Reeves’ summer of fun won’t deliver growth May 29, 2026 Instead of attempting to stimulate demand, Reeves should focus on helping hospitality from the supply-side, writes Matthew Bowles.
LSI Industries Enters Into Strategic Partnership With Carter Thermal Industries Group, Expands Refrigeration Solutions Offering May 27, 2026 LSI Industries Inc. (Nasdaq: LYTS, “LSI” or the “Company”), a leading U.S. based manufacturer of commercial lighting and display solutions, today announced a strategic partnership (the “Partnership”) with privately held Carter Thermal Industries Group (“Carter”), a global leader in refrigeration and environmental controls solutions. Under the terms of the agreement, LSI will become the exclusive [...]
Lidl leapfrogs Morrisons to become UK’s fifth-biggest supermarket May 27, 2026 Lidl has soared past struggling Morrisons to become the UK’s fifth-biggest supermarket, as its heavy discounting gave the grocer an edge in the fiercely competitive market. The German grocer snatched an 8.6 per cent market share, powered by an 8.8 per cent uplift in sales across the last 12 weeks, according to data by Worldpanel. [...]
Greencore shares slide as M&S sandwich supplier counts cost of Bakkavor takeover May 27, 2026 Food manufacturer Greencore counted the cost of its mammoth deal with rival Bakkavor as integration expenses plunged the firm to a loss in the first half of the year. The FTSE 250 firm – which is a supplier to countless supermarket giants including Tesco, Sainsbury’s and M&S – was weighed down by upfront costs associated [...]
As it happened: Petrol prices surge to Iran war record as Kingfisher helps lift stocks higher May 26, 2026 Good morning and welcome back to the City AM liveblog. The City is returning from the Bank Holiday break to find the tensions in the Middle East continuing in a stalemate – or perhaps a further escalation than last week. After days of threats President Donald Trump has issued a strike on Iran, which he [...]
Will Sky Garden pick up a coveted Toast the City award? May 26, 2026 We have launched the Toast the City awards 2026 and throughout the year we’ll be speaking to some of the nominees. Today we caught up with Sky Garden director Monika Kowalewska-Kheir. To nominate your favourite Square Mile spots for the 2026 awards, from bars and restaurants to galleries and green spaces, visit the Toast the City website here. [...]
Intense discounting pushes food inflation to year low May 26, 2026 Intense competition among UK supermarkets has pushed food inflation to its lowest level in a year, despite warnings that the Iran war will push up prices. Heavy discounting saw food inflation fall from 3.1 per cent last month to 2.7 per cent in May, according to data by the British Retail Consortium (BRC) and NIQ. [...]
Supermarket price caps? Rachel Reeves is truly panicking May 25, 2026 Rachel Reeves's impulse to meddle in supermarket pricing shows she is not seriously interested in growth at all, writes Eliot Wilson.
Industry chiefs slam packaging tax that could push food prices higher May 24, 2026 Industry bosses have hit out at the government and warned that food prices will rise by more than necessary as the packaging tax is set to be introduced. The government had been scrambling to find ways to limit a price surge in the coming months, with Chancellor Rachel Reeves setting out incentives for families to [...]
Superdrug owner eyes up London float in $30bn dual listing May 23, 2026 The owner of Superdrug is eyeing up a blockbuster London float as part of a $30bn dual listing later this year. AS Watson, which owns the health and beauty retailer, plans to raise about $2bn by listing its shares in both London and Hong Kong before the end of 2026. The Superdrug owner would join [...]