Tesco has put the rollout of its US c-store chain Fresh & Easy Neighborhood Market on hold while it reviews its performance. The Telegraph said Tesco was understood to have called a three-month halt to the expansion after opening almost 60 stores since last autumn. The move would spark more speculation about the performance of Britain's biggest retailer in the US, the paper said.
Crawshaws, one of the UK's biggest independent butchers, intends to open at least 400 branches during the next 10 to 15 years, fuelled by the £4m it is seeking as part of its move to AIM. The chain, which has 14 shops in Yorkshire and Lincolnshire, is joining AIM through a reverse takeover of cash shell Felix Group, and will have a market value of £17.5m.
Eating one sausage or three rashers of bacon a day can increase the danger of getting bowel cancer by a fifth, according to the Daily Mirror, but two-thirds of people in Britain are not aware that eating processed meat raises the risk of getting cancer. Professor Martin Wiseman, medical and scientific adviser for the World Cancer Research Fund, said there was also evidence that red meat could cause bowel cancer.
Six shareholders are increasing pressure on Marks & Spencer to compromise over its decision to elevate Sir Stuart Rose to the combined role of executive chairman and CEO. They hold "well over 10% of the retailer's stock", according to the paper, and have raised their concerns with M&S in the past fortnight, also demanding that M&S reconsiders the appointment of David Michels as deputy chairman.
Sir Ken Morrison has rearranged his £1bn stake in Morrisons to save £100m in capital gains tax. The retired chairman of the chain has gifted 86 million shares into the Kenneth Morrison Discretionary Settlement to take advantage of the lower rate of capital gains tax, which rises from 10% to 18% after 5 April.
Crawshaws, one of the UK's biggest independent butchers, intends to open at least 400 branches during the next 10 to 15 years, fuelled by the £4m it is seeking as part of its move to AIM. The chain, which has 14 shops in Yorkshire and Lincolnshire, is joining AIM through a reverse takeover of cash shell Felix Group, and will have a market value of £17.5m.
Eating one sausage or three rashers of bacon a day can increase the danger of getting bowel cancer by a fifth, according to the Daily Mirror, but two-thirds of people in Britain are not aware that eating processed meat raises the risk of getting cancer. Professor Martin Wiseman, medical and scientific adviser for the World Cancer Research Fund, said there was also evidence that red meat could cause bowel cancer.
Six shareholders are increasing pressure on Marks & Spencer to compromise over its decision to elevate Sir Stuart Rose to the combined role of executive chairman and CEO. They hold "well over 10% of the retailer's stock", according to the paper, and have raised their concerns with M&S in the past fortnight, also demanding that M&S reconsiders the appointment of David Michels as deputy chairman.
Sir Ken Morrison has rearranged his £1bn stake in Morrisons to save £100m in capital gains tax. The retired chairman of the chain has gifted 86 million shares into the Kenneth Morrison Discretionary Settlement to take advantage of the lower rate of capital gains tax, which rises from 10% to 18% after 5 April.
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