Recipe for success: BBC backtracks on plan to cull 11,000 recipes and announces plans to migrate content over to Good Food website May 18, 2016 In a good turn for peckish foodies and skint students everywhere, the BBC has backtracked on plans to cull 11,000 free online recipes and promised to migrate many of its popular recipes to the BBC Good Food site. A massive public outcry, including more than 166,000 people signing a petition on the campaigning site Change.org [...]
SABMiller toasts “good” results despite dollar headwinds and hit from Megabrew as growth driven by premium brands such as Peroni and Pilsner Urquell May 18, 2016 The soon-to-be acquired SABMiller toasted its "good" results for the financial year to 31 March this morning, despite taking hits from currency headwinds and lower reported profits. The figures Profit before tax came in at $4.07bn, down 16 per cent from $4.83bn in 2015, after the brewer had to manage exceptional charges of $721m, including costs incurred from [...]
Power 100 Women: The ultimate City power breakfast with Jayne-Anne Gadhia, Jean Stephens, Natalie Campbell and Caroline Makepeace May 17, 2016 Bravo to today's Power 100 women, and bravo too to the four list members who graced the stage at City A.M.'s Power 100 breakfast launch yesterday morning. Jayne-Anne Gadhia, Jean Stephens, Caroline Makepeace and Natalie Campbell all swapped their morning meetings to join our very own digital editor and podcast host extraordinaire Emma Haslett to talk about women, [...]
War of words breaks out between Stock Spirits and shareholder rebel Luis Amaral after company’s board reached out to quell dissent and strike compromise May 17, 2016 A war of words has broken out today between the board of European drinks company Stock Spirits and its largest investor, Western Gate Private Investments. Tensions between the board and Western Gate, which owns almost 10 per cent and is headed by Portuguese cash-and-carry tycoon Luis Amaral, reached a new high today. Western Gate lashed [...]
Enterprise Inns posts revenue growth and announces it will sell 22 commercial property sites in a £20m deal by mid-June May 17, 2016 The UK's largest pub company, Enterprise Inns, has made "good progress" in the first half of 2016 and is primed to sell 22 of its commercial sites in a £20m deal by mid-June. The figures Enterprise Inn's revenues nudged up by £3m in the first half of 2016, from £302m this time last year to [...]
Stock Spirits showdown gains momentum as first investor reveals it will vote with dissident Luis Amaral at AGM May 17, 2016 The Stock Spirits showdown gained more momentum today as the first investor revealed it will vote in support of dissident Luis Amaral against the company's board at its AGM. The California State Teachers' Retirement System (CalSTRS) will support the two non-executive director (Ned) nominees put forward by Western Gate investments, which is led by the Portuguese [...]
Back by popular demand: Cadbury has brought back this stalwart flavour for the summer May 16, 2016 In yet another win for social media campaigning, Cadbury has announced it will be resurrecting one of its popular 20th century flavours after fans launched an internet appeal to bring it back. The world's second largest chocolate maker will bring back its Tiffin flavoured 95g Dairy Milk bar for a limited, roughly three million bar [...]
Analysts puzzled as gold and silver prices suddenly drop during US morning trading May 16, 2016 The price of gold dropped suddenly during US morning trading and swiftly lost almost all the gains it had made since markets opened. In early morning trading, spot gold made gains of 1.38 per cent, reaching a high of $1,287.86 per ounce. However, within an hour this had swiftly fallen 1.2 per cent, reaching a low of $1,271.18 per [...]
The Netherlands is the most lucrative buy-to-let property hotspot in the EU according to study from World First UK May 16, 2016 You might have thought it would be somewhere coastal on the Mediterranean, or a country better-known for its second home culture such as Italy or France. But the most lucrative buy-to-let market in the European Union turns out to be the modest, not-so-hilly, tulip-saturated Netherlands. With the EU's highest rental yield rate in April, at [...]
