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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England's women celebrate after their 3rd place play-off win against Germany
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Ricardo by Edward Sutcliffe, 2014
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The gang rape scene in the Royal Opera’s production of Gioachino Rossini’s Guillaume Tell has caused huge controversy
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Novak Djokovic has been attending the Buddhapadipa Temple for quiet contemplation for several years
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Kissing
life
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wimbledonScot will face Ivo Karlovic next
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Lewis Hamilton takes pole on front of his home fans
f1
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British singer 'Lonelady' performing in Bourges (Getty)
musicMONEY, Lonelady, Dr Meaker... Which ones have you heard of?
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A
Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
Minoan Crete and Santorini
Prices correct as of 15 May 2015
The Greek referendum exposes a gaping hole at the heart of the European Union – its distinct lack of any genuine popular legitimacy

Gaping hole at the heart of the European Union

Treatment of Greece has shown up a lack of genuine legitimacy
Number of young homeless in Britain 'more than three times the official figures'

'Everything changed when I went to the hostel'

Number of young homeless people in Britain is 'more than three times the official figures'
Compton Cricket Club

Compton Cricket Club

Portraits of LA cricketers from notorious suburb to be displayed in London
London now the global money-laundering centre for the drug trade, says crime expert

Wlecome to London, drug money-laundering centre for the world

'Mexico is its heart and London is its head'
The Buddhist temple minutes from Centre Court that helps a winner keep on winning

The Buddhist temple minutes from Centre Court

It helps a winner keep on winning
Is this the future of flying: battery-powered planes made of plastic, and without flight decks?

Is this the future of flying?

Battery-powered planes made of plastic, and without flight decks
Isis are barbarians – but the Caliphate is a dream at the heart of all Muslim traditions

Isis are barbarians

but the Caliphate is an ancient Muslim ideal
The Brink's-Mat curse strikes again: three tons of stolen gold that brought only grief

Curse of Brink's Mat strikes again

Death of John 'Goldfinger' Palmer the latest killing related to 1983 heist
Greece debt crisis: 'The ministers talk to us about miracles' – why Greeks are cynical ahead of the bailout referendum

'The ministers talk to us about miracles'

Why Greeks are cynical ahead of the bailout referendum
Call of the wild: How science is learning to decode the way animals communicate

Call of the wild

How science is learning to decode the way animals communicate
Greece debt crisis: What happened to democracy when it’s a case of 'Vote Yes or else'?

'The economic collapse has happened. What is at risk now is democracy...'

If it doesn’t work in Europe, how is it supposed to work in India or the Middle East, asks Robert Fisk
The science of swearing: What lies behind the use of four-letter words?

The science of swearing

What lies behind the use of four-letter words?
The Real Stories of Migrant Britain: Clive fled from Zimbabwe - now it won't have him back

The Real Stories of Migrant Britain

Clive fled from Zimbabwe - now it won’t have him back
Africa on the menu: Three foodie friends want to popularise dishes from the continent

Africa on the menu

Three foodie friends want to popularise dishes from the hot new continent
Donna Karan is stepping down after 30 years - so who will fill the DKNY creator's boots?

Who will fill Donna Karan's boots?

The designer is stepping down as Chief Designer of DKNY after 30 years. Alexander Fury looks back at the career of 'America's Chanel'