McCambridge bid for Cooke’s

first_imgDublin’s McCambridge Group has tabled a formal offer for rival company Cooke’s Bakery, currently in examinership, the Irish equivalent of receivership.Accountant Neil Hughes, who was appointed examiner of Cooke’s in early February, will ask the bakery’s creditors and shareholders to approve the sale at a series of meetings this month. Under the arrangement, they will receive a percentage of what they were owed, and the company’s debt will be restructured. If the deal is sanctioned by the creditors, it will be put to the High Court for final approval over the coming weeks.Cooke’s Bakery, a wholesale baker that supplies firms inclu-ding Tesco, is owned by Dublin restaurateur Johnny Cooke.last_img read more

Mill reshuffle

first_imgLondon flour miller GR Wright & Sons has appointed Julian Woodgate to its board.Woodgate has been technical sales manager with Wright’s for five years and will take over from Chris Wyle, who retires as technical director after 14 years. Wyle will continue working on a part-time basis.Woodgate’s responsibilities will continue to include quality control, new product development and value-added sales.MD David Wright said: “I am sure Julian will do a great job following in the footsteps of Chris and wish him every success.”last_img read more

New national commitment to sustainable food and drink

first_imgResource efficiency charity WRAP has pledged to reduce the resource intensity of the UK’s food and drink by one-fifth, saving £20bn.On behalf of the government and devolved administrations, it has unveiled “a pioneering commitment”, which brings together organisations from across the food industry to make food and drink production and consumption more sustainable for the future.As well as a £20bn saving to the economy, WRAP wants leading organisations from across the food chain to work together to tackle food and drink waste, greenhouse gas emissions and water intensity. Ninety-nine signatories, including all the major UK food retailers, as well as brands, foodservice companies, trade bodies and local authorities, have already signed up.Supermarket signatories include Asda, Sainsbury’s, Tesco, Morrisons, Waitrose, Marks & Spencer, The Co-operative Food, Aldi UK, Lidl and the Central England Co-operative.Other notable signatories include Associated British Foods, Birds Eye UK, Premier Foods, Warburtons, the British Retail Consortium, the British Sandwich & Food to Go Association, the Food and Drink Federation and the Food Standards Agency.The Courtauld Commitment 2025, as it is called, is a voluntary agreement “to work along the entire food chain to reduce the environmental impact of our food and drink, from farm to fork and beyond”. Signatories announced at its launch represent over 93% of the 2016 UK food and drink market share. The commitment has three targets:A 20% reduction in food and drink waste arising in the UKA 20% reduction in greenhouse gas intensity of food and drink consumed in the UKA reduction in the impact associated with water use in the supply chain.Signatories will work together with WRAP to identify new actions and opportunities to save resources, which can be shared across the entire supply chain to make the whole system more sustainable and resilient to disruptions. Signatories also commit to implementing changes, measuring the benefits, and helping other businesses and people to realise savings.Safeguard UK foodDr Richard Swannell, director of sustainable food systems at WRAP, said: “To safeguard UK food we need a step-change to increase sustainable food and drink production and consumption, conserve resources and combat climate change. Courtauld 2025 will do this.“Collaboration has never been more important… I look forward to welcoming other leading organisations as signatories over the coming weeks, months and years, and delivering this ambitious agreement.”Resources Minister Rory Stewart said: “Food waste – at any stage from the farm to the house – is something we should avoid. It wastes precious water and resources.  “Under the last framework we have already reduced food waste in the supply chain by 10%. And this team-work and leadership should allow us to go much further.”last_img read more

This Week’s Picks: Lesli Margherita, Hamilton & more!

first_imgSet Sail with Dames at Sea Begins September 24 at Helen Hayes TheatreWho doesn’t like tap dancing? Who doesn’t like Busby Berkeley-style musicals? Who doesn’t like Lesli Marghertia? If only there were a musical that met all three needs. Well, we have one! Dames at Sea, which opened with Bernadette Peters back in 1968, returns. This time, Eloise Kropp plays the young lady who lands a role in her first Broadway show—only to find the stage is about to be demolished. Click for tickets! See Singing Songwriters and Stars September 21 at 54 BelowAn evening with singer-songwriters conjures images of mugs of herbal tea and talks about life’s grand adventure. Well, not this time. Will Van Dyke and Jeff Talbott, the duo behind Imagine Harry and the upcoming Wintersong will perform highlights from those shows and songs from their upcoming EP A View of the River supported by stars galore—including Annaleigh Ashford and Kate Baldwin! Sit in on The Gin Game Begins September 24 at John Golden TheatreCicely Tyson and James Earl Jones starring in The Gin Game is an idea that makes too much sense. We can only hope that the producers don’t ruin the revival of D.L. Coburn’s Pulitzer Prize-winning gem by inserting a rapping dinosaur or an Elvis impersonator or some other atrocity in the name of creative enhancement. The achingly personal dialogue and powerhouse performances are all you need. Click for tickets! View Comments Take Hamilton with You Available September 25Lin Manuel-Miranda’s Hamilton has transfixed New York audiences—and various celebrities—for months. Now you can take a bit of the show with you as the original Broadway cast recording (executive produced by the Roots’ Ahmir “Questlove” Thompson and Tariq “Black Thought” Trotter) becomes available digitally. The bad news is that one idea-deprived aunt won’t have a CD to buy you for the holidays. We’re sure you’ll come up with other ideas. Lesli Margherita Pope Up the Jam with Gloria, JHud & More September 25 at Madison Square GardenIt’s good to be the Pope. You get your own city, a flock of followers and there’s that whole infallibility thing. Plus, when you tour the U.S., people throw concerts for you. Before Pope Francis’ mass at MSG, there’s a two-hour pre-show featuring prayer and devotional music. And it’s no joke. Scheduled to appear: Norm Lewis, Gloria Estefan, Kelli O’Hara, Harry Connick Jr. and Jennifer Hudson. If you want tickets, head to your local parish. Star Files Hey, you, still bawling that Hedwig and Mamma Mia! are in that big wrap party in the sky. It’s going to be OK. You just need some time to mourn, which ends now. Only a dope would mope. There’s so much great stuff happening this week, including two star-studded concerts and two new plays. Dry your eyes—and get ready for this week’s picks!last_img read more

2003 review

first_imgAnother year comes to an end. Want to look back on what happened? From news to use about Georgia Family, Agricultural, Consumer and Environmental Sciences, here are2003’s biggest stories related to agriculture, business, environment, food & health, technology and weather, sorted by date andlinked to the story in our archive. AgricultureBusiness EnvironmentFood & HealthTechnologyWeatherlast_img

New EPA proposal not likely to end disputes over new gas pipeline projects, experts say

first_img FacebookTwitterLinkedInEmailPrint分享S&P Global Market Intelligence ($):Even as industry welcomes the U.S. Environmental Protection Agency’s latest proposal aimed at preventing states from blocking infrastructure projects, experts say that the policy is unlikely to give gas pipelines the boost they want.The Aug. 9 rule-making proposal — the latest volley in a battle between states and the Trump administration over lengthy delays to gas projects — would limit state’s authority under the Clean Water Act to block pipeline construction if a project does not meet state standards. However, while the policy would likely shake up federal-state dynamics on infrastructure projects and appears destined for lengthy court battles, the proposed EPA rule is unlikely to prevent states from denying pipeline developers critical water quality permits, several lawyers and energy analysts said.“There is a plausible case to be made that this decision and that this proposed rule is more of a victory for style over substance in terms of being able to effectively rebut recalcitrant state governments that are not interested in permitting new natural gas pipeline,” said Rob Rains, an energy industry analyst at Washington Analysis LLC.The rule could make it incrementally easier for developers to sue states over unfavorable decisions on Section 401 applications, but it would not cut state politics out of the review process, said Katie Bays, an energy analyst and co-founder of research and consulting firm Sandhill Strategy.“Superficially, you would say that more favorable guidance from the EPA strengthens the legal position of pipeline projects and LNG projects that have struggled to obtain 401 certificates from states…That’s the hope and that’s what the administration is attempting to do here,” Bays said. “However, because the guidance does not remove the ability of the states to reject an application for a water quality certificate, they can still do that.”Rains, too, said the scope of what the EPA can accomplish through regulation will remain limited, particularly if Congress is unwilling to change the underlying law. “Yes, the EPA can initiate this rulemaking. They can tighten up these requirements,” he said. “But there is already this prevailing dynamic where the states get a say in this. If Massachusetts or New Jersey or New York or whomever — Virginia — don’t want a project going through, then they have tools at their disposal. It’s not too complicated.”More ($): Stalled gas pipeline projects unlikely to get relief under EPA rule, experts say New EPA proposal not likely to end disputes over new gas pipeline projects, experts saylast_img read more

Australian grocer Coles expands renewable energy commitment, signs major solar PPA

first_img FacebookTwitterLinkedInEmailPrint分享Renew Economy:Construction of three large-scale solar farms proposed for regional New South Wales could be underway as early as next month, after a landmark deal between Australian supermarket giant Coles and UK-based renewables developer Metka EGN.The 10-year deal – claimed as a first for a major Australian retailer – will see Coles purchase more than 70 per cent of the more than 220 gigawatt hours of electricity that will be generated by the three PV plants, which will be built and operated by Metka near Wagga Wagga, Corowa and Junee.This would be enough to meet around 10 per cent of the retailer’s electricity needs, a statement said, and would add to the commercial solar already installed on 30 Coles outlets, and to plans to install rooftop PV on a further 38 stores this financial year.The three solar farms at the centre of the deal, totaling 260MW in capacity, were originally developed by Terrain Solar – the company behind the under-construction Warwick Solar Farm, now owned by and set to supply the University of Queensland – and were acquired by Metka earlier this year.Terrain chairman David Griffin said the deal struck between Metka and Coles meant that construction of the solar farms would go ahead in September, and all three projects could be finished and supplying power to the grid by July 2020.The three NSW solar farms, meanwhile, are the latest in Australia to be built off the back of corporate power purchase agreements, as big businesses and energy users turn to large-scale renewables to cut costs and bolster their sustainability. Notable corporate PPAs of the recent past have included Australian steel giant BlueScope agreeing to buy the bulk of the output from the Finley Solar Farm, which has just started sending power to the grid in NSW. And in March last year, brewing giant CUB signed a 12-year power purchase agreement with BayWa to buy just under half of the output of the 112MW Karadoc solar farm in Victoria, completed late last year by German company BayWa – accounting for nearly 90 per cent of CUB’s total electricity needs.More: Landmark deal to power Coles underpins three NSW solar farms Australian grocer Coles expands renewable energy commitment, signs major solar PPAlast_img read more

How to fail at mobile lending without even trying

first_img 8SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Preston Packer Preston Packer is the Director of Sales & Marketing for FLEX. Preston has been with FLEX since 2000 and has worked in various sales management roles over that time. Preston’… Web: Details Your 2016 goals and strategy are no doubt set, and if you’re like most credit unions we talk to mobile lending is on that list. We see the rise in social media and the need to appeal to younger members as the main push for CU’s to adopt mobile lending, and we understand that technology is changing the way members access financial services. However, as much as mobile lending is an opportunity for credit unions to gain more revenue and new members, how much of an impact will it make to your bottom line? Will the amount of new business justify the expenditure?With the right core in place, you are presented with the opportunity to introduce new technology to your product offering with relative ease. Thanks to integrated apps, if your credit union core has kept up with the pace of technology, going to market with a product like mobile lending may not require as much up front work or costs as you fear.View our “Loans To Go!” eBook on using your core technology to master mobile lending.But just having the product available is not enough to ensure success. Here are some common ways to fail in your planning and implementation of mobile lending for your CU:1) Making too many assumptions about your members and their demographics Most credit union executives understand the demographics of their current and potential member base, and how they are changing, and then project those changes on to their offering. But be careful in drawing too many conclusions. Credit unions with aging members should not assume that mobile technologies only target the young. However resistant to adoption, older members will depend increasingly upon mobile technology as they live longer lives and as their mobility declines. Consideration of demographics like this can illuminate a long-term vision for mobile lending.2) Assuming your mobile lending is the only game in town Gauge your members’ susceptibility to competing alternatives. It’s a strong bet that your neighborhood loan shark can be found in the app store. Whether from some obscure shadow banking outlet, or from a major player like Quicken or Google, members have many new sources of cash. Take the time to understand these encroaching services and assess the extent to which your members are susceptible to them. As you do so, you will see opportunities to differentiate and better estimate demand for your mobile loan offerings. For example, credit unions who offer remote controls for cards enjoy a distinct competitive advantage in promoting credit card loans to members who travel, who shop online or who might be otherwise uniquely exposed to fraud risk.3) Targeting members’ stereotypesA recent study around the use of big-data reveals that “interests, opinions and overt behaviors are a much better indicator of customer demand” than traditionally-defined market segments. In other words, indicators like income, ethnicity or education matter much less than your member’s personal credit score, substance abuse record, work-place habits or spending patterns.While most credit unions think big-data is something accessible only by government entities and internet wizards, it’s really not. Big-data is any resource that helps you construct an intimate picture of how your members behave and what motivates them. As you analyze information you already possess in your loan portfolio and account records, you will better see how those pictures of your members fit into your strategic landscape for mobile lending.4) Not even tryingSimply NOT considering and thoroughly analyzing mobile lending is a sure-fire way to fail at it.  Even if you determine it is not right for you, doing your due diligence to assess it will benefit you, while ignoring it would be a huge mistake. Most Americans now own a mobile phone and mobile has overtaken PC usage on the internet. It was just announced that in 2015, the number of weekly mobile bankers exceeded weekly branch bankers. Nearly 70% of online product searches lead to action within an hour and mobile loan products should be no exception!Assessing the impact of mobile lending is important, but be sure you get there, and get your implementation right. Tier-1 mobile apps, such as those developed by FLEX, integrate directly into your credit union core processing system so they can deliver the efficiency and advanced capabilities that your staff and your members will demand. You’ll find integrated systems to be indispensable to your success in the mobile arena.Download our new eBook: Loans To Go!last_img read more

Fintechs: Friend or foe?

first_img“Despite decades of advances in communications technology, data analysis—and pharmacological stimulants—bankers aren’t any cheaper than they were a hundred years ago,” notes an article at “Thus the need for fintech disruption, more now than ever.”The world of finance has been “stubbornly resistant” to technological innovations that relax prices and enhance efficiencies, the article notes.For the last 100 years, Americans have remitted approximately two cents per every dollar that flows through the banking industry, according to research conducted by New York University professor Thomas Philippon. continue reading » 3SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Fernandes lifts Man Utd as Wolves, Arsenal boost Euro hopes

first_img“I am very pleased for him. He has done something to the crowd. He shows the attributes of a Manchester United player. He is a great addition to the squad.”Portugal midfielder Fernandes is under no illusions over his task as United look to return to the lucrative Champions League after a season away.”Everyone knows we want to get into the Champions League places. I am here to help the team conquer this place and keep winning games,” he told the BBC.Wolves, in eighth place, are just two points behind United after a convincing 3-0 win against bottom-club Norwich at Molineux.Diogo Jota scored twice and Raul Jimenez poached his 21st goal in all competitions during the current campaign early in the second period to leave Norwich seven points adrift of safety and looking doomed.Wolves boss Nuno Espirito Santo said his side had managed the game well.When asked about challenging for a Champions League spot, he said: “We’re going to stay focused because the difficulty is to sustain your performances through the season.”After that, we’ll see, but it’s about building your team and getting them ready to compete whenever, wherever.”Arsenal comeback In the day’s late kick-off, Arsenal recovered from a terrible start to hand Carlo Ancelotti’s Everton their first Premier League defeat since New Year’s Day.Dominic Calvert-Lewin finished acrobatically after Arsenal failed to deal with a free-kick in the first minute but Eddie Nketiah levelled in the 27th minute and six minutes later the home side were ahead when Pierre-Emerick Aubameyang raced clear and finished coolly.Richarlison equalised for Everton in first-half stoppage time but Arsenal retook the lead moments after the restart through Aubameyang, who is now the joint leading scorer in the Premier League with 17 goals.Arsenal are unbeaten in seven league matches and Sunday’s win lifted them to ninth in the table.Manager Mikel Arteta said it had been his best week since taking charge at the Emirates in December.”The best thing is the spirit we showed after coming back from Europe — three games in seven days,” he told Sky Sports. “And coming back after we went behind. The resilience they showed after they were absolutely shattered.”As it stands, fifth place could be enough to earn a Champions League spot because second-placed Manchester City have been banned from Europe’s elite competition for two seasons, pending an appeal.On Saturday, Chelsea strengthened their grip on a top-four place by beating London rivals Tottenham 2-1 on a day overshadowed by controversial VAR decisions.Officials ruled that Spurs midfielder Giovani Lo Celso did not deserve to be sent off for a stamp on Cesar Azpilicueta that Chelsea boss Frank Lampard called a “leg-breaker”.There were also incidents involving the technology in Bournemouth’s defeat at Burnley and Manchester City’s win at Leicester.Elsewhere, there were wins for Crystal Palace and Southampton while high-flying Sheffield United drew 1-1 with Brighton.Liverpool host struggling West Ham at Anfield on Monday.Topics : It means United, who have struggled to find consistency all season, are now in fifth place on 41 points, just three adrift of Chelsea.United paid tribute to the late Harry Gregg, hero of the 1958 Munich air disaster, before kick-off at Old Trafford.Ole Gunnar Solskjaer praised his new signing, who picked up the man-of-the-match award for his display against Watford, languishing second from bottom of the table.”He has done fantastic,” said the Norwegian boss. “He has given everyone a boost. He wants the ball all the time, he wants to conduct the play.  Manchester United moved onto the shoulder of fourth-placed Chelsea on Sunday after brushing aside lowly Watford as Wolves and Arsenal also staked their claims for Champions League football next season.With runaway leaders Liverpool looking certain to win the Premier League, attention has switched to the race for European places, with just 10 points separating Chelsea from Southampton, in 12th spot.New signing Bruno Fernandes opened his goalscoring account for United at Old Trafford from the penalty spot before impressive second-half goals from Anthony Martial and Mason Greenwood sealed a 3-0 win.last_img read more