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Food and drink

  • UK investment: Optimism from Expo Real 2025

    October 22, 2025

    I recently returned from Expo Real in Munich, where I joined colleagues from Canada Corporation and a UK cities delegation committed to one clear goal: To drive global investment into the UK and deliver the growth this country needs. But the competition is fierce. Cities like New York and Singapore are not [...]

  • How the 1990s shaped London’s restaurant revolution

    September 30, 2025

    London used to be a culinary laughing stock. Andrew Turvil, former editor of The Good Food Guide, tells us how that all changed in the 1990s.

  • Muller recovers from huge loss to make profit return

    September 2, 2025

    The UK and Ireland arm of dairy giant Muller has returned to profit after recovering from a huge loss in 2023, it has been confirmed. The Shropshire-headquartered division of the German group has posted a pre-tax profit of £34.3m for 2024, new accounts filed with Companies House show. That comes after Muller fell to a pre-tax [...]

  • New Princes: Food giant gears up for £700m City listing

    August 10, 2025

    International food operations giant New Princes is gearing up for a blockbuster listing on the London Stock Exchange – a move City officials hope will spark a wave of new flotations. The Italian-owned business – which makes Princes Tuna and produces Flora and Branston products – is approaching investors regarding the backing of an IPO [...]

  • Papa John’s: UK losses continue as over 70 locations closed

    August 4, 2025

    The UK arm of Papa John’s continued to make significant losses in 2024 as it closed more than 70 locations. The division of the US pizza giant has reported a pre-tax loss of £21.8m for its latest financial year, having also lost £19.2m in 2023. New accounts filed with Companies House also show the firm’s [...]

  • McDonald’s sheds 2,000 UK jobs as profit almost doubles

    August 4, 2025

    Profit at the UK arm of McDonald’s almost doubled in 2024 as it shed more than 2,000 jobs, it has been revealed. The US fast food giant has posted a pre-tax profit of £120m for its latest financial year, up from the £66.3m it reported in 2023. That figure though was down from the £170.8m [...]

  • Labour minister: UK-EU trade deal could take another year to kick in

    July 17, 2025

    The UK’s trade deal with the European Union, set to ease food standards and align energy markets could still take another year to come into effect, a Labour minister has warned.  In a landmark post-Brexit deal, the UK and EU agreed a deal on food standards to slash red tape for British exporters while giving [...]

  • A tin of baked beans could decide the fate of the LSE

    June 26, 2025

    A lot was riding on Shein’s plans to float in London. Too much, probably. The Asian e-commerce giant’s IPO was set to be the UK’s biggest in years, and was seen as our best bet to revive the market. But plans changed, and Hong Kong now looks the likely home.  Is that such a loss [...]

  • Premier Inn owner Whitbread sees UK sales falter amid shake-up of pub business

    June 19, 2025

    Hospitality giant Whitbread has reported a downturn in UK sales amid a “challenging market backdrop” and a restructure of its pub and restaurant business. The Premier Inn-owner told markets this morning that overall sales in the UK fell five per cent in the first quarter of the financial year, driven by a 16 per cent [...]

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