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In the Sunday Times’ 'Inside the City' column, John Collingridge focuses this week on chemicals behemoth Johnson Matthey, noting that buying shares in the firm was once a “binary bet” on the future of the internal combustion engine.
Tesco is working on a secret plan for a new discount grocery chain to take on Aldi and Lidl, senior industry insiders have told The Sunday Times. Britain’s biggest supermarket is understood to be developing a separate brand that would match the German insurgents on price, and offer a far more limited range of products than the average Tesco store. - The Sunday Times.
