Retail news
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Premier Foods deal "close"
- Posted:
- 27 February 2012 09:53
Premier Foods is on the brink of agreeing new bank loans that will secure the future of the Hovis, Ambrosia and Mr Kipling firm, it was reported today.Royal Bank of Scotland and Lloyds are among the lenders expected to renew £1 billion of loans and extend Premier's repayment deadline for ...read more
Sir Stuart Rose defends Government’s work experience plans
- Posted:
- 27 February 2012 09:52
The former head of Marks & Spencer has defended the Government's controversial work experience scheme, accusing protesters of attempting to "sabotage" it.Sir Stuart Rose said it was "baffling" that anyone would complain about jobless youngsters being given work opportunities at a time of high youth unemployment and called on firms ...read more
Thorpe Park draft in Red Arrows to test ride
- Posted:
- 23 February 2012 09:42
Former Red Arrows and RAF fighter pilots have been drafted in to test a new ride at Thorpe Park. The theme park in Surrey took the unusual step after crash dummies were left with limbs missing during a previous test of new ride The Swarm.Riders are left with nothing above ...read more
Defence secretary calls for business tax cut
- Posted:
- 22 February 2012 09:41
Former defence secretary Liam Fox today put himself at the head of backbench Tory demands for Chancellor George Osborne to cut taxes on business.In his most significant political intervention since he was forced to resign last year, Dr Fox urged Mr Osborne to use next month's Budget to cut employers' ...read more
Pancake Day wrapped up with Ocado’s secret to the perfect flip
- Posted:
- 22 February 2012 09:40
Online supermarket Ocado claimed to have discovered the secret to perfect pancake tossing yesterday, with the help of one of the country's top physicists. For Shrove Tuesday Ocado released the ideal equation for a "flippin' good time". Working with Dr Mark Hadley, researcher at the University of Warwick's Department of ...read more
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