Terry Smith dubs weight-loss giant Novo Nordisk ‘investment disaster’ Investing Star stockpicker Terry Smith has dubbed weight-loss giant Novo Nordisk an “investment disaster” less than two years after he dumped his entire Diageo stake over fears that GLP-1 users would ditch alcohol. The veteran investment manager, who runs the Fundsmith Equity fund, has said that he regrets his investment in the Danish pharmaceutical firm. “Novo [...]
Cranswick: Pig farmer pivots to bite-sized falafels as Brits embrace weight loss trend Retail A food conglomerate founded by pig farmers has been rewarded by its expansion into share-sized Mediterranean foods as weight-loss jabs and health kicks surge in popularity. Cranswick was established by a group of Yorkshire pig farmers in 1972, but has since expanded into falafel and houmous with its acquisitions of Mediterranean food brands like Ramona’s [...]
Holland & Barrett bets on high street with public health pivot Retail Holland & Barrett is mounting a renewed focus on its high street presence, offering free health drop-ins amid growing online misinformation and an “under pressure” NHS. The health foods retailer has faced huge losses in recent years and its new chief executive is battling to raise the profile of its high street stores. Anthony Houghton, [...]
Weight-loss drugs to slow supermarket sales February 25, 2026 Weight-loss drugs are set to slim down supermarket sales in the UK as more Brits opt for diet-conscious shopping, a City broker has warned. The growth rate of supermarket sales is expected to slow this year due to the increasing popularity of diet-suppressant jabs, population growth and falling food inflation, according to a note from [...]
No-zempic: Jolly Brits swap weight-loss jabs for stuffing this Christmas December 9, 2025 Brits are set to go all out this Christmas as nearly half plan to swap out their weight loss jabs for an extra helping of turkey and pudding. One in three don’t plan to return to their normal dose until after New Year in order to take full advantage of the festive season, according to [...]
Weight-loss drugs ‘fundamentally changing’ the way Brits eat December 3, 2025 The rise of weight-loss drugs is starting to affect supermarket sales, with experts warning that the sector is unprepared for the change this Christmas. More than one in ten Brits is set to host someone on GLP-1 medication this year, prompting less alcohol and fewer sweets on the menu. “There is a worry that Christmas [...]
Mounjaro sales help almost double Ely Lilly’s UK turnover September 18, 2025 The sale of weight loss drug Mounjaro has boosted the UK turnover of pharmaceuticals giant Eli Lilly by 90 per cent during its latest financial year, it has been revealed. The division of the US group has posted a turnover of £889m for 2024, according to new accounts filed with Companies House. The new total [...]
Ozempic sales surge as priced-out Mounjaro patients seek cheaper alternative August 18, 2025 Ozempic sales have risen five-fold after a 126 per cent rise in the price of the Mounjaro drug due to pressure from US President Donald Trump. Mounjaro, manufactured by U.S. pharma giant Eli Lilly, has been the UK’s most popular weight loss jab, prescribed to an estimated 90 per cent of the country’s patients. But around [...]