Cake maker Finsbury Foods sees profits slip after bakery closure September 17, 2018 Cake maker Finsbury Food group took a £12m hit which saw its profits sink after closing a West London bakery that was losing money. The AIM-listed company shut the doors of its Grain d’Or bread bakery in Harlesden after a tripling in the price of butter, which makes up 30 per cent of the ingredients [...]
Shares up after toymaker Hornby signs Warner Bros deal to use Harry Potter and DC superheroes franchise September 17, 2018 Shares in model railway manufacturer Hornby jumped more than 30 per cent this morning as it was announced the collectables group signed an agreement to create products using the Harry Potter and DC superheroes franchise. The agreement with Warner Bros will allow the company to release model railway and slot car sets under the Hornby Railways, Scalextric and [...]
Shares up after toymaker Hornby signs Warner Bros deal to use Harry Potter and DC superheroes franchise September 17, 2018 Shares in model railway manufacturer Hornby jumped more than 30 per cent this morning as it was announced the collectables group signed an agreement to create products using the Harry Potter and DC superheroes franchise. The agreement with Warner Bros will allow the company to release model railway and slot car sets under the Hornby Railways, Scalextric and [...]
Lidl set to open 38-acre warehouse in Leeds September 17, 2018 Budget supermarket Lidl has announced it will open a new, 38-acre warehouse site in Gildersome, Leeds, as part of its plans for long-term expansion. The new location will operate as a regional distribution centre for the company, and is expected to create around 500 jobs. Lidl is currently undertaking a £1.45bn expansion, with 16 distribution [...]
Lidl set to open 38-acre warehouse in Leeds September 17, 2018 Budget supermarket Lidl has announced it will open a new, 38-acre warehouse site in Gildersome, Leeds, as part of its plans for long-term expansion. The new location will operate as a regional distribution centre for the company, and is expected to create around 500 jobs. Lidl is currently undertaking a £1.45bn expansion, with 16 distribution [...]
Toke-a-cola? Coke reportedly in talks with cannabis company September 17, 2018 Coca-Cola is reportedly in talks with Canadian legal marijuana company Aurora Cannabis to develop cannabis-infused drinks. According to Bloomberg, Coca-Cola and Aurora are in “serious talks” over the development of drinks that would contain cannabidiol, known as CBD, a non-psychoactive cannabinoid that is credited with various health benefits. Read more: High times: The City gears [...]
Toke-a-cola? Coke reportedly in talks with cannabis company September 17, 2018 Coca-Cola is reportedly in talks with Canadian legal marijuana company Aurora Cannabis to develop cannabis-infused drinks. According to Bloomberg, Coca-Cola and Aurora are in “serious talks” over the development of drinks that would contain cannabidiol, known as CBD, a non-psychoactive cannabinoid that is credited with various health benefits. Read more: High times: The City gears [...]
Unilever shareholder threatens to vote down Dutch headquarter move September 17, 2018 Unilever's plan to move its headquarters from London to the Netherlands and be removed from the FTSE 100 was sharply criticised by a top shareholder today. Top 20 investor Aviva, which holds around a 0.6 per cent stake in the company, said it would vote against the move, which requires 75 per cent of shareholders to be passed. Read more: [...]
Unilever shareholder threatens to vote down Dutch headquarter move September 17, 2018 Unilever's plan to move its headquarters from London to the Netherlands and be removed from the FTSE 100 was sharply criticised by a top shareholder today. Top 20 investor Aviva, which holds around a 0.6 per cent stake in the company, said it would vote against the move, which requires 75 per cent of shareholders to be passed. Read more: [...]
Slug and Lettuce owner toasts World Cup and Be At One acquisition after record quarter September 17, 2018 Slug and Lettuce owner Stonegate has reported a record a quarter due to the World Cup and said growth would continue after acquiring a portfolio of Be At One cocktail bars. The company, which also owns Walkabout and Yates said it sold 4.5m pints over the course the tournament, with a peak of 367,000 during [...]