Latest news with #Princes
Yahoo
6 days ago
- Automotive
- Yahoo
Inside Swindon's new bus station as £33 site opens to public
After all this time, Fleming Way is open again. The barriers which have closed Fleming Way between Cheltenham Road and Princes and at its various junctions for three years will be removed on Friday, August 15 and Saturday, August 16. Pedestrians will be able to use the newly revamped road, as will cyclists, with a cycle lane on either side of the heavily planted and tree-lined central reservation specially provided. But private cars will not be able to use it at all between its turning circle at Cheltenham Street and the junction with Princes, except to cross it using Milford Street – and automatic ANPR cameras are set up to enforce that. And the buses for which it has all been designed and built will not be using it in earnest until the very last day of the month. As councillors, bus company officials, representatives of passengers organisations and the great and the good, as well as the press, showed up for the official opening, the project manger for the £33m scheme for Swindon Borough Council Liam Hill-Davies explained: 'There are more than 400 bus drivers who need to be trained and become familiar with the interchange.' The guests were assigned one of three buses, one from Swindon's Bus Company, one Stagecoach and One National Express, which will operate its countrywide services from the interchange, for a brief tour of the road – the first three buses to carry passengers since the road was closed in late 2022. The buses passed the 186 trees and 23,000 other plants put in either side and the central reservation before pulling in to the stops constructed in the old John Street Car Park. Recommended Reading Past behaviour could scupper shopkeeper's off-licence plans Revealed: Swindon's population is quickly growing Thousands to be affected by waste collection change as council steps up efforts Huge funding boost aims to make Swindon an arts and cultural hub in UK Councillor Chris Watts, the council's cabinet member responsible for the scheme, said: 'When I came on board the council and became the cabinet member for this about two years ago, my mind was blown at the number and size of the challenges the team laid out at my first meeting. 'It's been a huge job, but thanks to the immense work of everyone on this project, it's been delivered to a high standard and just about on budget. 'This is a landmark for a pro-growth borough – and the investment in this is showing results in the investment we can see all around by First Investment, Zurich and at the Debenhams building.' The MP for Swindon South, which includes the town centre, and Secretary of State for Transport Heidi Alexander said: 'As Secretary of State, I get invited to open a lot of public transport infrastructure schemes, but as a Swindon girl born and bred, being here for this doesn't get any better for me.' Ms Alexander reminisced about the town's bus station, due to be demolished very soon and added: 'Along with shiny, shell suits and crispy pancakes, I think the bus station is another relic of the 1980s which we can consign to history.' As the Mayor of Swindon, Fay Howard, cut a symbolic ribbon, flanked by the MP and Cllr Watts, bus company bosses were equally as enthusiastic. Chris Hanson, the managing director of Stagecoach West said: 'This will help with the regeneration for the town centre and it will make it easier and much more pleasant for people to travel here by bus. It will be an attraction for the bus and will be a huge improvement on the bus station. General Manager for Swindon's Bus Company, Andrew Sherrington, added: 'The town centre really needed something like this.' The company's managing director Ben Murray added: 'The execution of it is to a very high standard.'
Yahoo
04-08-2025
- Business
- Yahoo
Mitsubishi strikes 'business alliance' with Thai Union
Japanese conglomerate Mitsubishi Corp. today (4 August) announced a tie-up with Thai Union Group – and plans to up its stake in the seafood giant. According to a statement from Mitsubishi, the companies have entered a 'business alliance agreement". Mitsubishi, first invested in Thai Union in 1991, plans to acquire a further 13.81% of Thai Union's shares, boosting its stake in the seafood giant from 6.19% to 20%. The group is looking to acquire the extra stake, equating to 532.27 million shares, for Bt6.65 ($205m), according to filings from Thai Union on the Thai Stock Exchange. The groups have developed a 'strong relationship' over more than 30 years, working together across a broad range of seafood items, including canned tuna, pet food, and frozen goods such as salmon and shrimp, Mitsubishi said. The fresh investment and "alliance" will allow both companies to 'maximise value across the seafood value chain by leveraging their respective strengths in procurement, processing, and sales', the company said. The deal will 'enhance global synergies and ensuring a stable supply of high-quality products that meet consumer needs", it added. In its statement, Mitsubishi added demand worldwide for seafood "continues to rise, driven by population growth and shifting consumer preferences in line with economic development". Tuna, specifically "stands out for its widespread appeal across both developed and emerging markets", Mitsubishi said. Thai Union has a presence in tuna through a number of its brands, including John West and Sealect. The move follows on from Mitsubishi's sale of UK seafood major Princes to Newlat Food for £700m (then $893.6m). Mitsubishi acquired the Liverpool-based Princes in 1989. "Mitsubishi strikes 'business alliance' with Thai Union" was originally created and published by Just Food, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
BBC News
24-07-2025
- Business
- BBC News
Liverpool's Liver Building sold for £60m to Princes
A landmark described as the "most recognisable office building in the North of England" has been bought for £ Grade I-listed Royal Liver Building has been bought by food giant Princes, which has been based in the building since 1982 and employs 400 staff company plans to make the building its corporate headquarters and also use it for Liver Building, opened in 1911, is topped by the city's famous Liver Birds and was previously partly owned by former Everton FC owner Fahad Moshiri. The £60m deal is part of a broader £83m real estate plan that also includes the Cross Geen facility in Leeds £23m, a company spokeswoman Harrison, Chief Executive Officer of Princes, said: "Securing the Royal Liver Building reflects our commitment to this great city, our people, and sustainable success. "The Royal Liver Building is an enduring symbol of Liverpool, and it's an honour for Princes to call it our home."Princes traces its Liverpool roots back to 1880 when Simpson & Roberts & Co was established as an importer of canned food. In 1900 the business adopted the name Princes and the brand has been unchanged ever since. Batman's leap The Pier Head building is one of the city's renowned Three Graces, along with the neighbouring Cunard and Port of Liverpool has been a backdrop for many TV and film productions and was used as building in Gotham City in the superhero blockbuster The film's production designer James Chinlund said the building "offered this amazing perch" for Batman's jump and an aerial shot, captured using a helicopter, was then heavily altered to turn Liverpool's waterfront into the Gotham June 2020, firefighters had to bring a blaze in the building under control after a firework was thrown at the building while fans celebrated Liverpool winning the Premier League. Listen to the best of BBC Radio Merseyside on Sounds and follow BBC Merseyside on Facebook, X, and Instagram. You can also send story ideas via Whatsapp to 0808 100 2230.
Yahoo
22-07-2025
- Business
- Yahoo
NewPrinces ‘eyes October listing in London for Princes'
Italian food-and-drinks group NewPrinces is reportedly looking to float its UK unit Princes in London in October. NewPrinces CEO Angelo Mastrolia told the Italian daily Corriere della Sera the company was eyeing a listing in the middle of the month. 'The stock market is a great opportunity. For us, listing has been strategic at every stage of our growth,' Mastrolia was quoted as saying. The then Newlat Food snapped up UK food-and-drinks supplier Princes from Japan's Mitsubishi Corp. in May last year for £700m (then $893.6m). After the deal, the company renamed itself NewPrinces. If the Princes arm is floated, it will be the third element of the business to be listed after NewPrinces itself and Italian dairy arm Centrale del Latte d'Italia. Earlier this month, NewPrinces announced a deal to buy Kraft Heinz's Italian baby-food business. Under the terms of the transaction, NewPrinces is paying €120m ($140m) for assets including five brands: Plasmon, Nipiol and Dieterba infant food; plus gluten-free brand Biaglut and low-protein products sold under the Aproten brand. In May, the company acquired a Diageo drinks plant in Italy that had been earmarked for closure. Mastrolia told Corriere della Sera NewPrinces was weighing up further acquisitions. 'We are evaluating further deals because our strategy is to reach €5bn in revenue by 2030 through external growth, targeting a net profit of €100m,' Mastrolia was quoted as saying. In the first quarter of 2025, NewPrinces generated revenues of €672.2m, a dip from the €699.9m made in the corresponding period of 2024. EBIT stood at €28.9m, against €5.9m a year earlier. NewPrinces booked a first-quarter net profit of €13.5m, versus a loss of €2.2m the year previous. In March, the then Newlat Food booked accounts for 2024 that included results from Princes if the UK group had joined the fold at the start of the year. On that basis, the companies' combined consolidated revenues stood at €2.8bn. Mastrolia also confirmed the Italian group had bought the Royal Liver Building in Liverpool in which Princes had leased office space. "NewPrinces 'eyes October listing in London for Princes'" was originally created and published by Just Food, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Powys County Times
23-06-2025
- Business
- Powys County Times
Tesco axes Foresight Pease Pudding (410g) from UK stores
Tesco has been forced to apologise after confirming a "delicious retro product" has been discontinued from stores across the UK. Major supermarkets, including Aldi and Sainsbury's, have already discontinued products in 2025. Aldi has axed several products from its range this year, including: Discontinued UK chocolates and sweets Meanwhile, Sainsbury's has discontinued the likes of its mini sausage rolls, a range of eggs and two of its own-brand coffees - Mellow Roast Instant Coffee and Taste the Difference Indian Monsoon Malabar Ground Coffee. Tesco discontinues "delicious retro product" Tesco has also axed items from its range this year, including its British Whole Milk 3.408L (6 Pints). The supermarket giant has now confirmed that Foresight Pease Pudding (410g) has also been discontinued across all UK stores. One shopper took to X (formerly Twitter) recently to ask about the ready-cooked vegetable product, which is made up of rehydrated yellow split peas. Hi. I'm so sorry, but yes, this is now discontinued in all stores. Liz — Tesco (@Tesco) June 20, 2025 They posted: "@Tesco Are you discontinuing "Foresight Pease pudding 410g tins" in all stores or just some? "It was in Tesco Bursledon Towers Southampton, discounted to clear (brought the lot!). Is it being discontinued by Princes?" A Tesco spokesperson replied, saying: "Hi. I'm so sorry, but yes, this is now discontinued in all stores." It appears Foresight Pease Pudding has also been discontinued by its makers, Princes, as it is no longer on the international food and drink group's website. Princes has been contacted for comment. "Tasty and delicious" - shoppers rave about Foresight Pease Pudding Foresight Pease Pudding had proved popular among shoppers with it boasting a 4.3 star rating on the Tesco website. One person, reviewing the ready-cooked vegetable product, said: "Pretty authentic Pease Pudding - excellent with pork, ham etc, and also as a meat-free healthy staple, packed with protein. Highly recommended. "It's been out of stock for a while now - please, Tesco, get some more in!" Another added: "Just like home made. Delicious and highly nutritious." While a third person, describing the Pease Pudding as a "delicous retro product", wrote: "Absolutely delicious! It's a bit like mashed potato with carrot; that's the nearest I can describe the flavour. "I saw it in a chap's basket in the queue at the till about four years ago and I was intrigued by the retro look of it. He went and got me a tin.
