Cider flat despite ad spend

Article Abstract:

United Kingdom cider consumption dropped by nearly 3% in 1996 despite an increase in investment in advertising. Bulmer is increasing advertising spending to 8 million pounds sterling for the 1998 FY, up from 4.7 million pounds, while Matthew Cark has increased spending fourfold to 9 million pounds. The cider industry's advertising spending is forecast at 17 million pounds for 1997 compared to 6 million pounds for 1996, while UK brewers are spending some 115 million pounds in 1997 compared to 105 million pouds in 1996.

FOOD AND KINDRED PRODUCTS, Cider, All Other Food Manufacturing, United Kingdom, Advertising expenditures

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Reality bites bosses' pay: the discredited pay policies of the privatised utilities could signal the end of the gravy train for UK plc

Article Abstract:

There is continued emphasis on the pay of the privatised utility bosses and a study shows that the top director's pay at Amersham, the drugs group, has nearly quadrupled since its privatisation in February 1982. However the 660,000 pounds sterling plus salary of BT chairman Sir Iain Vallance is unlikely to increase much as it is on a par with comparable directors. John Hoerner, chief executive of Burtons believes that companies should pay the global going rate.

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Ride that gravy train: while the Greenbury committee sits in judgement on excess in the UK's boardrooms, directors continue to ride the gravy train happily

Article Abstract:

Some companies are reducing the length of directors' contracts, including Reed, PowerGen and Prudential Assurance, although many companies, including Manweb, the regional electricity company, are still offering lengthy rolling contracts. The Greenbury committee which making investigations into top peoples pay, could recommend rolling contracts of nor more than one year.

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