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Sky News
World’s largest car manufacturers swerve climate commitment
Some of the world’s largest car manufacturers and vehicle producing nations will not sign a global deal to cut new car emissions by 2040, dealing a blow to one of Boris Johnson’s key ambitions for the COP26 summit.Volkswagen and Toyota, the world’s two largest manufacturers are among those that have declined to agree to the …
Business
Sky News
Break-up of symbol of US industrial power General Electric signals the end of an era
For decades, it has been a bellwether of US manufacturing, a company co-founded by Thomas Edison, the inventor of the light bulb, that exported high-quality American goods to every corner of the globe.It was among America’s biggest companies by stock market valuation for most of the post-war period, becoming the biggest for most of the …
Business
Evening Standard
Primark bounces back: Associated British Foods plans major US and European expansion and launches special divi
PRIMARK declared a return to form today after a tricky pandemic, with shareholders to enjoy a special divi and shoppers to see new stores springing up.The fast fashion house, which famously doesn’t sell on the internet, suffered as much as any retailer with critics increasingly questioning its business model.Today George Weston, CEO of parent ABF, …
Business
Sky News
Thousands of ‘lifeline’ phone boxes could be saved from closure under new Ofcom rules
Thousands of UK phone boxes could be protected from closure under plans announced by telecoms regulator Ofcom.It said that for people without a mobile or in areas with poor mobile coverage, payphones “can be a lifeline” for making calls to friends and family or contacting emergency services and helplines. Proposed new rules would mean a …
Business
Sky News
Tote raises stakes with £20m bet on discounted Betfred buyout
The Tote is asking shareholders to wager another £20m on its future growth as it formally severs ties to Betfred, the on-course betting group’s former owner.Sky News has learnt that The Tote is seeking to raise the funding through an equity issue that will be undertaken at a substantial premium to its last valuation. Sources …
Business
Business Live
Deal agreed to build 91 starter homes in Bristol
Property business MCR Homes has secured £18m of development finance to fund construction of 91 starter homes in Bristol. The Parkview housing scheme will be built on a brownfield site on Whitchurch Lane, four miles south of the city centre, within what was previously the Parkview university campus. Construction of the project will begin this …
Business
Business Live
Peel Ports Group commits to becoming net zero by 2040
Peel Ports, the group behind the likes of Liverpool2 and Manchester Ship Canal, has committed to becoming net zero by 2040. The Liverpool-headquartered port operator has unveiled a number of initiatives and investments to help drive a more sustainable agenda and reach the net zero milestone across all of its locations in the UK and …
Business
Business Live
First look at luxury triangular treehouses planned for County Durham hotel grounds
A County Durham hotel is expanding its accommodation by creating new luxury treehouses within its grounds. Ramside Hall Hotel, Golf and Spa near Durham has unveiled images of its four new triangular, glass fronted treehouses, which offer views across the 18th fairway of The Prince Bishop’s Golf Course. The new treehouses, which are on two …
Business
Sky News
Pfizer antiviral pill to treat COVID could be available ‘early in 2022’ if approved
An antiviral pill to treat COVID-19 should – subject to regulatory approval – be available early next year, the UK boss of Pfizer has told Sky News.The US drugs giant announced last week that the pill had been shown to cut the risk of hospitalisation or death from the virus by 89% and Britain has …
Business
Business Live
Gloucestershire firm invests more than £3m in four tech companies
A Gloucestershire-based investment firm has announced its backing of four early-stage tech firms in deals worth more than £3m. Blackfinch Ventures has completed its latest round of investments, which saw London-based business intelligence platform WatchMyCompetitor receive £1m. University of Manchester spin out Culture Shift, an online platform that is designed to identify and prevent harassment …
Business
Business Live
Food distribution firm fast tracking drivers through HGV tests to beat trucker shortage
A Welsh food distribution company is fast-tracking drivers through their HGV tests to beat delivery shortages caused by the pandemic and Brexit. Harlech Foodservice has seven drivers at their depots in Gwynedd and Chester on course to complete their HGV Class C tests this January. It will take their total number of Class C drivers …
Business
Evening Standard
Primark bounces back: Associated British Food plans major US and European expansion and announces special divi
PRIMARK declared a return to form today after a tricky pandemic, with shareholders to enjoy a special divi and shoppers to see new stores springing up.The fast fashion house, which famously doesn’t sell on the internet, suffered as much as any retailer with critics increasingly questioning its business model.Today George Weston, CEO of parent ABF, …

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