Get your passport ready: London City Airport is about to take off with a £344m expansion scheme in a post-Brexit vote boost to UK trade July 27, 2016 Forget the debate about Heathrow and Gatwick, London's most central airport is about to take off with a £344m expansion plan in a post-referendum boost to UK trade. Chancellor Philip Hammond, transport secretary Chris Grayling and communities secretary Sajid Javid have today given the green light to the multi-million pound expansion of London City Airport, in [...]
GPs don’t believe e-cigarettes should be prescribed for patients trying to stop smoking July 27, 2016 Sorry vapers, even though public health bodies are promoting e-cigarettes, it doesn't look like the UK's GPs are on your side for now. In a poll conducted by the website GP Online, nearly 70 per cent of GP respondents said they did not believe e-cigarettes should be available on prescription as a bridging product to helps smokers [...]
Glaxo invests £275m to expand three UK manufacturing sites and reaffirms confidence in the UK’s pharmaceutical market despite Brexit vote July 27, 2016 GlaxoSmithKline (GSK) has announced it will plough £275m into expanding three of its UK manufacturing facilities and has shrugged off post-Brexit vote concerns in the domestic pharmaceuticals market. The pharmaceuticals giant said the investment will boost production and support the delivery of its respiratory and large molecule biological medicines, the "vast majority" of which will be for export to global markets. The [...]
Chablis prices set to soar as freak weather ruins up to half of harvest July 25, 2016 Chablis prices are set to rise in the coming months as producers struggle with the effects of freak weather earlier in the year that destroyed up to half the region’s harvests. Crops were battered by freak weather and hailstorms in mid-May, which followed severe frosts that eliminated many first buds in April. “Chablis has been [...]
Confidence in the bar and restaurant sector has plummeted after last month’s Brexit vote July 25, 2016 Confidence among bosses in the UK's bar, pub and restaurant sector has dived since the referendum, according to research by CGA Peach. The effect of the vote on consumer confidence, rising product costs and staff availability are leading short and long-term concerns for senior executives, the survey of 80 board-level directors found. Just 15 per [...]
Greencore Group bags The Sandwich Factory from Cranswick in tasty £15m deal July 25, 2016 Irish food group Greencore has bagged food-to-go producer The Sandwich Factory from Cranswick in a deal worth up to £15m. The Sandwich Factory, which operates from a single facility in Warwickshire, produces a range of products for convenience stores and food service channels. Its net revenue for the year ended 31 March was £42m. Greencore is already one [...]
The Connaught is the world’s best cocktail bar… and it’s right here in London July 25, 2016 It might only be Monday, but this is the news we've all been waiting for: London is officially home to the world's best cocktail bar. Nestled in the heart of Mayfair, The Connaught was crowned the world's best cocktail destination this weekend at the 10th Annual Spirited Awards in New Orleans. For brooding traveller sorts, it's [...]
UK tourists have splashed out during their trips abroad this year as North America tops the chart of British holiday destinations July 25, 2016 UK holidaymakers splashed out on their trips abroad this spring, while overseas visitors to the UK pulled tighter on their pursestrings. Britons made 16.4m visits abroad in the three months to May 2016, a four per cent increase compared with the same period of last year, according to data released today by the Office for [...]
Staycations are in: UK tourism industry set to be the first to benefit from last month’s Brexit vote July 25, 2016 It might be time to get your bucket and spade ready: the UK's tourism industry is set to be one of the first segments of the economy to benefit from last month's Brexit vote as "staycations" prove they're here to stay. The drop in Sterling since the Brexit vote will add momentum to the domestic tourist [...]
LVMH strikes surprise pose as it sells Donna Karan International fashion brand for $650m to G-III Apparel Group July 25, 2016 Luxury conglomerate LVMH has agreed to sell Donna Karan International for $650m (£496m) to American fashion licensing and manufacturing group G-III Apparel Group. The sale of Donna Karan International, which is the parent company of the DKNY and Donna Karan brands, is expected to close in late 2016 or early 2017. It comes a year [...]
