Newspaper article The Journal (Newcastle, England)

Food Maker Optimistic

Newspaper article The Journal (Newcastle, England)

Food Maker Optimistic

Article excerpt

The maker of NestlA-branded ice cream and Skinny Cow desserts has maintained an optimistic stance despite warning of continued tough markets.

Richmond Foods, which provides tubs and multi-packs of own label ice cream and branded products to supermarkets, said it believed new products and pounds 50m of investment over the past five years would help it to keep growing.

Ex-Ladbrokes boss winner

A FORMER boss of Ladbrokes bookmakers is the big winner of the latest flotation of an online gaming company to take place in London.

Ed Ware collected pounds 21.6m in shares for his 36% stake in Gibraltar-based 32Red, which he founded just three years ago and where he is chief executive.

The company ( valued by the market at pounds 60m ( owns the 32Red.com and 32Redpoker.com websites.

Morrisons warns on 2,500 jobs

SUPERMARKET giant Morrisons has warned that 2,500 jobs could be lost after a review found that three of the company's depots may no longer be required. …

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