This week has been a busy one in the world of food news! From rising food costs due to extreme weather to the fall of Jamie Oliver’s restaurant empire, these are the top food news stories that have grabbed our attention this week.
The ‘Beast from the East’ and the summer heatwave could force UK food prices up 5%, according to the Centre for Economics and Business Research (CEBR). Economists from the consultancy believe household food bills are likely to rise by around £7.15 a month because food production has been hampered by prolonged extreme weather.https://www.independent.co.uk/news/uk/home-news/uk-weather-latest-news-updates-food-price-increase-extreme-conditions-a8509471.html
The extreme weather experienced this summer with some dry spells lasting longer than 50 days in some parts of the country has led to predictions of rising food costs in the coming months http://www.dailymail.co.uk/news/article-6101521/Extreme-weather-food-prices-rise-5-households-warned.html
Government to ban energy drink sales to children in England. Ministers will ban the sale of Red Bull, Monster Energy and other energy drinks to children in England amid growing concern about the impact that the high-caffeine, high-sugar drinks are having on young people’s health. https://www.theguardian.com/business/2018/aug/29/ban-sale-energy-drinks-to-children-uk-government-combat-obesity
Delaying breakfast and bringing forward the time you eat dinner may hold the key to a leaner physique. A study found that people who delayed their breakfast by 90 minutes and had their final meal of the day 90 minutes earlier than usual lost more than twice as much body fat on average as those in a control group who maintained normal meal times. https://www.thetimes.co.uk/article/late-breakfast-and-early-dinner-helps-to-fight-flab-2xg20zgfz
Coca-Cola Digs Into Coffee With $5.1 Billion Costa Purchase. Coca-Cola Co. agreed to buy U.K. coffee-shop leader Costa for 3.9 billion pounds ($5.1 billion) in its biggest acquisition in eight years, pushing the soda pioneer into the fiercely competitive java market. https://www.bloomberg.com/news/articles/2018-08-31/coca-cola-to-buy-u-k-s-costa-coffee-chain-for-5-1-billion
Jamie Oliver today revealed how he was forced to pump £12.7 million of his own savings into the crippled Jamie’s Italian restaurant chain in a desperate bid to save it from collapse. https://www.standard.co.uk/news/uk/jamie-oliver-i-rescued-italian-chain-with-12m-of-my-own-savings-a3923441.html
Jamie Oliver: ‘We had simply run out of cash’. The celebrity chef on a year of redundancies, restaurant closures and public criticism. https://www.ft.com/content/0cabc40a-ab16-11e8-89a1-e5de165fa619