Archives for August 27, 2012

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Firms ordered to pay £70k after food factory death

By Mike Stones

Two firms have been ordered to pay nearly £75,500 each after a worker was fatally injured when he drove a scissor lift extendable platform into an unprotected pit in a food factory floor.

Marks & Spencer quiet on bid speculation

By John Wood and Mike Stones

Marks & Spencer (M&S) has refused to confirm or deny whether it had received expressions of interest from private equity firm CVC Capital Partners about acquiring its business.

Morrisons cancels meeting with delisted Wyke Farms

By Mike Stones

Cheese producer Wyke Farms has complained of “broken promises” after Morrisons cancelled a meeting due to take place today (August 28) to discuss the delisting of the Somerset family business.

Morrisons’ results ‘to suffer from Asda’s Netto acquisition’

By Mike Stones

Asda’s acquisition of Netto stores will prove a key factor in Morrisons’ announcement of difficult first-half trading for 2012/2013, when it reports interim results on September 6, predicts Shore Capital analysts Clive Black and Darren Shirley.