The trustees of the Alliance Boots pension scheme believe the private equity bidders planning to take over the company are willing to wage a “war of attrition” in an attempt to pay as little as possible into the company’s pension funds.
Category: Domestic Appliance News
Domestic Appliance News
All the latest general news from the domestic appliance industry that we find all over the world, and stories that are of interest to the trade and public, often with our own unique non-politically correct spin on it.
We cover almost anything interesting to do with appliances or that affects the industry, including new product releases, scandals, recalls, mergers, takeovers and all the other juicy appliance news from around the world.
If you have a story to share, please let us know or contact us on admin@ukwhitegoods.co.uk or contact Kenneth here
National post strike looms after union rejects final pay offer
The threat of the first national postal strike for over a decade drew closer last night as the union representing 130,000 Royal Mail workers threw out management’s final pay offer and opted to ballot members.
HI Way Express Home Delivery
HI Group plc has set up a new home delivery service, fulfilling its aim to become a one-stop solution for both the B2B and B2C markets in the UK. HI Group, which already offers a storage and distribution service to manufacturers and retailers through its related company, HI Way Express, believes …
Arnie sues US government over washing machines
The New Scientist has reported that California has filed a lawsuit against the US Department of Energy for failing to allow the state to make its domestic washing machines more water-efficient. In 2004, California approved rules imposing water efficiency standards for domestic washing machines th…
F&P moves washing machines off shore
Fisher and Paykel is to slash 350 jobs in Auckland by moving its washing machine and clothes dryer manufacturing to Thailand. The company announced the move on Thursday afternoon, saying it would save between $15 and $20 million a year through cheaper wages and other savings.
Fridge magnet ‘could monitor energy usage’
A new device has been unveiled which could provide homeowners with a convenient way of monitoring how much energy they are using – and how much it is costing.
Siemens faces formal US inquiry
American law enforcement authorities have begun a formal investigation into corruption allegations at the troubled German engineering company Siemens, adding to inquiries already under way by prosecutors in five European countries.
Bosch warns on soaring euro
Bosch, the German engineering group, warned today that the soaring euro would damage sales growth this year, knocking up to €700m (£475m) off its revenues and hitting earnings
Combination appliances ‘save space’
If living in a small apartment means every spare bit of space counts, then a new range of kitchen gadgets could be just the thing. LG Electronics has unveiled two microwave combination appliances, which merge the oven device with either a coffee brewer or a toaster.
Eight leading British firms launch campaign to help shoppers cut carbon emission
Eight of Britain’s leading companies yesterday launched a campaign to help shoppers cut carbon dioxide emissions. The move is designed to encourage families to reduce household emissions by one tonne – or 10% – over the next three years.