Summit saw representatives from across the food sector gather at No 10 to hear the PM’s proposals
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News
City snapshot: Premier Foods returns to volume growth after bumper year
Premier Foods has posted a double-digit rise in sales and profits as it gained market share and volumes returned to growth in its fourth quarter
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Media Bites 16 May: Britvic, Imperial Brands, Compass
Britvic beat analysts’ forecasts and reported a sharp increase in profit after strong growth in established brands including Pepsi Max and Fruit Shoot
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News
Discount Dragon owner Huddled Group plots UK surplus goods ramp-up
The owner of e-commerce brand Discount Dragon is plotting a significant scaling up of its surplus fmcg goods operations to take advantage of booming demand for cheaper branded goods
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News
PepsiCo invests £8m into Pipers Crisps factory to meet demand
The funding will cover the installation of energy-efficient crisp fryers and packaging machines
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Comment and Opinion
As inflation eases, businesses must rise to the volume challenge
Businesses across the food and drink system share a common aim: they need to get volume moving, says James Walton, chief economist at IGD
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News
Media Bites 15 May: Greggs, Tesco/Ken Murphy, Brexit borders
Rising wages continue to take a bite out of profit margins at Greggs
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News
City snapshot: Britvic growth fizzes in first half as volumes rise
Britvic has hailed an “excellent” first-half performance as rising volumes helped the soft drinks giant boost revenues and profits. Plus, interim results from Imperial Brands and Compass Group
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News
Tango in ‘multimillion-pound’ push for flagship orange variant
The campaign is the second to come out of Tango’s new ‘dangerously potent flavour’ brand platform
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News
Pots for Tots pushing for retail growth with six-figure funding
Healthy children’s food brand Pots for Tots has raised £400k to expand its offering further into retail