The European Commission have just announced an agreement whereby English will be the official language of the EU, rather than German, which was the other possibility. As part of the negotiations, Her Majesty's government conceded that English spelling had some room for improvement and has accepted a five year phase in plan that would be known as "EuroEnglish".
In the first year, "s" will replace the soft "c". Sertainly, this will make the sivil servants jump for joy. The hard "c" will be dropped in favour of the "k". This should klear up konfusion and keyboards kan have 1 less letter.
There will be growing publik enthusiasm in the sekond year, when the troublesome "ph" will be replaced with the "f". This will make words like "fotograf" 20% shorter.
In the third year, publik akseptanse of the new spelling kan be expekted to reach the stage where more komplikated changes are possible. Governments will enkorage the removal of double letters, which have always ben a deterent to akurate speling. Also, al wil agre that the horible mes of the silent "e"s in the language is disgraseful, and they should go away.
By the 4th year, peopl wil be reseptiv to steps such as replasing "th" with "z" and "w" with "v".
During ze fifz year, ze unesesary "o" kan be dropd from vords kontaining "ou" and similar changes vud of kors be aplid to ozer kombinations of leters. After zis fifz year, ve vil hav a realy sensibl riten styl. Zer vil be no mor trubls or difikultis and evrivun vil find it ezi to understand each ozer
FMCG businesses need commercial leadership, with Hovis this means category champions, insights, promotional tools and great marketing. A guy who is MD and also supply director for hovis and the rest of PFD is clearly bonkers - it is a temporary strategy to pair it down for a sale (obvious when GD was denying it). People are eating much less white bread, the trend is towards new types of products that won't run on the big bread lines which are like inflexible super-tankers. All players have excess bread capability, not just Hovis. To survive Hovis needs to focus on leaving white bread and becoming a smaller, profitable, premium brown bread / speciality producer - hence need for restructure cash and investment.
I'm not sure I agree with dotnova on the state of Hovis and what he heard, The Rhm pension scheme was actually in surplus back in 2008 and will return (eventually), its the Premier Pension scheme that is the troublesome one.
If you take a look at the p&l of a bread business you'll see how much of a hit supply chain is to the bottom line, putting a supply chain expert in as MD is ideal, I noticed the supply chain director left Allied shortly after the business picked up co-op and its 3000+ stores (oops, did someone not do the maths on delivering to 3000 small and often remote stores)
Why would cost of redundancies be a problem, over capacity in the market has been removed so why would a new owner be looking to reduce the size of the business?
As for the sale yes GD would like to sell but its good to see he's not accepting the first offer and exploring every opportunities.
I hear that Bimbo baulked at the poor state of the bakeries, cost of redundancies and pension liabilities. Hovis lacks leadership - the 'MD' is the supply chain director Bob Spooner - two jobs! He has no commercial experience. Despite GD saying it was not for sale, it clearly has been for 18 months since Co-op pulled out. They need an investor badly - there does not look to be a plan B?
What happens if none of these companies go ahead? I assume they have to express an interest to be able to examine the books. If PFD can't sell Hovis to Bimbo, can't sell off half of it what is the next step?
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