Giving up vegan arm helps Britain’s biggest meatpacker eye profit surge Markets The UK’s biggest meatpacker has upgraded its profit target after offloading its loss-making vegan arm. FTSE 250 listed Hilton, which packages beef, lamb and fish, said it now expected to make a pre-tax profit of between £66m and £71m, a 10 per cent uplift from its previous forecast range. That comes after the firm sold [...]
Preferred site for Smithfield and Billingsgate markets confirmed Retail The controversial relocation of the centuries-old Smithfield and Billingsgate markets is one step closer to completion, after traders and local authorities earmarked a new site in east London’s Royal Docks for both markets to set up together. The City of London Corporation, Greater London Authority (GLA) and representatives for the iconic markets’ traders identified a [...]