Marks and Spencer: How the high street darling keeps breaking the internet May 20, 2024 Marks and Spencer is set to report its results this week and the market is expecting a strong showing from the retailer.
The Frankfurt Airlift: Lufthansa exploring additional fresh food flights to UK December 23, 2020 Lufthansa have offered special cargo flights for fresh fruit and vegetables into the UK as firms try to beat the chaos at Dover. Up to 3,000 lorries remain stuck at the Kent port despite an agreement being struck to allow hauliers with negative Covid-19 tests to cross the channel. Supply chains across the continent have [...]
Compass Group snaps up Kew Gardens catering rival for £475m January 22, 2024 Contract caterer Compass Group has entered into a £475m takeover deal of a rival firm, which provides hospitality services for the likes of Kew Gardens and the Royal Opera House.
Junk food ad ban could harm Covid recovery, warns hospitality chief January 28, 2021 Plans to roll out a total ban on junk food advertising could hamper the hospitality industry’s recovery from the pandemic, a top industry boss has warned. Kate Nicholls, chief executive of UK Hospitality, described the government’s decision to press on with consultations during lockdown as “tin-eared” and warned any new laws would deal a fresh [...]
Deliveroo targets £9bn market cap in London listing as food order values more than double March 22, 2021 Deliveroo is targeting a market capitalisation of almost £9bn through its upcoming public listing, the food ordering app announced this morning as it revealed transaction values had more than doubled at the beginning of the year. The firm this morning unveiled further plans for its London initial public offering (IPO), setting the price range for [...]
Taking ‘real action’: InPost founder Rafal Brzoska sends 500 tonnes of humanitarian aid to Ukraine April 25, 2022 One of Poland's richest men Rafal Brzoska sent a train carrying over 500 tonnes of food and medical supplies to Ukraine this weekend, in what he calls taking "real action".
Marks and Spencer shares surge to the top of the FTSE 100 as it smashes analyst expectations May 22, 2024 Marks and Spencer has beaten analysts' expectations, posting a 58 per cent jump in profit before tax for the full year, as chief Stuart Machin reaps the benefits of the high street darling's turnaround plans.
Investors round on Unilever’s ‘health blind spot’ in fresh wave of attacks January 20, 2022 Unilever has come under fire from a group of leading investors for its unhealthy food products, following a week of intense criticism.
Retail sales stagnant in March despite improving prospects for UK economy April 19, 2024 A survey from Deloitte, released today, showed that consumer confidence had reached its highest level in two years.
Why inflation staying stuck at four per cent is actually good news February 14, 2024 The fact that the headline rate of inflation remained steady in January despite these increases points to stronger than anticipated disinflationary pressures elsewhere.