Newspaper article The Journal (Newcastle, England)

Child Ad Ban to Cut Sales 15%

Newspaper article The Journal (Newcastle, England)

Child Ad Ban to Cut Sales 15%

Article excerpt

The ban on advertising fast food aimed at children could cost Burger King up to pounds 100m in UK sales next year, it has been reported.

Giorgio Minardi, the company's head of north-west Europe, told the Daily Telegraph that once children's adverts stopped airing, turnover would be hit "without doubt by approximately 10% to 15%".

Takeover talk helps hotels

SHARES in InterContinental Hotels continued their climb yesterday amid renewed speculation about a takeover offer for the Holiday Inn operator.

The Windsor, Berkshire, company, which also owns the Crowne Plaza Hotels & Resorts brand, gained almost 5% on Friday and set a new record yesterday in rising more than 5%.

Moss Bros in the pink

EXCITEMENT over a possible Icelandic bid for Moss Bros caused shares in the menswear retailer to jump 15%.

The sharp rise came as investors seized on a weekend report indicating that Baugur would unveil an pounds 80m offer for the firm in the next month. …

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