It has to be Heinz? Not in this economy, till reports suggest May 31, 2023 Shoppers are continuing to switch to supermarket ketchup, milk and cereal own-brands to cut down on spending amidst the cost of living crisis. Volume sales in store branded products surged 63.3 per cent in the fast moving consumer goods (FMCG) category during May, figures by consumer intelligence company NIQ show. Food prices have surged since [...]
Will nobody rid me of these troublesome ordering screens? May 31, 2023 It used to be so simple. But now ordering lunch in the City has become an exercise in technological frustration and irrational anger.
Drax share price slides as Ofgem launches probe into renewable reporting rules May 31, 2023 Ofgem has launched an investigation into whether Drax has broken reporting rules around its flagship renewable payments programme.
CBI denies ‘toxic’ culture but no sign of government freeze thawing May 31, 2023 CBI's new boss says "misogynistic" accusations are inaccurate but acknowledges group has work to do to persuade its members
Rosneft’s quarterly profits rise to $4bn as Russian state energy giant hikes output May 31, 2023 The first-quarter profit of Russia's largest oil producer Rosneft rose by 45.5 per cent from the previous three months to $4bn.
World’s biggest natural soda ash producer plots rare London listing in boost to the City May 31, 2023 The world’s biggest soda ash producer has revealed plans for a rare London listing today in a boost to the London Stock Exchange after a barren period to start the year.
Paddington bare: Rail strikes clear London hub as passengers frustrated before derby day chaos May 31, 2023 Rail passengers are suffering fresh travel disruption because of more strikes in long-running disputes over pay, jobs and conditions. Members of the drivers’ union Aslef walked out on Wednesday, meaning several operators such as Avanti West Coast, CrossCountry, Northern and Thameslink are running no trains. The union’s general secretary Mick Whelan said no negotiations aimed [...]
Slowing UK economy appears good news for discount retailer B&M May 31, 2023 Brits seeking out bargains has helped drive B&M customer numbers up every month since June, as the group plans to roll out 30 more stores across the UK to up keep demand. For the year, the budget chain, which sells homewares and food, gained revenues of £4.9bn up from £4.6bn, as the group improved its [...]
How airports and captive audiences are driving a revenue spike at WH Smith May 31, 2023 WH Smith continued to reap the benefits of resurgent post-pandemic travel demand, with the newsagent improving its expectations for the financial year in a trading update this morning, on the back of a 31 per cent year on year rise in revenues from its airport shops. In the 13 weeks to May 27, the newsagent [...]
Ladbrokes-owner Entain likely to face “substantial financial penalty” after bribery investigation May 31, 2023 Entain said it could face a “substantial financial penalty” following investigations into its business practices in Turkey by the Crown Prosecution Service (CPS). The Ladbrokers owner said the offences under investigation at its Turkish facing business, which it held between 2011 and 2017, include breaching the bribery act. Entain admitted that “historical misconduct involving former [...]
