McDonald’s profit up – but costs rise April 21, 2011 McDonald’s reported a higher-than-expected quarterly profit as the world’s largest restaurant company posted March sales that topped analyst expectations. But the company’s profit margin took a hit because of rising food and paper costs, and it increased its inflation forecasts. It said it now expects food costs to rise between 4 and 4.5 per cent [...]
We’re the 100 per cent because we all pay tax January 9, 2012 DEBATES about tax can be pretty taxing – as two recent examples of both sides of the debate embellishing the facts to create outrage out of nothing clearly show. In a recent report, Action Aid found that 98 per cent of FTSE 100 companies had subsidiaries that operated within a tax haven. There are problems [...]
Struggling to choose a luxury car? Then ask the dealer for a holiday March 29, 2012 BUYERS of luxury cars are faced with more choice than ever before. To differentiate themselves, the car companies have started offering something extra to entice would-be customers. Most of the big luxury car marques offer driving trips to their customers, giving them the chance to tour a variety of stunning locations in their new car. [...]
FOOD & BOOZE NEWS November 28, 2011 POILANE OPENS ALL-DAY VENUE Artisan bakery Poilâne has launched its first dining venue in the UK. The Cuisine de Bar by Poilâne at 39 Cadogan Gardens hopes to attract customers already familiar with its renowned chain of Parisian bakeries. Open until 8.30pm, it promises to serve wine as well as its famous bread and coffee [...]
Subway to create 6,000 new UK jobs January 26, 2012 SUBWAY, the sandwich franchise chain, has announced ambitious plans to open over 2,000 stores in the UK and Ireland over the next three year, creating more than 6,000 jobs. The company, which is famous for its US-style foot-long rolls, said its expansion plans were fuelled by a growing consumer demand for “convenient, affordable” food on [...]
New Europe drama closes Wall Street’s winning run January 24, 2012 US stock edged lower yesterday, ending a five-day rally for the Standard & Poor’s 500, as talks to resolve Greece’s debt crisis hit a snag and earnings from a number of blue chips disappointed. Greece moved closer to the possibility of a chaotic default as talks to restructure the country’s debt stalled. However, the US [...]
New Europe drama closes Wall Street’s winning run January 24, 2012 US stock edged lower yesterday, ending a five-day rally for the Standard & Poor’s 500, as talks to resolve Greece’s debt crisis hit a snag and earnings from a number of blue chips disappointed. Greece moved closer to the possibility of a chaotic default as talks to restructure the country’s debt stalled. However, the US [...]
GOLDEN ARCHES STILL SHINING December 8, 2011 McDonald’s last night reported a bigger-than-expected rise in November sales at established restaurants across the board. The world’s biggest hamburger chain said sales at restaurants open at least 13 months rose 7.4 per cent globally. In Europe, where the chain derives 40 per cent of revenue, same-restaurant sales rose 6.5 per cent.
Olympic Media Buzz LONDON 2012 PARTNERS November 27, 2011 IN ASSOCIATION with Repskan.com, the media monitoring and analytics platform, City A.M. is measuring the relative Olympic media buzz around the partners for the London 2012 Olympic and Paralympic Games, week by week. The leaderboard, right, reflects their ranking over the past week, in this case from Wednesday 16 November to Wednesday 23 November. Recently, [...]
Test your wits with our quiz December 22, 2011 1. In a Which? magazine blind taste test of champagnes by experienced champagne tasters, Moet & Chandon’s Brut NV, priced at £30.99, received a score of 74%. But which of the following champagnes received the highest score of 85%? a. Veuve Clicquot Yellow Label Brut NV (£34.49) b. Lanson Black Label (£31.99) c. Morrisons Brut [...]