Wiston Estate: A vineyard retreat in Sussex with food to die for May 24, 2023 With the South West having already claimed the title “English Riviera”, the South East is hoping to become the British equivalent of the Champagne region. With more than 50 vineyards spread across the county, Sussex is the UK’s top wine producing region, home to top houses including Nyetimber and Ridgeview. Located within easy travelling distance [...]
Tesco cuts price on 30 own brand products including pasta and oil as supermarket wars continue May 16, 2023 Tesco has announced another round of price cuts on its own-brand pasta and cooking oil as it sees deflation making its way through to cupboard essentials. The UK’s biggest supermarket is dropping the price of 30 products, with 15p off 500g and 1kg packs of own-brand pasta, 14p off its one litre vegetable oil and [...]
British farmers to be given greater protections in future trade deals May 16, 2023 Farmers are to be given greater protections in future trade deals as part of a package of measures unveiled ahead of a No 10 food summit. Downing Street said the government’s initiatives, as well as putting greater emphasis on farmers’ interests during international trade negotiations, include reviewing supply chains to ensure producers are getting a [...]
Domino’s takeaway: Pizza chain announces £20m share buyback as UK sales soar May 4, 2023 UK consumers shrugged off inflation and a cost of living crisis to order more pizza, according to UK and Irish-based chain Domino’s. The fast food chain said sales increased to £386.6m across its branches, up 5.6 per cent compared to the same period last year. Quarterly orders at Domino’s Pizza group grew 2.8 per cent [...]
Coca-Cola HBC’s revenue fizzes almost 25 per cent – but Russia exit still hurts a year on May 3, 2023 Coca-Cola HBC AG, the bottling company of the soft drink giant, reported strong revenue growth at 22.2 per cent, but it continues to take a hit from withdrawal of its business in Russia last year. Net sales revenue were up 24.4 per cent, but the firm stated that foreign exchange movements, particularly currency devaluation in [...]
Unilever makes mayo from food inflation as Ben & Jerry’s owner sales soar April 27, 2023 Unilever, owner of Ben & Jerry’s and Hellman’s Mayonaise, has raised its expectations for the rest of the year after strong sales off the back of rising prices. The conglomerate which deals in everything from beauty products to homeware and nutrition to ice cream, reported underlying sales growth was up 10.5 per cent to almost [...]
Grocery inflation dips by just 0.2 per cent as Aldi now has a tenth of the market April 25, 2023 Grocery price inflation dipped slightly in April – but consumers are still paying 17.3 per cent more than this time last year, figures show. Kantar warned that the fall from last month’s 17.5 per cent only meant that prices were not increasing as quickly after 10 months of double-digit growth. As consumers continued to find [...]
Prezzo shuts 46 branches including four in London as 810 jobs put at risk April 24, 2023 Prezzo will shut 46 loss making sites across the UK including three in London and place 810 workers at risk of redundancy, as soaring energy and a hike in food costs rattle the business. The Italian restaurant chain, which is owned by private equity firm Cain International said that the closures will impact sites where [...]
Quiche is no Coronation dish – a corgi could have chosen better April 23, 2023 Oops, I’ve let my imagination gets the better of me. Deep in my subconscious mind, I’m desperately ravaging a Beef Wellington; my ever-sweet tooth eager to tuck into the final course of an imaginary feast and scoff the non-existent Peach Melba that doesn’t await me. Already I’m regretting the invented brunch of omelette Arnold Bennett [...]
Nestle: KitKat maker facing activist investor calls to make food healthier April 20, 2023 KitKat and Shreddies maker Nestle is facing calls from a global coalition of investors to set targets to make its food healthier. The group of 26 investors, which is responsible for more than 3 trillion US dollars (£2.64 trillion) of assets, is urging the food giant to ramp up its health performance and play its [...]