This™: Plant-based protein firm backs profitability despite fears UK’s appetite for vegan food is waning October 5, 2023 The boss of plant-based protein maker This™ has insisted the firm is on track for profitability, despite fears the appetite for vegan products is fading.
FTSE 100 close: London markets close higher after sliding for three days straight October 5, 2023 London’s FTSE 100 jumped into the green on Thursday, following three days where the capital’s blue-chip index slid. The FTSE 100 climbed 0.53 per cent to close at 7,451.54 while the FTSE 250 ended 0.61 per cent higher at 17,599.98 The FTSE’s gains came despite data showing a stronger than expected labour market in the [...]
FTSE 100 close: London markets dip again as ‘chill winds’ dent sentiment October 4, 2023 London markets opened lower again on Wednesday as the gloomy market sentiment of the last few days continued following stronger than expected US data.
Tesco pledges an ‘affordable Christmas’ as it raises profit guidance on slew of price cuts October 4, 2023 Tesco raised its profit guidance for the year ahead to up to £2.7bn, as the Big Four grocery thanked a slew of price cuts for surging revenues in its interim results. Britain’s biggest grocer’s adjusted operating profit reached £1.48bn during the term, a 13.5 per cent leap when compared to the same period the prior [...]
Will thousands of price cuts be enough to help Tesco win big amid cost of living crisis? October 1, 2023 Investors will turn their focus to ‘Big Four’ grocer Tesco’s half year results on Wednesday to see if the company’s consistent slew of price cuts has continued to help it win big with customers amid the cost of living crisis. The supermarket behemoth has weathered the economic storm well, with its market share ticking up [...]
The Notebook: Jimmy McLoughlin on Morocco’s future and the pleasing results of a stand-up comedy course September 28, 2023 Today, former Downing Street adviser and host of podcast Jimmy’s Jobs Jimmy McLoughlin takes the Notebook pen Morocco: A bridge for Africa Morocco was devastated by the earthquake that occurred on 8 September and caused human and material losses in various regions of the kingdom. Naturally, writing a column like this makes me think about [...]
‘Alcohol free beer is healthy!’ Sober October tips from London’s first alcohol free bar September 27, 2023 I take a sip of my No Sleep till Brooklyn, a cocktail featuring two types of alcohol-free whisky, and I have to admit that it tastes pretty darn like the real thing. It even has the ‘slow burn’ feel of whisky in the mouth. “You see!” says Laura Willougby, co-founder of Club Soda, London’s first [...]
The Notebook: Victoria Scholar on the future of supermarkets September 26, 2023 Interactive Investor's Victoria Scholar on supermarkets, China's growth and a new podcast in the City A.M. notebook
Co-op invests £70m into fresh price cuts for as losses narrow September 21, 2023 The Co-op has invested a further £70m investment into lowering pricing for customers as its losses narrowed after the sale of its forecourts business to Asda. The retailer pumped £20m into price cuts in the first half year and said it now has plans for a further £70m investment, which includes 200 reductions for users [...]
‘Like a Burgundy that’s hit the gym’: Rugby World Cup players on their favourite wine September 20, 2023 The Rugby World Cup is in full swing and though wine pairs with almost everything, it is especially good with rugby. In my wine career I have been surprised by how many professional rugby players love it, collect it, and even get into the wine industry themselves. When filming a series in the Rhone one [...]