The
brewing giant Scottish & Newcastle has announced it will axe 1,300 jobs as
it reorganises its UK business.
The
reorganisations within its UK business, which comprises Scottish Courage and
Scottish and Newcastle Retail, are aimed to boost competitiveness.
Scottish
and Newcastle Retail will sell 740 of its managed pubs, restaurants and lodge
hotels and lease out a further 180.
Under
the proposals S&N will reorganise all trade operations and systems
development programmes to boost efficiency.
Chairman
Brian Stewart blamed the job cuts on rising costs within the brewing industry.
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By
Richard Staines