Naked Juice, owner of Tropicana, warns of financial impact due to rising orange prices.Citrus greening disease devastates Florida’s orange crops, doubling prices to $6,500 per tonne.Naked Juice’s profit forecast drops from $375m to $322m amid increased production costs.The company shifts sourcing to 75% Brazilian oranges to mitigate disease impact.Industry leaders stress the need for pricing strategies to address supply challenges.Naked Juice, the proprietor of Tropicana, has alerted stakeholders to the significant financial implications posed by the escalating prices of oranges, primarily attributed to citrus greening disease. This disease, altering the colour and taste of fruit, has been particularly devastating in…
Author: Scott Dylan
As Breast Cancer Awareness Month approaches, it’s crucial to address the challenges faced by cancer survivors returning to the workplace.Many individuals fear disclosing their cancer diagnosis due to stigma, leading to isolation and stress.Personalised support is vital, with fatigue being a common issue for those undergoing treatment.Clear policies on flexible working and phased return plans are essential to smooth reintegration.Breaking stigma and creating an open culture at work ensures well-being and retention of skilled employees.As Breast Cancer Awareness Month draws near, the focus shifts to the continuous challenges faced by cancer survivors re-entering the workforce. While much emphasis is rightly…
Petards has reported stable revenues but anticipates challenges in meeting full-year expectations due to ongoing market conditions.The company’s operating losses have widened significantly following the strategic acquisition of Affini Technology.Revenue for the first half of the year was £4.415 million, showing marginal growth from the previous year.Several key contracts and a boost in orders were secured post the reporting period.The company remains optimistic yet cautious about its performance in the second half of the year.Petards, a Tyneside technology firm known for its security and surveillance solutions, revealed half-year revenues of £4.415 million. This figure represents a modest increase from £4.403…
After a decade of working from home, many realise the need for a change to combat the physical tolls of prolonged sitting. Upgrading to a standing desk and walking treadmill signifies a shift towards a healthier work routine.The monotony and physical strains of working from home prompted a significant change in my workspace setup.Adopting a standing desk has brought about unexpected benefits, improving posture and overall engagement during work.Integrating a walking treadmill into my routine has helped manage the restlessness and physical stagnation of prolonged desk work.These adjustments represent a broader trend towards healthier and more dynamic working environments at…
Brian May, renowned Queen guitarist, resigns as RSPCA vice president.Allegations of animal welfare failings at ‘RSPCA Assured’-certified farms surface.Evidence points to overcrowding, poor hygiene, and animal abuse.May criticises RSPCA’s response as inadequate, calls for scheme termination.Prominent figures and activists echo concerns, demand reforms.Brian May, the celebrated guitarist of Queen, has resigned from his position as vice president of the Royal Society for the Prevention of Cruelty to Animals (RSPCA). This decision follows the emergence of damning evidence highlighting animal welfare failures at farms certified by the ‘RSPCA Assured’ scheme.The ‘RSPCA Assured’ certification was designed to ensure consumers that meat, eggs,…
Cath Kidston is poised to make its high street comeback after facing administration in 2020.The homeware retailer was acquired by Next in a £8.5m deal last year.Its first new store opens on 18 October at London’s Westfield White City.An Instagram teaser hints at the new London location.Future store plans remain unconfirmed by Next.Cath Kidston, a renowned British homeware retailer, will soon reopen its doors on the high street, marking a significant return after collapsing into administration in 2020. This much-anticipated comeback is facilitated by its acquisition by Next in 2023 for £8.5 million. The revival signifies a new chapter for…
Next’s Lord Wolfson sells a £29 million stake ahead of expected changes to capital gains tax, triggering investor caution.Shares in Next fell by 2% following the announcement; the company remains silent on Lord Wolfson’s sale of 290,000 shares.Upcoming budget plans by Rachel Reeves are expected to align capital gains tax with income tax rates, potentially leading to increased taxes.The market has seen a wave of asset sales in recent weeks as investors brace for potential tax hikes by the UK government.This is the third time Lord Wolfson has reduced his shareholdings in the company, now valuing his stake at approximately…
Lord Wolfson has sold a £29m stake amid impending capital gains tax reforms by Rachel Reeves.The sale involved 290,000 shares, reducing his holding from 1.4 million shares.The timing coincides with speculation about CGT being aligned with income tax in the upcoming budget.Investors, anticipating changes, have been swiftly offloading assets contributing to record CGT receipts.Next’s share price has surged 123% since October 2022, boosting company performance.Lord Wolfson, a Conservative peer, disposed of 290,000 shares between Friday and Tuesday, representing a £29.2 million stake. Prior to this transaction, Wolfson held approximately 1.4 million shares in Next, accounting for a 1.2% stake valued…
Recent developments surrounding the legal aid procurement process are raising significant concerns among the legal community.The Legal Aid Agency has initiated the bidding process for new 10-year crime contracts.Firms are expected to submit bids by 22 October to participate in next year’s duty schemes.The Law Society criticises the contract process as rushed and lacking necessary information.Uncertainty over legal aid fees is causing frustration and potential unrest.The Legal Aid Agency recently commenced the tendering process for a series of 10-year crime contracts. This initiative provides legal firms with a deadline of 22 October to submit their bids to be included in…
AllSaints unveils its first standalone store in Africa, reinforcing its international presence.Located in Cairo’s Mall of Arabia, the new store spans 2,368 sq ft.The store showcases the brand’s latest design concept, introduced in Los Angeles.AllSaints has experienced recent expansions in global cities, bolstering its growth.CEO Peter Wood expresses confidence in the brand’s future in Egypt and beyond.AllSaints has marked a significant milestone by opening its first standalone store on the African continent, located at Gate 15 of Cairo’s Mall of Arabia. This new venture underscores the brand’s commitment to international expansion.The 2,368 square foot store, which opened on 2 September,…