Demand picture for shipping ‘far worse than we had foreseen,’ analysts warn July 26, 2023 The demand picture for container shipping is “far worse” than predicted, analysts have warned, as the sector struggles with an oversupply of vessels ordered during the pandemic-era shipping boom. “There’s a really, really punishing demand environment and at the same time, they’re just not doing enough to reduce the amount of available capacity in the [...]
UK economy in ‘early stages of recovery’ as families shrug off inflation and interest rate hikes April 21, 2023 Britain’s economy could be in the early stages of a recovery, with consumers holding up pretty well under the pressure of high inflation and interest rate increases, a closely watched survey out today indicates. Families’ outlook on how well the economy will perform over the coming year is improving, while confidence in their own personal [...]
Smokestak’s David Carter reveals his favourite London dining spots August 4, 2022 Born and raised in Barbados, open fire cooking specialist Carter moved to London in 2008 to work with Gordon Ramsay, first at Claridge’s then the Savoy Grill. After a stint at Roka he opened Smokestak in 2013, inspired by a barbecue pilgrimage around the southern states of America. After a series of successful pop-ups, he [...]
Seeing is Believing for Boughey and Bentley April 26, 2024 NO BRITISH-trained horse has ever won the Group One Chairman’s Sprint Prize (Sunday, 7.50am), but that isn’t stopping trainer George Boughey and owners Highclere having a crack at the £2.2 million pot with four-year-old filly Believing. The daughter of Mehmas finished a close third in the Haydock Sprint Cup last September following a Group Three [...]
At New York’s highest Midtown restaurant, the best dish is vegan August 31, 2023 The waiter had persuaded us to get the tuna. It’s understandable. We’ve all spent our lives being conditioned that meat and fish is best. But at Midtown New York’s highest restaurant, the vegan food shouts loudest. Peak restaurant opened during the pandemic on the 101st floor of 30 Hudson Yards, the tallest building within New [...]
Fast food fears: Warning of Christmas shortages if 600 supply workers strike October 18, 2022 There could be major food shortages this Christmas at many of Brits’ favourite eat-outs due to strike action. Almost 600 workers for Bestfood, which delivers fresh produce to some of the country’s most-loved chains, are threatening industrial action. The workers are members of the GMB Union, and “bust a gut” to keep outlets such as [...]
Food shortage: Tomatoes are back on the menu as supermarkets begin to lift customer limits on fruit and veg March 10, 2023 Supermarkets have started to drop customer limits on buying certain fresh fruit and vegetables as food shortage issues that led to widespread shortages begin to ease. Asda confirmed it had removed limits of three on cucumbers, lettuce, salad bags, broccoli, cauliflower and raspberries, leaving restrictions of three on just tomatoes and peppers. The supermarket said [...]
The week that was: Cocoa price squeeze as UK equities’ struggles continue March 30, 2024 We recap another busy week in the City which in which we saw cocoa prices sky rocket, Flutter fly away and left Thames Water on the brink.
Piece of Cake: Lockdown treats boost revenue 30 per cent at Cake Box November 23, 2020 Specialist dessert retailer Cake Box saw shares spike almost four per cent this morning, as it announced group revenue jumped just under a third in the first half of 2020. The cream cake specialist said group revenue hiked 30 per cent to £8.6m in the 20 weeks to 30 September — up from £6.6m in [...]
Retail sales: Shoppers feeling the love in lead up to Valentine’s Day not enough to protect sector from ‘volatile trading conditions’ March 7, 2023 Shoppers scrambling for gifts in the lead up to Valentine’s Day helped boost retail sales in February, however the sector has warned that it’s still facing “volatile trading conditions”. According to figures published by the British Retail Consortium (BRC), UK total retail sales increased by 5.2 per cent in February as consumers showed they were [...]