Category: Supermarket
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Supermarket giant Morrisons backs farmers as inheritance tax row lands blow to Starmer
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In a setback for Prime Minister Sir Keir Starmer, one of Britain’s largest supermarkets has announced its public support for farmers opposed to the government’s planned inheritance tax (IHT) reforms. Sophie Throop, head of farming at Morrisons, posted a video message on X (formerly Twitter) declaring the retailer’s solidarity with…
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Farmers to hold ‘national strike’ against inheritance tax changes, disrupting supermarket meat and crop supplies
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British farmers are set to stage a “national strike” next week, banning meat and produce from supermarkets in protest against Labour’s new inheritance tax policies. Starting on Sunday, thousands of farmers plan to take part in the week-long strike, which includes a march in London on November 19, where more…
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A GE spinoff’s stock is surging as it positions itself as the ‘supermarket’ for AI energy demand
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The massive demand for energy as big tech companies race to build out their AI infrastructure has been a tailwind for GE Vernova (GEV), the energy equipment maker that spun off the iconic GE earlier this year. Shares of the Cambridge, Massachusetts-based company have been hovering near all-time highs, along…
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Supermarket CEOs summoned to criminal hearing on price fixing
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The Israel Competition Authority announced today that Yochananov’s marketing chain owner and CEO Eitan Yochananov, his deputy Elad Harazi and Superbariket supermarket chain manager Ephraim Tshuva, will hold a pre-indictment hearing on suspicion of cartel arrangements. Yochananof’s group itself will also be given a hearing. In addition, the Israel Competition…