Vegan products total a quarter of food launches in 2019 January 17, 2020 Almost a quarter of all new food products to launch in the UK last year were vegan, as companies rush to cash in on the growing number of “flexitarians”, according to the latest research. The number of people who have reduced or limited the amount of meat they eat has risen from 28 per cent [...]
Brexiters raise £150,000 for Big Ben Brexit bongs – but it could all be for nothing January 17, 2020 Brexiters have funnelled over £150,000 into a fundraising campaign to ring Big Ben to mark Brexit Day on 31 January – but the cash could not be enough, the Prime Minister has warned. The “Big Ben must bong for Brexit” campaign, set up by Stand Up 4 Brexit, is seeking to raise the £500,000 required [...]
Google it: Alphabet hits $1 trillion landmark amid ad growth optimism January 17, 2020 Alphabet, the parent company of Google, has hit a landmark stock market valuation of $1 trillion (£760bn) for the first time. The company’s shares rose by 0.76 per cent yesterday, enough to make it the fourth US-listed company to hit the milestone. Shares ended the day valued at $1,450.16. Alphabet hit the valuation 22 years [...]
Rare £1 Edward VIII coin sells for £1m January 17, 2020 A £1 coin featuring the Queen’s uncle Edward VIII has sold for a record £1m to a private collector in a deal brokered by the Royal Mint. The coin, one of only six produced, commemorates the ascension to the throne of Edward VIII in January 1936. He then abdicated in December that same year to [...]
The Gym Group grows revenue after adding new sites and members January 17, 2020 Budget gym operator The Gym Group saw revenue jump last year after adding 70,000 new members. Total revenue in the year ended 31 December grew 23.6 per cent to £153.1m, up from £123.9m the previous year, as the gym chain opened new venues and persuaded new members to sign up. Total year-end membership numbers were [...]
Experian warns of ‘weak’ UK and Europe business sales January 17, 2020 Credit scoring giant Experian posted a rise in revenue for the end of 2019 despite drops in the UK and Europe. Revenue grew seven per cent in the three months to the end of December, Experian revealed today as it stuck to guidance for its full-year results. While Experian’s North America and Latin America divisions [...]
Online growth offsets betting machine sales slump for Ladbrokes owner GVC January 17, 2020 Ladbrokes owner GVC Holdings this morning said full-year profit will be at the top end of guidance following strong growth in its online business. The betting firm said full-year earnings before tax, interest, depreciation and amortisation is expected to be at the top end of upgraded guidance of £670m to £680m. Online net gaming revenue [...]
Rio Tinto blames the weatherman as iron ore shipments slip January 17, 2020 Rio Tinto posted a quarter-on-quarter climb in iron ore shipments for the end of 2019, when they hit 86.8m tonnes in the fourth quarter. That represented a one per cent rise on the third quarter despite a four per cent drop in production to 83.6m tonnes. But over the full year, production and shipment figures [...]
Premier Foods boosts sales of festive favourites over Christmas period January 17, 2020 Premier Foods boosted sales over the Christmas period as customers stocked up on traditional festive food such as gravy, stuffing and mince pies. UK sales were up 3.6 per cent in the 13 weeks to 28 December, as Mr Kipling sales grew 10 per cent following marketing investment and new product launches. The sale of [...]
It’s high time for London’s Low Line January 17, 2020 Plans for the new Low Line in Southwark have got Londoners a bit excited. The project to rejuvenate railway arches and convert them into shops and green spaces has inevitably drawn comparisons to the High Line in New York’s Meatpacking district, which became an instant hit with tourists when it opened in 2009. But the [...]