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Move by UK competition regulator comes as Associated British Foods, which owns Primark, issues profit warningBusiness live – latest updatesThe UK competition watchdog has ramped up its investigation into a £75m takeover deal that will result in the own…
George Weston tells chancellor to ‘tax rich folks instead’ as ABF says it could split fashion chain from food armBusiness live – latest updatesThe boss of Primark’s parent group has urged Rachel Reeves to avoid hitting consumers with a repeat of last y…
Parent groups of Primark and B&Q hit as analysts say jobs and inflation concerns could affect salesBusiness live – latest updatesFears that UK consumers will rein in spending in the second half of this year has knocked the values of some of Britain…
Associated British Foods says 160 jobs will be lost at Vivergo site in Hull after ministers refuse to fund rescueThe UK’s largest bioethanol plant is to close after being dealt a body blow by Keir Starmer’s trade deal with Donald Trump.The owner of the…
Jobs expected to go if competition watchdog approves takeover by Associated British FoodsBusiness live – latest updatesThe owner of Kingsmill has agreed to buy its rival Hovis in a deal worth an estimated £75m that could create the UK’s biggest bread b…
ABF threatens to shut Vivergo site in Hull in September amid warnings bioethanol industry could collapseBusiness live – latest updatesThe owner of Britain’s biggest bioethanol plant is threatening to close the Hull site by mid-September, putting 160 jo…
Associated British Foods’ sale of Allied Bakeries would bring together two of the UK’s biggest breadmakersBusiness live – latest updatesThe owners of Hovis and Kingsmill have entered talks that could lead to two of the UK’s biggest bread brands merging…
Company says consumer confidence could deteriorate further as countries face risk of recessionBusiness live – latest updatesShares in the owner of Primark fell after the budget clothing chain posted a sharp drop in UK sales and lost market share, as th…
Paul Marchant accepts behaviour fell below standards expected at owner Associated British FoodsThe boss of Primark has admitted an “error of judgment” and resigned following an allegation made by a woman about his behaviour towards her in a social situ…
Upbeat comments by Associated British Foods CEO come as grocery price rises fall to single digits for first time in 18 monthsFood inflation could be all but gone by Easter, according to the owner of Kingsmill bread, Twinings tea and Silver Spoon sugar …