Finance Matters

Posts Tagged ‘closure’

The National Federation of Sub-Postmasters has today warned that 3,000 post offices are at risk of closure.
According to George Thomson, the Federation’s general secretary, a ‘double squeeze’ of falling income from Post Office Limited, along with higher staff and utility bills means many post offices are struggling to keep their heads above water.
Post Office Limited [...]

US food giant, Kraft, has been criticised by a group of MPs today after the company pledged to keep open Cadbury’s Somerdale factory in Keynsham, but later decided to close the site following its takeover of the British confectioner.
Kraft, which made several hostile bids for Cadbury before shareholders finally agreed to a deal, initially said [...]

Barclaycard has today confirmed it is to close its loan centre in Glasgow this summer, which will result in the loss of 350 jobs.
The centre, which is located at Academy Park on the city’s south side, deals with loans arranged at the point of sale in shops.
Neil Radley, managing director of International Consumer Lending [...]

Marc Firestone, vice-president of US food giant, Kraft, has today appeared before MPs on the Business Select Committee and has apologised for the firm’s pledge to keep open Cadbury’s Keynsham factory.
Mr Firestone was questioned by MP’s over the company’s takeover of Cadbury. Kraft completed its takeover of the 186-year-old iconic British confectioner on 2 February [...]

Marc Firestone, vice-president of US food giant, Kraft, will appear before MPs on the Business Select Committee today.
Mr Firestone will be questioned by MP’s over the company’s takeover of Cadbury. Kraft completed its takeover of the 186-year-old iconic British confectioner on 2 February after a five-month battle.
Earlier this month, the US food giant was investigated [...]