The Old Lady’s staff – gamers and gold bugs April 13, 2013 BANK of England employees spend their worktime playing online games, planning trips to expensive shops and working out how to buy gold, according to data obtained by The Capitalist. We’ve got hold of a list of the top 500 websites visited by central bank employees over the last year – and it reveals their most popular [...]
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 [...]
Supermarket bosses blame cheap food culture for horsemeat fiasco February 17, 2013 MALCOLM Walker, the chief executive of frozen food supermarket chain Iceland said yesterday local councils are to blame for driving down food quality with cheap food contracts for schools and hospitals. Speaking on the BBC’s Andrew Marr show, Walker said supermarkets should not be held responsible for the horsemeat crisis, arguing that they had become [...]
Ocado chair Michael Grade poised to retire January 21, 2013 OCADO chairman Michael Grade is set to announce his retirement as chairman of the online retailer as early as today. Lord Grade, formerly executive chairman of ITV, has been chairman of Ocado for seven years, overseeing the company’s £800m float three years ago. He is tipped to stand down at Ocado’s annual general meeting in [...]
EAT hires new chief from Costa January 9, 2013 EAT has poached former managing director of Costa Coffee’s retail arm Adrian Johnson to be its new chief executive, the chain said yesterday. It has also bolstered its board by appointing Waitrose veteran Tony Solomons as a senior non-executive.
Sainsbury’s takes the lead at Christmas January 8, 2013 SAINSBURY posted the highest sales growth of the so called big four grocers in the run-up to Christmas and was the only one to grow market share, data revealed yesterday. Figures from Kantar Worldpanel showed Britain’s grocery market grew 3.2 per cent in the 12 weeks to 23 December, with the strongest growth at the [...]
Police raid Yorkshire abattoir over horsemeat kebab fears February 12, 2013 POLICE yesterday raided an abattoir in West Yorkshire and a meat supplier in Aberystwyth as the scandal over the mislabelling of meat products continued to spread. Officials from the Food Standards Agency (FSA) closed down the two sites following allegations that horse carcasses from the Yorkshire site were sold on to the Welsh company for [...]
Baugur chief to burger king January 13, 2013 Former Baugur chief Jon Asgeir Johannesson has re-emerged on the UK investment landscape – as an angel investor in an artisan beef burger maker. Johannesson, who led investments in some of the UK’s biggest high street names before the financial crash, has taken a 25 per cent stake in Muddy Boots Real Foods, a family [...]
Brothers who took a punt on a new market | City A.M. June 13, 2013 Annabel Palmer talks tobacco with Taz and Umer Sheikh: salesmen, business partners, and self-professed pioneers of the growing electronic cigarette industry SIX years ago, the smoking ban came into force in England, making it illegal to smoke in enclosed workplaces. So when I meet Umer Sheikh – the younger of the two Sheikh brothers behind [...]
Brothers who took a punt on a new market June 13, 2013 Annabel Palmer talks tobacco with Taz and Umer Sheikh: salesmen, business partners, and self-professed pioneers of the growing electronic cigarette industry SIX years ago, the smoking ban came into force in England, making it illegal to smoke in enclosed workplaces. So when I meet Umer Sheikh – the younger of the two Sheikh brothers behind [...]