Unibet, one of the largest gambling companies in the world, is changing its name December 6, 2016 Unibet has taken a gamble today announcing a brand new name for its holding company: Kindred Group. Shareholders approved a decision to change the name of the group in order to unify its brands. Read more: Unibet lays down huge profits in first quarter The name change won't affect the company's 10 consumer-facing brands like Unibet, [...]
Real Good Food’s shares plummeted as exec warns earnings could fall short of estimates December 6, 2016 Real Good Food reported sales growth but experienced losses following trouble with commodity pricing and weak sterling. Executive chairman Pieter Totté said "there is a risk" the company's earnings won't meet market estimates. The figures Total group sales for the Aim-listed ingredients and baking products company grew by 5 per cent to £49m, the company reported in its interim results for [...]
This independent beer brand has just started a war on corporate craft beer wannabes December 6, 2016 HonestBrew has started a row with what they claim are faux craft beer peddlers, claiming global industry leaders "hide behind" craft beer names to "trick" beer lovers into thinking they're supporting local businesses. The craft beer seller said multinational companies like AB InBev, a group they nickname "Blandy", buy out local breweries like Camden Town and retailers like Beer Hawk [...]
Raise a glass: The Independent English Wine Awards will give English-made wine a marketing boost December 6, 2016 The first competition made up entirely of independent English wines was announced today. After the news that English wine producers pledged to increase their exports tenfold by 2020, founder Alex Taylor wants the competition to raise the profile of England's wines and prove their quality. Read more: Britain is set to become a top wine producing [...]
Say goodbye to Co-op Travel: Thomas Cook buys the group out of its joint venture for £55.8m December 6, 2016 Thomas Cook today said it is planning to buy The Co-operative Group out of its joint venture, taking full control of the UK retail store network, for £55.8m. The tourism company will purchase The Co-operative Group's 30 per cent stake and Central England Co-operative's 3.5 per cent stake for £50m and £5.8m respectively – both [...]
Jeremy Hunt tries to calm China’s fear of a bad Brexit deal December 6, 2016 Jeremy Hunt told worried Chinese investors today Britain's doors are still open to global business after Brexit. For Chinese investors looking to break into the larger European Union market, Britain is seen as an entry point. With uncertainty surrounding what kind of deal Britain will get with the EU, investors are worried about what this means for China, Reuters reported. [...]
Here’s what protesters outside the Supreme Court during the Article 50 hearing had to say December 5, 2016 The Supreme Court hearing on how the government will trigger Article 50 began today. Outside the building, a group of about 20 to 30 protesters gathered to speak out, dance an Irish jig or wave their Union Jacks. Standing out in support of Brexit meaning Brexit was Catherine Cook, who travelled down from Newcastle to show her anger with Parliament. Ticking the box and leaving [...]
Brexit is bringing European “shopcationers” to London to do their holiday shopping December 5, 2016 Spanish and Italian shoppers are set to hit the streets of London in droves this weekend to bag bargains ahead of Christmas. Since the EU referendum, the weak pound has made London a prime destination for "shopcationers", or people travelling from abroad with the intention to shop, new data suggests. Read more: Christmas shopping will be cheaper this year [...]
