Farmers are nervous about post-Brexit plans following a government consultation that they believe lacks “clarity on funding, delivery and timing” (Sky News). The government has been criticised for providing “a notable lack of detail” when it comes to its plans to support farmers post-Brexit, following its report entitled The Future Of Food, Farming And The Environment.
Tesco Bank customers were left unable to access their online banking accounts on Tuesday, due to a technical issue, reports The Independent. Customers complained that they could not access their accounts via the internet or through mobile phone apps on Tuesday afternoon.
Kraft Heinz says it is considering changing the name of Salad Cream for the first time in 104 years to Sandwich Cream (Sky News). The food giant proposed the rebrand after research found that only 14% of consumers actually use it on salads.
Howard Schultz, the man who grew Starbucks from 11 cafes to a £58billion coffee empire is leaving amid rumours of a potential run for the White House (The Daily Mail). The married father of two has been credited with growing the Seattle coffee chain into a multinational powerhouse that raked in £4.3billion in sales last year.
Two senior Ocado executives have pocketed £14.3 million between them after cashing in shares that have almost trebled in value in just six months (The Times £).
Heinz says it is considering changing the name of Salad Cream for the first time in 104 years to Sandwich Cream (Sky News). The food giant proposed the rebrand after research found that only 14% of consumers actually use it on salads.
House of Fraser is preparing to shut half its stores – largely those on the High Street – in a drastic attempt to save the business, writes The Daily Mail. As many as 29 of its 59 shops are earmarked for closure with many of its famous stores to shut, it says insiders claim.
After moving to London from Kosovo in his twenties, Pleurat Shabani worked his way up from being a barman to taking on the multinationals with spirit brand Konik’s Tail, writes The Times £.
Online household electrical retailer, AO World, reported an increase in full-year revenues but pre-tax losses at the Bolton-based group almost doubled as its push into Europe weighed on earnings. The company said on Tuesday that its expansion into Germany and the Netherlands lay behind pre-tax losses deepening to £13.5m in the year ending March 31, reports The FT.