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      Nearly 1m people to pay higher tax ‘by stealth’

      Tax Trap: Another 74,000 taxpayers were added to the punitive £100,000-£125,000 income bracket during the 2024/25 tax year

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Kellanova

  • Food manufacturers mutinous over ‘unworkable’ healthy food red tape

    Retail

    The government is facing growing pressure to ditch new healthy food red tape which manufacturers and retailers warn is “unworkable” and could see fruit yoghurts and breakfast cereals classed as unhealthy. Labour plans to impose new standards on which foods count as healthy but City AM understands that several food manufacturers with billion-pound revenues fear [...]

    Tesco supermarket exterior showcasing brand signage and entrance with shoppers entering and exiting the store.
  • Mars to gobble up Pringles owner Kellanova in £28bn deal

    Retail

    Mars, whose brands include M&M’s, Snickers and Skittles, is to buy food giant Kellanova for $35.9bn (£27.9bn), it has been confirmed. Kellanova, which was created when the Kellogg Co, which was formed in 1906, split into three companies, and owns brands such as Pringles, Cheez-Its and Pop-Tarts. In a statement, Mars Inc said it will [...]

    The deal between Mars and Kellanova is expected to complete next year.

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