All Inflation articles – Page 103
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NewsUK pubs face ‘beer drought’ as draymen threaten strikes
The industrial action comes amid ongoing disruption in the food and drink supply chain caused by the ‘pingdemic’ and HGV driver shortage
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Grocer 33Asda cheapest in barbecue Grocer 33 special
Asda came in exclusively cheapest on 13 items, including everything from matches to Cumberland sausages
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NewsCity snapshot: CVC agrees £767m deal to buy listed drinks player Stock Spirits
Private equity player CVC has agreed a deal to buy Stock Spirits, the listed producer of branded spirits and liqueurs in Central and Eastern Europe and Italy.
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NewsCity snapshot: Retail sales growth slows as pubs and restaurants reopen
Retail sales continued to grow in July as Covid restrictions eased, but the pace of growth slowed as the reopening of pubs and restaurants dampened spending in shops. Plus, HelloFresh ups sales guidance, but reduces profits expectations and all the rest of the latest news from the City.
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NewsCity News: Greggs back in profitability but rising costs worry investors
High street stalwart Greggs roared back to growth and profitability in the first half of 2021, but the looming spectre of rising costs dented investor confidence this week
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NewsMedia Bites 6 August: Oatly, Inflation, Hammerson
A family-run farm has won a legal battle against the multimillion-pound makers of plant milk, Oatly
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NewsShoppers face more frozen and less fresh Christmas turkey due to labour shortages
Avara Foods CEO Andy Dawkins said the labour crisis would inevitably lead to a reshaping of the turkey sector
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NewsCity snapshot: Beiersdorf bounces back to pre-Covid levels and skincare demand returns
Nivea owner Beiersdorf has bounced back to pre-Covid levels of sales and skincare demand rebounded in the first half of the year
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NewsMedia Bites 5 August: John Lewis, National Lottery, Philip Morris
John Lewis was included on a list of employers “named and shamed” by the UK government for paying staff below the legal minimum on Thursday, as ministers seek to show they are clamping down on abuses of workers’ rights.
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NewsCity Snapshot: The Hut Group acquire Cult Beauty for £275m
E-commerce giant The Hut Group has expanded its beauty portfolio with the £275m acquisition of online prestige retailer Cult Beauty.
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NewsMedia Bites 4 August: PepsiCo, Greggs, Domino’s
PepsiCo has agreed to sell a controlling stake in its Tropicana and Naked Juice brands to French private equity firm PAI Partners for $3.3bn
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Comment and OpinionGreggs is back in profit, but rising costs are a dampener on celebrations
Greggs became the latest food company to point to rising costs as a major threat to profitability
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NewsCity snapshot: Greggs to create 500 jobs as first half sales and profits rebound
Greggs has bounced back to first half profitability as sales recovered due to the relaxation of coronavirus restrictions
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NewsMedia Bites 2 August: Morrisons, Deliveroo, Milk
Private equity giant Clayton, Dubilier & Rice is poised to kick off a bidding war for Morrisons
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NewsCity News: Reckitt Benckiser shares tumble as it warns of mounting cost pressures
Reckitt Benckiser was the latest consumer goods giant to warn of the pressures of mounting costs this week as its share price tumbled on inflationary concerns
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NewsGrowers warn lack of clarity over R&D funding a threat to sector
Horticulture and potato growers are calling for clarity from government on what will replace AHDB’s services
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Comment and OpinionWho will be paying for vital sustainability initiatives - shoppers or manufacturers?
Manufacturers need to invest heavily in sustainability schemes, but not all consumers are willing to pay a premium to fund it, says Warren Ackerman, head of European consumer staples research at Barclays
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NewsCity snapshot: Nestlé raises growth expectations after coffee drives first half sales increase
The world’s largest food group Nestlé has raised its full year growth forecast after posted organic growth of 8.1% in the first half as booming coffee sales drove strong growth. Plus updates from AB InBev, Danone, Diageo, Compass Group, Pets at Home and more.
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NewsMorrisons’ largest investor Silchester publicly rebukes £6.3bn Fortress offer
Silchester International Investors, which holds a 15.1% holding in Morrisons, said in a statement that it was “not inclined” to support the existing offer from Fortress.
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NewsMedia Bites 28 July: Morrisons, Reckitt Benckiser, Iceland
The proposed £9.5bn takeover of Morrisons has been thrown into jeopardy after the supermarket group’s largest shareholder blasted the Fortress-led bid