The Financial Times reported the development, citing unnamed sources, as the UK retailer moves forward with a sale of its continental European operations.
CEO Sir Dave Lewis said now “is the right time for this change” as Nik Jhangiani set to depart as finance chief in new year.
The spirits company named Wilson to succeed Nik Jhangiani—who was also interim CEO last year—at some point in 2027.
The new boss of Diageo has hired his former Tesco colleague to help drive a turnaround at the Guinness maker.
LONDON, September 23, 2026--Impossible Foods announced today its long-awaited debut in U.K. supermarkets in collaboration with the region’s No. 1 grocery retailer, Tesco. Starting this week, the plant-based protein brand preferred by meat eaters in taste tests will roll out four all-new, flavour-packed products in select Tesco supermarkets across the United Kingdom.
The finance chief of London-listed marketing services group WPP is quitting in the middle of its turnaround to be reunited with her former Tesco colleague, the Diageo chief executive Sir Dave Lewis. Sky News has learnt that Diageo was on Tuesday finalising the appointment of Joanne Wilson as its new chief financial officer.
VLGEA is benefiting from store investments, digital sales growth and stronger cash flow as it upgrades its regional network.
Right now UK consumer staples retailers that cater to tight budgets sit in the crosshairs of a big policy story. A potential reset of Local Housing Allowance could ease pressure on some low-income households while changes to Universal Credit rules might pull the other way. That tug of war can reshape till receipts. This article breaks down how that tension touches three UK stocks exposed to the news. The stocks covered below are just a first cut from this theme, and the full screen surfaced 3...
Svedka will go on sale in the UK from 28 September through selected Tesco stores, One Stop, and Booker Cash and Carry.
WRAP’s Global Durability Accelerator Initiative has already worked with over 35 brands to test over 200 garment styles.
The ten-strong range will be manufactured at Pilgrim’s Carrickmacross factory in Ireland under the licensing agreement.
RALEIGH, N.C., September 18, 2026--Vontier Corporation (NYSE: VNT), a leading global provider of critical technologies and solutions to connect, manage and scale the mobility ecosystem, today announced that Tesco will integrate technologies from Gilbarco Veeder-Root and Invenco to create a scalable and efficient fuelling solution across the retailer’s petrol stations.
Supplies of Johnnie Walker and Bell’s whisky face disruption as more than 100 workers at Diageo’s biggest Scottish distillery prepare to go on strike.
Tesco is losing its grip on the grocery market as rivals gain ground and food prices accelerate ahead of the Budget.
Tooru PLC (AIM:TOO, FRA:73N) CEO Scott Livingston spoke with Proactive's Stephen Gunnion about the company's half-year performance, growth across OAF and Pulsin, expanding retail distribution and its acquisition strategy for the second half of 2026. Livingston said Tooru generated more than £1 million of EBITDA from its operating businesses in H1, with OAF gaining traction through increased distribution and securing additional stores with Tesco and Asda after meeting key performance indicators during its trial period. "We've only just started," he said, noting OAF remains in a relatively small number of stores across both retailers, with encouraging early conversations under way with other chains. He also discussed the recovery at Pulsin, which has returned to positive cash flow and EBITDA after earlier challenges, with strong demand and growing European distribution supporting a cautious shift from a defensive approach back towards growth. Following a fundraise of nearly £1 million, Tooru is assessing potential acquisitions, targeting wellness and natural-product businesses that fit its existing portfolio, serve similar consumer demographics, and could benefit from its manufacturing capabilities. Looking ahead to H2 2026, Livingston identified three priorities: increasing OAF distribution with major retailers, expanding Pulsin's European reach, and pursuing suitable acquisitions. Visit Proactive’s YouTube channel for more interviews and company updates. Don’t forget to give the video a like, subscribe to the channel and enable notifications for future content. Read Proactive's Editorial Policy here: https://www.proactiveinvestors.co.uk/pages/editorialPolicy #TooruPLC #Tooru #OAF #Pulsin #ScottLivingston #EBITDA #RetailGrowth #Tesco #Asda #Acquisitions #ConsumerBrands #Wellness #NaturalProducts #BusinessGrowth #InvestorNews
The number of prohibited additives now stands at 114, up from 65 last year.