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15.08.25 - 20:24
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UK′s largest bioethanol plant to shut after blow from Starmer′s trade deal with Trump (The Guardian)
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Associated British Foods says 160 jobs will be lost at Vivergo site in Hull after ministers refuse to fund rescueThe UK's largest bioethanol plant is to close after being dealt a body blow by Keir Starmer's trade deal with Donald Trump.The owner of the Vivergo plant in Hull, owned by Associated British Foods (ABF), said it would close with the loss of 160 jobs, just hours after the government said it would not fund an industry rescue package. The first redundancies will be made on Tuesday. Continue reading......
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15.08.25 - 09:48
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Kingsmill owner agrees to buy Hovis in deal to create UK′s biggest bread brand (The Guardian)
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Jobs expected to go if competition watchdog approves takeover by Associated British FoodsThe owner of Kingsmill has agreed to buy its rival Hovis in a deal that would create the UK's biggest bread brand if the competition regulator approves it, but also put jobs at risk.The deal comes after decades of decline in the popularity of the packaged sliced loaf, with Hovis, owned by the private equity company Endless, and its rival Kingsmill – part of Associated British Foods (ABF) – struggling to get out of the red for some years. Continue reading......
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15.08.25 - 09:36
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ABF To Acquire Hovis Group For Undisclosed Terms (AFX)
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LONDON (dpa-AFX) - Associated British Foods plc (ABF.L) announced on Friday that it has agreed to acquire Hovis Group Ltd. from Endless LLP to strengthen its UK bakery operations for undisclosed t......
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26.06.25 - 11:24
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Britain′s biggest biofuel plant could close over impact of UK-US trade deal (The Guardian)
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ABF threatens to shut Vivergo site in Hull in September amid warnings bioethanol industry could collapseBusiness live – latest updatesThe owner of Britain's biggest bioethanol plant is threatening to close the Hull site by mid-September, putting 160 jobs at risk, after it warned that concessions made in the recent US trade deal would wipe out the industry in the UK.Associated British Foods (ABF) said that it had entered formal negotiations with the government over the future of the Vivergo plant but had begun consultations with staff “to effect an orderly wind-down”, given the outcome of talks with ministers was “uncertain”. Continue reading......
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