Egg farmers: Supermarkets must raise prices by 40p to avert sector crisis March 31, 2022 Egg farmers have called on supermarkets to up the price of a dozen eggs by 40p as producers face cost pressures. Many free range egg farmers are bleeding cash on every egg laid by one of their hens, according to the British Free Range Egg Producers Association (BFREPA). Shoppers in the UK were unable to [...]
The City View: Consumers borrowing more, and Victoria Scholar on $15bn Barclays blunder March 29, 2022 Today Andy Silvester chats to Interactive Investor’s Victoria Scholar. They go through Barclays’ rough start to the week after an unknown investor sold over £900m worth of shares in the bank following its $15bn securities blunder; Waitrose’s legal row with ASDA, and consumers turning to discount retailers amid the cost-of-living crisis; and Tesla’s stock split. [...]
Deliveroo goes for speed as it joins forces with WHSmith for new 20 minute delivery service March 29, 2022 Online delivery giant Deliveroo said this morning it will soon be able to deliver a raft of products, from printer cartridges to bestselling novels, to customers in under 20 minutes. The company has joined forces with WHSmith as it continues to expand further from its traditional takeaway delivery business. It is Deliveroo’s first major leap [...]
Last minute Mother’s Day idea: Try the Pan Pacific hotel March 25, 2022 Mother’s Day is on the horizon and with canny timing the Pan Pacific hotel has launched an afternoon tea centred around childhood memories in its elegant Orchard Lounge. Award-winning executive pastry chef Cherish Finden recalls her own Singaporean childhood during either a traditional English tea or a fully Asian affair, the latter of which I opted for. We [...]
‘Bonuses are back, and not just for bankers’, says CEO of recruitment giant Randstad March 11, 2022 Bonuses are back. That is the firm message of the boss of one of the largest recruiters in the country. Victoria Short, CEO of recruiter Randstad UK, told City A.M. this morning that “bonuses are back – and not just for bankers. “ Her comments follow the announcement that staff at the John Lewis Partnership will share [...]
Staff at John Lewis to share £46m bonus pot after profits rebound by nearly 40 per cent March 10, 2022 Staff at the John Lewis Partnership will share a £46m bonus pot after the retail giant saw underlying annual profits rebound by 38 per cent. The group, which also owns upmarket supermarket chain Waitrose, said it will pay a bonus of 3% to its employees, or one-and-a-half weeks’ pay, and increase wages by 2 per [...]
Celebrating International Women’s Day – With Wine March 9, 2022 This week was International Women’s Day and it is fitting for me to celebrate this through wine. When drinking, women choose wine nearly twice as often as men but the industry itself is still largely a man’s game. Speaking to some women who have worked in wine for up to 40 years, it is clear [...]
Zara and Burberry shut shops in Russia while John Lewis looks to ‘mitigate exposure’ to country March 6, 2022 Fashion powerhouses have halted trading in Russia following its invasion of Ukraine, citing “operational challenges”. Luxury goods maker Burberry has temporarily shuttered its three stores in Russia, The Times reported. According to the newspaper, the designer brand’s spokesperson said Burberry would continue to monitor developments and declined to address the invasion directly. It comes after [...]
New Zealand Sauvignon Blanc is in short supply – here’s what to do February 25, 2022 The New Zealand Sauvignon Blanc is a stalwart of the London wine list. Even the most wine-wary have probably tried a glass with its distinctive notes of gooseberry and passionfruit. A globally popular choice there is world-wide demand, which is why the current shortage is causing a stir. “The 2021 harvest, while of exceptional quality, [...]
John Lewis turns around losses after Christmas boost February 14, 2022 John Lewis is trading in the green following strong Christmas sales which helped the group recover from heavy losses.