Labour City plans like ‘dog food lasagne’: Tories mount defensive in battle for the Square Mile January 31, 2024 The former City minister claimed Labour’s plans for the City are like “dog food lasagne” today as the government looked to fight off a major Rachel Reeves charm offensive on the Square Mile.
Heather Mills hits back after striking rescue deal for collapsed vegan food firm VBites January 22, 2024 Heather Mills's vegan food business owed more than £10m when it collapsed into administration at the end of 2023, new documents have revealed.
Yo! Sushi owner sold to Japanese food giant in £500m deal June 13, 2023 The business behind restaurant chain Yo! Sushi has been bought by one of Japan’s biggest food companies in a deal worth almost half a billion pounds. Mayfair Equity Partners said it sold its stake in Snowfox Group to Zensho Holdings for $621m (£494m). The deal sees the Japanese giant gain a company which owns several [...]
Shift from frozen to chilled food widens losses at Covent Garden Soup and Linda McCartney’s maker May 2, 2024 The maker of Covent Garden Soup and Linda McCartney's vegetarian food said customers switching from frozen to chilled food hit its sales and contributed to its widening losses during its latest financial year.
Food shortages heap more pressure on struggling restaurants and cafes February 26, 2023 British restaurateurs have said shortages of fruits and vegetables are proving “very problematic” for business amid an already challenging period for the sector. “We’re experiencing mass shortages with the supply of fruit and vegetables. We are struggling to get avocado and berries in particular,” Philip Inzani, founder of Polo 24 Hour Bar, a cafe and [...]
Food inflation lowest level since last August, as supermarket price wars pay off October 3, 2023 The rate at which food prices increase has fallen to 9.9 per cent in September, down from 11.5 per cent the prior month, and the lowest level since last August, in the latest signal that cost of living pressures customers face at the till are beginning to ease. Shop price annual inflation is now also [...]
Festive, err, fun: The best (and worst) Christmas food from Tesco, Sainsbury’s, Amazon, Pret and more December 12, 2023 We've ranked the best (and worst) Christmas food available in supermarket
Supermarket meal deals help convenience food maker Greencore deliver solid revenues July 25, 2023 Convenience food maker Greencore has said the number of sandwiches sold as part of supermarket meal deals has reached record highs as it reported solid quarterly revenues. The Irish business, which supplies sandwiches and sushi to the likes of M&S and Waitrose, said 52 per cent of supermarket sandwiches are now bought as part of [...]
The Notebook: Kokou Agbo-Bloua on fashionomics, inflation musings and our broken food system July 25, 2023 Where interesting people say interesting things. Today it’s Kokou Agbo-Bloua, global head of economics, cross-asset & quant research and UK head of research at Societe Generale Fashionomics: The Good, The Bad and The Ugly Since the dawn of time, clothing has been an important part of our human experience. We lost our fur at least [...]
Premier Foods shares soar after £33m windfall from suspending pension deficit payments early March 6, 2024 Premier Foods said it reached an agreement with the RHM Pension Scheme Trustee to suspend the contribution from 1 April.