Supermarket sales slide into reverse as price war hits petrol pumps August 10, 2015 A fierce supermarket price war at both the tills and the petrol pumps has caused sales in the sector to shrink for the first time since records began over 20 years ago. With retailers kicking off another round of petrol price cuts today, fresh data shows how supermarket giants’ troubles are dragging on the UK’s [...]
Head of the Serious Fraud Office David Green says agency’s future is uncertain despite conviction of Tom Hayes August 6, 2015 The director of the Serious Fraud Office, David Green, has said the future of the agency is uncertain, despite recent success. In an interview with the Guardian, Green said that despite the recent conviction of Tom Hayes over Libor rigging, the agency's future is shrouded in doubt due to setbacks in certain investigations. A jury [...]
Traditional banking needs to act fast to survive Google’s predictive power August 6, 2015 The options we have for our everyday bank accounts are increasing. Virgin Money, Tesco Bank and the Post Office have recently entered the personal current account market, and prospective entrants include Atom, Starling, Civilised Bank and OakNorth. But could the biggest competition to our traditional banks be hiding in plain sight? There are various factors [...]
Ribena and Capri Sun fall victim to Tesco health drive – Brand Index August 5, 2015 Ribena and Capri Sun have become Tesco’s first victims of the retail chain’s decision to help customers make healthier choices and to tackle the serious issue of childhood health. So the high street giant has removed small, lunchbox sized versions of the children’s – and some parents’ – favourite. Although health campaigns reacted positively to [...]
Tesco and Sainsbury’s vs Asda and Morrisons: Britain’s biggest retailers row over Sunday trading laws August 5, 2015 British businesses are readying for a fight over government plans to shake up Sunday trading rules. The government will today open a formal consultation on proposals to give local areas the power to allow large shops to open for longer on Sundays. Current laws allow smaller shops to stay open all day, but limit larger [...]
Jerky Group and Cruga form beef snacks empire August 4, 2015 THE JERKY Group has merged with biltong and meat snacks-maker Cruga to create the largest beef snack manufacturer in Europe with combined turnover of around £12m. Founded in 2000, The Jerky Group’s brands include Wild West Jerky, Hogbites pork crackling and BullOx Biltong. It also produces Dragon’s Den entrepreneur Joe Walters’ beef jerky brand Texas [...]
The Jerky Group and Cruga merge to create £24m beef snacks empire August 3, 2015 The Jerky Group has struck a deal to merge with biltong and meat snacks-maker Cruga to create the largest beef snack manufacturer in Europe with a combined turnover of around £12m. Founded in 2000, The Jerky Group’s brands include Wild West Jerky, Hogbites pork crackling and BullOx Biltong. It also produces Dragon’ Den entrepreneur Joe Walters’ [...]
Tesco drops annoying self-checkout “unexpected item in the bagging area” phrase July 30, 2015 No longer will shoppers be scolded by a machine telling them there are unexpected items in the bagging area, after Tesco announced the decision to drop the intensely annoying phrase from its self-checkouts. After feedback from customers, the supermarket has decided to make the automated voice a little friendlier, calling the current tones "a source [...]
Sainsbury’s share price edges up as it sells pharmacy business for £125m July 29, 2015 Shares in Sainsbury's rose 0.7 per cent to 261.1p after it announced a deal with the German owner of UK chain LloydsPharmacy to sell its pharmacy business for £125m. Read more: Growth at Co-op for the first time in a year as Tesco and Asda decline yet again As part of the deal, Celesio’s LloydsPharmacy will [...]
Tesco Ribena and Capri Sun ban: What’s next off the shelves, Coke, Haribo, Ketchup? These are the odds on how likely that is July 28, 2015 First they came for the Ribena and Capri Sun, now are they coming for our Coca Cola? Tesco is removing sugary drinks aimed at kids from its shelves because of worries over obesity, and people are not happy about that at all. Ribena, Capri Sun and Rubicon products that are the size of a kids [...]