Mitsubishi admits employees falsified data on fuel economy tests in Japan April 20, 2016 Japanese car manufacturer Mitsubishi has admitted its employees falsified fuel economy tests data, but has assured that no European or UK vehicles are affected. The company confirmed that fuel efficiency tests broke Japanese rules in at least 600,000 of its vehicles, of which 157,000 part of its own-brand light vehicles and 468,000 were vehicles produced for Nissan. [...]
Government confirms it will discuss the Pubs Code with British Beer and Pub Association which has deemed key parts “unworkable” April 20, 2016 The government has said it will discuss the soon-to-be-implemented Pubs Code with the British Beer and Pub Association (BBPA), which has attacked key sections of the code as "unworkable". The Department for Business Innovation and Skills (BIS) has said it will meet with the industry body after the BBPA slammed the new statutory code last week [...]
Punch Taverns share price up seven per cent as company’s investment strategy pays off, despite falls in profits April 20, 2016 The share price of Punch Taverns, the UK's second largest pub company, has soared after the announcement of half-year results that show the company's turnaround plan is bearing fruit, despite a blow to profits. The figures Punch's share price jumped seven per cent higher to 104p shortly after the company's half-year results to 5 March [...]
Over-35s are the new binge drinkers and have discovered “prinking” according to Sheffield University research April 20, 2016 Over-35s are the new binge drinkers and are rampant pre-drinkers ("prinkers") before big nights out, new research shows. The study, published in the journal Addiction, found 30-somethings regularly reach the recommended weekly alcohol limit of 14 units on a single night out and are "loading" drinks before and after visits to pubs, restaurants and clubs [...]
Coca-Cola is ditching Coke Zero and will launch Coca-Cola Zero Sugar this summer in a £10m marketing campaign April 20, 2016 Coca-Cola will launch its latest sugar-free offering this summer to replace Coke Zero, after a consumer poll showed 50 per cent of people did not know Coke Zero contained no sugar. Coke Zero's replacement, Coca-Cola Zero Sugar, will be launched this summer with a £10m marketing campaign to highlight that the drink is a low sugar alternative to [...]
Heineken share price soars as the Dutch brewer toasts first quarter sales triumph and beats analyst expectations April 20, 2016 Dutch brewer Heineken's share price has soared after the brewer swept ahead of analyst expectations in its first quarter results, where it received one-off sales boosts from the Vietnamese and Chinese New Years and an early Easter. The figures Heineken's share price jumped 4.7 per cent to an all-time high of €86.95 this morning after the lager giant reported [...]
Camra and the British Beer and Pub Association slam government’s late night levy and call for partnership schemes between councils and police April 19, 2016 Alcohol and pub industry bodies have slammed the government's late night levy on the pub sector and urged councils and police to consider partnership schemes as a "more effective" alternative. In a report released today, the Campaign for Real Ale (Camra) and the British Beer and Pub Association (BBPA) criticised the scheme's low take-up rates [...]
Asda toasts £850k deal to stock 25 beers from 13 Scottish craft breweries, including Isle of Arran, Isle of Skye, Loch Ness and Kelburn April 18, 2016 The unstoppable cultural phenomenon that is craft beer has just ratcheted up even more mainstream support. Supermarket giant Asda has agreed a listings deal with 13 breweries to put 25 new craft beers on its shelves in Scotland, in a deal worth more than £850,000. An industry source told City A.M. that if sales in Scotland are robust and [...]
Italy and France’s “my wine is better than yours” battle goes to the top with Matteo Renzi and Francois Hollande exchanging jibes April 18, 2016 A spat has been brewing between France and Italy in a "my wine is better than yours" contest. Italian Prime Minister Matteo Renzi provoked the ire of the French last week when he claimed his country produces finer wine than France. During a press conference with Chinese billionaire and Alibaba founder Jack Ma at an Italian wine [...]