Heinz Job Cuts

Heinz warns of up to 250 job cuts in Britain and Ireland. The proposed 'streamlined structure' aims to prepare Heinz for accelerated growth - at the cost of up to 248 office posts. Is this a classic case of delayering to a more simple organisational structure?

Heinz Job Cuts

Rising Onion Prices Sting India

The Indian economy is facing one of its worst crises in a decade and while that is worrying the political and economic fraternity, what is worrying ordinary Indians is the price of onions. People in India eat their way through 15 million tonnes of onions a year and in the last month the price has gone up nearly five-fold and is stinging everyone in India. The reason for this is a classic case of supply and demand. Find out more by checking out the article below.

Rising Onion Prices

Tesco Unveils New Look Superstore

Tesco is giving shoppers a taste of the future with its brand new look superstore which opened up in Watford last week. Tesco describe it as "the very latest in retail innovation". The store brings together under one roof some of the businesses and brands that Tesco have been adding to their portfolio. Check it out by following the link below.

New Look Tesco

Don't Waste...Create

Coca-cola are introducing a sustainability campaign to aim to encourage people to re-use their plastic bottles in a creative way. As people are becoming more savvy about recycling this is clever timing from Coca-cola to latch onto this and show that they also care about the planet despite being a huge multinational company. Do you think it will have any effect?

Wonka Is Back

Nestle are bringing back the Wonka chocolate range with new bars developed for the UK market. Two variants will be first introduced with Nestle focusing on something "exciting, genuinely new & different". This will be backed with a marketing campaign costing £3.6 million. Is there room in the market for a new chocolate bar?

Wage Drop

Wages in the UK have seen one of the largest falls in the European Union during the economic downturn, according to official figures. Hourly wages have fallen 5.5% since mid-2010, adjusted for inflation, which is the fourth-worst decline in the 27-nation bloc. By contrast, German hourly wages rose by 2.7% over the same period. Where does this leave the UK Economy?

UK Wage Decline

Interest Rates Held Until Unemployment Falls

Bank of England governor Mark Carney has said the Bank will not consider raising interest rates until the jobless rate has fallen to 7% or below. This would require the creation of 750,000 jobs and take up to three years. Follow the link to see how optimistic Carney was about the UK Economy.

Interest Rate Promise