UK

Last Year Was Another Highly Successful One For Smurfit Kappa, Says CEO

Set against a year of extraordinary circumstances, 2022 was another highly successful year for the Smurfit Kappa Group (SKG), said Tony Smurfit, group CEO....

Costcutter Owner Bestway Raises Sainsbury's Stake To 4.47%

Retail and wholesale group Bestway, the owner of Costcutter, has raised its stake in Sainsbury's to 4.47%, making it the fifth-largest shareholder of...

S&W Transitions To Employee Ownership Trust Mode

S&W Wholesale has announced that it has become one of the largest known businesses in Northern Ireland to move to an Employee Ownership Trust (EOT) mod...

Tesco Buys Paperchase Stationery Brand

Britain's biggest supermarket group Tesco said on Tuesday that it had purchased the Paperchase brand and related intellectual property after the stationery...

Tesco's UK Store Management Changes To Impact 1,750 Jobs

Tesco, Britain's biggest supermarket group, said on Tuesday it was changing the way it manages its larger stores, impacting around 1,750 workers. All...

Weekly Round-Up ... 31 January 2023

Spain's gross domestic product grew a faster-than-expected 5.5% in 2022 as the country avoided a recession in the final quarter despite fears of a global s...

Shell Considers Exiting UK, German, Dutch Energy Retail Businesses

Shell is considering exiting its home energy retail businesses in Britain, the Netherlands and Germany in the wake of 'tough market conditions'.

Britain's Morrisons Puts Faith In Sharper Pricing To Win Back Shoppers

British supermarket group Morrisons forecast a return to earnings growth this year as a push to improve its price competitiveness starts to win back shoppe...