The Latest Breaking News from Galen Weston

UK borrowing costs hit new highs as City traders brace for Burnham, and pound heads for worst week since 2024 – as it happened

UK 10-year government bond yields have hit their highest since 2008

The Guardian - UK · May 15

Canada’s new Grocery Code of Conduct is here, but don’t expect any instant price drops

Canada’s Grocery Code of Conduct came into full effect as of Jan. 1, 2026. Governed by an independent organization, the code sets out guidelines for dealings between retailers and suppliers.

The Conversation · Jan 26

Who are the 10 richest people in London? Landlords, gamers, and steel tycoons make the list

Gopi Hinduja and his family tops the list for the fourth year in a row.

Evening Standard · May 16, 2025

Chief of top Canadian grocery chain gets $1.2m raise amid criticism over prices

Raise brings Galen Weston of Loblaw Companies’ pay to $11.79m last year amid outcry for raising prices during record inflation

The Guardian - US · Apr 5, 2023

Loblaw’s PR response to consumer criticism shows it prioritizes profit over people

Loblaw Companies made headlines in October 2022 for freezing the prices on one of its in-store brands in the face of record food inflation. When the promotion finally ended on Jan. 31, consumers responded negatively to the announcement.

The Conversation · Feb 22, 2023