George Weston’s legacy is in the news as his company, George Weston Limited, faces strategic reviews and market shifts in retail and food sectors.
ABF has announced plans to demerge Primark from its food operations by the end of 2027. The move aims to improve investor understanding and valuation of each business, amid challenging trading conditions and online competition. Both companies will join the FTSE 100, with Primark valued at around £9 billion.