Archive of all news articles – Page 203
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Healthy food unaffordable for millions of poorer families
The UK’s poorest households would have to spend half of their disposable income on food to meet the cost of the government’s recommended healthy diet
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Europe remains ‘key market’ for exports post-Brexit, AHDB boss says
Nicholas Saphir said it was “important to maintain the pressure on trade with Europe because we can’t just walk away from it”
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City snapshot: Warm weather boosts grocery sales volumes in June
A June heatwave helped improve grocery volumes and saw sales edge upwards, according to new data from NIQ
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Media Bites 27 June: ABF, Ocado, Sainsbury’s, food prices
A profits upgrade from ABF makes headlines this morning, alongside news of a fund chaired by George Osborne upping its stake in Ocado and a continued focused on food prices.
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Hooked lands seven-figure funding to cast net for plant-based fish wider
The Swedish plant-based fish startup is set to close a seven-figure funding round to expand outside its domestic market, with plans in place to launch in the UK next year
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St Ewe launches new Rich Yolk range and egg boxes
St Ewe’s latest cartons are designed with enhanced structural integrity to safeguard the eggs ‘from packing centre to consumers’ kitchens’
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Court ruling brings Lidl closer to injunction banning Tesco's Clubcard logo
The ruling means Tesco will have nine weeks to remove existing Clubcard Prices logos from stores in the event an appeal is unsuccessful
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Sainsbury’s invests £15m in price cuts for store cupboard staples
The price of 500g packs of free-from penne, spaghetti, fusilli and macaroni have all been reduced from £1.20 to 75p
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Strongbow eyes fruity cider spin-off with Zest trademark
It has applied to register the name ‘Strongbow Zest’ with the Intellectual Property Office
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Müller launches Barista Milk variant ‘ideal for frothing’
The milk represents the second launch under Müller’s new Good Stuff branding
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MPs to grill supermarket bosses on food prices
MPs on the cross-party business and trade committee will quiz executives from Tesco, Sainsbury’s, Asda and Morrisons
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Carlsberg agrees to sell Russia’s biggest brewer Baltika
The Danish brewer has not disclosed who the buyer is or any financial details on the sale ‘to ensure that the approval processes go as smoothly as possible’
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City snapshot: Associated British Foods lifts profit expectations
Associated British Foods has raised its profit forecasts for the year as the grocery and ingredients divisions benefitted from price rises. Plus, Cake Box is upbeat about year ahead as it reports falling profits and Sainsbury’s announces a £15m investment to cut the price of cupboard staples such as rice and pasta.
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Media Bites 26 June: Inflation, Carlsberg, Hotel Chocolat
Supermarkets will be scrutinised this week for any sign they may be profiteering from rising prices
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City News: THG shares jump on back of ‘strong’ second quarter
THG shares jumped on Wednesday thanks to an expected boost to profitability and the removal of its founder’s block on any potential sale
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Whole Foods Market sees UK losses rise to £26m
Newly filed accounts for UK trading arm Fresh & Wild showed operating losses rose 53%
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Gin boom officially over as big brands see sales slump
Leading the decline in value sales is Gordon’s, which has shed £72.8m
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Former seasonal workers tell Lords committee of ‘appalling’ conditions
The Committee heard from Sybil Msezane, an ex-worker from South Africa, who said ’we weren’t viewed, from my experience, as humans’
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Parfetts to award 4% sales growth bonus to staff
The payment comes on top of an existing October profit share bonus, which was worth a total of 8% of salary last year
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C-store expansion boosts Morrisons as inflation hits profits
CEO David Potts said c-stores were a “strong area of focus and growth” with Morrisons now boasting almost 650 Morrisons Daily stores