All Finance articles – Page 92
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NewsMedia Bites 23 May: Food inflation, junk food, alcohol health warnings
The papers continue to focus on the ongoing issue of soaring food prices, while Ireland to label alcoholic drinks with cigarette-style health warnings.
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NewsMedia Bites 22 May: Tesco, Marks & Spencer, Sainsbury’s
Tesco’s chair, John Allan, is to step down next month after eight years in the role
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NewsCity snapshot: Wincanton posts record underlying profits
Wincanton has lifted underlying profits to record levels despite pressure on consumer spending depressing volumes at the logistics group.
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NewsPremier Foods shares surge following upgrade to expectations
Premier Foods shares surged to 12-year highs this week after the ambient supplier beat upgraded expectations
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NewsFood and drink M&A dealmaking sees green shoots of recovery
Food and drink dealmaking showed signs of recovery in the first quarter of 2023, suggesting activity could bounce back from a weak 2022
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NewsCity snapshot: C&C Group CEO steps down amid €25m hit from software upgrade
C&C Group has announced a change in leadership as it revealed to the City it faces a €25m charge associated with a problematic upgrade of its software for its distribution operations
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NewsMedia Bites 19 May: Asda, Riverford, Consumer confidence
Asda has been accused of using ’fire and rehire’ threats to reduce pay for 7,000 staff as it restructures the business
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NewsFramptons seeks £5m cash injection after supply chain shocks
Recovery specialists at Resolve have been drafted in to explore options at the business, including finding a potential buyer.
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NewsWarehouse fire and supply issues contribute to huge Waitrose loss
The accounts add new details to the financial update provided by the John Lewis Partnership in January
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NewsMontezuma’s searches for buyer as Inverleith heads for the exit
Upmarket chocolate brand Montezuma’s has hired advisors to find a buyer for the business and provide private equity owner Inverleith with an exit, The Grocer has learned.
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NewsCity snapshot: Premier Foods profits beat expectations
Premier Foods has posted double-digit annual growth in sales and trading profits as price rises and cost savings mitigated ’exceptionally high’ input cost inflation
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NewsMedia Bites 18 May: Eggs, food banks, inflation
It’s a quiet morning for grocery news in the papers but The Guardian carries a feature looking at the price of eggs.
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NewsBetter Nature launches £3m fundraising push
The plant-based startup has kicked off the fundraising to take its tempeh brand into the mainstream and support its first UK supermarket listing
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NewsMedia Bites 17 May: Downing Street food summit, Greggs, Diageo
Rishi Sunak’s Downing Street food summit has been described as “empty” by food and farming industry representatives
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NewsCity snapshot: Artisanal Spirits Company strengthens board with CFO
The Artisanal Spirits Company has appointed Billy McCarter as chief financial officer, with immediate effect.
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NewsPricecheck reports double digit growth for second year running
Pricecheck said that its core delivered wholesale offering remained the biggest contributor to turnover
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NewsCity snapshot: Britvic profit rises following pricing hikes
Robinsons owner Britvic has posted a double-digit rise in profits in the first half, as margins improved on pricing growth and a reduction of marketing spend
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NewsMedia Bites 16 May: Petrol prices, food inflation, John Lewis, BAT
The papers are filled with stories on claims retailers increased fuel prices to unnecessarily high levels.
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NewsSymington’s profits increase despite drop in sales
The food group’s profits rose in its first full year under ownership of Newlat as it reduced ranges to focus on profitable categories
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NewsSapling Spirits closes seven-figure fundraising
Sapling Spirits has closed a seven-figure fundraising round to push ambitions to make the spirits industry more sustainable