Posts tagged: business

Budget: Sweet shop owner calls for tough action on debts

Angie Prior from Axminster’s The Sweet Shop says Britain must live within its means and the Chancellor should take the action needed including encouraging more successful business people to act like chef Hugh Fearnley-Whittingstall Angie Prior’s shop is right next door to Hugh Fearnley-Whittingstall’s River Cottage Store & Canteen in Axminster and she’s quite pleased about that fact. “When I come here it was lik ... Jump to full article >>

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Altria Group 1st-quarter profit up as Marlboro gains market share, company cuts costs

Marlboro maker Altria Group Inc. said Wednesday higher prices, gains in its cigarette, smokeless tobacco and wine business and cost cutting led its first-quarter profit to climb 38 percent. The owner of nation’s biggest cigarette maker, Philip Morris USA, also reaffirmed its guidance for the year but said the second quarter will be challenging for income growth. Altria, based in Richmond, Va., said it earned $813 million, or 39 cents per sh ... Jump to full article >>

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George Osborne’s got it right – we need wealth creation

I tell you it’s enough to shake a chap’s confidence in Her Majesty’s Press. It was barely a month ago that my trembling fingers reached for a Sunday paper proclaiming in huge type, all over the front page, that Gordon Brown was “on course” to win the election. So imagine my feelings of bewilderment yesterday morning when I went to the same newsagent to buy the very same newspaper. And there – on the same front page ... Jump to full article >>

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Punch Taverns boss walks away from debt-laden pub business

The boss of Punch Taverns, Britain’s biggest pub company, called time on his nine-year tenure and walked away from the debt-laden business. Giles Thorley, a lawyer and banker before he went into the business, personally made tens of millions of pounds from Punch in the pre-recession boom, but the company – which has a stockmarket value of £540m – is now hobbled by a debt mountain of more than £3.5bn. Shares in Punch, which have provid ... Jump to full article >>

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Senecas Ask President Obama to Veto the PACT Act

The Leaders of Seneca Tribal Nation declared that the recently passed PACT (Prevent All Cigarette Trafficking) Act as an outrageous violation of their rights. In case the Act is legally signed by President Barack Obama, it will ban Tribal cigarette business from shipping tobacco by the U.S. Postal Service, what would result in laying off more than 1.000 tribal and non-tribal workers. Barry Snyder, Seneca Nation Leader claimed that the PACT Act is ... Jump to full article >>

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Smoking ban has little effect on businesses

The first month of a statewide smoking ban in restaurants and bars has been pretty much a nonevent, local business operators said yesterday. Most longtime customers who smoke have either adapted to the restrictions, which went into effect Jan. 2, or chosen to brave the cold weather before or after a meal, the operators say. On the other hand, the operators say they haven’t seen a sizable uptick in business from nonsmokers either, although t ... Jump to full article >>

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