All articles by Henry Saker-Clark – Page 22
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NewsCommodity cost increases and weak pound hit profits at Filippo Berio
Premium olive oil supplier Filippo Berio saw a fall in profits despite 8% sales growth as it was impacted by increasing commodity costs and a weaker pound
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NewsCharlie Bigham's adds capacity as it records 18% profits rise
The upmarket ready meal manufacturer saw pre-tax profits rise to £4.1m for the year ending 31 August 2017, after sales rose 7.5%
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NewsPies & pastries supplier Peter's embarks on refinancing deal
Welsh pies and pastries supplier Peter’s is undergoing an emergency multimillion refinancing after falling to a pre-tax loss of £2.6m last year
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NewsVita Coco CEO Giles Brook invests in snack startup Bepps
The new “partnership” makes Brook the largest investor at the company
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NewsM&S chief executive Steve Rowe's earnings slashed by almost a third
The cheif executive of the high street retailer saw his earnings for the year fall by more than £500k, the company’s annual report revealed
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NewsCity snapshot: Travel sales jump boosts WH Smith in third quarter
An 8% jump in WH Smith’s travel arm has helped its overall group sales rise 4% in the third quarter while gross margin continued to improve. Plus, cold weather and higher fuel prices hit Applegreen’s early 2018 performance, currency inflation boosts profits at Zambeef and all the rest of the latest news from the City.
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NewsMedia Bites 6 June: Brexit, Tesco, Kraft Heinz
Farmers are nervous about post-Brexit plans following a government consultation that they believe lacks “clarity on funding, delivery and timing”
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NewsWarmer weather boosts retail spending in May
UK retail sales recovered in May as better weather brought consumers back onto British high streets, with sales growth at its fastest for more than four years.
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NewsMedia Bites 5 June: Sainsbury's/Asda, 2 Sisters, Walmart
The £14.1billion Sainsbury’s-Asda merger will push up prices at smaller retailers, industry experts have warned, writes The Daily Mail.
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NewsToilet and kitchen paper manufacturer WEPA buys private label supplier
Toilet paper and kitchen roll manufacturer WEPA has bought out its Northwood & WEPA joint venture
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NewsNestlé acquires Welsh bottled water company Princes Gate
Nestlé Waters, which is known for its Buxton and Pure Life brands, has acquired a majority stake in Princes Gate Spring Water Ltd
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NewsSoulmate Food bought out of administration by Kettlebell Kitchen
Online healthy food delivery company Soulmate Food has been bought out of administration by health food supplier Kettlebell Kitchen, saving around 20 jobs
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NewsThe Uncommon canned English sparkling wine seeks £25k from crowd
Canned English sparkling wine start-up The Uncommon has launched a crowdfunding campaign to raise £25k to create an urban winery
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NewsGressingham Foods buys Yorkshire Game in administration rescue deal
Wild meat producer Yorkshire Game has been bought by Gressingham Game after entering administration, saving 23 jobs
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NewsChocolate startup MIA reaches out to crowd for £100k investment
Bean-to-bar chocolate startup MIA has reached out to the crowd to raise £100k in investment
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NewsTayto affiliate rescues Uvenco companies from administration saving 169 jobs
Three food and drink vending machine firms, which are subsidiaries of listed company Uvenco, have been rescued from administration saving 169 jobs.
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NewsSpecialist Italian wholesaler Guidetti goes into liquidation
The company has been voluntarily wound up by its owners
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NewsCrisp-maker Tayto acquires second popcorn company Pop Notch
Northern Ireland-based crisp manufacturer Tayto Group has acquired Northern Irish popcorn company Pop Notch Ltd’s assets including its trade mark, brand name and machinery
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NewsHeron Foods deal boosts annual earnings at B&M
B&M European Value Retail blew off turmoil on UK high streets as its annual profits jumped 25.4%.
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NewsCity snapshot: Warm weather drives grocery sales up 2.7%
Grocery sales jumped up 2.7% over the most recent 12 week period as the early summer weather boosted food and drinks sales, according to the latest grocery market share figures from Kantar Worldpanel. Plus, annual profits jump 25.4% at B&M European Value Retail, retail prices fall 1.1% and all the rest of the news from the City.