‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Franco Manca pizzas serve up profit rise for owner Fulham Shore July 14, 2016 Sourdough pizza chain Franco Manca’s expansion drove a profit rise at owner group Fulham Shore last year. Fulham Shore, which also owns The Real Greek and Bukowski Grill, reported operating profit of £3.2m and revenues of £29.5m for the 12 months to 27 March. Seven new Franco Manca pizzerias opened in the period and a [...]
BT Sport price increase will place “huge pressure” on pubs July 14, 2016 Pub groups have hit out at BT Sport's 8.9 per cent subscription price rise, announced yesterday, that will be enacted from 1 September. BT's move follows a 10 per cent price rise from Sky last month. The average monthly price for BT Sport for an independent pub will increase by £35 a month to £430, excluding [...]
Last month’s Brexit vote has put European tourists off visiting London July 14, 2016 If you thought the streets were a little less crowded this summer, you might be on to something European tourists have been put off visiting London after last month's surprise Brexit vote and the political turmoil that has emerged in its wake. Bookings to the capital, which was named the world's top tourist destination by MasterCard [...]
Does my keg look big in this? US beers to display nutritional info July 13, 2016 Some of the biggest brands in the US beer industry are set to start divulging nutritional content on their bottles. The amount of calories, carbohydrates, protein, fat and alcohol in a given bottle of booze will be listed by brewing giants including Anheuser-Busch InBev, MillerCoors, HeinekenUSA and Constellation Brands Beer Division. The companies that have already [...]
Will Theresa May’s “hostile environment” become our “hostile nation”? July 13, 2016 At the moment, an hour is a long time in politics, but all being well Theresa May will be our next Prime Minister by this evening. As pundits speculate on what will define her premiership, most assume it will be the priority to invoke Article 50 and initiate the Brexit process. But it would be [...]
The world ordered a record amount of wine from California last year July 13, 2016 The Napa Valley has never been more in demand. Shipments of California-produced wine reached an all-time high last year. Shipments worldwide grew 2.6 per cent to 276m nine-litre cases, which equates to around 3.3bn bottles. The figures, released by the California Wine Institute, showed the golden state also shipped cases at a record level within [...]
GVC Holdings’ share price up almost five per cent as Euro 2016 and Bwin takeover drive revenue growth July 13, 2016 Gaming services provider GVC Holdings' share price was lifted today after the company celebrated a revenue boost from its acquisition of Bwin and "favourable" results from the Euro 2016 championships. The figures Net gaming revenue (NGR) – income on punters' wagers minus payouts – climbed a whopping 223 per cent to €338m (£283m) in the six months to [...]
Vapers rejoice: The tide is turning towards e-cigarettes in France July 13, 2016 France has become the latest country to issue official guidance in favour of e-cigarettes, suggesting they are an effective tool for smokers who are looking to reduce or replace tobacco. Tabac Info Service, run by government body Public Health France, said this week “according to the latest work of the High Council on Public Health (Haut [...]
Bitcoin price jumps after remaining at steady level since halving event July 12, 2016 The bitcoin price jumped today to $669 by evening trading, after staying within a mostly stable range since the reward for miners fell 50 per cent last Saturday. On Saturday, the number of bitcoins generated by the digital process known as mining halved. Previously, bitcoins were released in blocks of 25, but they are now released in blocks [...]
Alcohol study finds a small tax could prevent thousands of admissions to A&E department caused by violent injuries July 12, 2016 A university research team has proposed a small alcohol tax could cut the number of A&E visits caused by violent injury by more than 6,000 a year. However, the government has said it is not planning to pursue any further taxes on alcohol. The Cardiff University team, writing in the journal Injury Prevention, said putting a [...]
