Morrisons

Will a John Lewis home be up Boris and Carrie’s street?

The Financial Times carried a curious story at the weekend about ‘the secretive process to elect the Lord Mayor of London’ being ‘thrown into disarray’ by ‘objections from some City leaders’ to the candidacy, for 2022, of Nick Lyons — who has just been elected as one of the City’s two sheriffs but who happens to be an Irish citizen. Lyons’s unnamed opposers say City rules have always required the Lord Mayor to be a British citizen. The City Corporation, the Square Mile’s local authority, says it has legal advice to the effect that Lyons is not disqualified, EU citizens being permitted to stand in UK local elections. The FT

Why private equity sharks are shopping at Morrisons

The late Sir Ken Morrison — founder of the eponymous supermarket chain that’s the latest UK target for US private equity — had the blunt manner of the Yorkshire cattle farmer he became in reluctant retirement after he was ousted by his own board. Criticising his successors from the floor at one of his last AGM attendances, he roared: ‘I have 1,000 bullocks… but you’ve got a lot more bullshit than me.’ So I’m sorry he’s not around to accost the suits from the New York firm of Clayton, Dubilier & Rice (and their adviser, former Tesco chief Sir Terry Leahy) on the intentions behind the takeover bid that sent

Dull food for dull times: the Morrisons family food box reviewed

The Compass Group boast of serving 5.5 billion meals a year, so you might think they would be good at it. Rather they walked into the most grotesque crisis of the pandemic with their subsidiary Chartwells: catchphrase ‘Eat, Learn, Live’. I might steal that. I am stockpiling one syllable words. When deputised to provide a week’s worth of school lunches to children eligible to receive free school meals, Chartwells sent food boxes so meagre that parents posted photographs of lonely carrots online. Perhaps the Compass Group was compensating for an operating profit of a mere half a billion pounds in 2020 when they are used to three times that. The