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SABMiller warns of further price rises

The brewer reported a 16% per cent rise in annual pre-tax profits as it raised prices to compensate for higher brewing costs, and warned that the cost of beer would continue to rise

Sony forecasts 20% rise in profits

Sony pledged to bring its troubled video game and television businesses into profit in the coming year and forecast a stronger than expected 20 per cent jump in annual earnings

Phones 4U faces Ofcom investigation

Watchdog to launch probe into complaints from the public about hidden charges, ‘unclaimable’ cashback offers and misrepresented tariff terms

Samsung unveils shake-up after scandal

Samsung Electronics unveiled a dramatic corporate shake-up after a slush fund scandal that resulted in the indictment of 10 executives

Compass plans further £400m share buy-back

The world’s largest contract caterer appeared to be heading in the right direction after reporting a 5 per cent rise in interim revenues on an organic basis and a 60 basis point increase in operating profit margin

Premier to relaunch Hovis

Premier Foods share rose in early trading following news that that sales had risen and it expected better progress going forward

M&S faces challenge of retaining exclusivity

The factory spat is further evidence that the retailer is planning more radical changes as part of a root and branch review of its food business

Northern Foods closes plant supplying M&S

Northern Foods has opened consultations with the 730 employees at its Fenland Foods factory in Grantham to close the site, which makes Italian-style ready meals for M&S

Top four brands are also the most hated

The marketing teams at Tesco, British Airways, Manchester United and The Sun have hit the highs and lows of a survey of their respective industry sectors

US electronics retailers become fashion victims

The rapid market saturation of new gadgets is just one of the factors undermining margins

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