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. One of Tesco's biggest shareholders has warned the supermarket's £3. ... [Read full article on BBC ]
Monday 27th of March 2017 06:47:15 PM
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. Tesco has agreed to pay a fine of £129m to avoid prosecution for overstating its profits in 2014. ... [Read full article on BBC ]
Tuesday 28th of March 2017 06:35:26 AM
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. Shopping trolleys at Tesco's biggest supermarkets will be left unlocked when the new £1 coin is released on Tuesday. ... [Read full article on BBC ]
Friday 24th of March 2017 07:57:17 PM
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...."To keep prices low for consumers, it is particularly important that we don't have any new tariffs and we maintain frictionless movement of goods and put consumers at the heart of this," she told the Mail on Sunday. The groups' members include British farms, food giants such as Nestle and supermarket chains such as Tesco. ... [Read full article on BBC ]
Sunday 26th of March 2017 08:55:57 PM
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. Fans of Heineken beers including Amstel, Sol and Kingfisher will not be able to find them in Tesco for the foreseeable future after the supermarket refused to accept price increases the brewer blamed on Brexit and the budget. ... [Read full article on Guardian ]
Wednesday 22nd of March 2017 03:07:10 PM
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....Wholesale prices have dropped and motoring organisations have suggested this merits reduced pump prices. Tesco and Morrisons are cutting prices by 2p a litre on Friday, and Asda and Sainsbury's said they would reduce prices by up to 2p a litre on Saturday. ... [Read full article on BBC ]
Friday 24th of March 2017 03:15:07 PM
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. Tesco is to pay out £235m to settle investigations by the Serious Fraud Office and Financial Conduct Authority into the 2014 accounting scandal that rocked Britain’s biggest retailer. ... [Read full article on Guardian ]
Tuesday 28th of March 2017 07:16:54 AM
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....42. Shares in Tesco finished 1. ... [Read full article on BBC ]
Tuesday 28th of March 2017 08:21:08 AM
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. Despite the fears of Tesco chair John Allan that men are becoming an “endangered species” in boardrooms, the majority of UK company directors are still male and pale. ... [Read full article on Guardian ]
Monday 27th of March 2017 04:00:49 AM
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. The Serious Fraud Office and Tesco are within days of announcing a settlement that could mean Britain’s biggest supermarket chain will pay a multimillion-pound fine over an accounting scandal. ... [Read full article on Guardian ]
Monday 27th of March 2017 05:46:01 PM
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....7%. Shares in Tesco rose 1. ... [Read full article on BBC ]
Thursday 23rd of March 2017 09:31:43 AM
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. Tesco is unlocking 100,000 of its coin-operated supermarket trolleys after the grocery giant failed to convert them in time for the launch of the 12-sided £1 coin on Tuesday. ... [Read full article on Guardian ]
Friday 24th of March 2017 01:37:58 PM
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. Tesco’s £3. ... [Read full article on Guardian ]
Monday 27th of March 2017 06:04:28 PM
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.... The slump in the pound’s value since June is estimated to have increased the cost of raw materials, such as sugar, wheat and packaging, by between 5% and 10% for UK food manufacturers, according to a recent report by analysts at Standard & Poor’s, the credit rating agency. Some of these price negotiations, which are usually carried out behind closed doors, have become high-profile public spats such as last year’s “Marmitegate” standoff between Tesco and consumer brands giant Unilever over the manufacturer’s plan to increase the price of a product range that spans Marmite, Ben & Jerry’s ice-cream and Comfort fabric softener. ... [Read full article on Guardian ]
Sunday 26th of March 2017 12:05:16 AM
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....”. Still, the upcoming switch means we will all be wrestling with problems such as finding the correct change to pay for a locker at your local swimming baths (same as now, then) to businesses like Tesco having to unlock thousands of supermarket trolleys because they’ve failed to convert them in time. ... [Read full article on Guardian ]
Sunday 26th of March 2017 07:00:24 AM
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.... A new harvest of produce from Lincolnshire is about to come on the market, adding to stocks already coming from Cornwall, the Isle of Wight and Suffolk. Morrisons is to cut cauliflower prices to 75p early next week, after Tesco cut its prices from £1 to 79p this week. ... [Read full article on Guardian ]
Friday 24th of March 2017 05:05:46 PM
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....The economist John Kay diagnosed the problem of fake competition over two decades ago. “Consumers can vote for or against Tesco with their feet, and success in product market competition is the most effective method of legitimising corporate authority,” he wrote. ... [Read full article on Guardian ]
Monday 27th of March 2017 05:04:11 PM
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.... . The rules apply to insurance companies and anybody else selling cover, which includes banks, brokers and high-street retailers, such as M&S, Sainsbury’s and Tesco. ... [Read full article on Daily Express ]
Sunday 26th of March 2017 12:01:00 AM
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Latest Finance News related to Tesco

The new 12-sided £1 coin launches – but you may not be able to use it image
....Railway stations and supermarkets have issued little public information about the new coin, and whether it will work in ticket machines and shopping carts. Tesco said last week that it would be unlocking 100,000 of its coin-operated supermarket trolleys because it had failed to convert them in time for the launch of the new £1. ...
Tesco to pay £129m fine over accounting scandal image
Source : Guardian [Read Article] Tuesday 28th of March 2017 07:16:54 AM
Tesco warned over cost of £3.7bn Booker takeover image
Source : BBC [Read Article] Monday 27th of March 2017 06:47:15 PM
Tesco and Serious Fraud Office near to deal over accounting scandal image
Source : Guardian [Read Article] Monday 27th of March 2017 05:46:01 PM
. The Serious Fraud Office and Tesco are within days of announcing a settlement that could mean Britain’s biggest supermarket chain will pay a multimillion-pound fine over an accounting scandal. ...
Is being fined 1% of its profits just a mild irritation for BT? It looks like it | Stefan Stern image
....The economist John Kay diagnosed the problem of fake competition over two decades ago. “Consumers can vote for or against Tesco with their feet, and success in product market competition is the most effective method of legitimising corporate authority,” he wrote. ...
New 12-sided £1 coin hits shops tomorrow edging out old round pound after 30 years image
.... . Tesco trolleys across many of its stores will be unlocked as the supermarket giant performs upgrades so that they can accept the new coin. ...
Women make up less than a quarter of UK boardrooms image
Source : Guardian [Read Article] Monday 27th of March 2017 04:00:49 AM
. Despite the fears of Tesco chair John Allan that men are becoming an “endangered species” in boardrooms, the majority of UK company directors are still male and pale. ...
Brexit: Food chiefs warn on EU tariffs image
Source : BBC [Read Article] Sunday 26th of March 2017 08:55:57 PM
...."To keep prices low for consumers, it is particularly important that we don't have any new tariffs and we maintain frictionless movement of goods and put consumers at the heart of this," she told the Mail on Sunday. The groups' members include British farms, food giants such as Nestle and supermarket chains such as Tesco. ...
Thought Mike Ashley was hard to work for? Meet Jennifer Hardy image
Source : Guardian [Read Article] Sunday 26th of March 2017 07:00:24 AM
....”. Still, the upcoming switch means we will all be wrestling with problems such as finding the correct change to pay for a locker at your local swimming baths (same as now, then) to businesses like Tesco having to unlock thousands of supermarket trolleys because they’ve failed to convert them in time. ...
Austerity bites? Less chocolate for your money as packets shrink image
Source : Guardian [Read Article] Sunday 26th of March 2017 12:05:16 AM
.... The slump in the pound’s value since June is estimated to have increased the cost of raw materials, such as sugar, wheat and packaging, by between 5% and 10% for UK food manufacturers, according to a recent report by analysts at Standard & Poor’s, the credit rating agency. Some of these price negotiations, which are usually carried out behind closed doors, have become high-profile public spats such as last year’s “Marmitegate” standoff between Tesco and consumer brands giant Unilever over the manufacturer’s plan to increase the price of a product range that spans Marmite, Ben & Jerry’s ice-cream and Comfort fabric softener. ...
Taking the easy option with car insurance renewal can be costly image
Source : Daily Express [Read Article] Sunday 26th of March 2017 12:01:00 AM
.... . The rules apply to insurance companies and anybody else selling cover, which includes banks, brokers and high-street retailers, such as M&S, Sainsbury’s and Tesco. ...
New £1 coin: Tesco to leave trolleys unlocked image
Source : BBC [Read Article] Friday 24th of March 2017 07:57:17 PM
. Shopping trolleys at Tesco's biggest supermarkets will be left unlocked when the new £1 coin is released on Tuesday. ...
Cauliflower prices slashed as UK's warm weather leads to glut image
Source : Guardian [Read Article] Friday 24th of March 2017 05:05:46 PM
.... A new harvest of produce from Lincolnshire is about to come on the market, adding to stocks already coming from Cornwall, the Isle of Wight and Suffolk. Morrisons is to cut cauliflower prices to 75p early next week, after Tesco cut its prices from £1 to 79p this week. ...
Petrol and diesel prices cut amid pressure on retailers image
Source : BBC [Read Article] Friday 24th of March 2017 03:15:07 PM
....Wholesale prices have dropped and motoring organisations have suggested this merits reduced pump prices. Tesco and Morrisons are cutting prices by 2p a litre on Friday, and Asda and Sainsbury's said they would reduce prices by up to 2p a litre on Saturday. ...
New £1 coin: Tesco to unlock every trolley as it misses deadline image
Source : Guardian [Read Article] Friday 24th of March 2017 01:37:58 PM
. Tesco is unlocking 100,000 of its coin-operated supermarket trolleys after the grocery giant failed to convert them in time for the launch of the 12-sided £1 coin on Tuesday. ...
Tesco pulls Sol, Amstel and Tiger from shelves in Brexit price row image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 03:07:10 PM
. Fans of Heineken beers including Amstel, Sol and Kingfisher will not be able to find them in Tesco for the foreseeable future after the supermarket refused to accept price increases the brewer blamed on Brexit and the budget. ...
Make your money go the distance this summer image
Source : Daily Express [Read Article] Tuesday 21st of March 2017 10:02:00 PM
.... . Instead, use an online currency service, such as Asda, ICE, FairFX, M&S, Post Office, Tesco or Travelex, who offer home delivery for around £5, or nothing at all on larger orders. ...
Waitrose axes free coffee for shoppers – unless they buy something first image
.... The group, which includes the John Lewis departments store chain, said the bonus had been cut to strengthen its balance sheet amid structural changes in the retail sector and rising costs linked to the devaluation of sterling since the Brexit vote. Waitrose faces tough competition in the UK as discount rivals Lidl and Aldi expand and market leader Tesco fights harder on price. ...
Waitrose coffee change gives grounds for complaint image
Source : BBC [Read Article] Tuesday 21st of March 2017 11:13:26 AM
.... Drivers need to pay a small charge to fill up their tyres. The charge has been around for a while, but Tesco angered some drivers last year, when it increased the minimum price to use the pumps from 20p to 50p. ...
Google to overhaul advertising policies after growing boycott image
Source : Guardian [Read Article] Tuesday 21st of March 2017 09:48:57 AM
....It is not yet clear whether the new measures go far enough to reassure advertisers. Tesco, Toyota and Volkswagen became the latest major brands to suspend advertising, joining the BBC, L’Oréal, HSBC, Royal Bank of Scotland, Lloyds, Audi, Channel 4 and the Guardian on a list that now features some 250 firms. ...
When it comes to deactivating ‘find my iPhone’, I’m lost image
Source : Guardian [Read Article] Tuesday 21st of March 2017 07:00:07 AM
. My iPhone, which I purchased from Tesco Mobile on a 24-month contract back in May 2016, stopped working in early January this year. ...
UK Mail driver who was unable to work after car accident charged £800 image
....Delivery company UK Mail has been accused of “ripping off” workers and using “inhuman” practices after it charged a courier nearly £800 when he was unable to work as a result of a car accident while on duty. The £250m business, which delivers for retailers including Tesco, Homebase and O2, billed 47-year old Emil Ibrahimov £216 on the days he could not work after a car drove into him while he was carrying parcels from the rear of his van in east London. ...
Google braces for questions as more big-name firms pull adverts image
Source : Guardian [Read Article] Sunday 19th of March 2017 03:24:45 PM
.... They include McDonald’s, L’Oréal, Audi, Sainsbury’s, Argos and the BBC. Government spending has also been suspended while Tesco is understood to have “paused” spending on YouTube. ...
Tax year end 2017: Are ISAs or current accounts the best place to save £5,000?  image
Source : Daily Express [Read Article] Thursday 16th of March 2017 04:19:00 PM
....65 per cent on current accounts, with top rates of three per cent available from Nationwide and TSB. Tesco Bank has also guaranteed to offer a rate of three per cent on its current account from April 1 and not drop it any time before April 2019. ...
Sainsbury's sales fall but Argos growth strengthens image
Source : BBC [Read Article] Thursday 16th of March 2017 07:24:57 AM
....Neil Wilson of ETX Capital said Sainsbury's was being squeezed from all sides. "Sainsbury's did very well when Tesco and others were struggling but is now facing its own challenges. ...
Too many firms game the system. They should be transforming lives  | Aditya Chakrabortty image
.... In one of the richest countries on Earth, it is possible to be in work – but to be on such irregular hours or low pay that you are homeless or starving. Among the hundreds who come to Neo for food are nurses, Tesco staff and factory workers on temp contracts. ...
Asda offers staff a pay rise for 'flexible' contract image
Source : BBC [Read Article] Monday 13th of March 2017 03:18:08 PM
....". The UK's third-biggest supermarket chain, after Tesco and Sainsbury's, has been struggling with declining sales. ...
Britons like vodka and Nike and won't consider Airbnb, survey reveals image
Source : Guardian [Read Article] Sunday 12th of March 2017 03:42:14 PM
....7bn for gambling firms last year. When it comes to groceries, Tesco remains the most popular choice, with 62% of consumers putting it in their top three, followed by Sainsbury’s, Asda and Aldi. ...
Call to boycott Tesco over 'endangered' white men claim image
Source : Guardian [Read Article] Saturday 11th of March 2017 01:31:13 PM
. Activists have called for shoppers to boycott Tesco after the supermarket’s chairman claimed white men were becoming an “endangered species” in UK boardrooms. ...
Tesco chairman: White men 'endangered species' in UK boardrooms image
Source : BBC [Read Article] Saturday 11th of March 2017 01:00:09 PM
. White men are becoming an "endangered species" in top business jobs as companies take on more women and ethnic minorities, Tesco's chairman has said. ...
Replacing EU hospitality workers after Brexit 'will take 10 years' image
Source : Guardian [Read Article] Saturday 11th of March 2017 08:00:29 AM
.... In Italy working as a barista is not a bad thing,” she said, adding that her first mission was to learn English. For Congo-born Elie Kankolongdu, 20, who has been in the UK for five years, Pret is a step up from working in warehouses for Tesco and Asda. ...
White men 'endangered species' in UK boardrooms, says Tesco chairman image
Source : Guardian [Read Article] Friday 10th of March 2017 11:24:44 PM
. White men are becoming an endangered species in some of the most senior positions in business as firms try to recruit more women and people from minority ethnic backgrounds, Tesco’s chairman has said. ...
Tesco to pay back thousands of underpaid staff image
Source : BBC [Read Article] Thursday 9th of March 2017 11:24:00 AM
. Tesco is reimbursing 140,000 current and former staff who were left underpaid due to a payroll error. ...
Tesco to pay out nearly £10m to staff after payroll errors image
Source : Guardian [Read Article] Thursday 9th of March 2017 10:56:20 AM
Savers are getting worse return than ever while risk takers are benefiting image
Source : Daily Express [Read Article] Wednesday 8th of March 2017 12:01:00 AM
.... You need to pay in a minimum £1,000 per month to qualify. Other high-interest accounts from the likes of Santander and Tesco have been either cut or withdrawn, although TSB Classic Plus still pays 3 per cent on up to £1,500, if you pay in £500 a month. ...
How to save WH Smith from its 'godawful uniformity' image
Source : Guardian [Read Article] Tuesday 7th of March 2017 04:52:17 PM
....” The store needs to work out what it is – currently, the prices are too high to compete with the pound shops, but it does not offer a luxurious shopping experience. “It has the Tesco problem where it wants to be everything to everybody, and that tends not to work out. ...
Food inflation doubles in a month as UK shoppers start to feel the pinch image
....The rise in food prices ends a run of falling costs that began in September 2014 as supermarket competition in the sector intensified and companies stepped up price wars. Fraser McKevitt, head of retail and consumer insight at Kantar Worldpanel, said that supermarkets including Tesco, Sainsbury’s, Asda and Morrisons – the so-called big four – were now benefiting from rising prices. ...
Budgens closes 34 stores with loss of 815 jobs image
Source : Guardian [Read Article] Tuesday 7th of March 2017 10:04:23 AM
.... Nine stores have already been closed, with the remaining 25 scheduled to shut over the next two weeks. The Budgens brand is owned by food wholesaler Booker, which is being taken over by Tesco in a £3. ...
Budgens: More than 800 jobs lost as 34 stores close image
Source : BBC [Read Article] Tuesday 7th of March 2017 08:31:22 AM
...." . The Budgens brand is owned by food wholesale giant Booker, which is currently in the process of being taken over by Tesco. ...
Sainsbury's to cut 400 jobs in shakeup of operations image
Source : Guardian [Read Article] Friday 3rd of March 2017 06:56:36 PM
....”. Britain’s biggest four food retailers – Tesco, Sainsbury’s, Asda and Morrisons – are overhauling their business models in response to dramatic changes in how Britain buys its food. ...
The Crusader: Customer challenges dealer over £11,000 SECOND-HAND motor’s breakdown image
....One other avenue does offer a ray of hope. He part paid for the car with his Tesco credit card and it is considering his section 75 joint liability claim, working with him about the cost of the items he did not receive at the time of the purchase. ...
'Timid' financial regulator needs more powers, Lord Myners says image
Source : BBC [Read Article] Thursday 2nd of March 2017 11:03:29 AM
....The FRC said it had requested more powers to tackle bad behaviour. From the end of MG Rover, to the near-collapse of Royal Bank of Scotland and HBOS, through to Tesco's accounting scandal and BHS's extinction, failings in corporate leadership have continued to stalk UK businesses. ...
Asda imposes harsher terms on suppliers after pound's Brexit slide image
Source : Guardian [Read Article] Thursday 2nd of March 2017 10:25:36 AM
....Asda has been under intense pressure to reverse its fortunes after food shoppers flocked to discounters Aldi and Lidl and customers looking for cheap clothes migrated to Primark. It is the weakest of the big four grocers and its sales have lagged behind Tesco, Sainsbury’s and Morrisons. ...
Quorn recalls mince over fears it contains metal pieces image
Source : BBC [Read Article] Thursday 2nd of March 2017 09:56:51 AM
....The Food Standards Agency warned customers not to eat the product because it represented a safety risk. The recall only affects products sold at Tesco stores and does not include goods bought before 27 February 2017. ...
Related to :
Boots, Walkers crisps and Greggs cost cutting puts 1,400 UK jobs at risk image
Source : Guardian [Read Article] Wednesday 1st of March 2017 04:15:37 PM
....Timpson Group, the shoe-mending company, is also expanding into photo gifts and processing. The company, which owns Snappy Snaps and bought Tesco’s photo processing business in 2014 (it now operates under the Max Spielmann brand), opened 10 more photo outlets last year. ...
Whisper it: small towns need a Waterstones | Fay Schopen image
Source : Guardian [Read Article] Wednesday 1st of March 2017 10:40:00 AM
....Four years ago I moved to Whitstable, a charming seaside town, much like Rye or Southwold, and stuffed full of independent shops. Shortly before I arrived a similar scandal had beset the town – a coffee shop, Harris + Hoole, had attempted to open, only to be swiftly unmasked as part of a chain, at the time 49% owned by Tesco. ...
Sainsbury's named world's best sustainable seafood supermarket image
Source : Guardian [Read Article] Wednesday 1st of March 2017 12:01:42 AM
.... “The MSC label means the ‘science bit’ has been done for you. Sainsbury’s, Waitrose, Tesco, Lidl and Aldi are offering their customers clear labelling and the chance to make a difference, helping to protect fish stocks. ...
Theresa May must block London Stock Exchange bids until after Brexit | Nils Pratley image
.... Truss will review the current framework to ensure it remains “fit for purpose”, which suggests she knows it isn’t. PriceWaterhouseCoopers was the auditor on the job at Tesco when the supermarket chain confessed to a £263m overstatement of profits. ...
Tesco to replace 1,700 managers with lower-paid staff image
Source : BBC [Read Article] Monday 27th of February 2017 03:31:16 PM
. Tesco plans to replace 1,700 deputy managers in its chain of Express convenience stores. ...
Waterstones chief defends decision to open unbranded stores image
Source : Guardian [Read Article] Monday 27th of February 2017 09:50:38 AM
....”. The row echoes the disapproving reception that greeted Tesco’s 2013 decision to open a chain of coffee shops under the brand Harris + Hoole, which many customers said that they presumed to be independent. ...
UK falls in love again with Fairtrade bananas and coffee image
Source : Guardian [Read Article] Monday 27th of February 2017 07:01:03 AM
....The sales will trigger payments of about £30m in premiums, on top of the price paid for goods, for use in social projects in developing countries including Malawi and the Dominican Republic. The volume of bananas, by far the biggest Fairtrade product in the UK, rose 6% amid strong sales at the likes of Sainsbury’s and Waitrose, which only stock the Fairtrade version of the fruit, while Tesco, the UK’s biggest retailer, began stocking Fairtrade bananas for the first time. ...
Strawberry deals forever? British fruit in shops two months early image
Source : Guardian [Read Article] Monday 27th of February 2017 12:01:44 AM
.... Historically, in England, strawberries started appearing on 1 May and were available until the end of September. M&S and Tesco intend to have the British-grown fruit in selected stores this week, with availability increasing throughout the spring. ...
Vast losses at RBS are a legacy of a failed system | Will Hutton image
Source : Guardian [Read Article] Sunday 26th of February 2017 12:05:15 AM
.... Rolls-Royce has paid £671m in penalties to the UK, US and Brazilian governments to settle bribery and corruption claims in 12 countries. Tesco had to take huge writedowns over scarcely credible, large-scale accounting irregularities. ...
If EU workers go, will robots step in to pick and pack Britain’s dinners? image
Source : Guardian [Read Article] Saturday 25th of February 2017 04:00:05 PM
....”. James Simpson, managing director of Kent apple producer Adrian Scripps, a major supplier to Tesco, is one of those who has already decided to invest. ...
Quids in: why it’s time to get rid of your £1 coins image
Source : Guardian [Read Article] Saturday 25th of February 2017 07:00:05 AM
....The Automatic Vending Association has predicted that the upgrades required so that the UK’s estimated 500,000 vending machines are ready to accept the new £1 coins will cost around £32m. As for supermarket trolleys, Tesco told us: “We’ve replaced the lock … The new coin slots will accept the old and new pound as well as existing trolley tokens. ...
Norwegian's low-cost long-haul transatlantic fares take off quickly image
Source : Guardian [Read Article] Saturday 25th of February 2017 07:00:05 AM
.... In a move reminiscent of Ryanair’s notorious Frankfurt (Hahn) gambit – which involved the airline flying to an old military base 75 miles from the German hub – Norwegian will be offloading its New York passengers at Stewart international, an airport that has not hitherto troubled many international travellers. Its terminal building, with the red brick and mock turrets that resemble an out-of-town Tesco supermarket, includes a newsstand and a small gift shop, while the outskirts of New York city itself are a good 90-minute drive away. ...
Supermarket sourcing image
Source : BBC [Read Article] Wednesday 22nd of February 2017 12:18:01 AM
....Supermarkets are coy on just how much they source from the UK, with Morrisons the only one of the "Big Four" to answer my email on this question. Tesco, Asda and Sainsbury's did not reply. ...
Savers told to vote with their feet for best deals, says finance expert image
Source : Daily Express [Read Article] Wednesday 22nd of February 2017 12:01:00 AM
....New challenge. The new breed of challenger banks are bucking the trend, with Virgin Money, Post Office Money, TSB and Tesco Bank all currently offering market leading savings rates. ...
Shoppers set to DITCH big brands & switch to cheaper own-label produce if food prices rise image
.... . Other food manufacturers have followed suit, with Unilever hitting the headlines in the Marmitegate spat with Tesco, and rival Premier Foods admitting it is considering rises in recommended selling prices across its branded portfolio in response to the devalued pound and commodity prices. ...
Another Brexit downside: foreign giants in power grabs for famous British names image
....There are some factors in Kraft Heinz’s favour. Unilever’s recent row with Tesco about increasing the price of Marmite shows it is working hard to protect profit margins at a time when costs are rising and supermarkets are trying to push food prices down. ...
Organic food sales soar as shoppers put quality before price image
Source : Guardian [Read Article] Sunday 19th of February 2017 07:00:02 AM
.... This week the Soil Association will release its annual report on the state of the organic food market, which is expected to show that it has grown for the fourth consecutive year. Meanwhile, Tesco says that organic sales in its stores have risen by 15% in the past year. ...
Waitrose voted UK's best supermarket image
Source : Guardian [Read Article] Thursday 16th of February 2017 12:01:26 AM
....2% share of the UK supermarket business (according to recent Kantar figures), yet with 17. 5% of the frozen food market, second only to Tesco. ...
Wine lovers face triple whammy Brexit price rise, says UK trade body image
Source : Guardian [Read Article] Tuesday 14th of February 2017 07:01:36 AM
....In 2016 Brits bought more than 131m bottles of fizz from UK shops and supermarkets – up 13% on the previous year. Some of the country’s biggest supermarkets, including Sainsbury’s, Tesco, Waitrose and Morrisons, triggered a price war by applying deep discounts. ...
The Co-op Bank is the new Bradford & Bingley image
Source : Guardian [Read Article] Monday 13th of February 2017 02:34:40 PM
Buy one, get none free? Tesco checks all prices amid overcharging claims image
Source : Guardian [Read Article] Monday 13th of February 2017 09:14:46 AM
. Tesco is to check the prices of all items in every store after an investigation found customers were being short-changed on promotions. ...
UK labour shortages reported as EU worker numbers fall image
Source : Guardian [Read Article] Monday 13th of February 2017 07:01:07 AM
....At the end of last year industry groups representing the major supermarkets and food manufacturers warned that EU workers provided “an essential reservoir of skilled, semi-skilled and unskilled labour” and without them food prices would rise. The open letter to the government was signed by 30 food and drink industry bodies, including the Food and Drink Federation, which represents major suppliers, including Marmite maker Unilever and Mr Kipling owner Premier Foods; the British Retail Consortium, which counts Tesco, Sainsbury’s, Asda and Morrisons among its members, and the National Farmers Union. ...
Five minute guide to choosing to invest in premium bonds image
Source : Daily Express [Read Article] Sunday 12th of February 2017 12:01:00 AM
....You can get higher rates from current accounts, with Santander 123 paying 1. 50 per cent on balances up to £20,000, Tesco Bank paying 3 per cent on up to £3,000, and Nationwide’s FlexDirect paying 5 per cent on up to £2,500, but only for 12 months. ...
Five reasons why Waitrose is closing stores image
Source : Guardian [Read Article] Thursday 9th of February 2017 02:57:04 PM
....3m in the six months to the end of July, even before a £25m write down of property assets where it no longer wants to build stores. Its “big four” supermarket rivals – Tesco, Sainsbury’s, Asda and Morrisons – have already pushed through restructuring plans in the face of an increasingly competitive landscape and the growth of online shopping. ...
Tesco's plan bee:  spilt supermarket sugar to help feed hungry honey bees image
Source : Guardian [Read Article] Thursday 9th of February 2017 08:35:10 AM
....Waste sugar routinely thrown away by supermarkets is being collected to help feed stricken bees in Britain struggling to get enough nectar to feed themselves. In the first UK trial of its kind, discarded sugar from split bags rated no longer fit for human consumption, along with surpluses from in-store bakeries, is being shipped from Tesco stores in Cornwall and Devon to a beekeepers’ group. ...
Lloyds must compensate the victims of the £245m HBOS scam – fast | Nils Pratley image
.... Pennycock’s main role has been to improve the core grocery business. He’s achieved that and, let’s hope, proved to even suspicious Co-op members that you need level-headed professionals in the boardroom when you’re up against Tesco and Aldi. ...
Church of England: we'll vote to block excessive boardroom pay deals image
Source : Guardian [Read Article] Tuesday 7th of February 2017 05:31:51 PM
....”. The Church Commissioners’ largest stakes are in banking groups such as Lloyds and HSBC, supermarket group Tesco and pharmaceutical company AstraZeneca. ...
Co-op CEO Richard Pennycook to step down image
Source : Guardian [Read Article] Tuesday 7th of February 2017 04:13:24 PM
....Murrells joined the Co-op in 2012 and has led a successful turnaround of its once ailing grocery chain. The former Tesco executive will replace the outgoing chief executive on the group board on 1 March. ...

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