Archives for March 23, 2015

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Morrisons new boss invests £1M in shares

By Michael Stones

New Morrisons boss David Potts has signalled his faith in the troubled retailer by buying more than £1M of the supermarket’s shares.

Dairy Crest sale referred to competition authority

By Michael Stones

Dairy Crest’s plan to sell its dairies to Müller UK & Ireland is to be probed by the UK Competition and Markets Authority (CMA), after the £80M deal was referred by the EU.

Discount stores Aldi and Lidl create 1000 jobs

By Michael Stones

The hard discount store chains created a total of 1,000 jobs Last week, as Lidl and Aldi both unveiled two new distribution centres, with 500 jobs a piece. This week’s Good week, bad week also reports good news for whisky drinkers, Charlie Bigham and...

Panesar Foods invests £9M to create 30 jobs

By Rod Addy

Panesar Foods is investing almost £9M in the expansion of its West Bromwich sauce manufacturing business, creating at least 30 jobs and potentially boosting its turnover.

£8,000 food fraud fine the first of its kind

By Rod Addy

Peter Boddy has been fined £8,000 at Southwark Crown Court after he admitted failing to comply with food traceability regulations, the first horsemeat food fraud sentence pronounced following the scandal.