GSK: Cancer claims plague pharma giant as it settles another Zantac case February 29, 2024 GSK has reached another confidential settlement in a Californian lawsuit that had alleged its best-selling indigestion drug, Zantac, was carcinogenic.
Fast food bosses urge Rishi Sunak to put in place new support schemes September 23, 2020 The bosses of some of the UK’s largest restaurants have tonight written to chancellor Rishi Sunak urging him to provide more support for the sector after new coronavirus measures were put in place yesterday. In the letter, the chief executives of fast food giants such as Itsu, KFC and Pizza Hut, along with takeaway service [...]
Asda chairman says supermarkets owed ‘debt of gratitude’ as he snubs profiteering claims September 5, 2023 Asda’s chairman said supermarkets are owed a “great debt of gratitude” as he rebuffed claims that the grocer is profiteering from rising petrol and food prices amid the cost of living crisis. Speaking to LBC, Stuart Rose said that all retailers have seen their profits over the last year go “backwards”. “If you look at [...]
Bread, beef, watermelon and salad dressing: Waitrose joins supermarket war cutting price of 200 products June 12, 2023 Waitrose has slashed the price of more than 200 products as part of a £100 million investment plan to lower customer bills. The supermarket has cut the cost of more than 100 products by at least 10 per cent , with everyday items such as bread and mince receiving some of the biggest reductions. The [...]
Where to watch the Rugby World Cup in London October 5, 2023 It is the final weekend of fixtures in the pool stages of this Rugby World Cup and bars and pubs across London are waiting to be graced with your presence. Here’s where City A.M. are watching this weekend. Tyrwhitt Arms Charles Tyrwhitt, whose ambassadors include former England internationals Matt Dawson and Jason Robinson, occasionally open [...]
Nestle: Kit Kat and Nescafe maker’s sales below par as inflation hits demand February 22, 2024 Nestle, the Kit Kat and Nescafe coffee maker, reported lower than expected sales for the full year, as high inflation continued to impact customer demand.
Bank of England ditches any threat of recession in biggest GDP upgrade since 1997 independence May 11, 2023 Any threat of a recession in Britain this year and over the medium term has today been scrapped by the Bank of England in what was the largest upgrade to the central bank’s GDP projections since it was made independent in 1997. The UK economy is now tipped to broadly flatline this year and start [...]
Can Sainsbury’s flat earnings squash profiteering claims? November 2, 2023 Sainsbury's has been ramping up its loyalty Nectar card scheme so that shoppers can get discounts on their groceries during a period of high inflation.
Greggs reports bumper sales growth as consumers snap up iced drinks May 14, 2024 Greggs has continued to grow in the first few months of 2024.
JustEat: Takeaway orders tumble due to spending pullback but profit outlook raised March 1, 2023 Online food delivery firm Just Eat Takeaway.com has said it returned to underlying earnings last year and expects to remain profitable in 2023 despite seeing a drop in orders as customers cut back. The Amsterdam-based group swung to underlying earnings of 19 million euros (£16.7 million) last year from losses of 350 million euros (£308 [...]