Diageo anticipates big growth from developing countries in the medium-term, and is planning further acquisitions in these markets given difficult trading conditions in mature markets such as Europe and North America.
Bosses at GlaxoSmithKline’s (GSK’s) Ribena and Lucozade plant in Coleford, Gloucester, expect to be able to offer staff pay rises in 2011, but insist the pay freeze for 2010 is justified given the tough economic climate.
The co-founder of Scottish brewery Brewdog has sent an open letter to Her Majesty’s Revenue and Customs (HMRC) complaining that existing tax arrangements have stopped his firm from investing in the UK economy.
Coca-Cola Enterprises (CCE) achieved a 20% uplift in volumes and avoided £1.7M in capital expenditure and off-site storage costs by installing Witness simulation software from Lanner at its Northampton distribution hub.
Liberal Democrat peer Lord Clement-Jones has called on the Department of Health to explain how spending £322,000 of taxpayers' money on a study addressing consumer concerns over aspartame represents value for money at a time when budgets are so stretched.