Grenade: We invented ‘good’ protein bars June 16, 2025 It is difficult to walk around a supermarket without being screamed at by a collection of very similar labels on very different aisles: High-protein yogurt! Protein powder bread! All natural high-protein ketchup! As the final social-media-endorsed macronutrient standing, protein’s stock has soared from a good-to-have to a must-buy in the last decade. Somewhat inexplicably, Marks [...]
Nationwide to Greggs: King’s honours list champions UK business leaders June 14, 2025 Entrepreneurs and company chiefs in tech, recruitment and banking have been recognised for their contributions to UK business in the King’s birthday honours. Microsoft UK boss Clare Barclay and ceramics founder Emma Bridgewater, dubbed the “queen of pottery”, received damehoods for services to business. Nationwide chief executive Debbie Crosbie, who led a £2.3bn takeover of [...]
Aldi denied permission to appeal Thatchers court ruling June 12, 2025 Aldi has been denied permission to appeal against a court ruling that it infringed on the British cider brand Thatchers’ trademark with its cloudy lemon cider product. The Court of Appeal found against the discount supermarket giant in January after the family-owned cider maker launched a legal battle in 2022. Thatchers claimed that the supermarket [...]
Tesco is tightening its grip on the UK supermarket crown June 12, 2025 Tesco has boosted market share again as it outperforms peers in the ever-more competitive UK grocery space. In its first-quarter results this morning, the supermarket giant reported a 5.9 per cent uplift in food sales and a 6.2 per cent rise in home and clothing sales. Tesco now has 28 per cent of the UK [...]
Group owned by Dragons’ Den star Touker Suleyman makes just £3,000 profit June 12, 2025 A fashion brand owned by Dragons’ Den star Touker Suleyman made a profit of just £3,000 as it returned to the black in 2024, it has been revealed. The company behind Low Profile posted the pre-tax profit after reporting a loss of £2.6m in 2023. New accounts filed with Companies House also show that Suleyman’s [...]
Poundland sold for just £1 and handed war chest to lead recovery June 12, 2025 Poundland has been sold for just £1 to investment giant Gordon Brothers in a deal which will provide the discount retailer with a £80m war chest to turn around its fortunes. Pepco Group has entered into a definitive agreement with Gordon Brothers to sell Poundland which will continue to be led by chief executive Barry [...]
Tesco: Supermarket giant widens market share amid price war June 12, 2025 Supermarket juggernaut Tesco delivered an upbeat trading statement for the first three months of the year as the price war in the competitive UK grocery market rumbled on. Food sales at the grocer were up 5.9 per cent year-on-year led by a strong performance in fresh food. Meanwhile, non-food sales climbed 6.2 per cent after [...]
Profit almost wiped out at Asda billionaire’s empire ahead of mega IPO June 11, 2025 Profit at EG Group, the empire co-founded by a major investor in supermarket giant Asda, has almost been wiped out ahead of a planned $13bn float in New York. The Blackburn-headquartered group was formed by brothers Mohsin and Zuber Issa and is now co-owned by private equity giant TDR Capital. Now, new accounts filed with [...]
Fuller’s toasts stellar year as Brits flock to pubs June 11, 2025 Hospitality giant Fuller, Smith & Turner has become the latest UK pub chain to report a stellar year of trading as Brits continue to head to pubs despite financial constraints. The FTSE 250 company told markets this morning that revenue rose 4.8 per cent to £376.3m in the 52 weeks to March 29. Like for [...]
Boardroom Uncovered: How work from home policies have changed business June 10, 2025 Pret A Manger UK managing director, Clare Clough, said work from home patterns are influencing where the business opens new stores.