Hints and tips:
...Following deals like Clayton, Dubilier & Rice’s purchase of Wm Morrison and the takeover of G4S, US dealmakers continue to ramp up their shopping spree in the UK....
...Neville Hawcock was a guest of the Buxton Crescent Hotel; doubles cost from £125....
...Wm Morrison, the smallest of the “big four” supermarkets, last month declared an increased final dividend but deferred a decision on another special dividend until later in the year....
...Former Britannia directors, including Neville Richardson, have insisted that many of the Co-op Bank’s problems were of its own making....
...jonathan.guthrie@ft.com Wm Morrison: alison.smith@ft.com...
...Richard Brasher, chief executive of Tesco’s domestic business, is under pressure after sales lagged behind J Sainsbury and Wm Morrison, its rivals, in the four weeks to August 7....
...That is the logic of everything we have said and done and the beliefs that we have,” Ms Neville-Rolfe said....
...“The risk that this creates [is] of dilution of returns,” says Richard Pennycook, finance director of Wm Morrison....
...Tesco, Britain’s biggest retailer, and smaller rival Wm Morrison insisted on Thursday they would not give up their fight against allegations that they fixed the price of milk....
...Customers of EUK, the group’s wholesale arm, which include Asda and Wm Morrison, were organising new suppliers ahead of the Christmas period....
...Customers of EUK, the group’s wholesale arm, which include Asda and Wm Morrison, were organising new suppliers of CDs and DVDs to avoid being left short of stock in the crucial Christmas period....
...But the 3.5 per cent like-for-like growth was slower than the 4 per cent in the first five weeks of the period and well below the 7 per cent recorded by rival Wm Morrison last week....
...Wm Morrison said it would “study the proposals carefully”. Lucy Neville-Rolfe, corporate and legal affairs director at Tesco, said: “Our instinct is to be doubtful about the ombudsman....
...Wm Morrison is demanding that the Office of Fair Trading replace its team investigating an alleged milk cartel and admit the decision to name it in the inquiry was “unfair and unlawful”....
...Lucy Neville-Rolfe, corporate affairs director at Tesco, said she was “pleased with parts of the report” but said it did not believe it needed to divest sites and would look at the commission’s findings...
...J Sainsbury, which is currently in takeover talks with Delta Two, an investment group backed by the Qatar Investment Authority, fell 7p or more than 1 per cent to 546p and Wm Morrison added 1p to 296¼p....
...Wm Morrison was in demand on Wednesday as the FTSE 100 chalked up its third straight session of gains to close at a two-week high....
...Sainsbury, Wm Morrison and Wal-Mart-owned Asda and that rivalry has resulted in falling prices and improved food quality....
...Lucy Neville-Rolfe, corporate and legal affairs director at Tesco, said: “We look forward to the debate and a speedy conclusion which will confirm the OFT’s overall comment that consumers have benefited...
...Aston Villa climbed 12.6 per cent to 470p after announcing it has received a preliminary takeover approach from local businessman Michael Neville on behalf of a consortium....
...Neville Buch, one of the investors seeking an EGM, was due to meet an Easier representative last night to hear details of a proposed reverse takeover....
International Edition