M&S CFO Eoin Tonge joins Associated British Foods
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The CFO of M&S, Eoin Tonge, has been named as Associated British Foods (ABF) next finance director, as he is set to leave his current role with the high street…
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Asda chair Stuart Rose urges Boris Johnson to leave Downing Street now
Asda chair Stuart Rose has urged Boris Johnson to leave 10 Downing Street immediately, describing him as a “lame duck prime minister”, while M&S chair Archie Norman describes it as…
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M&S boss warns food prices could soar by 10% as families have ‘nothing left in the kitty’
M&S boss Archie Norman has warned that food prices could soar by up to 10% this year, with the “crunch time” for many families coming after the summer holidays when…
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Roboshop: Is Ocado the future of supermarkets?
It’s late November and supermarkets are gearing up for Christmas with a festive recruitment drive. Collectively, Britain’s three biggest grocers – Tesco, Sainsbury’s and Asda – are hiring over 12,000…
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Ex-M&S boss Stuart Rose appointed Asda chairman
Former Marks & Spencer chief executive Stuart Rose has been appointed chairman of Asda by its owners, the billionaire Issa brothers.
It marks a fifth top grocery job for the…
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£9bn fund manager ditches Amazon shares for M&S
The manager of a £9 billion investment firm has halved its stock in Amazon while buying shares in Marks & Spencer.
Baillie Gifford’s Iain McCombie said his company had not…
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M&S takes aim at EU’s ‘fandango of bureaucracy’ on imports
Marks & Spencer has branded the EU’s border rules “pointless bureaucracy” as the government delays checks on food imports.
Products including meat and fish would have needed health certificates from…
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Sausage war truce as EU concedes grace period
The EU has avoided a fresh “sausage war” by indefinitely extending the grace period before Northern Ireland’s Brexit arrangements come into force.
Brexit minister Lord Frost confirmed that new border…
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NI could face ‘substantial reduction in food supply’, warns M&S chairman
The chairman of Marks and Spencer has warned that Northern Ireland could face “substantial reduction in the food supply” and higher prices this year, as Brexit impacts imports.
In an…
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Grocers facing ‘significant resource challenges’ from Brexit
Over half of grocery bosses believe Brexit has landed them with more red tape and expenses, according to a new poll.
Reflecting the knife-edge result of the 2016 referendum, most…
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From shrinking chocolate bars to half-full packets of crisps, it’s safe to say that shrinkflation has been a fairly common &...