Safeways sues former bosses to get money from its D&O
Supermarket Safeway has taken High Court action against former chairman, David Webster and 10 other staff to recoup a price-fixing fine of up to £16.4m, the FT reports.
Safeway is now owned by Wm Morrison. It faces the fine for allegedly conspiring with other retailers illegally to set the prices of dairy products.
Patrick Boylan, a competition expert at law firm Simmons & Simmons, said the move was aimed primarily at the insurance held by directors and staff.
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The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
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