Junk food advertising ban defies common sense Opinion The government’s ban on advertising foods deemed unhealthy is a big fat win for the nanny state, but it will end up costing us, says John Oxley Christmas is coming, and that means a deluge of seasonal advertising and, for most of us, overindulgence. This might be the last time we can enjoy those two [...]
Mondelēz: Sales pass milestone at Cadbury owner but profit melts Retail Sales at the owner of brands such as Cadbury, Toblerone and Oreo surged past the £2bn mark in 2023 but its profit was slashed, it has been revealed. Uxbridge-headquartered Mondelēz UK, which is part of the wider Mondelēz International group, has reported a turnover of £2.21bn for its latest financial year, up from the £1.95bn [...]
Mars bar maker pays huge £600m dividend after UK success Retail The UK arm of Mars Wrigley, which makes the likes of Mars bars and Skittles, has paid out a huge dividend of £600m after a bumper financial year. The business, which has UK manufacturing sites in Slough and Plymouth, has significantly upped its dividend for 2023, after also paying out £115m in 2022. The dividend [...]
Mcdonald’s empire hopes new Mcflurry flavours will keep customers happy after ‘bold’ price rises September 16, 2024 “Bold” price rises at a McDonald’s franchise empire helped sales jump by more than £15m during its latest financial year. Run by Andrew Gibson, AG Restaurants runs 27 sites in Glasgow, employs more than 3,000 people and is one of the largest in the UK. The business has reported a turnover of £135.2m for 2023, [...]
The Debate: Are ultra-processed foods driving obesity? August 1, 2024 City A.M.’s weekly feature takes the fiercest water-cooler debates and pits two candidates head to head before delivering The Judge’s ultimate verdict. Ultra-processed food (UPF) has become a hot topic in the last couple of years, referring to mass-produced food such as cereal, fizzy drinks, ice cream and bread. If it has additives or preservatives [...]