Google has agreed with the UK government to pay just pound 6m in corporation tax this year, despite earning almost pound 400m in revenues. The Daily Telegraph revealed the sum after the Silicon Valley giant filed its accounts for its UK ...
Tags: Google, UK revenue, tax
French cement maker Lafarge is looking to sell its controlling stake in its South Korean subsidiary Lafarge Halla Cement Co, according to South Korean online media Edaily. The French company, which controls about 90% of its Seoul-based ...
Tags: Lafarge, controlling stake, cement market, company news
Tesco, the UK's largest retailer, said this morning (11 June) its performance in the first quarter of its financial year had been "solid" despite another period of falling domestic like-for-like sales. The company reported a 1.5% decline ...
Tags: Tesco, falling domestic sales, like-for-like sales, Kantar
Arla Foods is to start producing Anchor butter in the UK next month. The dairy group said it would begin manufacturing Anchor block butter at a production site in Westbury in the UK. "Bringing production of Anchor to the UK is part of ...
Tags: Anchor butter, Arla Foods, dairy group, Food
Insurance Australia Group is mulling to sell its UK underwriting operations, which include motor insurer Equity Red Star and commercial insurance broker Barnett & Barnett. As part of a strategic review of its UK business, IAG Managing ...
Tags: Insurance Australia Group, motor insurer, Equity Red Star
Britain's food industry was rocked by two announcements over the past month.Premier Foods broke the news that it was to close bakeries in Birmingham and Greenford,west London and restructure its distribution operations with the loss of 900 ...
Tags: Britain's food industry, Premier Foods, Vion, meat processing
The government has granted a North Yorkshire egg processor£490,000 towards the construction of a£3M egg processing facility. Chippendale is to build a new£3M egg processing facility The move will secure 40 jobs at ...
Tags: egg processing facility, North Yorkshire, Rural Development Programme
IT consortium Charityshare has deployed a Violin Memory 3000 Series all-flash array to support the roll-out of up to 2,000 virtual desktops for its Age UK operations. Violin was chosen on grounds of cost and the company's backing from HP ...
Tags: Charityshare, Violin Memory, TMS, Gartner
Groupama has entered into exclusive negotiations to sell its French marine insurance portfolio to Switzerland based Helvetia Insurance. The portfolio is currently housed in Groupama's subsidiary Gan Eurocourtage. In June 2012, Groupama ...
Tags: Groupama, marine insurance, insurance, portfolio
Dutch food giant Vion's plans to sell its UK food businesses throwing into doubt the future of its 13,000 UK employees was"almost an inevitability,"according to leading City analysts. Julian Wild,food group director at legal firm ...
Tags: city analysts, Vion, Job cuts
Uncertainty surrounds the future of 13,000 food manufacturing jobs today(November 19),as Dutch food manufacturing giant Vion announced plans to sell its UK food businesses to concentrate on what it describes as"core markets"in the ...
Tags: Vion, jobs, core markets
Foster Wheeler AG announced that subsidiaries of its Global Engineering and Construction Group have been awarded a contract by Reliance Industries Limited for the provision of engineering and procurement services for its Paraxylene Project ...
Tags: Foster Wheeler, Reliance Industries, Paraxylene Project, chemicals
A parliamentary select committee has confirmed it is looking into Huawei's operations in the UK following controversy around the safety of using the firm's technology. The intelligence and security committee would not go into detail about ...
Tags: Huawei, firm's technology, US congress, data networks
Holiday company Villa Plus is using IBM's business analytics software to support its advertising campaigns as it increases its number of properties by 40%. Villa Plus implemented IBM's Coremetrics analytics software to help it understand ...
Patisserie Valerie plans to launch a new range of gluten-free bakery goods in the UK,to cater to those suffering with coeliac disease and allergies. The company will launch gluten-free chocolate brownie,which will be the first of its ...