Turnaround time for struggling food giant July 12, 2019 | City Talk By Rodney Hobson from interactive investor. The proof of the pudding lies with a new chief who looks set to sell off poor performers to boost spending on premium lines. A heavy burden lies on the shoulders of Miguel Patricio, who took over as chief executive officer of food and beverage giant Kraft Heinz (NASDAQ:KHC)last month. The reputation of [...]
In the case of sugar, the nanny state really does know best July 11, 2019 Boris Johnson created a furore last week by announcing that he was considering getting rid of the so-called sugar tax. Was he right to question the levy, or does it serve a purpose? Introduced in April 2018, manufacturers now have to pay more tax if their drinks contain a high amount of sugar. The producers [...]
Why Ocado shares have been chased sharply higher July 9, 2019 | City Talk A costly warehouse fire hasn’t dented enthusiasm for the shares. Our head of markets explains. Ocado (LSE:OCDO) transformation from online retailer to cutting-edge technology provider remains clear for all to see. The Andover fire in February was an unwelcome distraction and has come at a cost both in actual terms as well as in lost [...]
High-yielding Greene King shrugs off weather warning July 4, 2019 | City Talk Bad weather is bad news, but the dividend is attractive and Greene King typically excels in winter. On balance, Greene King (LSE:GNK) full-year numbers edge into the “glass half-full” category, as the pub owner and brewer continues to extract value from its brand and estate. Apart from a healthy return on capital of 8.5 per cent, Greene King [...]
Are labelling rules about designation of origin just a form of protectionism? July 3, 2019 Are labelling rules about designation of origin just a form of protectionism Matt Kilcoyne, head of communications at the Adam Smith Institute, says YES. Loyalty is not won by being first. Nor should it be won by locking out competitors by law. It is won by being best. Brand matters. This is not the case [...]
Kalifornia Kitchen review: Vegan health food in the heart of London June 25, 2019 Walking into Kalifornia Kitchen is like slipping through a Goodnight Sweetheart portal, except rather than arriving in World War Two you’ve been teleported across the Atlantic to Venice Beach, as seen through an Instagram filter. It’s as though this healthy-eating vegan diner has been surreptitiously airlifted from the West Coast to Tottenham Court Road in [...]
Weekly Grill: Kebab Queen chef Manu Canales on his best ever meal and accidentally eating finger nail clippings June 25, 2019 Who are you and what do you do? I am Manu Canales, and you can find me cooking at Kebab Queen in Covent Garden. For as long as I remember, I’ve been fascinated by food, which is the reason I became a chef. Tell us about Kebab QueenIt’s the icing on the cake of our [...]
Biff’s Jack Shack review: Unapologetically filthy vegan burgers June 18, 2019 Vegan food is at the literal bleeding edge of culinary science, but before there were heme-infused burgers, pea protein mince and steaks made of specially cultivated soy chunks pounded into the vague shape of a cow by a man in a lab coat, there was the humble jackfruit. The flaky, stringy, melting flesh of the [...]
The Weekly Grill: Federico Casali talks dogs and the worst thing he’s ever put in his mouth June 18, 2019 Who are you? I’m a 33-year-old easy-going Italian, born with a passion for food and cooking. I could never imagine being anything other than a chef. My style of cooking is fairly experimental but I still make sure that tradition and culture are respected through my dishes. I like to bring back forgotten ingredients and [...]
Flamboree review: The tarte flambée touches down in London June 11, 2019 The first tarte flambée restaurant in London, Flamboree! has got an exclamation mark right there in the name, meaning you’re obliged to shout it out of a window or pop a balloon every time you say it. But let’s not get too far ahead of ourselves: what exactly is a tarte flambée? And why should [...]