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Waitrose bristles at potential Ocado/Morrisons deal
News | 13 May 2013The head of Waitrose has said it is at defcon one amid talks between its long time online partner Ocado and supermarket rival Morrisons Mark Price managing director of the supermarket told The Sunday Telegraph its lawyers would seek to scrutinise any tie up between the other two companies and...More > -
Superwheat could increase British wheat production by "up to 30%"
News | 13 May 2013British scientists say they have created a new type of superwheat which could increase productivity by as much as 30 The National Institute of Agricultural Botany NIAB has combined modern wheat varieties with ancient goat grasses to produce new strains which also increase the crops resistance to disease and tolerance...More > -
Sir Richard Branson dons lipstick and red dress after losing bet
News | 13 May 2013Sir Richard Branson has served as a flight attendant on an AirAsia flight wearing lipstick and a red skirt to honour a bet made to the airlines owner The Virgin Group founder also had his legs shaved in order to help out on the flight from Perth Australia to Malaysia...More > -
18 million ready meals thrown away in horsemeat scandal
News | 13 May 2013Nearly 18 million packets of processed food were thrown away by British families in the wake of the horsemeat scandal according to a survey Research to kick off kitchenware manufacturer Tefals Fresh Week found more than 13 5 thousand tonnes of items like sausages burgers and meat pies were chucked...More > -
Ocado in talks with Morrison’s
News | 10 May 2013Ocado has said that it will not sell a stake to Morrisons but confirmed that it is in talks with the supermarket group over an agreement to create a partnership between the businesses which would see Morrisons gain a long awaited online presence Ocado said in a statement Ocado has...More > -
Co-op defends its banking business after downgrade
News | 10 May 2013The Co op defended its banking business today after a ratings agency downgraded it warning that it may need external support to maintain regulatory capital levels In a downgrade last night Moodys said the banks capacity to absorb future losses was now too low to support an investment grade rating...More > -
Factory death toll passes 1,000
News | 10 May 2013Officials said 1 038 bodies had been recovered from the rubble of the fallen building which had housed five garment factories employing thousands of workers The disaster has raised alarm about the often deadly working conditions in Bangladeshs garment industry which provides clothing for major retailers around the globe The...More > -
Mayor pushes for Estuary airport
News | 10 May 2013London Mayor Boris Johnson has defended his proposal for a new hub airport in the Thames Estuary east of London after an influential House of Commons committee said the idea should be ditched in favour of adding a third runway to Heathrow The Commons Transport Committee said that the Boris...More > -
Gap sales rise as turnaround plan continues
News | 10 May 2013Gap Inc has announced that sales rose above market estimates in the five weeks ended May 3rd with same store sales rising 7 The Gap brand posted an 8 increase topping analysts projections of 2 7 Old Navy posted same store sales growth of 9 compared with 9 9 estimated...More > -
Morrisons sales decline slows
News | 09 May 2013Supermarket group Morrisons remained under pressure today despite a slowdown in the pace of recent sales falls The latest decline in underlying sales of 1 8 was roughly in line with City expectations for the three months to May 5th but was an improvement on a fall of 4 1...More >
