Dalton Philips, the former‎ boss of supermarket chain Morrisons, is to return to the British high street in a leading role at one of Britain’s fastest-growing casual dining groups. Sky News has revealed that Philips will today be named as the chairman of Byron, the upmarket burger chain. It will be the former Morrisons chief’s most prominent corporate role in the UK since he left the grocer at the beginning of last year following disappointing Christmas sales. (Sky News)

Junk food adverts aimed at children are to be banned online, in print and in the cinema after a consultation on the damage they do by encouraging children to eat fattening and unhealthy food. The announcement of curbs in non-broadcast media by the Committee on Advertising Practice was greeted with relief by health campaigners, who have long been frustrated by the deluge of ads for sweets, sugary drinks and fat-laden foods aimed at children, especially via their smartphones, often in the form of games. (The Guardian)

The rule change means that for the first time ever online and social media will be brought into line with television, where strict regulation prohibits the advertising of unhealthy food to children (Sky News). However, critics say the new rules do not go far enough and may not have any impact. They point to the thousands of children watching TV shows and videos online not specifically targeted at children, which these rules will not cover (The BBC).

Craft beer maker Camden Town Brewery is preparing to roll out its flagship Hells lager across bars and restaurants in New York from later this month. The nine-year-old brewer will offer thirsty New Yorkers a taste of north London in the first phase of a multi-national expansion funded by FTSE 100 parent company Anheuser-Busch InBev, which will take its brew to bars in the US and Europe (The Telegraph). AB InBev is spending £25m on a new brewery in Enfield, which represents the largest investment into London’s brewing industry for 30 years (The Daily Mail)

Online shoppers will typically spend two-and-a-half hours sorting out a delivery problem this Christmas - because an item is late, turns up broken or doesn’t arrive at all – Citizens Advice has warned. With the busiest shopping period of the year now under way, the national charity’s latest consumer advice trends report reveals people experienced 4.8m delivery problems last year –and spent 11.8m hours trying to sort them out. (The Guardian)

Shares of Costco slipped slightly in extended trading on Wednesday after the membership-based retailer reported sales and fees that fell short of Wall Street’s expectations despite a healthy boost to its profit. (The Financial Times £)

Starbucks plans to open another 12,000 coffee shops by 2021, marking a major expansion of its global network. The move means it will have 37,000 outlets across the world in five years’ time. The company, which has 900 shops in the UK, did not give a regional breakdown or outline where new ones would be opening. (The Daily Mail)

Britain’s manufacturing output unexpectedly slumped in October as a sharp drop in pharmaceutical production dragged on the industry. In a blow to hopes that UK economic growth would hold up in the fourth quarter, official figures showed manufacturing output fell 0.9% in October, down from a 0.6% rise in September, with economists eyeing 0.2% growth. (The Daily Mail)

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