Fortune appears to be shining on hotels, pubs and brewing-giant Bass. The extended millennium celebrations are sure to have boosted income, while South African Breweries has also held talks over acquiring the brewing side of the business. Shareholders will debate the move – which could net Bass a tidy profit for the business valued at £1.8bn – when they meet later today. Sunday newspaper reports suggested that SAB, currently ranked as the third largest brewer in the world, was looking for a developed world beer business to stabilise its earnings from Africa and the developing world. Earlier this month SAB was reported to have been looking to break into the potentially lucrative UK beer market, possibly through a deal with Bass or Whitbread. Bass – which makes the UK’s biggest selling beer Carling – has reportedly been considering a disposal of its beer-making business to focus on operating pubs and hotels. SAB officials are now based in London following the transfer of the company’s primary listing on the London Stock Exchange.
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.
Kevin Reed discusses whether new accountancy group Cogital can rival the Big Four...and its likely direction of travel