Jamie Oliver to buy back his Jamie’s Italian restaurants in Australia November 3, 2016 Jamie Oliver's on a mission Down Under. The celebrity chef is set to buy back his Jamie's Italian restaurants business in Australia, after Keystone Group (which ran the operation) collapsed and put the franchise up for sale. Receiver Morgan Kelly from Ferrier Hodgson confirmed Jamie Oliver Group was the preferred bidder for the six restaurants, [...]
Glencore keeps on top of production after weathering cuts and suspensions November 3, 2016 Glencore's production fell in most commodities, but everything's pretty much on track (no nasty surprises here folks). Third quarter was in line with expectations: full-year marketing earnings before interest and taxes guidance were at $2.5-$2.7bn. That's a slight increase; the commodities giant lifted the upper end of range by $100m. The figures The company said own-sourced [...]
The Aldi fightback is on: Morrisons records fourth consecutive quarter of growth November 3, 2016 After the devastating news that Morrisons was hiking the price of Marmite, it needed a good third quarter. And it has delivered the fourth consecutive quarter of growth, with sales up 1.6 per cent. Potentially a sign of, whisper it quietly, momentum building? The figures The 13 weeks to 30 October, like-for-like sales were up [...]
Fitbit’s not looking so healthy as shares slump 30 per cent November 3, 2016 How time flies. It was only a year ago that Fitbit's share price leapt 52 per cent on its market debut in New York, valuing the firm at more than $4.1bn (£2.6bn at the time). Now the wearable device maker's fate doesn't look so healthy. Its revenue forecast for the holiday shopping quarter – a key period [...]
RMT has kicked off balloting for two sets of London Underground strikes November 2, 2016 Balloting has begun this week for two separate disputes on the London Underground, ahead of possible strike action. Around 4,000 members of station staff are being balloted by the Rail, Maritime and Transport (RMT) union over the impact on safety from the axing of nearly 900 front line workers alongside the closure of Tube ticket offices. [...]
Ryanair sticks to post-Brexit plans of non-UK expansion: It’s now flying from Frankfurt November 2, 2016 Ryanair's branching out (but not in the UK). The no-frills airline is spreading its wings and opening a base at Frankfurt airport. That makes it the first of the low fare airlines to open a base at Germany's biggest airport as the rise of the budget carriers continues. Michael O'Leary, Ryanair's chief executive, has said the [...]
A comprehensive list of all the central London journeys that could be quicker to walk November 2, 2016 You may have seen these handy Transport for London (TfL) walking maps showing you the specific steps it takes to walk between stations on the same line and how long it would take. But have you seen there's a comprehensive list of all the central journeys that could be quicker to walk, rather than take public transport? [...]
British Airways is giving armed forces a 10 per cent discount from today November 2, 2016 With Remembrance Day coming up, what better time for British Airways to announce it has become the first airline to sign up to the UK Armed Forces Covenant? From today, it will be offering a 10 per cent discount to the armed forces, across all fares spanning its global network of 183 destinations, in all cabins [...]
Businesses along Night Tube lines have experienced a near 20 per cent boost since its introduction November 2, 2016 London's nightlife is reaping the rewards of 24-hour transport, according to new data from Worldpay. Since the introduction of the first Night Tube services on the Central and Victoria lines in August, businesses serviced by those lines experienced an 18 per cent boost. Worldpay analysed late night (between 1am and 4.30am) card transaction data and [...]
Coconut flour, cactus water and charred food: Waitrose unveils 2016’s top food trends November 2, 2016 Were cactus water, wonky vegetables and coconut flour on the list for your latest weekly shop? No? Well, get with the times, apparently they were among the top food trends of the past year. So says Waitrose's 2016 Food and Drink Report, as consumers are becoming ever more focused on eating "lighter and fresher", while [...]
