All articles by Alec Mattinson – Page 171
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NewsMedia Bites 22 Nov: Truck drivers, Exports, TPP, Theresa May
Christmas deliveries in the UK could be hampered by a shortage of lorry drivers as the potential pool of workers shrunk to its lowest level since records began in 2005, writes the FT.
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NewsIndustry groups hit out over curbs on business rates appeals
A collection of retail and leisure business groups have called on the UK government to rethink proposals that limit firms appealing that their categorisation of business rates is too high.
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NewsMedia Bites 21 Nov: Petrol prices, Business rates, Tesco
Morrisons is cutting the price of petrol to below £1 a litre for the first time since the Brexit vote, escalating a pre-Christmas price war among Britain’s biggest supermarkets.
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NewsCity News: Majestic shares rise as dividend returns
Majestic Wine insisted this week its turnaround plans remain firmly on track despite plunging to a first-half £4.4m loss
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NewsCity snapshot: Pork sale puts focus back on Dunbia's red meat business
The sale of the Dunbia pork division to Cranswick has reignited speculation that a deal for the remaining red meat business is moving closer. Plus, One Stop’s franchise business made a trading loss of £2m and all the latest news from the City.
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NewsMedia Bites 18 Nov: Tesco, Asda, Majestic Wine, Retail Sales
Tesco has warned suppliers that price rises must be “legitimate” in the wake of a high-profile dispute over increases with the maker of Marmite and PG Tips.
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Analysis & FeaturesIs the Chancellor likely to slash VAT in Autumn Statement?
Do Brexit pressures warrant this highly controversial measure?
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NewsCity Snapshot: Majestic Wine insists sales growth will boost profits after first half loss
Majestic Wine has posted a £4.4m first-half loss after weak commercial performance and the failure of a US marketing campaign despite sales growth of 13%.
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NewsMedia Bites 17 Nov: Amazon, Morrisons, Ocado, Co-op
The papers concentrate their coverage of the Amazon and Morrisons one-hour delivery tie-up on the crash in Ocado’s share price the news caused.
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NewsExports drive increased sales and profits at Moy Park
Third quarter sales edged up at Northern Irish chicken producer Moy Park as a jump in exports negated a fall in domestic sales volumes.
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NewsGreencore swoops for $750m Peacock to "transform" US business
Greencore has announced the US$747.5m (£594.3m) acquisition of US convenience food supplier Peacock to “transform” its business in North America.
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NewsMedia Bites 14 Nov: Tesco, M&S, Birds Eye
Prosecutors will decide within weeks whether to pursue a plea arrangement with Tesco and bring further charges against former bosses over the profits scandal which plunged Britain’s biggest retailer into crisis in 2014.
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Analysis & FeaturesInflationary pressures build but deflation still persists
This week the media’s inflationary focus has turned to Birds Eye fish fingers, Walkers Crisps, and smaller Toblerones…
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NewsMedia Bites 9 Nov: M&S, ABF, Imperial Brands
The dramatic results of M&S’ strategic review get plenty of coverage this morning as well as results from ABF and Imperial Brands.
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NewsCity snapshot: Sainsbury's Coupe sees "good progress" despite sales and profits drop
Sainsbury’s CEO Mike Coupe has insisted the supermarket is making “good progress in challenging conditions”
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NewsFever-Tree upgrades profit expectations
Drinks mixer producer Fever-Tree (FEVR) has upgraded its profits expectations for the year, sending its shares up 10% this morning ..
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NewsMedia Bites 7 Nov: Sainsbury's, Bird's Eye, Walkers, M&S
Sainsbury’s pension deficit has ballooned to more than £1bn, according to analysts ahead of its half-year results this week.
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NewsMedia Bites 3 November: Labour shortage, Food price inflation, Petrol prices
The UK’s food industry is facing the worst labour shortage for at least 12 years as farmers, manufacturers and processors struggle to find enough workers to prepare for the Christmas rush, writes The Guardian.
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NewsCity snapshot: Morrisons posts fourth consecutive quarter of like-for-like sales growth
Morrisons has reported its sales grew 1.6% on a like-for-like basis (ex fuel) in the 13 weeks to October, which represents its fourth consecutive quarter of like-for-like sales growth.
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NewsFirst Milk slashes annual loss after large-scale restructure
First Milk slashed its net loss by £23m and returned to operating profit last year after stripping back its operations and selling loss-making businesses.