The United Kingdom's three biggest supermarket groups, which are battling to be viewed as the most environmentally friendly, are all searching for new directors of corporate social responsibility to lead their green crusades. The vacancies are the result of resig-nations at Sainsbury's and Asda and a decision by Tesco to recruit a new specialist to work with the grocer's government affairs director, who is responsible for improving Tesco's green credentials.
Oil giant Shell is fighting calls for a windfall tax after it recorded the biggest profits by a British company to date. The Â£9,4-billion earned in 2004 from oil and gas -- Â£1-million an hour and equal to nearly 1% of the United Kingdom's gross domestic product -- came after the prices of UK domestic gas, electricity and petrol soared. Banking group HSBC is predicted to match Shell's profits.
Manchester United this week sought to put an end to the bid speculation surrounding the club but City traders were not convinced and are continuing to bet on a takeover. American sports tycoon Malcolm Glazer, who owns more than 16% of the club, said that he had “no current intention to make an offer for Manchester United”.