‘Customers can’t afford to pay’: Fears for London’s hospitality scene mount before general election May 25, 2024 Fears for London’s hospitality scene are mounting among restaurant and pub owners, as many reveal they are still trading below pre-pandemic levels due to red hot supply costs and pressures on consumer spending.
Call that a pint? Over two-thirds of beer served in pubs is short measured May 24, 2024 More than two-thirds of beer and wine served in UK pubs and bars is short measured, a survey by Trading Standards suggests.
Rise in consumer confidence gives hope for summer spending boost May 24, 2024 UK consumer confidence rose by two points in May in a sign that Brits are becoming increasingly hopeful about their financial position ahead of the summer months.
Taking the biscuit: Oreo maker Mondelez fined £287m by EU for cross-border trade curbs May 23, 2024 Oreo maker Mondelez has been fined £287m (337.5m euros) by EU antitrust regulators for impeding cross-border trade of chocolate, biscuits and coffee products between EU countries.
Tate and Lyle reaches sale agreement of American subsidiary May 23, 2024 Tate and Lyle has reached agreement with KPS Capital Partners for the sale of its remaining stake in Primient, an American subsidiary of Tate and Lyle. The firm said after the sale of its near 50 per cent stake, net cash proceeds, after tax and transactions costs, are expected to be around $270m (£215m). The [...]
London’s West End gets welcome boost with return of foreign tourists May 23, 2024 An influx of foreign tourists over the past 12 months has delivered a boost for the West End's biggest landlord, Shaftesbury Capital, as it reveals its first financial results since its £3.5 bn takeover last year.
Pressure on as competition watchdog launches investigation into UK vet industry May 23, 2024 The competitions watchdog said it will press ahead with an investigation into the UK’s vet industry following concerns pet owners are not getting value for money.
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Empiric Student Property ‘poised for growth’ as rent income rises May 22, 2024 Empiric Student Property said it is "poised for growth" over the 2024 academic year as income from rents continues to rise.
Mitchells & Butlers: Shares rise at All Bar One owner as profit hits £164m May 22, 2024 Mitchells & Butlers said half-year profit soared as cost inflation eased, despite an "unavoidable" decline in pubs and restaurants over the last year.