News

Drinks giant announced plans to cut costs by £200m as Chinese sales decline

SABMiller ups beer prices after ingredients costs soar

Add beer to milk, oil and bread. SABMiller, brewer of Peroni and Miller Lite, warned yesterday that it would pass on the rising costs of ingredients to customers through higher prices, piling pressure on consumers already struggling with hefty increases across a range of basic energy and food products.

Ken Hanna: Crunch day for the financialchief of Cadbury

A Day in the Life: Ken Hanna found just one glitch the day Cadbury demerged its US drinks arm. A $9m 'bank error' in his firm's favour

Drinks break for slimmer Cadbury

Dairy Milk maker Cadbury today began life once more as a pure confectionery firm after spinning off its American drinks arm.

I Want Your Job: Brewer

'We've got to get the beer out'

SABMiller finally rules out making rival bid for Scottish & Newcastle

The brewing giant SABMiller has ruled itself out of making a rival bid for Scottish & Newcastle to trump an agreed £7.8bn offer from Carlsberg and Heineken.

No Pain No Gain: Portfolio in profit but loss of S&N to be mourned

The No Pain, No Gain portfolio has endured quite a battering in the past few months. So I should be enthusiastically toasting brewer Scottish & Newcastle's apparent surrender to the combined might of Continental predators, Carlsberg and Heineken, following a hostile three-month confrontation.

S&N in bid talks as brewers raise offer

After three months spent resisting a break-up offer from Carlsberg and Hein-eken, Scottish & Newcastle has finally agreed to takeover talks with its suitors as they agreed to increase their bid price, for the third time, to 800p per share.

Iraq veteran sues Moore over scene in 'Fahrenheit 9/11'

A US military veteran who lost both his arms in the war in Iraq is suing the film-maker Michael Moore for $85m (£46m), claiming that the director incorrectly portrayed him as being against the war in the controversial film Fahrenheit 9/11.

Table Tennis: A televised apology and seven days in the fields... the price of sporting failure in China

The wild man of Chinese table tennis is likely to clean up his act after being punished for kicking a chair. Mike Rowbottom reports

Why Allied Domecq won't drink and drive

Alcohol giant hands sponsorship deals to rival after taking the high moral ground on marketing. Abigail Townsend reports

Pernod eyes bid for Allied Domecq

PERNOD RICARD, the French drinks group behind Martell cognac and Havana Club rum, has appointed advisers to look at a possible takeover deal for its rival, Allied Domecq.

Vimto group toasts £5.5m deal for Panda Pops maker

The family-owned brewery that concocted the "deadly looking" Panda Pops children's drinks brand pocketed £5.5m in cash yesterday when it sold the business to Nichols, the owner of Vimto.

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Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
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Mary Rose – two nights from £319pp
Best comedians: How the professionals go about their funny business, from Sarah Millican to Marcus Brigstocke

Best comedians: How the professionals go about their funny business

For all those wanting to know how stand-ups keep standing, here are some of the best moments
Jokes on Hollywood: 'With comedy film audiences shrinking, it’s time to move on'

Jokes on Hollywood

With comedy film audiences shrinking, it’s time to move on
Edinburgh Fringe 2014: The comedy highlights, from Bridget Christie to Jack Dee

Edinburgh Fringe 2014

The comedy highlights, from Bridget Christie to Jack Dee
Evan Davis: The BBC’s wolf in sheep’s clothing to take over at Newsnight

The BBC’s wolf in sheep’s clothing

What will Evan Davis be like on Newsnight?
Finding the names for America’s shame: What happens to the immigrants crossing the US-Mexico border without documents who never make it past the Arizona desert?

Finding the names for America’s shame

The immigrants crossing the US-Mexico border without documents who never make it past the Arizona desert
Inside a church for Born Again Christians: Speaking to God in a Manchester multiplex

Inside a church for Born Again Christians

As Britain's Anglican church struggles to establish its modern identity, one branch of Christianity is booming
Rihanna, Kim Kardashian and me: How Olivier Rousteing is revitalising the house of Balmain

Olivier Rousteing is revitalising the house of Balmain

Parisian couturier Pierre Balmain made his name dressing the mid-century jet set. Today, Olivier Rousteing – heir to the house Pierre built – is celebrating their 21st-century equivalents. The result? Nothing short of Balmania
Cancer, cardiac arrest, HIV and homelessness - and he's only 39

Incredible survival story of David Tovey

Tovey went from cooking for the Queen to rifling through bins for his supper. His is a startling story of endurance against the odds – and of a social safety net failing at every turn
Backhanders, bribery and abuses of power have soared in China as economy surges

Bribery and abuses of power soar in China

The bribery is fuelled by the surge in China's economy but the rules of corruption are subtle and unspoken, finds Evan Osnos, as he learns the dark arts from a master
Commonwealth Games 2014: Highland terriers stole the show at the opening ceremony

Highland terriers steal the show at opening ceremony

Gillian Orr explores why a dog loved by film stars and presidents is finally having its day
German art world rocked as artists use renowned fat sculpture to distil schnapps

Brewing the fat from artwork angers widow of sculptor

Part of Joseph Beuys' 1982 sculpture 'Fettecke' used to distil schnapps
BBC's The Secret History of Our Streets reveals a fascinating window into Britain's past

BBC takes viewers back down memory lane

The Secret History of Our Streets, which returns with three films looking at Scottish streets, is the inverse of Benefits Street - delivering warmth instead of cynicism
Joe, film review: Nicolas Cage delivers an astonishing performance in low budget drama

Nicolas Cage shines in low-budget drama Joe

Cage plays an ex-con in David Gordon Green's independent drama, which has been adapted from a novel by Larry Brown
How to make your own gourmet ice lollies, granitas, slushy cocktails and frozen yoghurt

Make your own ice lollies and frozen yoghurt

Think outside the cool box for this summer's tempting frozen treats
Ford Fiesta is UK's most popular car of all-time, with sales topping 4.1 million since 1976

Fiesta is UK's most popular car of all-time

Sales have topped 4.1 million since 1976. To celebrate this milestone, four Independent writers recall their Fiestas with pride