Tesco fuel sales drag up slowing growth Retail Tesco has revealed a nearly 20 per cent boost in fuel sales as the Iran war sends petrol prices soaring, dragging up otherwise slowing revenue. The FTSE 100 supermarket saw fuel sales jump by 19.5 per cent to £1.7bn in the three months to May, while total sales growth slowed to one per cent to [...]
Morrisons pushes ahead with convenience store openings after closing 100 Retail Morrisons is pushing ahead with an aggressive expansion of its convenience stores, less than a month after it shut 100 loss-making sites. The supermarket opened 30 more Morrisons Daily stores in the last three months and plans to open hundreds more in the coming years. This is despite the grocer saying in May that “significant” [...]
Industry warns Iran war spike to come as food inflation falls Retail The surprise drop in food and drink inflation seen in May is likely to be short-lived, as the impacts of the war in Iran are due to take hold, leading industry figures to warn. The rate of inflation of food and non-alcoholic drinks fell from three per cent in April to 2.2 per cent in [...]
The best places to eat sandwiches in Lisbon, from bifanas to pregos June 12, 2026 Most people have their own markers of summer. Elderflower trees blossom into white spidery nets, parks fill up and tops come off, the Premier League finally ends. But for sandwich lovers, the sign of supposedly warmer days ahead comes in the form of an Instagram post by Farringdon-favourite Quality Wines. Word quickly spreads: The bifana [...]
Bancone is a pasta restaurant – just don’t call it Italian June 11, 2026 A new restaurant below the imposing walls of the Bank of England is serving pasta – just don’t call this Italian food. I’m told the rare breed beef and marrowbone pasta is a British dish. Is a restaurant Italian because they serve pasta? As any City worker will know, Bancone’s silken threads are kneaded in the [...]
Heinz sandwich ‘automat’ to flog sarnies in Soho for just 57p June 8, 2026 Heinz will next week launch a pop-up “sandwich automat” in Soho, where it will sell 800 sarnies for just 57p a pop – making it quite possibly the cheapest lunch in London. The two-day takeover of 15 Bateman Street is timed to coincide with the start of National Picnic Week, giving Londoners a snack to [...]
Government warned ‘unworkable’ new healthy food rules will backfire June 8, 2026 The food and drink industry has warned Labour its new healthy food red tape will backfire, as manufacturers insist they are already investing millions in making products healthier. Food and drink manufacturers are racing to prove to the government that they are cutting salt, sugar and calories from their products – as Labour plans to [...]
Tate & Lyle confirms £2.7bn takeover by US rival June 8, 2026 Tate & Lyle has accepted a £2.7bn takeover deal by a rival American food firm, in the latest flight of a historic brand from London’s stock market. The 123-year old business said Ingredion’s offer – which totals 615p per share – represents an “attractive opportunity for shareholders”. The deal comes after the company revealed another [...]
Lidl leapfrogs Morrisons to become UK’s fifth-biggest supermarket May 27, 2026 Lidl has soared past struggling Morrisons to become the UK’s fifth-biggest supermarket, as its heavy discounting gave the grocer an edge in the fiercely competitive market. The German grocer snatched an 8.6 per cent market share, powered by an 8.8 per cent uplift in sales across the last 12 weeks, according to data by Worldpanel. [...]
Greencore shares slide as M&S sandwich supplier counts cost of Bakkavor takeover May 27, 2026 Food manufacturer Greencore counted the cost of its mammoth deal with rival Bakkavor as integration expenses plunged the firm to a loss in the first half of the year. The FTSE 250 firm – which is a supplier to countless supermarket giants including Tesco, Sainsbury’s and M&S – was weighed down by upfront costs associated [...]