Can Oatly milk it? Oatmilk brand gears up for US stock market

“Here comes the post milk generation” is the slogan emblazoned on the side of the electric trucks of the alt-milk brand Oatly. We will soon find out if that’s true as the Swedish oatmilk juggernaut heads towards a mega US stock exchange listing. The Swedish company said this week it had begun work on a […]

UK pub and bar bosses condemn ‘scandalous’ Covid restrictions

Pub and bar bosses have attacked the government over “scandalous” measures that have left them struggling to survive, as a review of the tiered system of coronavirus restrictions offered no respite. The chief executives of JD Wetherspoon and Revolution Bars criticised policies they described as unduly punitive towards the hospitality sector. Speaking as his 67-strong […]

Unilever sets target of €1bn in annual sales of plant-based foods

Unilever is setting a target of €1bn (£900m) in annual sales of its plant-based foods through some of its best-known brands, as it seeks to cash in on the growing number of consumers reducing their meat and dairy intake. The estimated five-fold sales growth over the next five to seven years will be driven by […]

Labour calls for pubs and bars to be granted furlough extension

Labour has warned that many pubs and bars will be forced to close unless the government agrees to extend the furlough wage support scheme, which is due to be withdrawn next month. Night-time hospitality businesses have struggled as punters remain cautious about heading back to their local and Labour warned that the sector would suffer […]

Byron burger chain to cut half its workforce after rescue deal

The burger chain Byron is to make more than half its workforce redundant following a rescue deal that involves the closure of 31 of its 51 restaurants. In what is another blow to the UK’s struggling high streets only 20 of Bryon’s restaurants are being transferred to the new owner Calveton, a private equity firm, […]

Byron to go into administration in attempt to sell parts of burger chain

The private equity owners of the burger chain Byron are preparing to place the company into administration in the hope of attracting a bidder to buy parts of the business in a so-called pre-pack administration. Byron, which is majority-owned by Three Hills Capital Partners, filed a notice of intention on Monday to formally appoint administrators, […]

UK’s largest pubs group agrees lockdown ‘rent credit’ for tenants

The UK’s largest pubs group has agreed to help tenants pay rents following widespread criticism that the industry is leaving publicans in the lurch during the Covid-19 lockdown. Ei Group – formerly known as Enterprise Inns – has said that any of its more than 4,000 pubs that are not receiving government grants will get […]

Pubs fear disaster after being left out of plans to ease lockdown

Pubs face “devastation” after they were excluded from proposals to allow the hospitality industry to reopen in July, fuelling concern that nearly half could be driven out of business by Covid-19. In a speech outlining his roadmap for easing lockdown, Boris Johnson said “at least some of the hospitality industry” could be open again within […]

Brewers say failure to cancel beer duty threatens their survival

Brewers have been dealt a “devastating” blow after the chancellor, Rishi Sunak, refused to cancel monthly beer duty payments, prompting warnings that thousands of jobs are at risk. Small breweries and trade bodies said the requirement for them to pay thousands of pounds in beer duty this month threatened their survival, given that off-licences and […]

BrewDog begins making hand sanitiser amid shortages in UK

The independent brewer BrewDog has begun making hand sanitiser at its distillery in Aberdeenshire amid shortages driven by coronavirus fears. The firm said it would be giving away the “punk sanitiser” for free to those that need it. BrewDog’s founder, James Watt, announced on social media that the company had started producing sanitiser to help […]