Hilton Food Group buys meat supplier for £28.8m in bid for UK growth – CityAM : CityAM October 29, 2021 Hilton Food Group, which supplies Tesco with fresh food, has bought UK meat supplier Fairfax Meadows for some £28.8m. “This transaction is all about growth,” CEO Philip Heffer explained. “Fairfax Meadow represents a great opportunity for Hilton to expand into an adjacent and growing foodservice sector in the UK.” “We look forward to leveraging Hilton’s [...]
Barclays chief CS Venkat: ‘We are creating a simpler, better, more balanced bank’ February 20, 2024 Barclays chief executive CS "Venkat" Venkatakrishnan has announced that the bank will become "simpler, better and more balanced" in a much-anticipated update on its restructuring plans.
Revealed: Amazon, Walmart and the NHS top wish list for job seekers December 17, 2021 A new study has revealed that Amazon, Walmart and the NHS are the most searched for companies by online job seekers.
Let’s be honest, reusable plastic bags are actually terrible for the environment September 8, 2022 Since 2015, single-use plastic bags have declined by 97 per cent. There’s just one problem: this probably hasn’t helped the environment.
New Zealand Sauvignon Blanc is in short supply – here’s what to do February 25, 2022 The New Zealand Sauvignon Blanc is a stalwart of the London wine list. Even the most wine-wary have probably tried a glass with its distinctive notes of gooseberry and passionfruit. A globally popular choice there is world-wide demand, which is why the current shortage is causing a stir. “The 2021 harvest, while of exceptional quality, [...]
Tesco sees Christmas sales rise for fifth year in a row January 9, 2020 Tesco delivered its fifth consecutive Christmas period of growth last year, outperforming its competitors in a tough retail environment. The grocer’s UK and Ireland division, which includes its wholesale business Booker, increased like-for-like sales by 0.4 per cent in the 19 weeks to 4 January due to a strong operational performance and competitive deals. Read [...]
Caymans link won’t stop Morrisons paying UK taxes, says Leahy October 14, 2021 MORRISONS will pay its taxes in the UK despite the incoming private equity owners using a Cayman Islands firm to operate the business, according to retail giant Sir Terry Leahy. MPs had questioned the arrangement behind the successful Clayton, Dubilier & Rice (CD&R) takeover of the supermarket, sealed in an auction recently, which will see [...]
London markets climb as airlines take off February 7, 2022 London markets posted a strong start to the week yesterday, led higher by airlines taking off. The capital’s premier FTSE 100 index closed 0.76 per cent higher at 7,573.47 points, while the domestically-focused FTSE 250 index, which is more aligned with the health of the UK economy, added 0.39 per cent to reach 21,797.29 points. [...]
FTSE 100’s winners and losers in 2022 December 19, 2022 The Christmas lull is setting in. Investors are bracing to turn off their screens and get away from the daily City grind. Trading volumes on the FTSE 100 are thinning. It’s also that time of year when financial journalists pick through the UK’s worst (and best) performing stocks over the past 12 months. Without further [...]
British Gas profits and Heathrow’s growth keeps FTSE 100 stable May 10, 2022 A strong April for Heathrow and British Gas’s owner Centrica expecting higher profits has helped the FTSE 100 remain steady, up 0.8 per cent at the open this morning. London rose 63 points despite fears about rising inflation, as the UK’s biggest airport lifted its forecast for passenger growth after a spike in travel over [...]