Tesco voted worst supermarket in survey of 11,000 UK shoppers February 21, 2013 TESCO has been voted the worst of Britain’s nine major supermarkets in a poll carried out by one of the leading consumer groups. More than 11,000 Which? members rated the supermarkets with customer scores based on customer satisfaction and the likelihood they would recommend it to a friend. Tesco, the UK’s largest supermarket group, came [...]
Horse meat in Tesco burgers January 15, 2013 HORSE meat has been found in beef burgers sold by leading British and Irish supermarkets, it emerged last night. One sample of the meat in Tesco’s Everyday Value Beef Burgers was found to be 29 per cent horse, according to Ireland’s Food Safety Authority (FSAI). Tesco has responded by pulling the burgers from its stores. [...]
Tesco ends deal with supplier in horse scandal January 30, 2013 TESCO yesterday fired a supplier controlled by Ireland’s most powerful beef baron for selling it burgers containing horse meat. The grocer also promised to use DNA testing equipment to check the content of products on its shelves. Britain’s biggest supermarket chain is reeling from a wave of bad publicity after the Irish food safety authority [...]
What the other papers say this morning – 6 August 2013 August 5, 2013 FINANCIAL TIMES UK weighs legal action over Gibraltar Britain is looking at whether it can take Spain to the European courts over its treatment of British nationals at the border with Gibraltar. UK officials are taking advice on whether checks on cars as they try to cross from Spain into Gibraltar violate EU rules on [...]
3D printing could spark high street revival says JP Morgan October 17, 2013 JP Morgan has suggested that 3D printing (3DP) is the trend to watch, although the short term impact will be limited. JP Morgan analysts who visited 'the future is here' exhibition concluded that 3DP should be watched closely and suggested that mall operators should focus on gaining more 3DP store tenants. A major factor in [...]
And a few more things we learned from Apple’s launch October 23, 2013 THE MAC PRO IS A BEAST Mac’s oddly-shaped new desktop computer (pictured right) is a powerhouse. If you’ve got cash to spend (the lowest-priced version will cost £2,499), it will make video editing, heavy Photoshop use or intensive design programs run like a breeze. The cylindrical casing is just an eighth of the volume of [...]
Supermarkets in fuel pricing wars September 26, 2013 THE SUPERMARKET price war on petrol escalated yesterday, when some of Britain’s largest chains slashed costs for the second time in a matter of days and Sainsbury’s became the latest grocer to enter the fray. Asda said that it would cut unleaded petrol by 3p to 128.7p per litre and diesel by 2p to 135.7p [...]
City investors finalise plans for RBS branch bid August 19, 2013 ONE OF the bidders vying for a shot at winning a portfolio of RBS branches is expected to submit a formal offer for the network this morning, after listing on the London stock market to fund the deal. W&G Investments, headed up by former Tesco finance chief Andy Higginson and backed by institutions including Schroders [...]
Best of the brokers for 05 September 2013 September 4, 2013 To appear in Best of the Brokers, email your research to notes@cityam.com PACE Numis tells investors to “sell” shares in the set-top box maker, warning that a glut of disruptive TV platforms from Apple, Intel and Sony is threatening to unsettle the firm’s market. The broker has a target of 200p. SALAMANDER ENERGY Morgan Stanley [...]
Bidders for RBS branches battle to stay in race September 17, 2013 THE BID headed by ex-Tesco Bank executive Andy Higginson is believed have a tougher challenge than its rivals to prove to RBS its offer represents a better deal for the bank than a straight initial public offering. The race to buy the 316 RBS branches is nearing its end, and the W&G Investments consortium is [...]