Princes: Branston, Batchelors’ and Flora maker sold to Italian giant in £700m deal May 27, 2024 Food and drink group Princes is to be acquired by an Italian giant in a deal worth £700m, it has been confirmed.
Taco Bell ‘on fire’ as Mexican fast-food chain gears up for 100th UK site June 16, 2022 “We’re on fire” is how Taco Bell International’s president Julie Felss Masino described the Mexican fast food chain’s rollout to CityA.M. After launching 50 sites in the UK over the past decade, the US-based firm has expanded by another extra 50 sites in just the past 18 months. The chain, a subsidiary of Pizza Hut [...]
Inflation to continue falling despite rising energy prices, experts predict October 15, 2023 Falling food prices are expected to help bring down the annual rate of inflation in September.
Ex-Magic Circle lawyer who injected food with blood found not guilty by reason of insanity May 8, 2022 A London lawyer, who caused £500,000 worth of damage by injecting his own blood into food in supermarkets, has been found not guilty by reason of insanity. Leoaai Elghareeb, 37, was found not guilty, after he entered three supermarkets – Sainsbury’s Local, Tesco Express, and Little Waitrose – on Fulham Palace Road carrying a bucketful [...]
Victoria Scholar: Women and youngsters the biggest winners amongst retail traders January 26, 2024 Victoria Scholar on the winners and losers amongst traders, Premier Foods' mince pie success, and much more
MPs warn of further food price hikes unless labour shortages are ‘resolved swiftly’ April 6, 2022 More grocery price increases are on the horizon unless the government intervenes to solve worker shortages, MPs have warned. Brits have faced bare supermarket shelves in the past eighteen months as various businesses were hammered by worker shortages. Now, the government must urgently take action and change immigration policy in order to alleviate pressure on [...]
Hilton Food Group revenue surpasses £3bn amid vegan and vegetarian boom April 6, 2022 Hilton Food Group’s revenue has surpassed its pandemic figure, due in part to the boom in vegan and vegetarian food demand. Revenue jumped more than 21 per cent to £3.3bn in the year to 2 January, up from £2.7bn in 2020, according to the group’s preliminary results today. Growth in its protein categories fuelled the [...]
Uber ups profit guidance as ride-hailing and food delivery continues to boom March 7, 2022 Shares in Uber have climbed nearly four per cent in premarket trading this morning, with the tech giant raising its first-quarter profitability guidance thanks to a record number of cab journeys and booming food delivery orders. Uber said in a filing that it now expects adjusted earnings before interest, taxes, depreciation and amortisation of $130m (£98m) to [...]
UK electricity bills to stay at double historic average despite expected easing January 9, 2024 Nearly 1 in four Brits will be cutting back on food, clothing or leisure activities to pay for electricity bills
Heather Mills makes first acquisition since rescuing her vegan brand July 8, 2024 Heather Mills has made her first acquisition since rescuing her vegan food business earlier this year.