Not a good idea

report emphasised.

BUSINESS EXTRA Scam amends

“A public supermarket would contribute nothing in a sector that is enormously complex,” Bonmati said, speaking in Madrid on May 9. “Many links are involved and it must be taken into account this is a sector with a great deal of competition.

BANK customers refused scam refunds are receiving sizeable payouts after referring cases to the Financial Ombudsman Service (FOS).

cent in March, and Belarra’s latest outburst had irritated the sector, Bonmatí explained, as prices had risen owing to higher costs and their profit margins had suffered.

Government figures submitted to the European

THREE water company chiefs have rejected their bonuses this year.

Nicola Shaw (Yorkshire Water), Sarah Bentley (Thames Water) and Susan Davy (South West Water) have all recognised the public’s anger over the amount of dumped sewage that has reached Britain’s rivers and coastal waters. She understood the “strength of feeling,” Nicola Shaw said on announc ing that she would not accept her first bonus since joining the com pany in May last year. This would have been between £600,000 (€691,671) and £800,000 (€922,072) based on Yorkshire Water’s annual accounts.

“It just did not feel like the right thing to take performance­related pay this

Grifols change

BARCELONA­based pharmaceutical company Grifols announced executive chairman Thomas Glanzmann as its new chief executive.

The founding family’s move arrived at a difficult time for the multinational group, which manufactures medicines using blood plasma, but was badly hit during the pandemic due to shortages in supplies.

Glanzmann, who served on the board as vice­chairman since 2017, was named chairman in February after Steven F Mayer’s resignation as Grifols’ executive chairman on “health and personal” grounds.

The former co­CEOs from the Grifols family will remain on the board, but in new roles.

commission have demonstrated that 95 per cent of Spain’s food inflation was the result of the higher price of imported raw materials in 2022.

The steep rise was not due to internal problems in the food supply chain, the

The AECOC chief also maintained that there were “all kinds of commercial offers” in Spain and that the consumer had an “enormous capacity” to choose.

“I can’t see that this proposal would contribute much of value, not when there are so many operators who offer affordable products,” Bonmatí concluded.