Starbucks, Costa promise action after British sugar report

Coffee chains Starbucks and Costa promised to come up with healthier drinks on Wednesday after a British campaign group found "dangerously" high sugar levels in some of their hot flavoured beverages.

See Full Article

Out of 131 drinks analyzed by Action on Sugar, 98 per cent were found to have high enough sugar content to merit a red nutritional label, which in Britain indicates food that consumers "should cut down on".

U.S. chain Starbucks' extra large Grape with Chai, Orange and Cinnamon Hot Mulled Fruit contains 99 grams (3.5 ounces) of sugar per serving -- the equivalent of 25 teaspoons, the charity said.

British firm Costa's large Chai Latte was found to contain 20 teaspoons of sugar, while both KFC's Mocha and the extra large Starbucks Signature Hot Chocolate had 15 teaspoons.

"This is yet again another example of scandalous amount of sugar added to our food and drink," said Graham MacGregor, chairman of Action on Sugar.

"No wonder we have the highest rates of obesity in Europe."

A Starbucks spokeswoman said the company had committed this year "to reduce added sugar in our indulgent drinks by 25 per cent by the end of 2020".

"We also offer a wide variety of lighter options," she said.

Costa's head of communications Kerry Parkin said the company had taken "significant steps to reduce the sugar content of our ranges" and would "continue improving the balance of our product offerings".

But Kawther Hashem, a researcher with Action on Sugar, said coffee shop chains should act "immediately" to reduce the amount of sugar used, improve labelling and stop selling extra-large sizes.



Advertisements

Latest Economic News

  • Home Capital troubles may translate to higher interest rates for some borrowers

    Economic CTV News
    TORONTO -- Troubles at Home Capital Group may translate to higher mortgage rates for less creditworthy borrowers if concerns about the sector increase funding costs for other subprime lenders, experts say. "Inevitably this will likely effect all lenders in the alternative space as it puts the spotlight on the risk, and questions the integrity of some of the mortgages they are lending on," said Steve Pipkey co-founder of Vancouver-based Spin Mortgage. Source
  • Canada restarts free trade negotiations with South American trading bloc

    Economic CBC News
    Canada's hectic international trade agenda is about to get even busier, as it takes new steps toward formal free trade negotiations with Mercosur, the trading bloc that includes the key South American markets of Argentina, Brazil, Paraguay and Uruguay, CBC News has learned. Source
  • Imperial Oil not idle amidst oilsands dealmaking, says CEO

    Economic CBC News
    Imperial Oil is reporting first-quarter earnings that reversed a loss in the same period of last year but fell short of analyst expectations. The Calgary-based oil producer and refiner says net income was $333 million or 39 cents per share in the three months ended March 31, boosted by a gain of $151 million on the sale of former refinery lands in Mississauga, Ont. Source
  • Imperial Oil posts first-quarter profit but falls short of forecasts

    Economic CBC News
    Imperial Oil is reporting first-quarter earnings that reversed a loss in the same period of last year but fell short of analyst expectations. The Calgary-based oil producer and refiner says net income was $333 million or 39 cents per share in the three months ended March 31, boosted by a gain of $151 million on the sale of former refinery lands in Mississauga, Ont. Source
  • U.S. economic growth weakened to 0.7 per cent in first quarter

    Economic CBC News
    The U.S. economy turned in the weakest performance in three years in the January-March quarter as consumers sharply slowed their spending. The result underscores the challenge facing President Donald Trump in achieving his ambitious economic growth targets. Source
  • Trump tower fated not to rise in Indonesian isle of the gods

    Economic CTV News
    TANAH LOT, Indonesia -- Thousands of people flock daily to the centuries-old, sacred Hindu temple at Tanah Lot, a rock formation that juts into the Indian Ocean. An island at high tide and flanked by sheer cliffs, it's among Bali's most photographed sites, particularly for the mesmerizing sunsets that transform the waters into a shimmering orange vista. Source
  • Exxon's 1Q profit more than doubles on higher oil prices

    Economic CTV News
    IRVING, Texas -- Exxon more than doubled its profit in the first quarter as rising crude prices magnified the cost cuts made by the company as energy prices tumbled. The Irving, Texas, company earned $4.01 billion, or 95 cents per share, for the three month period, up from $1.81 billion, or 43 cents per share, a year earlier. Source
  • Imperial Oil reports $333M Q1 earnings, raises dividend to 16 cents

    Economic CTV News
    CALGARY - Imperial Oil (TSX:IMO) is reporting first-quarter earnings that reversed a loss in the same period of last year but fell short of analyst expectations. The Calgary-based oil producer and refiner says net income was $333 million or 39 cents per share in the three months ended March 31, boosted by a gain of $151 million on the sale of former refinery lands in Mississauga, Ont. Source
  • Home Capital director quits, citing potential conflict

    Economic CTV News
    TORONTO -- The chief executive of HOOPP has resigned as a director of Home Capital Group and its subsidiaries, citing a potential conflict of interest following the pension fund's decision to provide $2 billion of credit to the mortgage company. Source
  • German airlines to scrap requirement for 2 people in cockpit

    Economic CTV News
    BERLIN -- Germany's aviation association says the country's airlines have decide to scrap rules requiring two people in the cockpit at the same time, implemented after a Germanwings pilot is believed to have crashed his own plane in France two years ago. Source