Monday, November 25, 2024

UK

UK supermarket giant Asda records remarkable 9.6% increase in like-for-like sales

British supermarket group Asda reported on Tuesday that it had experienced stronger like-for-like sales in the second quarter. This upswing was primarily attributed to...

Australian Vintage brand McGuigan Wines launches accessible premium wine range in the UK

Australian Vintage, a well-known winemaker from Australia, has introduced the McGuigan Gold Label, setting a fresh benchmark for attainable luxury within the expanding premium...

Coca-Cola Europacific Partners nears acquisition of Coca-Cola Beverages Philippines, deal in the final stages

Coca-Cola Europacific Partners intends to pursue the acquisition of its counterpart, Coca-Cola Beverages Philippines, a fellow bottler.A "letter of intent" has been signed between...

Alcohol duty overhaul: UK introduces ABV-based taxation system, affecting drink prices

Many alcoholic drinks will now cost more as a new alcohol duty has been introduced by UK Prime Minister Rishi Sunak and Chancellor Jeremy...

UK regulator refutes weak retail competition as cause of soaring food prices

On Thursday, the regulator of Britain's food industry refuted the notion that high food price inflation was a result of weak retail competition. This...

UK alcoholic drinks manufacturer ICB acquired by Kliro Capital Partners, securing full ownership

Intercontinental Brands (ICB), a UK-based independent alcoholic drinks manufacturer, has been acquired by Kliro Capital Partners, an investment company, securing 100% of the share...

UK dairy sector welcomes new regulations for fairness and transparency

Industry bodies have expressed their appreciation for the introduction of new regulations aimed at fostering fairness and transparency within the UK dairy sector.The Department...

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