‘He has done a brave thing’
Monthly Archives: January 2008
Britvic says first quarter revenues up
Soft drinks group Britvic said on Wednesday it was set to meet full-year forecasts as it posted a 31 percent rise in first-quarter revenues, largely as the result of an acquisition in Ireland.
Irish acquisition lifts Britvic sales
Soft drinks firm Britvic said it is confident to meet full year expectations as it posted a 31% jump in quarterly revenue helped by its Irish acquisition, though UK sales again struggled.
London midmorning: Losses trimmed
Losses narrowed in London as index heavyweight Vodafone held onto decent gains, while miners either inched higher or trimmed deficits.
London midday: Blue chips slip back
London’s blue chips are sliding again having attempted a rally mid-morning. Housing-related stocks are down as mortgage approvals hit a record monthly low in December.
London afternoon: Footsie struggles on
Upbeat miners and a big performance from TUI Travel are helping London limit losses, although more dreary housing data has hurt housebuilders.
London close: Down day for Footsie
With no help from a gloomy Wall Street, London finished the session in downbeat fashion as banks found the going tough and negative broker comment tripped other blue chips.
Industry angered over EU labelling rules
The European Union’s health chief overcame intense industry pressure on Wednesday to propose stricter food labelling rules that aim to halt Europe’s rising levels of obesity.
Diageo to buy Rosenblum Cellars
Diageo , the world’s biggest alcoholic drinks maker, said on Monday it had agreed to buy Californian wine maker Rosenblum Cellars for $105 million (53 million pounds).
Barr’s FD and operations director to retire
Scottish soft drinks group AG Barr announced that finance director Iain Greenock and operations director Alan Bibby will retire early in the 2008/09 financial year.