The battle to buy supermarket giant Morrisons will go to an auction process, the supermarket has confirmed.
The sale could replicate the Issa Brothers’ takeover of Asda, and will see the grocer exchange hands in the biggest shake-up since its acquisition of Safeway in 2004.
US private equity firm Clayton, Dubilier & Rice (CD&R) is vying with Fortress Investment Group, a vehicle backed by Japan’s Softbank conglomerate, for control of Britain’s fourth-biggest grocer.
The takeover panel today said on the basis that neither party has declared its offer final, a competitive situation continues to exist.
It said an auction procedure will take place on Saturday October 2, with a maximum of five rounds for the bidders to make their final offers.
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Morrisons
Morrisons then has up until the morning of October 5 to make a recommendation to shareholders from the final deals on the table, which the shareholders will vote on later that month on October 19.
Both sides have agreed all bids will be at a fixed cash price and cannot include stakes in other businesses or dividends to shareholders.
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If both sides are still bidding by the final round, Fortress must make its bid-per-share with an even number and CD&R with an odd number, to avoid the bids being the same.
The results will be published by Monday morning at the latest.
Earlier this month, Morrisons reported a 43% slump in half-year profits after COVID-19 costs took their toll and warned of price rises and product shortages amid current strains on supply chains.
UK News
Yorkshire Tea is Manchester’s ‘favourite’ brand of teabags, according to new data
Danny Jones
The Great British debate of which teabag is best is one that will rage on for millennia, that’s just the way it is, but according to new data, it sounds like we might at least have an answer to which brand makes for Manchester’s favourite brew.
It won’t be a surprise to many of you and we can certainly confirm it on our end but the one and only Yorkshire Tea looks to have taken the cuppa crown when it comes not only to Manchester’s preferred teabag but seemingly the best-loved in Britain as a whole.
This is according to numbers pulled by local firm, TonerGiant. The Atherton-based ink and toner suppliers decided a poll around the office wasn’t enough and instead chose to turn their knowledge of the market and consumer trends into a bit of online research.
At the end of the day, tea is has got to be the most important of all the office supplies, surely?
According to the stats, Yokrshire Tea is Manchester’s favourite brand of tea bags. (Credit: Yorkshire Tea)
Using data from trusted online source Statista, which nailed down the top 25 teabag brands in the UK, each make was then ranked in relation to its average monthly searches via Google Keyword Planner to reveal that Yorkshire Tea was clearly the top dog.
With roughly 390 searches per month in Manchester alone, compared to PG Tips as the next best (260), it seems us Mancs have to concede at least one thing to our fellow Northern county: Yorkshire makes a bloody good brew.
The Roses rivalry raged for centuries but if there’s one thing that brings us together, it’s a good cuppa.
In terms of other tea brands that came in high on the leaderboard, Pukka Tea (170), Twinings (140)and Teapigs (90) made up the rest of the top five most-searched tea brands in Greater Manchester. It’s also interesting to see how those figures looked when extrapolated nationwide. Here’s the full ranking:
Rank
Tea
Average UK monthly searches
1
Yorkshire Tea
27,100
2
PG Tips
18,100
3
Pukka Tea
14,800
4
Twinings
12,100
5
Teapigs
8,100
6
Whittards Tea
6,600
7
Tetley
4,400
8
Clipper Tea
4,400
9
Lipton Tea
3,600
10
Barrys Tea
3,600
11
Thompsons Tea
1,300
12
Typhoo
1,300
13
Taylors Tea
1,300
14
M&S Tea
1,300
15
Tesco Tea
1,000
16
Tick Tock Tea
880
17
Sainsbury’s Tea
720
18
Lyons Tea
720
19
Asda Tea
590
20
Aldi Tea
590
21
Waitrose Tea
590
22
Lidl Tea
480
23
Morrisons Tea
320
24
Bewleys Tea
90
25
Cafedirect Tea
40
Few of these on here we’ve never heard of. Taste test, anyone?
While Yorkshire Tea was found to be Manchester’s and the nation’s favourite, Belfast was the only UK city where Yorkshire Tea didn’t take the top spot. Instead, it was Irish-owned Barry’s Tea that came out as their favourite – we definitely need to hold a ‘brew-off’ between the two. The Hoot, you up for it?
As for supermarket’s own-brand offerings, out of the eight options on the list, Marks and Spencers teabags were found to be the most popular, closely followed by Tesco and then Sainsbury’s.
Commenting on the findings, TonerGiant’s Stuart Deavall said: “With so many office workers opting for tea to get through the day, it’s no surprise that the UK has a day dedicated to the drink.
“In light of National Tea Day on Sunday, 21 April, our new data shows that Yorkshire Tea is the nation’s favourite, with over 27,000 Brits searching every month… We can expect many Brits to be celebrating in style this Sunday, no doubt with a mug of Yorkshire tea in hand”. Speaking of, anyone fancy a brew?…
Featured Images — Yorkshire Tea/Rumman Amin (via Unsplash)
UK News
Family of 21-year-old Lewis Durham pay tribute to ‘fun-loving character’ tragically killed in traffic collision
Danny Jones
The family of 21-year-old Lewis Durham who was tragically killed in a traffic collision last week have paid tribute to the “fun-loving character” and young man who had “the world at his feet”.
Lewis Durham and two other people were involved in the crash on 13 April, which saw the young man and another male on the back of his bike collide with a car on Ormskirk Road in Wigan around 7:15pm.
Durham, from the town of Workington in West Cumbria, was sadly declared dead at the scene and his 56-year-old passenger, who was also thrown from the bike, unfortunately passed away from his injuries after being rushed to hospital.
The driver of the vehicle, a 41-year-old male, was arrested on suspicion of causing death by careless driving and causing serious injury following the incident. He has since been released on bail.
#TRIBUTE | The family of Lewis Durham have paid tribute to their ‘loving son, grandson, and little brother’.
Lewis Durham, aged 21, sadly died after a road traffic collision on Ormskirk Road in Wigan.
Writing in their emotional tribute via Greater Manchester Police, the Durham family wrote: “It is with great sadness that Lewis has been so tragically taken away from us. He sadly passed away in a road traffic accident in Wigan on Saturday 13th April.
“The youngest in our family with the world at his feet. He’s left a huge hole in our family, our hearts are absolutely broken. He was always a happy, fun-loving character, who had everything going for him in life, loved by everyone and had the best of friends. A loving son, grandson, and little brother.
“We’d like to thank the emergency services and people who assisted him at the scene who comforted him in maybe his last moments. We’ll cherish every memory we have of you, Lewis.
“We’re all beyond proud of you and will miss and love you forever. You’re now the brightest star in the sky Lewis. Love you forever and always Mam, Dad, Grandma, Granda, Nana, and your two big sisters.”
Our thoughts are with Lewis’ loved ones during this difficult time. A GoFundMe has now been set up by his best mate Leo McMullen to help “raise some money to give to charity and mark his memory”. It has already surpassed its £3k target, with over £11,000 raised across 600+ donations.
It’s been an emotional couple of weeks for the Wigan community also, as locals and the rugby league world at large united in mourning the loss of 21-year-old Gabriel Holt earlier this month.
The Manc -
29th September 2021 
