Greggs is launching a Champagne bar at Fenwick, Newcastle, offering a unique dining experience.Opening on 24 October, the bar is reservation-only, situated in Fenwick’s food hall until 31 December.The menu, crafted with executive chef Mark Reid, features Greggs’ classics with innovative condiments.Champagne options include prestigious labels like Louis Roederer Cristal, priced at £75 per glass.Signature cocktails inspired by Greggs’ sweet treats add to the indulgent offering.Greggs is embarking on an innovative venture by opening a Champagne bar at Fenwick department store in Newcastle, aiming to deliver a unique and premium customer experience. Slated to open on 24 October, this exclusive…
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Sam Allcock
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Greggs will debut a new Champagne bar at Fenwick in Newcastle, dubbed “the UK’s most premium Greggs”.The bar is set to open on 24 October 2024, located in Fenwick’s food hall and operating on a reservation-only basis.Chef Mark Reid has collaborated with Greggs to craft a special menu featuring classic items with modern twists.Champagne enthusiasts can enjoy handpicked selections, including high-end brands like Bollinger Rosé and Laurent Perrier.The pop-up follows last year’s successful Bistro Greggs and promises a unique in-store experience.Greggs is set to elevate its brand image by launching a Champagne bar at Fenwick department store in Newcastle, portraying…
An influencer’s Instagram post featuring Sainsbury’s infant formula has been prohibited by the UK’s Advertising Standards Authority (ASA) for breaching national advertising rules.In a recent development, an Instagram story by influencer Kayleigh Johnson has been barred from circulation due to its promotion of infant formula, which is against UK regulations. The post included an affiliate link directing users to Sainsbury’s website to purchase the infant formula product. It also contained a question about whether users were planning to breastfeed, followed by a link labelled ‘Formula we use’.The ASA has made it clear that under the UK Advertising Code, the marketing…
El Salvador’s bold move to adopt Bitcoin as legal tender sparked global interest. However, a recent survey indicates that the majority of Salvadorans still favour cash for everyday transactions.The adoption rates of Bitcoin among Salvadoran citizens remain low, with government efforts facing challenges converting public interest into regular use.El Salvador’s Ambitious Bitcoin ExperimentIn 2021, El Salvador pioneered a bold economic experiment by adopting Bitcoin as a legal tender. This unprecedented move aimed to integrate cryptocurrency into daily financial interactions. The government’s strategy was expected to catalyse economic growth and attract international investment. Yet, recent surveys suggest that the reality on…
ProCook reports a notable 8.8% rise in sales for its second quarter, hitting £17 million.The kitchenware retailer is set to launch several new stores before the Christmas season.Retail and online channels have shown substantial growth, with a 7.1% and 12.2% increase respectively.Chief Executive Lee Tappenden highlights improved brand awareness with these strategic expansions.ProCook aims to cement a stronger market position through enhanced customer focus and profitability.ProCook has announced an 8.8% increase in sales for its second quarter, reaching a total of £17 million. This growth is attributed to the strong performance of both its retail and online channels.In response to…
Italy has outlined plans to elevate its capital gains tax on Bitcoin from 26% to 42%. This decision forms part of an extensive fiscal strategy to augment national revenue.Such a significant tax hike places Italy among the world’s highest-taxing nations for cryptocurrency, potentially influencing investor behaviour and market dynamics.Italy’s Fiscal Strategy and Bitcoin TaxationItaly is planning to increase its capital gains tax on Bitcoin from 26% to 42%, aligning with its broader fiscal strategy to raise more revenue. This proposal emerges as part of the country’s draft budgetary plan, which aims to gather roughly 4 billion euros in additional revenue…
Procook has reported its fifth consecutive quarter of growth, achieving an 8.8 per cent increase in revenue to £17m for the quarter ending March 27.The growth has been primarily driven by strong performance in Ecommerce, with a 12 per cent increase in sales.Retail sales also saw a significant boost, with a 7.1 per cent increase from the previous year.Analysts have noted effective staff training and strategic location choices as key factors in this success.Despite stock fluctuations, the brand continues to expand its store network and introduce high-quality products.Procook, a leading name in kitchenware, has demonstrated consistent growth, marking its fifth…
The UK’s wine industry is facing potential upheaval as the government prepares to implement substantial changes to alcohol duty from 1 February 2025. This overhaul will introduce over 30 distinct tax bands, complicating the existing framework significantly.Steve Finlan, CEO of the Wine Society, has voiced concerns that these new tax regulations will lead to price hikes for consumers, possibly resulting in some wines being removed from UK shelves. The Wine Society, representing 180,000 members, is among several industry groups expressing criticism towards the government’s approach.Other influential figures in the wine sector, including Majestic Wine and Laithwaites, have echoed these concerns.…
Cardano (ADA) is drawing attention with its potential price shift, sparking discussion on whether it will fall below the $0.25 mark.With its current price at $0.35, ADA is navigating a volatile landscape, prompting analysis of future trends and market influences.As of now, Cardano’s valuation stands at $0.35, reflecting a decline of 1.51% in the past day. Despite holding the 14th rank by market capitalisation, Cardano is facing challenges that may drive its price lower. The sentiment in the market remains cautious as stakeholders keep a close eye on ADA’s price trends.Ray Trader, another analyst, presents an even more dire prediction,…
UK inflation has decreased to 1.7%, its lowest level since 2021, setting the stage for potential interest rate cuts.The latest ONS data reports a decrease from 2.2% in August, surpassing predictions from analysts and the Bank of England.Lower airfares and fuel prices have contributed to the inflation drop, despite rising food and beverage costs.Financial markets are responding, with currency values shifting and bond yields dropping amid rate cut expectations.This inflation change could impact fiscal planning and benefit payments, influencing future economic strategies.The latest data from the Office for National Statistics indicates that the annual inflation rate in the United Kingdom…