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Food and drink

  • Gousto puts 290 jobs at risk in warehouse closure 

    June 24, 2026

    Recipe box maker Gousto has put 290 jobs at risk as part of its plans to close a warehouse in Lincolnshire. The company, which delivers food boxes for people to cook meals at home, said it is closing its Lincolnshire base in a bid to keep prices down in a competitive market. Gousto, a rival [...]

  • Whitbread food sales slump after revealing exit from restaurant arm

    June 18, 2026

    Whitbread has seen food and drink sales slump after it revealed its divisive decision to sell its restaurants and pivot to a hotels-only business. The Premier Inn owner said food and drink sales fell by five per cent to £148m in the three months to the end of May, compared to a three per cent [...]

  • Industry warns Iran war spike to come as food inflation falls

    June 17, 2026

    The surprise drop in food and drink inflation seen in May is likely to be short-lived, as the impacts of the war in Iran are due to take hold, leading industry figures to warn. The rate of inflation of food and non-alcoholic drinks fell from three per cent in April to 2.2 per cent in [...]

  • Bancone is a pasta restaurant – just don’t call it Italian

    June 11, 2026

    A new restaurant below the imposing walls of the Bank of England is serving pasta – just don’t call this Italian food. I’m told the rare breed beef and marrowbone pasta is a British dish. Is a restaurant Italian because they serve pasta? As any City worker will know, Bancone’s silken threads are kneaded in the [...]

  • Pret A Manger dumps US franchise agreement after just two years

    June 9, 2026

    Pret A Manger has dumped the franchise agreement which it had launched to expand in the US after just two years, its latest accounts revealed. The coffee chain formed a joint venture, known as Empire JointStar, with its franchise operator Dallas Holdings in October 2023, in a bid to accelerate its expansion in the US. [...]

  • Heinz sandwich ‘automat’ to flog sarnies in Soho for just 57p

    June 8, 2026

    Heinz will next week launch a pop-up “sandwich automat” in Soho, where it will sell 800 sarnies for just 57p a pop – making it quite possibly the cheapest lunch in London. The two-day takeover of 15 Bateman Street is timed to coincide with the start of National Picnic Week, giving Londoners a snack to [...]

  • Government warned ‘unworkable’ new healthy food rules will backfire

    June 8, 2026

    The food and drink industry has warned Labour its new healthy food red tape will backfire, as manufacturers insist they are already investing millions in making products healthier. Food and drink manufacturers are racing to prove to the government that they are cutting salt, sugar and calories from their products – as Labour plans to [...]

  • Tate & Lyle confirms £2.7bn takeover by US rival

    June 8, 2026

    Tate & Lyle has accepted a £2.7bn takeover deal by a rival American food firm, in the latest flight of a historic brand from London’s stock market.  The 123-year old business said Ingredion’s offer – which totals 615p per share – represents an “attractive opportunity for shareholders”.  The deal comes after the company revealed another [...]

  • 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 [...]

  • Tate & Lyle admits ‘disappointing year’ as US buyer circles

    May 21, 2026

    Tate & Lyle has seen profit and revenue slip in what the ingredients firm described as a “disappointing year” marked by muted demand, as a US buyer circles. The FTSE 250 company saw revenue slip by three per cent to £2bn as profit before tax fell by 10 per cent to £238m in the year [...]

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