Tate & Lyle shares soar on £2.7bn takeover bid Retail Ingredients giant Tate & Lyle soared almost 50 per cent after it received a £2.7bn takeover bid from an American food firm. The FTSE 250 firm saw its shares jump by 45 per cent on Thursday, to 543p, after its board said it is discussing the proposal from US company Ingredion. The bid stands at [...]
Eurostar menu: We were first to try the new food – was it good? Life&Style As the debate rages about whether it’s okay to drink pints of lager at 5am before boarding a Ryanair flight (how else are you supposed to get through it?), we at City AM turn our thoughts to an altogether more refined method of transport: the Eurostar. Readers of City AM hardly need to be educated [...]
Food manufacturers mutinous over ‘unworkable’ healthy food red tape Retail The government is facing growing pressure to ditch new healthy food red tape which manufacturers and retailers warn is “unworkable” and could see fruit yoghurts and breakfast cereals classed as unhealthy. Labour plans to impose new standards on which foods count as healthy but City AM understands that several food manufacturers with billion-pound revenues fear [...]
Wimbledon to serve strawberry flavoured fried chicken May 8, 2026 Strawberries and cream have been synonymous with the Wimbledon tennis Championships ever since the very first tournament in 1877, when the fruit was served to around 200 spectactors. These days some two million strawberries are served across the 14 days of the Championships, equating to almost 40 tonnes of the fruit. The All England Lawn [...]
Food inflation rises as ‘storm clouds gather’ April 22, 2026 Food inflation has started to climb as industry figures warn “storm clouds are gathering” over potential double-digit food inflation later this year. The rate of food inflation climbed to 3.7 per cent in the year to March, up from 3.3 per cent year on year to February, according to the Office of National Statistics. This [...]
Sainsbury’s to deliver food inflation update as Argos future could be settled April 21, 2026 After Tesco hit back against fears of double-digit food inflation last week, supermarket rival Sainsbury’s is set to update the market this week. From the Iran war to the future of Argos, Felix Armstrong looks ahead to a landmark set of results due on Thursday. Sainsbury’s spooked shoppers last week when it threatened people caught swapping [...]
Is The Killingworth Castle the best gastropub in the Cotswolds? April 21, 2026 In these times of global turmoil, the humble British staycation holds more allure than ever, and you would be hard-pressed to find a better, more accessible option than The Killingworth Castle in the Cotswolds. This outrageously handsome 17th century inn and stables is one of those places that’s so old it would scramble the brain [...]
‘I fired the board that fired me’: TGI Fridays boss on restaurant turnaround April 8, 2026 TGI Fridays had its heyday in the 1980s but slumped into administration last year. Its new boss Ray Blanchette tells Felix Armstrong the nostalgic chain can win back Britain after a period in turmoil. “I land at Heathrow and jump in a cab. The plane got in late,” says Ray Blanchette, recalling the day he [...]
Bar of the week: Flipdog, the Shoreditch spot stoking its cocktails with a hot poker March 18, 2026 Hot pokers and experimental cocktails? Thanks very much, says Anna Moloney in her write up of new Shoreditch hotspot Flipdog.
‘Fibremaxxing’: How food manufacturers made fibre cool again March 12, 2026 “Fibremaxxing,” the UK’s new healthy eating trend, erupted at the start of 2026, as fibre replaced protein as the go-to fashionable food. Previously mundane, bland foods like prunes and seeded bread surged in popularity, with posts with the hashtags “fibremaxxing” having been viewed more than 150m times on TikTok. Sales of prunes increased 60 per [...]