All Finance articles
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News
Discount chain MaxiDeals goes into liquidation
MaxiDeals ceased trading ‘very suddenly’ in a ‘really tough trading environment accompanied with rising costs’
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B&M boss Alex Russo to step down as chain issues another profits warning
B&M boss Alex Russo is to step down from his position at the discounter as it downgraded its profits guidance for the second time this year
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City snapshot: Just Eat set to be acquired and B&M boss Alex Russo to step down
Just Eat Takeaway has agreed to a €4.1bn offer from Dutch investment group Prosus. Plus, B&M CEO Alex Russo to step down as the discounter issues another profits warning
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Just Eat agrees to €4.1bn offer from Prosus
Just Eat Takeaway is set to be acquired by Dutch investment group Prosus for €4.1bn with a view to building a European food delivery champion
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UK brewery numbers slide by 100 in the space of a year
The dip is a significant increase on last year
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City snapshot: Food sales jump as shoppers stay home
Retail sales bounced back in January with a bigger-than-predicted rise thanks to strong growth in food stores as people ate more at home to save money, according to new official figures. Plus, consumer confidence also improved in February
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BBQ brand Lumberjaxe lands £90k offer from Dragons’ Den
Seasoning and sauces brand Lumberjaxe is planning to shake up the BBQ category after scoring an investment deal during an appearance on Dragons’ Den
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Walgreens Boots shares soar as new life is breathed into possible PE takeover
Shares in Walgreens Boots Alliance received a shot in the arm this week as speculation circulated that a potential private equity takeover of the US pharmacy giant was alive and kicking. It means a carve out of the UK high street Boots chain is once again a possibility
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Campari confirms restructure to ‘accelerate growth and profitability’
Campari said topline performance and investments had dragged on profitability
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Rude Health profits doubled prior to Oddlygood buyout
Rude Health is bucking a category slowdown in plant-based milks, which saw overall volumes drop 2% last year
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Media Bites 20 February: Trump tariff backlash, Tesco apologises over online glitch
Minutes US Federal Reserve’s January meeting revealed members of its committee believe Trump’s policies might ’hinder the disinflation process’
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City snapshot: Retailers dealt fresh blow as consumer confidence sinks further
Even Gen Z – ‘the most upbeat generation on the economy and their own finances’ – saw a drop-off in optimism
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GXO purchase of Wincanton could raise costs for supermarkets, says CMA
GXO agreed to acquire Wincanton in April 2024 but the takeover was subject to checks
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Analysis & Features
What does Ella Mills’ Allplants purchase mean for ailing plant-based category?
Ella Mills injected a much-needed dose of optimism into the ailing plant-based category last week as she picked up Allplants from administrators
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Online farmers market breaks crowdfunding target of £200k
Wylde Market operates a weekly market for fishermen, farmers, and foragers to sell directly to online customers
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Civil unrest in 2024 affected one in four businesses
Retailers and shop owners are still reeling from a series of protests and riots that took place across the UK last year
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Challenger brand ’one-stop shop’ created in multimillion-pound merger
Media agency MNC said it will create a ‘new paradigm that fuses media, advisory and venture funding’
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Arla Foods sees revenue and profit grow in ‘strong’ year
The dairy co-op saw revenues climb to €13.8bn at group level, buoyed by positive growth from its key brands
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Media Bites 19 February: UK inflation rate, knife laws, rising energy bills
Bank of England forecasters have predicted that inflation will rise to 3.7% later this year as energy prices and a series of utility bill increases add to business and household costs
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City snapshot: Food inflation rose to 3.3% in January
It was up from 2% in December as meat, bread and cereals drove the greatest price hikes. Plus, Arla publishes its annual figures