AdnamsJonathon Adnams joined the company's board in 1988 and said he was "immensely proud of its achievements"The chairman of historic brewery Adnams said he was resigning with immediate effect for health reasons. The company, based in Southwold, Suffolk, previously announced Jonathan Adnams would step down before an annual shareholder meeting in June 2025. He said he was "saddened" to be leaving earlier than planned but would "continue to champion the
Retail giant John Lewis has said its plans to revive the business are working after its losses over the first half of the year nearly halved.The partnership - which includes the John Lewis department stores as well as Waitrose supermarkets - reported a loss of £30m, down from a £59m deficit last year.It said annual profits should be significantly higher than last year, although it warned that the outlook for
Data centres in the UK are to be classified as critical national infrastructure, joining the emergency services, finance and healthcare systems, and energy and water supplies.It means they would get extra government support during a major incident, such as a cyber attack, an IT outage or extreme weather, in order to minimise disruption.Data centres are huge warehouses full of vast banks of computers that remotely power services such as artificial
BBCGift shop owner Maureen Brewster says losing a bank in the town prompted her to sign up for online bankingPharmacies, pubs and banks made up half of the closures on Britain's High Streets in the first six months of this year, data suggests.On average 18 chemists, 16 pubs and nine banks shut down every week between January and June - according to research from accountancy firm PwC. But only three
EasyfundraisingJames Moir, chief executive of Easyfundraising, said he felt "vindicated" by the outcome of the court caseA fundraising firm has won its legal battle with the owner of easyJet, which had tried to sue for infringement of its trademarks.Easyfundraising, based in Lichfield, Staffordshire, said it hoped the judgement gave encouragement to other organisations being sued by easyGroup that they could win in court.“Our decision to not back down against easyGroup’s
Inflation in the US continued to cool last month, official figures showed, making experts confident the US central bank will cut interest rates next week.Consumer prices rose 2.5% over the 12 months to August, as prices for petrol, used cars and trucks, and some other items fell.That marked the slowest pace since February 2021 and was down from 2.9% in July.The figures offer welcome news for the White House, which
Getty ImagesMinisters say the deal secures the future of Tata's Port Talbot plantThe UK government says it has reached a "new and improved deal" with Tata Steel, confirming it will give a £500m grant to the company.The money will go towards the cost of building a greener electric furnace in Port Talbot, and matches the amount agreed by the previous Conservative government. The Conservatives say Labour had raised “false hopes”
Property listing website Rightmove has rejected a takeover approach from a rival Australian site backed by Rupert Murdoch.The £5.6bn offer from REA Group, which is majority-owned by Mr Murdoch's News Corporation, was described by Rightmove's board as "wholly opportunistic".In a statement on Wednesday, they said REA Group had "fundamentally undervalued Rightmove and its future prospects".The rejection is another blow for the Murdoch business empire after the failure of Talk TV
Top executives at the 155-year old Campbell Soup Company plan to change the iconic firm's name to The Campbell's Company.Chief executive Mark Clouse said the move aims to better reflect Campbell's growing product line, which currently also includes sauces, snacks and beverages.Investors are set to vote on the name change at the company's annual meeting in November. While canned soup remains a key part of the Campbell's business, the company
After years of rumour, speculation and hype, Sony has confirmed it is launching a more powerful - and much more expensive - version of its hugely popular PlayStation 5 console.The PS5 Pro will be able to show more advanced graphics and display the most demanding games at higher, more consistent frame rates.But that added power will come at a cost: the PS5 Pro will be the most expensive console from