Inflation

Deliveroo Lifts Guidance As Efficiency Drive Delivers

Britain's Deliveroo lifted its earnings guidance sharply on Thursday after it improved its algorithm to deliver meals and groceries more efficiently,...

Bottler Coca-Cola HBC Lifts Sales Outlook

Coca-Cola HBC lifted its annual revenue forecast on Wednesday as the bottler benefited from higher prices despite a dip in first-half organic volumes...

UK Consumer Spending Slows In July, Survey Finds

British retailers logged their slowest sales growth in 11 months in July, thanks to rainy weather and high inflation.

Beyond Meat Cuts Annual Revenue Forecast As Faux Meat Demand Dips

Beyond Meat cut annual revenue forecast and missed second-quarter net sales estimates, as slowing demand for its pricier plant-based meat products shows no...

British Caterer Compass Leaves Outlook Unchanged, Shares Fall

Shares in Compass Group fell 4% on Tuesday even after the firm maintained its annual outlook and reported a 15% jump in third-quarter organic rev...

FDI Calls On Government To Extend Energy Support Schemes

Food Drink Ireland (FDI) has called on Government to extend the energy support schemes for business due to on-going cost competitiveness pressures.

UK Meat Producer Cranswick Raises Annual Forecast On Strong Demand

British meat producer Cranswick raised its annual forecast on Monday, betting strong UK demand for fresh pork and gourmet products would help of...

Party Is Over For Champagne As Sales Drop After Two Record Years

Champagne sales and exports are expected to fall this year, pressured by inflation and a return to a more normal rhythm after record sales in the past two...