Fuller’s facing unappetising cocktail of Brexit, living wage and business rate increases despite outperforming the market in first half November 18, 2016 Fuller's insisted it has "outperformed the market" in the first half of the financial year but cautioned that it faces an unappetising brew of Brexit, the onset of the National Living Wage and business rate changes. Overall revenue at the pub operator and brewer grew 11 per cent to £197.6m in the six months to 24 September, up [...]
Some of the EU’s largest companies are worried that a hard Brexit will cost them dear November 8, 2016 A hard Brexit could hit some of Europe's largest companies by increasing their cost of funding. A report by accountants EY revealed that the likes of Airbus and Volkswagen are worried about the fallout of Britain's exit from the EU, according to reports by Sky News. Read more: A "hard Brexit" could undermine the very things driving [...]
Do you want to buy back your own company? Wetherspoon’s boss says no and asks for shareholder help November 6, 2016 Wetherspoon shareholders will meet on Tuesday to head-off an unfortunate pickle that its boss and major shareholder has found himself in. Tim Martin, who owns 29.9 per cent of the pub chain giant, is facing the prospect of having to make a takeover offer for the very business he founded 37 years ago, due to Takeover [...]
Wetherspoon’s Tim Martin thinks that the falling pound will impact Eurozone businesses more than British companies November 2, 2016 Many of Britain's businesses may be feeling the pinch from sterling's recent malaise but the boss of one of Britain's largest pub chains doesn't think it will cause him too much pain. "The pound has gone up and down over the years and I haven’t noticed over the years a big effect on bar sales [...]
Tim Martin says European leaders are determined to put Britain’s consumption of German beer, French champagne and Swedish cider under threat November 2, 2016 The founder of pub giant Wetherspoon this morning slammed the "unelected" EU chief as well as the supporting leaders of Germany and France. Staunch Brexiter Tim Martin, who is chairman of the pub chain, hit out at EU leaders saying that they were determined to hurt the UK. Martin was active campaigning for Britain to leave the EU and signed [...]
Luxembourg reckons City firms are about to head there in their droves – here’s our guide to banking there October 24, 2016 Could your job be about to take you further into the depths of the European Union? After the British Bankers' Association said yesterday that City bosses are on the brink of leaving the UK, the head of a Luxembourg finance body has suggested they're breaking down his door. Yesterday British Bankers' Association boss Anthony Browne told The Guardian [...]
Focus On Holloway: How the area went from “no-go area” to a thriving hotspot for independent businesses October 17, 2016 Holloway may be one of the oldest neighbourhoods in north London, but it hasn’t always been popular. Londoners who weren’t Arsenal fans might only pass through to get on to the M1 and its infamous women’s prison on Parkhurst Road hardly does wonders for its reputation. For a long time, its only cultural claim to [...]
Pharma firms have promised to clean up polluting factories and stop people from over using antibiotics September 20, 2016 Some of the world's biggest pharma firms have pledged to crack down on pollution and curb overuse of antibiotics. A total of 13 global drugmakers, including Pfizer, Merck, Novartis, GlaxoSmithKline and Allergan, as well as Indian drugmakers Cipla and Wockhardt, said they would clean up pollution from factories making antibiotics and combat the overuse that's led to [...]
JD Wetherspoon, Pret a Manger, Leon and Zizzi nab prizes in the annual Peta vegan food awards September 20, 2016 JD Wetherspoon may seem to some like an unlikely candidate for a vegan award, but a meat and dairy-free twist on one of its signature dishes has just nabbed it recognition from People for the Ethical Treatment of Animals (Peta). Those who want to both avoid animal-derived foods and join JD Wetherspoon's weekly curry club can [...]
These are the surprisingly unhealthy high street breakfasts from Pret a Manger, Costa Coffee, Starbucks and Eat September 15, 2016 If you didn't have time to eat breakfast at home this morning, chances are you nipped into a Pret a Manger or Starbucks in the way to work for a last-minute snack. But the illusion that high street coffee and food outlets are healthy has been knocked upside the head by new research from health [...]