All Finance articles – Page 91
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NewsCity snapshot: Britvic sales and profits fizz during hot summer
Revenues and profits at Britvic have fizzed higher as the group’s range of soft drinks proved popular over a hot summer and the out-of-home market recovered from the pandemic. Plus, Bakkavor warns of volume hit in Q3 and Pets at Home reports interims.
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NewsMedia Bites 21 Nov: AB InBev, Christmas spending, Tunnock’s
Following Qatar’s last-minute decision to ban alcohol at World Cup stadiums, Budweiser will ship the unsold Buds to the country that wins the tournament
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NewsBetter Nature lands £700k funding boost to build tempeh awareness
Better Nature has raised new seed funding to fuel retail growth of its tempeh range in the UK and Europe ahead of a bigger series A round next year
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Comment and OpinionHunt’s budget signals pain ahead. But who do the public trust to put things right?
The battle lines are drawn for the next two years in politics, says Ian Wright, outgoing co-chair of the Food & Drink Sector Council
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NewsCity Snapshot: Price hikes boost Cranswick sales but profits slip on cost recovery delays
Meat and poultry specialist Cranswick has posted a double-digit rise in first half sales on strong pricing, but profits were dented by the lag in recovering soaring inflation
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NewsMedia Bites 22 November: CBI conference, eggs, food production, fuel, Waitrose, Compass Group
The papers cover the speeches of John Lewis boss Sharon White and PM Rishi Sunak at the annual Confederation of British Industry conference.
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NewsCBD One raises crowd cash to bolster food and drink presence
Wellness brand CBD One has hit a £225k crowdfunding target as it expands its presence in the food and drink market.
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NewsMister Free’d secures funding as it lands B Corp certification
Gluten-free snack maker Mister Free’d has landed a six-figure funding package and secured B Corp certification.
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NewsReal Good Food secures £2.5m to support turnaround
Embattled Real Good Food has secured additional funding to support its ongoing turnaround efforts. Investors greeted the news positively, sending shares soaring 62% to 1.7p today.
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NewsIceland founder Malcolm Walker rebuffs takeover suitors
Opportunistic investors are reported to have bought the supermarket’s debt for as little as 67p in the pound earlier this year, in a strategy that can prelude a debt-for-equity swap and takeover if borrowing becomes unaffordable
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NewsCity snapshot: Compass Group accelerates ahead of pre-pandemic trading
Profits have soared at catering giant Compass as annual revenues surpassed pre-Covid levels and the business completed its recovery from the pandemic. Plus, Real Good Food secures new funding to supoort turnaround; and
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NewsMedia Bites 21 Nov: Iceland, Lottery, UK Retail sales
The founder of Iceland has reasserted his intention to retain control of the frozen foods retailer after rebuffing takeover interest from several suitors since the onset of the pandemic
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NewsCheeky Panda returns to crowd to boost rapid growth
Cheeky Panda is set to launch a new funding round to continue rapid growth and grab a larger share of the personal care market.
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NewsFarmison guarantees availability of turkey for Christmas season
Farmison has guaranteed Christmas turkey availability as the premium online butcher kicked off a £2m crowdfunding campaign.
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NewsCity snapshot: Parsley Box sets out delisting timetable to leave AIM
Embattled DTC group Parsley Box has set out a timetable for cancelling its listing on London’s junior exchange. Plus, consumer confidence edges up in November and October’s UK retail sales rebound.
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NewsMedia Bites 18 November: Autumn Statement, Lidl, avian flu
The front pages are dominated by reaction to the Autumn Statement.
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NewsCity News: Premier Foods shares decline despite' highly creditable performance'
Premier Foods boosted sales in the first half as households turned once more to home cooking in a bid to cut costs as food prices soared to 45-year highs.
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NewsCity snapshot: Lidl wins new shoppers ahead of Christmas as annual sales increase
Annual revenues at Lidl have increased as it continued to attract new shoppers looking to cut down on household spending. Plus, a trading update from Finsbury Food Group.
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NewsMedia Bites 17 November: Premier Foods, inflation, autumn statement
Premier Foods has posted a rise in revenue fuelled by growing demand for cheaper products as customers turn to home cooking in the face of a cost of living squeeze (The Financial Times £). Mr Kipling owner Premier Foods has posted a rise in first-half profit and ...
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NewsFood inflation hits highest level in 45 years
Food and non-alcoholic beverage prices rose by 16.2% in the 12 months to October, up from 14.5% in September, according to the ONS