Caffe Nero shrugs off inflation as Brits’ coffee habits drive sales of £150m January 30, 2023 Caffe Nero generated UK sales of £150m for the first half of the financial year, averaging 104 per cent of pre-pandemic levels and an increase of 17 per cent for the same period in 2021. The coffee chain added Deliveroo and Just Eat to its delivery partner service last year, which it said helped secure [...]
The Notebook: Victoria Scholar on Chinese New Year, air fares and edible economics January 24, 2023 The notebook is where interesting people say interesting things. Today it’s Victoria Scholar, Head of Investment at Interactive Investor, on Chinese New Year, why air fares are on the increase and what we can learn about economics from food As the Chinese New Year begins, investors are increasingly turning their attention back to markets in [...]
Exclusive: London-based Peckwater Brands swallows competitor to become largest virtual food brand in Europe January 24, 2023 Peckwater Brands has acquired its chief competitor eatclever, making it the largest provider of virtual food outlets in Europe. The acquisition has seen Peckwater scooping brands like taste&soul, KoChi and Chicos from its health food-focused competitor, expanding its reach into Germany, Austria and Switzerland in the process. The terms and price of the deal are [...]
Babylon’s director should have known better and not let this movie fall into self indulgence January 23, 2023 Movies about movies tend to do well around Oscar season, and no one knows that better than Damien Chazelle. While La La Land famously didn’t win Best Picture in 2017, it did win six Oscars out of fourteen nominations, including Best Director. In Babylon, he returns to Hollywood but looks through a different lens. Starting [...]
The Alps, 1920s style: aboard the Venice Simplon-Orient-Express on its inaugural trip to ski resorts January 23, 2023 We discover that “The Train,” as society types call the Venice Simplon-Orient-Express, is the ultimate 1920s immersive theatre experience The train is careering through the darkened outskirts of Paris when oysters are placed at my table to pair with my last glug of champagne. I’m eating from an embroidered armchair more accurately described as a [...]
A tale of two industries: Government will regret saving steel over Britishvolt January 23, 2023 The government could regret backing British Steel while leaving Britishvolt to collapse, writes energy editor Nicholas Earl.
KERB: How London street food giant behind Seven Dials Market aims to make Berlin taste better January 23, 2023 The London street food favourite behind Seven Dials Market, KERB, is expanding via a venue in Berlin’s famous Potsdamer Platz. German foodies will be able to indulge their palates across a two-story street food market which is set to open in the Sony Centre by next year. The market will showcase 12 independent food vendors [...]
Planet Crypto: Reasons to be cheerful in 2023 January 20, 2023 The custodians of comedy at Planet Crypto are back and, as we are now nearly three weeks deep into January, they have some thoughts on 2023.
Having your cake and eating it! Three lucky winners receive sweet treats in City A.M. competition January 19, 2023 Three lucky City workers received yummy cakes from award-winning London bakery Cutter and Squidge after teaming up with City A.M. The special delivery to three Square Mile workers took place after this paper ran a competition in response to comments by the boss of the food regulator about cakes. And we take these things very personally. [...]
Just Eat: Takeaway delivery giant’s shares rise over 10 per cent despite reporting a drop in orders January 18, 2023 Shares in Just Eat Takeaway.com rose this morning after the food delivery company reported a positive outlook for the year ahead. Shares in the firm jumped despite the fact the Amsterdam-headquartered firm reported a fall in orders towards the end of last year. The total value of orders placed on Amsterdam-based Just Eat’s platform globally [...]