Brand could disappear, with 87 restaurants and 4,500 jobs at risk after talks over rescue deal collapseThe company behind the UK arm of the TGI Fridays restaurant chain has said it plans to appoint administrators, putting the future of its 87 outlets and 4,500 employees in doubt.The American diner brand could disappear from UK high streets after Hostmore,...

Lord Rose is chair of supermarket and will take over day-to-day duties from Mohsin IssaStuart Rose, the former boss of Marks & Spencer and Topshop, is to take charge of running Asda as the struggling supermarket’s co-owner Mohsin Issa steps back from executive duties amid falling sales.The company said Lord Rose, the chair of Asda, will lead the...

Food container firm affected by ‘challenging macroeconomic environment’Business live – latest updatesTupperware, the lossmaking 78-year-old American plastic food container brand, has filed for bankruptcy and is on the hunt for new owners as it attempts to lure younger customers.The company, which was founded by the chemist Earl Tupper in 1946 and became...

The organic farm shop is a paradise for wealthy Germans. Behind the scenes, we pick and chop vegetables until we’re on the point of collapseWho keeps Europe’s wealthy west going? Underpaid, invisible migrants from its east – and I went undercover to find themI’m lying in a clean bed. There are two triple bunks in the room; six beds. I try to sleep,...

Increase of 11% in a year far outstrips grocery inflation in UK, according to the consumer group Which?Shoppers may face a choccy horror show this Halloween after the price of chocolate shot up 11% in the past year – far outstripping increases for other foods across UK supermarkets.Britons opening their doors to trick-or-treaters could decide to cut...

Policy devised under Conservatives will be reviewed after warnings of chaos for producers and suppliersGovernment plans to force food manufacturers to put “not for EU” labels on all meat and dairy products sold across Britain next month have been indefinitely postponed after warnings that the scheme could cause “chaos” for producers and suppliers.The...