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09/09/2013
GSK Sell Lucozade And Ribena Brands
GlaxoSmithKline (GSK) has sold the Lucozade and Ribena brands to Suntory for £1.35bn.
It is understood that GSK took the decision to sell the soft drinks brands to the Japanese company, who already own Orangina Schweppes, in order to concentrate on their pharmaceuticals business.
A strategic review of the Lucozade and Ribena brands found that despite combined profits of £600m last year, the brands would grow better under different ownership.
(MH/JP)
It is understood that GSK took the decision to sell the soft drinks brands to the Japanese company, who already own Orangina Schweppes, in order to concentrate on their pharmaceuticals business.
A strategic review of the Lucozade and Ribena brands found that despite combined profits of £600m last year, the brands would grow better under different ownership.
(MH/JP)
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Union anger at health sector pay rises
Unions have reacted angrily to the government's announcement that pay for nurses and other healthcare professions has been pegged below inflation. Nurses and other health care professionals will get 2.5%, 1.5% in April and 1% in November. General dental practitioners will get 2% but there is nothing on offer for general medical practitioners.
Union anger at health sector pay rises
Unions have reacted angrily to the government's announcement that pay for nurses and other healthcare professions has been pegged below inflation. Nurses and other health care professionals will get 2.5%, 1.5% in April and 1% in November. General dental practitioners will get 2% but there is nothing on offer for general medical practitioners.
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