Both sides are allowed, under the Groceries Supply Code of Practice, to adjust terms and conditions. The editor-in-chief of the Grocer magazine, Adam Leyland, says in the past retailers typically demanded changes but now it is suppliers who are clamouring to renegotiate what they are getting paid.
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John Lewis warns more cuts to come as profit rises
admin, , Business, 0
“We’ve got so many customers who shop across the two, love both, and the fact that we’re back to...
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P&O owner to attend summit despite row over minister’s comments
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P&O Ferries owner, DP World, will now attend the UK’s investment summit on Monday, despite a row over a...
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Marks & Spencer raises pay in battle for supermarket staff
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With the National Living Wage, often referred to as the minimum wage, set to rise to £11.44 an hour...
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England’s top student loan interest rate cut by 5%
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“Even for the typically high-earning graduates who do pay off their loans, very high interest rates from September to...
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The women-only co-working spaces fighting to survive
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Bonnie Lister Parsons, founder of SOS Dance Global, a digital platform that teaches women how to dance, is a...
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Russian gas giant Gazprom makes £39m profit in North Sea
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A number of Gazprom executives, including the chief executive Alexei Miller, are under sanctions from the UK government, though...
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Nike and Costco warn of product shortages and delays
admin, , Business, 0
“The factors pressuring supply chains and inflation include port delays, container shortages, Covid disruptions, shortages on various components, raw...
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Ryanair and Manchester Airport launch travel legal challenge
admin, , Business, 0
The travel industry has stipulated that the legal challenge is about getting the government to commit to transparency about...
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