Lidl to invest £4bn in British food businesses in a move it claims will provide its suppliers with ‘security’ and ‘certainty’ January 30, 2023 Lidl has revealed plans to invest £4bn into British food businesses this year, as it charges ahead with growth plans. Lidl GB, the British arm of the German retail group, said it would accelerate the spending plans it announced in 2019. Lidl GB had committed to a £15bn investment in the British food industry between [...]
Straits Kitchen at the Pan Pacific hotel is great for Chinese wine January 28, 2023 If you’ve read about the rise of Chinese wine and are looking to explore its rise then there’s nowhere better than Straits Kitchen in the Pan Pacific Hotel. Sommelier Francois Bertrand is passionate about providing wines to fit their Asian menu, believing the variety and quality from China will surprise and delight. What unfolded over [...]
Why Chinese wine is so hot right now January 27, 2023 Sunday marked Chinese New Year, an excellent reason to sample some of the country’s incredible wines. Despite making wine for over 2,000 years, it is only relatively recently that winemaking has increased and started filtering into the UK’s market. “Wine is becoming popular because younger people are more influenced by Western tastes, and grape wine [...]
A happy Burns week for whisky producer with new boss to build on growth January 24, 2023 Leading whisky producer The Artisanal Spirits Company has announced a shake-up in management as the company reports strong growth in 2022. Among the changes is managing director David Ridley, who is stepping down from his role after six years of constant revenue growth. Taking over the CEO position is Andrew Dane, who joined the company [...]
City Pub Group: Rail strikes cost us nearly £1m in lost sales January 24, 2023 The City Pub Group reported a boost in trading over the festive period, and said sales would have been stronger if it weren't for the rail strikes.
Exclusive: London-based Peckwater Brands swallows competitor to become largest virtual food brand in Europe January 24, 2023 Peckwater Brands has acquired its chief competitor eatclever, making it the largest provider of virtual food outlets in Europe. The acquisition has seen Peckwater scooping brands like taste&soul, KoChi and Chicos from its health food-focused competitor, expanding its reach into Germany, Austria and Switzerland in the process. The terms and price of the deal are [...]
Chapel Down shows English wine still has its fizz with bumper results January 23, 2023 The world is waking up to sparkling wine from England, new results from flagship brand Chapel Down suggest. A new trading update from the Kent-based wine producer reports a 164 per cent increase in exports, indicating a growing market for English sparkling wine overseas. Domestic revenues paint a similarly rosy picture, with off-trade sparkling wine [...]
KERB: How London street food giant behind Seven Dials Market aims to make Berlin taste better January 23, 2023 The London street food favourite behind Seven Dials Market, KERB, is expanding via a venue in Berlin’s famous Potsdamer Platz. German foodies will be able to indulge their palates across a two-story street food market which is set to open in the Sony Centre by next year. The market will showcase 12 independent food vendors [...]
Cocktail of costs: How inflation is expected to squeeze spirit-maker Diageo’s sales and profit despite Christmas boost January 20, 2023 Spirits giant Diageo is expected to report a slowdown in sales and profits next week as consumer spending steadies. However, analysts have predicted that the Johnnie Walker and Baileys maker could deliver a resilient showing when it reveals its half-year update to shareholders on Thursday, January 26. A consensus of analysts have predicted that the [...]
Having your cake and eating it! Three lucky winners receive sweet treats in City A.M. competition January 19, 2023 Three lucky City workers received yummy cakes from award-winning London bakery Cutter and Squidge after teaming up with City A.M. The special delivery to three Square Mile workers took place after this paper ran a competition in response to comments by the boss of the food regulator about cakes. And we take these things very personally. [...]