Inflation drops to two per cent ahead of Bank of England interest rate decision June 19, 2024 Even though inflation has returned to near the two per cent target, the Bank of England is very unlikely to cut interest rates tomorrow.
Exclusive: London food hall Mercato Metropolitano to raise £5m to fund international expansion January 28, 2021 London street food market Mercato Metropolitano is aiming to raise up to £5m in a funding round in the coming months. The firm, which this week announced it will open three new sites in the capital in 2021, will raise capital in the second quarter after its plans were delayed due to coronavirus. City A.M. [...]
Primark results: ABF investors to see if digital push paid off September 11, 2023 Primark owner ABF is set to publish its full year update tomorrow, with investors keen to see if the budget favourite will continue to impress.
The Co-op lowers prices as it eyes ‘golden era’ January 24, 2024 The Co-op has revealed plans to grow its membership to eight million by the end of the decade as it eyes a "golden era of co-operation".
Trust in supermarkets at 10-year low like ‘dark days of horsemeat scandal’ August 29, 2023 Trust in supermarkets has plunged to its lowest level in nearly a decade as consumers continue to worry about high prices, despite food inflation showing signs of easing. In August the grocery sector received a trust score of +30 -on a scale of -100 to +100 -from British shoppers, a new study by Which? revealed [...]
Retailers urge rethink on net zero ‘grocery tax’ as public blame Brexit for rising costs June 4, 2023 Top retailers have urged the government to rethink plans for green levies to fund the recycling of food packaging in a bid to avoid a further rise in spiralling food costs. The British Retail Consortium (BRC) has warned the scheme, dubbed the ‘net zero grocery tax’, could push up shopping bills by up to £4bn [...]
Gousto eyes return to profit after slashing jobs in the wake of post-pandemic losses September 14, 2023 Gousto, the recipe box delivery service, has said it is on track to return to profit this year, following a year of losses fuelled by soaring inflation and economic headwinds. But losses for the business, whose backers include wellness guru Joe Wicks, widened to £157.6m in 2022, against £19.9m a year earlier, blamed on spiralling [...]
Artificial sweetener aspartame used in drinks like Diet Coke is ‘possible’ cause of cancer – WHO July 14, 2023 An artificial sweetener used in thousands of products including diet fizzy drinks, ice cream and chewing gum has been ruled a “possible” cause of cancer by the World Health Organisation (WHO). But a panel of experts has said the sugar substitute aspartame is safe in limited quantities. In a report released late on Thursday, the [...]
It’s official: Halloween costumes spotted in London include bedbug outfits October 31, 2023 Halloween costumes spotted in London include bed bug outfits with french onions swinging from their necks
Massive London Christmas market to open with incredible events, DJs and cocktails October 26, 2023 The Between the Bridges Christmas market and events space opens in November and runs until just before Christmas