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Aldi trading accelerates as UK shoppers seek savings

  Bloomberg Aldi said that more British customers are visiting the discount grocery chain as their first and only supermarket as the higher cost of living weighs on shoppers in the UK. The grocer attracted 1.5 million extra customers over the past 12 weeks and sales of its gourmet Specially Selected range rose 29% as shoppers switched from more expensive ...

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UK air taxi startups lifts off for first time in UK

  Bloomberg Vertical Aerospace Ltd.’s prototype electric air taxi lifted off for the first time this weekend and the company reiterated it was confident that the aircraft will be certified by 2025. The VX4 electric vertical take-off and landing, or eVTOL, vehicle rose in a so-called tethered hover test, in which the aircraft was still attached to the ground for ...

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McDonald’s hikes Japanese menu prices on plunging yen, inflation

Bloomberg McDonald’s Holdings Co Japan will raise menu prices for the second time this year, joining a growing number of businesses passing on the impact of the weakening yen and the highest inflation in decades to the consumers. The fast-food chain will raise the price of about 60% of its products by 10 to 30 yen ($0.07-$0.21) from September 30, ...

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