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Nando’s closed because its out of chicken?

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First KFC… and now Nando’s. Fast-food chains are suffering supply chain issues and now peri-peri chicken is the latest casualty

Peri-peri but no chicken for the spices?

Fast-food chain Nando’s has been forced to close more than 40 stores in Britain after covid related shortages of its peri peri chicken

The UK food industry has been experiencing a disruption recently… after staff shortages hit its chicken supply chain.

Nando’s said shortages have been caused by staff “isolation periods” and suppliers “struggling to keep up with demand”

 “The UK food industry has been experiencing disruption across its supply chain in recent weeks due to staff shortages and Covid isolations, and a number of our restaurants have been impacted.”

Nando’s said

Last week rival KFC said supply chain issues were disrupting both their food and packaging stocks nationwide too.

The company warned fried-chicken lovers that there could be delays for weeks.

A statement said “things may be a little different” in store and packaging might also be changed.

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Money

Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Money

Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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