Coronavirus crisis is putting the public good back at the heart of commerce March 26, 2020 Conservative chancellors are not usually known for their inspirational quotes. Rishi Sunak, however, channelled the mood of the nation when he unveiled his bold package to tackle the coronavirus crisis. Ending his speech on a stirring note, he set out how history would judge our response, highlighting the acts of kindness and decency that would [...]
Premier Foods eyes former Reckitt finance boss as new chair August 15, 2019 The former finance boss of Reckitt Benckiser is said to be in the running to take over as chair of Mr Kipling and Angel Delight owner Premier Foods. Colin Day, who until last year was chief executive of cigarette filter manufacturer Essentra, is one of a small number of candidates for the role, Sky News [...]
Oreo and Cadbury owner Mondelez International acquires Tate’s Bake Shop May 7, 2018 International junk food giant Mondelez International announced an approximately $500m (£369.48m) deal to acquire Tate’s Bake Shop yesterday. Tate’s, an American cookie company famed for its thin cookies, will join the ranks of Oreo, Cadbury Dairy Milk and Trident under Mondelez’s umbrella. But the crispy cookie makers will continue as a standalone business and keep [...]
London election results: Who won where in the capital? December 13, 2019 Boris Johnson has led the Conservative party to a thumping majority in the General Election, stealing scores of seats in traditional Labour heartlands. But if Jeremy Corbyn was hoping to offset these losses in London, he was left disappointed – as there was little change in the capital’s 73 constituencies. Overall, London remained predominantly red, [...]
MPs launch legal action to prevent no-deal Brexit parliament shutdown August 6, 2019 A group of MPs has launched legal action designed to stop the Prime Minister from forcing through a no-deal Brexit by shutting down parliament. Liberal Democrat leader Jo Swinson, SNP MP Joanna Cherry and former Labour MP Heidi Allen are among the 75 politicians from both houses putting their name to legal papers lodged at [...]
City Moves for 2 July – Who’s switching jobs? July 2, 2019 Today’s City Moves includes Weatherbys Private Bank, Personal Group and Ocean Outdoor Weatherbys Private Bank David Green has joined Weatherbys Private Bank as head of credit from C. Hoare and Co and will be responsible for ensuring that the bank’s prudent and responsible approach to lending continues. Prior to nearly 19 years at C. Hoare [...]
Watchdog bans payday loan ad encouraging consumers to stockpile for Brexit March 20, 2019 An advert for payday lender Peachy has been banned for using uncertainty around Brexit to encourage consumers to stockpile food. The advert, which appeared in an email from the Manchester-based firm, stated “no one really knows what’s going on with this whole Brexit malarkey” and suggested it was a good idea to have food stockpiled [...]
Mars, Mondelez and Kellogg’s hit with advert bans over inappropriate targeting March 6, 2019 Food brands Mars, Mondelez and Kellogg’s have all been handed down advert bans after the watchdog ruled they had inappropriately targeted children and exaggerated health claims. Mars was censured over an advert for its Wrigley’s Extra chewing gum, which featured on Channel 4’s on-demand service. Read more: Sky Incredibles advert banned over superfast Wi-Fi claims [...]
Segro appoints Mondelez chocolate boss Mary Barnard to the board February 6, 2019 Property group Segro today said it has appointed a veteran of confectionery company Mondelez to its board. Mary Barnard, who is currently president of European chocolate for Mondelez, will take up the position of non-executive director from the beginning of March. Read more: Segro rent soars amid rising e-commerce demand for warehouse space The British [...]
Jaguar Land Rover and Cadbury stop production after Storm Emma water supply failure says Severn Trent March 5, 2018 Car manufacturer Jaguar Land Rover and chocolate giant Cadbury were today forced to stop production at their separate Midlands plants because of damage to the water supply from Storm Emma. Severn Trent said it has been forced to bring in “extra teams and tankers” and increasing production at treatment works as it struggles to keep [...]