Berry Bros and Rudd launches redundancy consultation over 30 roles

4 days ago · Wine and spirit merchant Berry Bros and Rudd has launched redundancy talks over 30 roles in light of “challenging” market conditions” and “significant cost pressures”. Britain’s …

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4 days ago · Berry Bros & Rudd is to make up to 7.5% of its workforce redundant in response to “extremely challenging global market conditions”. The specialist wine and spirits merchant said …

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FAQs about Berry Bros and Rudd launches redundancy consultation over 30 roles Coupon?

Why is Berry Bros & Rudd cutting jobs?

Berry Bros & Rudd, the King’s wine merchant, is to cut dozens of jobs as it battles falling sales and rising costs following the Chancellor’s Budget. The retailer warned it was facing “extremely challenging global market conditions” as it entered into a redundancy consultation with 30 of its 400 workers. ...

Why is Berry Bros & Rudd blaming for a round of redundancies?

Read our privacy notice. The King’s wine supplier Berry Bros. & Rudd has blamed the rise in National Insurance rates and “extremely challenging” trading for a round of redundancies. ...

Is Berry Bros facing a redundancy crisis?

The retailer warned it was facing “extremely challenging global market conditions” as it entered into a redundancy consultation with 30 of its 400 workers. Berry Bros, which was founded in 1698, has supplied the Royal household since the mid 1700s. It was granted its first official Royal Warrant in the early 1900s. ...

How will Berry Bros & Rudd restructure?

It is understood that the consultation will affect roles across all departments. This is the first major restructure by the company since 2016, when Berry Bros. & Rudd shook up its business in Asia and the UK. Latest results from the company covering the 12 months to 31 March 2024 show sales falling 3.3% to £246 million. ...

Who is Berry Bros & Rudd?

Far from being solely concerned with bottom lines, Berry Bros. & Rudd is a merchant of experiences, stories and memories. Over the course of two special lunches, Alexandra Gray de Walden sits down with some of these family members, delving into half a century’s worth of stories and discussing their hopes for the future. ...

What happened to Berry Bros & Rudd?

It comes after latest accounts for Berry Bros & Rudd showed it was hit by a 77pc fall in operating profits to £3.4m in the year to April, compared with a year earlier. This was accompanied by a 7.8pc reduction in turnover to £245m. ...