McVitie's shop floor roles redundant at their Manchester manufacturing facility. This redundancy announcement was also due to the modernisation agenda of the company and also involves a move from an 8-hour 5 day operation, to a 12-hour 7 day operation. In November 2014 United Biscuits, and hence also McVitie's, became owned by Turkish company Yildiz which in 2016 grouped some of its subsidiaries including United Biscuits as pladis (see United Biscuits). McVitie's McVitie's is a British snack food brand owned by United Biscuits. The name derives from the original Scottish biscuit maker, McVitie & Price, Ltd., established in 1830 on Rose
Bureau of Corporations be regulated by the Federal Water Power Act of 1920. The business, managerial, and financial practices of these early utility holding companies would proliferate, but remain largely unregulated until the Public Utility Holding Company Act of 1935. The Bureau also conducted studies of tobacco, steel, lumber and other industries. The Bureau became part of the new Federal Trade Commission in 1915. The new Commission took over both staff and ongoing investigations from the Bureau. Commissioner of Corporations, Joseph E. Davies, became the FTC's first Chairman and Davies' deputy Francis Walker became the chief economist of the FTC Bureau of Corporations