George Weston
George Weston is CEO of Associated British Foods (ABF). He oversees Primark and food brands such as Kingsmill, which are covered by The Grocer in news, comment and analysis.
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NewsAssociated British Foods investors divided over Primark separation plans
Investors were divided this week about the potential for Associated British Foods to break up the group with a separation of Primark and the food business
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NewsAssociated British Foods considers Primark spin-off
ABF said its food business is historically less well understood by financial markets than Primark
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NewsCompetition watchdog opens probe into Hovis-ABF merger
The CMA said it would consider any initial views on the impact the transaction could have on competition in the UK
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NewsAssociated British Foods shares plummet on consumer spending worries
Investors retreated from Associated British Foods this week as markets worried about a bleak consumer outlook after Primark’s sales came under pressure and the group’s grocery and sugar divisions also struggled
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NewsAssociated British Foods struggles with losses for Allied Bakeries and sugar business
ABF CEO George Weston said in a trading update this morning that he was ‘pleased’ with how the group performed in the second half of its financial year
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Analysis & FeaturesCan a Hovis and Kingsmill combo stop the rot in sliced bread?
ABF hopes merger will pull both Hovis and Kingsmill back from the brink amid a decline in sliced bread. What are the chances?
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NewsKingsmill owner ABF acquires Hovis in major bakery merger
Kingsmill owner Associated British Foods has inked a deal to acquire Hovis Group, after months of speculation
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NewsAB Foods holds firm on Primark but cuts sugar guidance after £16m loss
Associated British Foods has held firm on its guidance for Primark and most other business divisions for the second half of 2025
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NewsMedia Bites 6 November: Asda, air fryers, farming strikes
Farmers are reportedly planning strike action in response to plans to introduce a 20% inheritance tax on farms
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NewsCity snapshot: Associated British Foods delivers better-than-expected profits
Profits at Associated British Foods have beaten market forecast thanks to margin recovery at Primark and “good growth and strong profitability” in the food division. Plus, interims from Distil, a trading update from Hilton Food Group, Q3 results from Coca-Cola Europacific Partners and the latest retail sales data from the BRC and spending report from Barclays
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NewsCity snapshot: ABF issues warning over Primark sales and sugar profits
ABF blamed unfavourable weather in the UK and Ireland, which resulted in lower volumes of seasonal lines
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NewsCity snapshot: Grocery price inflation falls amid increase in promotions
Grocery price inflation fell for the 14th consecutive month back to 3.2% last month, aided by a significant increase in promotional spending
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NewsCity snapshot: Grocery price inflation falls to single digits for the first time in 16 months
Grocery price inflation hit single digits for the first time in 16 months in October as overall grocery growth continues to be driven by higher pricing. Plus Naked Wines issues profits warning as CEO departs and updates from ABF and Hilton Food Group
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NewsCity snapshot: Nestlé first quarter volumes slip back as price hikes near 10%
Nestlé has reported organic growth of over 9% despite a dip in sales volumes. Plus ABF margins hit by cost inflation, Ocado to shut CFC, trading improves at McBride and all the rest of the latest news from the City
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NewsMedia Bites 3 January: Hospitality, footfall, shop closures
All the retail and fmcg news from the last few days as 2023 gets underway.
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Comment & OpinionABF still searching for the right recipe to turn around Kingsmill owner Allied
Last month Associated British Foods CEO George Weston admitted pricing alone wouldn’t fix the serial underperformance of its bakery arm
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Analysis & FeaturesChristmas in a crisis: how shoppers are adapting festive habits to save money
The season of indulgence is upon us, but for many British households, the focus this year will be on keeping warm and saving money
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NewsABF to push through further grocery price increases
Associated British Foods is planning further price hikes for its range of grocery brands to manage soaring inflation.
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NewsCity snapshot: Record high grocery inflation sends shoppers flocking to Aldi and Lidl
Grocery price inflation has hit a new record high resulting in cash-strapped households turning to the discounters and own-label ranges to manage stretched budgets, according to the latest Kantar figures. Plus, annual results from Associated British Foods, a trading update from Hilton Food Group, a Q3 update at Coca-Cola HBC, the latest monthly data on retail sales from BRC-KPMG and consumer spending from Barclaycard, and Britvic is searching for a new CFO.
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NewsMarks & Spencer CFO Eoin Tonge to become ABF finance director
He will succeed John Bason, who will be retiring as ABF’s finance director after more than 20 years at the company