Morrisons won’t be run from Cayman Islands, insists Leahy
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Morrisons is to keep paying corporation tax and will not be run from a Cayman Islands tax haven, its incoming chairman has said.
Sir Terry Leahy, who managed Tesco for…
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Credit Suisse yanks up Tesco share price target
Tesco looks set to stay at the top of the grocery food chain as Credit Suisse raised the supermarket’s target share price.
According to Proactive, the new target is up…
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Sunak urged to cut business rates by 41 trade unions
Employers representing millions of workers have called for reform of business rates to help boost investment in “green” initiatives.
The CBI, and 41 trade associations including the BRC, issued a…
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‘Food is too cheap,’ claims supermarket supply giant
Food inflation could hit double digits because prices are unsustainably low, “Chicken King” Ranjit Boparan has warned.
It comes after dairy company Arla revealed it had been rocked by a…
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Sainsbury’s drivers handed extra £2.2k after strike warning
More than 200 Sainsbury’s lorry drivers have won a 6.2 per cent pay rise after threatening to leave shelves “empty” across London.
The workers, employed by DHL at a Dartford…
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Changing of the guard at Tesco as 2 directors depart
Tesco has lost two senior directors with a combined six decades at the supermarket.
Citing a note sent to staff, The Grocer reports that UK fresh produce director Darren Clough…
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Sainsbury’s stocks 100% vegan OmniFoods range
OmniFoods has announced that its 100 per cent plant-based pork-style proteins are now available at Sainsbury’s.
The OmniPork mince and newly available OmniPork strips can be found at 119 Sainsbury’s…
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Sainsbury’s to “significantly” remove 15 tonnes of plastic
Sainsbury’s has announced its new Halloween decorative range will feature “significantly” reduced amounts of plastic.
The move means the Big 4 grocer is eliminating over 15 tonnes of plastic from…
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Shops could get rid of cashiers ‘today’, say analysts
The friendly faces behind a checkout could soon disappear because their jobs are “rife for automation”, analysts have said.
It comes as retail giants including Amazon and Tesco start to…
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Keep an eye on private equity grocers, warns food industry
The food industry has demanded greater oversight of private equity-owned supermarkets, following the buyout of two Big 4 grocers.
Covid-19 has allowed the major players to increase their share of…
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Demand for food delivery rose dramatically during the Covid-19 crisis and the service became a lifeline for the food industry. In...