Latest news with #suppliers
BBC News
a day ago
- Business
- BBC News
West country builder accused of fraud spent £28,000 on Rolex
A builder accused of fraud amounting to more than £2m spent £28,650 on a Rolex watch while being chased for payment by suppliers, a court has Killick, 56, is charged with 46 counts of fraud across the West country between December 2019 and November 2021 – all of which he denies – relating to unfinished renovations. Mr Killick – who is also known as Marc Cole – bought several luxury watches and stayed multiple times at the luxury Celtic Manor resort in Newport, Wales, jurors at Bristol Crown Court were told. The builder, of Paulton in Somerset, had told police he had always intended to complete the work, and that he had bought the watches so they could be pawned to help cashflow. A number of different luxury watches were repeatedly pawned and redeemed over the course of 2020 and 2021 by Mr Killick, the court heard. He told police that some of his trips to the Celtic Manor with his wife were personal but that others were business trips, paid for by his jury was also told about his previous record in court – namely, a bankruptcy order made against him in 2006, and three instances in which he had pleaded guilty to fraud were also told he had been in prison before. Over Monday afternoon, the court heard from a number of trade suppliers who said Mr Killick owed them money. One timber merchant said he was owed £11,000 by the time Mr Killick's account was closed in 2021, while a kitchen supplier said the builder owed them £2,000.A worktop supplier said he was owed in excess of another £2,000. The trial continues.
Yahoo
4 days ago
- Business
- Yahoo
ZDHC launches Roadmap to Zero digital platform
The initial phase of ZDHC's digital transformation features the introduction of a digital platform for suppliers, with subsequent rollouts planned for brand-specific modules, as well as those designed for formulators and solution providers. This move marks a shift away from PDF documents, centralising all supplier requirements for the ZDHC RtZ Programme on a single online platform. Suppliers in the apparel, textile, leather, and footwear industries will now have access to a comprehensive guide that allows them to navigate and implement ZDHC's sustainable chemical management requirements at their own pace. The platform is designed to streamline the integration of various guidelines and simplify performance evaluations in line with the Supplier to Zero framework. However, the fibre industry sectors such as man-made cellulosic fibres (MMCF), recycled polyester, and dissolved pulp are not currently included in the Suppliers Roadmap to Zero. These sectors are expected to receive guidance in future developments. For brands, the consolidation of supplier requirements into one digital platform simplifies the process of managing and onboarding suppliers. 'This makes it easier to guide and onboard suppliers through a clear, structured journey,' ZDHC said. The organisation plans to launch the Brands Roadmap to Zero in 2026, which it says will offer brands a comprehensive view of their own progress in sustainable chemical management. In addition, the upcoming Brand and Formulator Roadmap to Zero initiatives will continue to unify guidelines into singular platforms, benefiting all stakeholders by enhancing transparency and collaboration within the industry. The ZDHC's RtZ Programme already has over 350 signatories, including brands, suppliers, formulators, and solution providers. 'Carrying out sustainable chemical management can be complex and navigating many PDF guidelines can be challenging for users. We've listened to your feedback and we're now transitioning to a simplified and easy-to-use experience without changing core requirements. No more PDFs. No added complexity. Just a streamlined experience,' ZDHC said in a statement. In December last year, ZDHC released two critical documents namely Recycled Polyester Guidelines V1.0 and the Industry Standard Implementation Approach V1.0, aimed at transforming sustainable chemical management within the polyester recycling sector. "ZDHC launches Roadmap to Zero digital platform" was originally created and published by Just Style, 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. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
6 days ago
- Business
- Bloomberg
India Moves to Shield Power Grids From Solar Equipment Malware
India issued guidelines to protect solar power equipment from potential cyberattacks, responding to industry concerns that imported China-made parts may be putting the grid at risk. Suppliers of inverters — devices that turn direct current into electricity for homes and the grid — will need to connect the machines to a national software platform, hosted on servers in India and managed by a government agency, according to the renewable energy ministry. All communication devices connected to the inverters must use special SIM cards that let machines securely share data without human input, it said in a note on its website.
The Independent
23-07-2025
- Business
- The Independent
The reason Costco milk doesn't spoil after its expiration date
Costco 's Kirkland-brand milk is reportedly lasting significantly longer than its printed expiration date, a phenomenon noted by customers. This extended shelf life is attributed to Costco's exceptionally rigorous testing and quality control standards, which exceed typical FDA requirements. Suppliers face strict annual unannounced audits, and every milk batch undergoes approximately 60 microbial tests, with any failure preventing shipment. The quality of water used in processing is closely monitored, and milk from healthier herds with lower somatic cell counts is preferred for its longer fridge lifespan. These stringent measures contribute to reduced food waste and increased customer satisfaction due to the milk's prolonged freshness.
Gulf Business
18-07-2025
- Business
- Gulf Business
UAE tightens tax rules on sugary drinks: What you need to know
The Ministry of Finance and the Federal Tax Authority (FTA) in UAE have announced a major revision to the excise tax structure applied to sugar-sweetened beverages (SSBs), introducing a new tiered volumetric model that links the tax per litre to the beverage's sugar content. Read- Under the updated mechanism, the higher the sugar content per 100ml, the higher the tax rate applied per litre. This marks a departure from the current flat-rate model, which taxes all SSBs equally regardless of sugar levels, Part of broader health and sustainability strategy The move aligns with the UAE's broader public health strategy aimed at reducing sugar consumption, encouraging healthier lifestyles, and incentivising manufacturers to lower sugar content in their products. The revised tax model is expected to take effect at the beginning of 2026, pending the issuance of the relevant implementing legislation. Authorities say the early announcement is intended to give suppliers, importers, and other stakeholders sufficient time to prepare. Businesses are advised to begin updating internal systems, reviewing product formulations, and ensuring their tax records are aligned with the new framework. According to the Ministry of Finance, the enhanced model reflects the UAE's commitment to using innovative financial and legislative tools to support national health goals. Unlike the previous classification-based approach, the new system directly links the tax burden to sugar content, thereby tying fiscal measures to health outcomes. 'The updated mechanism encourages manufacturers to reduce added sugars and empowers consumers to make more informed dietary choices,' the Ministry said in a statement. The policy also contributes to broader regional efforts to harmonise tax systems across the Gulf and supports the use of taxation as a lever for sustainable development. Implementation set for 2026 with industry support measures To ensure a smooth rollout, the Ministry of Finance, in cooperation with the Federal Tax Authority and other relevant entities, will launch public awareness campaigns in the coming months. These efforts aim to educate stakeholders and ensure full compliance across the business sector ahead of the 2026 implementation. The system has been developed in close coordination with the Ministry of Health and Prevention to ensure alignment with national public health priorities and measurable improvements in dietary behaviour. Further details, including specific tax rates and implementation guidelines, will be released in due course to support businesses during the transition period.
