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Showing posts with the label out-sourcing

All very fishy

It sounds mad: shipping UK-caught langoustine thousands of miles to be processed, then back again to be turned into breaded scampi and put on sale. That's what leading seafood producer Young's started doing last year. We read :

The journey for the scampi that ends up on dinner plates and in pub baskets across the country starts in traditional style - the catch being landed by inshore fishing boats in ports like Stornoway. From there it is taken by lorry to the Scottish border town of Annan, which is where things start to change.
In the past the scampi was shelled by machine in Scotland. Now it is taken first to Grangemouth and loaded into containers, which are in effect giant freezers.
They are shipped to Rotterdam before being loaded onto a huge container ship alongside around 7,000 other containers for the long haul to Bangkok.
The key part of the process takes place in Thailand, as the langoustine are peeled by hand .
The long journey home from Bangkok takes the frozen, peeled…

Chocolate Class War

Cadbury's announced this year that it would cut 7,800 jobs world wide and is currently fighting union resistance to factory closures in the UK .

However , billionaire corporate raider Nelson Peltz, who has been building a stake in the confectionery giant has been demanding that Cadbury Schweppes should return as much as £1.7 billion to shareholders after the spin-off of its US drinks business next year or face an attempted boardroom coup . He and his confederates dmand that by adopting more aggressive trading margin targets, Cadbury could push the value of its shares up to 970p and pay a special dividend of 80p per share – handing back £1.7bn in total – when the drinks business is spun off. The stock was up 15p to 623p yesterday. Cadbury's chief executive promised this year to raise the company's trading margins from about 10 per cent currently to a mid-teens percentage by 2011. Mr Peltz says the target should be closer to 20 per cent

The veteran financier made hundreds of m…