June 29, 2020
Coca-Cola will suspend advertising on social media globally for at least 30 days, as pressure builds on platforms to crack down on hate speech. “There is no place for racism in the world and there is no place for racism on social media,” the drinks maker’s chairman and CEO James Quincey said. He demanded “greater Read More…
June 29, 2020
Bosses at restaurant and food chains including Wagamama and Pizza Hut have warned the prime minister the sector faces mass job cuts without more help. In a letter to Boris Johnson backed by 90 firms, they say that if social distancing remains they will need action on tax, rents and other support. Without more Read More…
June 25, 2020
The US has threatened new trade tariffs on beer, chocolate and olives from the European Union, as part of a long-running row over subsidies to planemaker Airbus. The US Trade Representative said it was considering duties on 30 products worth $3.1bn (£2.5bn) in trade every year. It has already put 15% to 25% tariffs Read More…
January 17, 2020
CAMRA is to include new beer styles in its Champion Beer of Britain competition, with winners announced at the Great British Beer Festival in August. A review by beer writers, brewers, and CAMRA members was launched to determine the most relevant beer styles in the market, resulting in the most far-reaching update since 2008. Read More…
January 17, 2020
Drygate Brewing Co has launched a citrus alcohol-free beer created to “boost battered immune systems across the UK”. Shred, which the Glasgow brewer said is “set to make the toughest month of the year a little more bearable”, is the first permanent alcohol-free option in its range. The pale ale is pitched as being Read More…
January 17, 2020
Retail sales fell again in December as a Christmas shopping spree failed to materialise. Sales volumes fell by 0.6% from November, the fifth month in a row without growth, the Office for National Statistics said. It comes amid worries about economic growth and forecasts that the Bank of England could cut interest rates soon. Read More…
January 7, 2020
Chancellor Sajid Javid has set 11 March as the date for his first Budget – the first since the general election. Mr Javid says billions of pounds will be invested “across the country”. The Treasury will “prioritise the environment”, he said and reiterated a plan to make use of low borrowing rates to spend Read More…
September 25, 2019
Sainsbury’s has announced a shake-up aimed at saving the company £500m over the next five years. The group said it would shut a further 70 Argos stores and relocate another 80 sites into its supermarkets. Some 15 large supermarkets will also go, though this will be in part offset by the opening of 10 Read More…
September 25, 2019
Brewing firm Budweiser is to phase out single-use plastic pack rings from its entire range of UK-produced beer – which include the bestselling brands Stella Artois, Budweiser and Bud Light – by the end of 2020. The group is investing £6.3m on upgrading production at its two UK factories to produce alternatives to single-use Read More…
September 4, 2019
US online retail giant Amazon paid £220m UK tax in 2018, according to an internal audit analysing the accounts of all UK-based subsidiaries. The disclosure marks the first time Amazon has revealed the full amount it has paid in taxes in the UK. National insurance contributions made up the biggest proportion of the payment, Read More…