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Sabah Meddings

@sabahmeddings

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Covering UK business, drinks and tobacco for @Business. Previous: Chief Business Correspondent at The Sunday Times. DMs open.

London, England
Joined June 2009
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@sabahmeddings
Sabah Meddings
2 years
Grimsby, once Europe's biggest fishing port, voted 70% for Brexit. But now voters say Brexit was rhetoric and broken promises. “The fishing industry in the UK is smaller than the lawnmower industry,” says Patrick Salmon. “Nobody gives a toss, really.” .
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bloomberg.com
Grimsby, blaming the EU for decades of decline, voted overwhelmingly to leave. It hasn’t helped—and may have made matters worse.
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@sabahmeddings
Sabah Meddings
17 days
Exclusive: Claire's Stores is considering a potential bankruptcy for its US operations, as bankers race to find a buyer. The teen accessory chain has received interest for its European assets.
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bloomberg.com
Claire’s Stores Inc. is considering a potential bankruptcy for its US operations, according to people with knowledge of the matter, as the former fixture of shopping malls across the country strugg...
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@sabahmeddings
Sabah Meddings
1 month
Ben & Jerry’s fight with Unilever on social justice in the Trump era is heating up ahead of the £15bn spin off of its ice cream division. Interviews with insiders and court filings show how nasty the dispute has become. With ⁦@CHughesMorgan⁩.
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bloomberg.com
The battle between the two sides has heated up as Unilever prepares to spin off its £15 billion ice-cream business.
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@sabahmeddings
Sabah Meddings
1 month
@JamieNimmo63 Claire’s has been controlled by former creditors including investment firms Elliott and Monarch Alternative Capital since its 2018 bankruptcy.
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bloomberg.com
Claire’s Stores Inc. is exploring a sale as the jewelry retailer faces mounting competition and higher import costs from US tariffs.
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@sabahmeddings
Sabah Meddings
1 month
Exclusive: Claire's, the retailer backed by Elliott Management, has been put up for sale. Pressure from higher import costs has hit the chain which has more than 2,000 stores. Advisors from Houlihan Lokey are hunting for a buyer. With @JamieNimmo63 .
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bloomberg.com
Claire’s Stores Inc. is exploring a sale as the jewelry retailer faces mounting competition and higher import costs from US tariffs.
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@sabahmeddings
Sabah Meddings
2 months
NEW: The director of AOG Technics, at the centre of a global investigation into bogus airplane parts, appeared at a London court for the first time today. Jose Alejandro Zamora Yrala was charged with fraudulent trading by the UK’s Serious Fraud Office.
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bloomberg.com
The director of a firm at the center of a global investigation into bogus airplane parts appeared at a London court for the first time on Monday.
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@sabahmeddings
Sabah Meddings
2 months
Breaking: The UK's Serious Fraud Office has charged the director of the company at the centre of a fake plane parts probe, which it said left planes grounded. The SFO has charged AOG Technics Ltd's director, Jose Zamora Yrala with fraudulent trading.
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bloomberg.com
The former director of a firm at the center of a global investigation into bogus airplane parts was charged with fraud by UK authorities.
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@sabahmeddings
Sabah Meddings
2 months
RT @LucyGJWhite: For the last year, I’ve been working on an investigation that’s left me staggered. It’s a damning indictment of the UK’s c….
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bloomberg.com
Recent changes to immigration policy won’t do anything for people who’ve been exploited while seeking jobs in the UK. But they may worsen the care-worker shortage.
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@sabahmeddings
Sabah Meddings
3 months
Big farming’s latest battle ground is the UK’s planning laws and the local villages taking a stand. But with the UK so reliant on imports for pork and poultry, producers are pushing ministers to step in. Cranswick’s fight with a Norfolk village: .
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bloomberg.com
If Britain is going to wean itself off pig and chicken meat imports, producers argue output should rise. But locals disagree.
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@sabahmeddings
Sabah Meddings
3 months
RT @JamieNimmo63: Thought billionaire Jim Ratcliffe was having a rough time at Manchester United? His foray into the car business is provin….
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bloomberg.com
The maker of the Grenadier faces a major bump in the road to profitability.
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@sabahmeddings
Sabah Meddings
4 months
Exclusive: Diageo reaches Ciroc Vodka Deal with LeBron James-backed Tequila
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bloomberg.com
Diageo Plc is forming a joint venture between its Ciroc vodka brand and a tequila backed by basketball star LeBron James.
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@sabahmeddings
Sabah Meddings
4 months
RT @JamieNimmo63: British defence companies like Babcock are already hiring thousands of workers in anticipation of a spending boom - but c….
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bloomberg.com
More money to upgrade the military should boost thousands of suppliers — if they can overcome a shortage of staff and skills.
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@sabahmeddings
Sabah Meddings
4 months
RT @AlexCrawfordSky: The entire world has been reliant on these Palestinian journalists as our eyes and ears inside the warzone that is Gaz….
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@sabahmeddings
Sabah Meddings
5 months
Extraordinary read from colleagues on the six women who were allegedly sexually assaulted by Evelyn de Rothschild over three decades. @GriffithsKath_ @harrynwilson and @GavinFinchBBG .
bloomberg.com
The butler summoned the young female employee to Evelyn de Rothschild’s private office at his grand manor house in Buckinghamshire, northwest of London.
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@sabahmeddings
Sabah Meddings
6 months
RT @creery_j: Scoop: Former Matalan boss Jo Whitfield will join the board of directors at Asda as the supermarket tries to bolster its reta….
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@sabahmeddings
Sabah Meddings
6 months
Inside the illicit vaping industry which has pitted Big Tobacco against start-ups making $$$ and regulators, who are raiding vape shops across the US. The crackdown just got messier with Trump taking office: . Today's @business Big Take is on the standoff:.
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