All Finance articles – Page 47
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NewsConsumer confidence at record high, says Barclaycard
Consumer confidence levels have reached a record high, according to Barclaycard, which revealed that UK consumer spending rose 3.6% in Q3.
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NewsFDF survey reveals concerns within the food and drink sector
Members of the Food and Drink Federation (FDF) have revealed in a survey that concerns are mounting within the food and drink sector and confidence is becoming more fragile.
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Product NewsHovis set to collaborate with new DreamWorks movie
UK baking giant Hovis is set to team up with DreamWorks Animation’s latest film Trolls to give one shopper the chance to win a family holiday to visit the studio in Los Angeles.
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Product NewsSweet Treats buck overall trend at Premier Foods
A sixth consecutive quarter of growth in its Sweet Treats division, at 6.4%, bucked the overall sales trend at Premier Foods, which reported a 5.4% fall in total group sales in its second quarter.
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NewsSignature Flatbreads to use weak pound to drive European sales
Bedfordshire-based wraps and naans manufacturer Signature Flatbreads is aiming to expand its exports business in Europe.
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NewsBrexit set to cost 1,500 Scotland food jobs
The impact of Brexit is set to cost Scotland’s food and drink sector around £150m, which could result in around 1,500 jobs losses in the Highlands, according to researchers.
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NewsKrispy Kreme abandons £200m London flotation
Doughnut retailer Krispy Kreme has chosen to withdraw its planned £200m London flotation after announcing the 100% sale of its shares to US parent brand owner Krispy Kreme Group.
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NewsMenu development helps boost Greggs’ sales
High street bakery retailer Greggs has said its Balanced Choice and breakfast products have been popular over the summer months, as it released its third-quarter trading statement to 1 October.
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NewsBiscuiteers aims for growth via crowdfunding
Handmade biscuits company Biscuiteers is launching a crowdfunding campaign with Crowdcube in a bid to achieve accelerated growth.
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Product NewsDélifrance partners Michelin Guide launch
The 2017 Michelin Guide for Great Britain & Ireland launches today in London, partnered by bakery Délifrance.
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NewsPremier chairman steps down
Premier Foods has announced that David Beever will step down as chairman of the company in 2017.
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NewsHovis records £19m loss in second year of trading
UK baking giant Hovis has recorded a £19m loss in its second year of trading since Premier Foods wrote off part if its investment into the company.
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NewsUK e-commerce grocery market grows by 6.9%
According a report published by Kantar Worldpanel, sales of groceries in the UK through e-commerce platforms has increased by 6.9% in the 12 months to June 2016.
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NewsSainsbury’s sees slight second-quarter drop
Sainsbury’s has seen total retail sales (excluding fuel) fall 0.4% in its second quarter results to 24 September 2016.
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NewsAldi reports record sales but profits hit by price war
Discount supermarket Aldi has reported record sales in the UK and Ireland for 2015 and said it will invest £300m in revamping its stores, but profits have been hit by the supermarket price war.
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NewsCo-op profits down by over 50%
Profits at the Co-op Group more than halved to £17m in the first six months of the year, hit by the group’s three-year plan to rebuild the business.
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NewsLunch sales suffer as Brits go out for breakfast more
The lunch market is coming under increasing pressure as people spend more on breakfast, according to data from NPD Crest on the ‘out of home’ (OOH) foodservice market.
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NewsSupermarket sales up, despite deflation
Kantar Worldpanel has revealed that, despite continued deflation of 1.1%, supermarket sales rose by 0.3% in the 12 weeks ending 11 September.
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Product NewsMulti-channel strategy reaps significant rewards for Finsbury
Cake, bread and morning goods manufacturer Finsbury Food Group has enjoyed a near 25% rise in group revenue for the financial year ended 2 July 2016, according to preliminary results from the company.
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NewsOcado sales climb despite price wars
Group sales at Ocado climbed 15.4% to £314 million in the third quarter, despite the chief executive indicating that price wars were expected to continue in the future.