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

The shops that stand out from the madding crowd

The judges met last week to sort out the winners in the independent categories of our 2018 Drinks Retailing Awards. The results are top secret until the awards dinner on February 6 but it’s giving nothing away to report that the overall standard of those that will be revealed in the shortlist of finalists in the January issue of DRN is higher than it’s ever been.

Click for more »
Upcoming events

Polls

Is blended Scotch overshadowed by single malt in retailers?

  • Yes
  • No
  • Don't know

Twitter