xxxxxxxxxxxx

09 February, 2007

Scottish and Newcastle is taking consultancy firm Price Waterhouse Coopers to court, saying that PWC gave it advice designed to cut costs, which actually made the company spend more money. The brewer, which filed the claim last year, was advised on the restructuring of supply arrangements at its UK-based Scottish Courage subsidiary between 2001 and 2003. However, in February 2003, S&N blamed the restructuring, and ballooning associated costs, for a profits warning that led to a sharp fall in its share price. It is thought that S&N is claiming damages of £10 million.

Bookmark this


Site Search

COMMENT

How to win the World Cup

It will soon be time for the World Cup, which kicks off on June 14 when host nation Russia takes on Saudi Arabia. Even with over four weeks to go, we are already starting to see the retailers get behind the tournament with special packs, sticker albums, football merchandise and team kits in stores.

Click for more »
Upcoming events

Polls

Is blended Scotch overshadowed by single malt in retailers?

  • Yes
  • No
  • Don't know

Facebook

Twitter