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Marshall acquires 48 franchises in £64.5m cash swoop
Marshall Motor Holdings in Cambridge, one of the UK’s leading automotive retail groups, has acquired Motorline Holdings for £64.5 million cash, adding 48 franchises to the quoted group. MMH has separately acquired a related freehold property for £2.9m and has the option to acquire two additional strategic freehold properties for £24.9m. Motorline is a leading …
Business
Sky News
Government set to allow more foreign butchers in to prevent mass cull of pigs
The government is expected to back down today in a row over visas for foreign butchers to prevent a mass cull of British pigs.A shortage of butchers at industrial slaughterhouses has left farmers with too many pigs on their farms, leading to warnings that 10,000 pigs a week could have to be destroyed. It is …
Business
Sky News
From Poundland to pizzas – latest firms reveal supply chain and labour shortage pressures
The owner of Poundland has become the latest to warn of the impact of supply chain pressures as a slew of firms revealed how the crisis is taking its toll.Pepco said the bounce-back in global demand after lockdowns had seen raw material prices surge while constrained freight capacity had “significantly increased” shipping costs recently. The …
Business
Sky News
Era of feeding a family of four with a £3 chicken coming to an end, says poultry boss
The head of Britain’s biggest poultry firm has said food is “too cheap” and prices could jump by more than 10% as the sector faces surging costs.Ranjit Boparan, founder of 2 Sisters Food Group, warned that UK shoppers faced a “great food reset” and that the days of buying a chicken for £3 were coming …
Business
Evening Standard
Energy suppliers Pure Planet and Colorado Energy latest firms to collapse as prices soar
Two more UK energy suppliers have collapsed due to rocketing global wholesale energy prices.Pure Planet and Colorado Energy who have a combined 250,000 UK customers, have become the latest failures after nine small energy supplies went bust from the start of September.Energy watchdog Ofgem has said it will protect the customers’ supply of energy and …
Business
Sky News
EU offers to cut 80% of GB-Northern Ireland checks on some goods to end ‘sausage war’
The EU has offered to cut 80% of checks on some goods moving from Great Britain to Northern Ireland in an effort to avoid a post-Brexit trade clash.It has drawn up plans designed to ease the flow of items across the Irish Sea, including chilled meats, to put an end to the so-called “sausage war”. …
Business
Sky News
Energy crisis: More suppliers go up in smoke after surge in wholesale costs
The demise of two more energy companies has been confirmed as the surge in wholesale gas costs this year drives up bills for providers and households alike.Sky News had revealed on Tuesday that up to four suppliers were in talks with the regulator about entering its Supplier of Last Resort (SOLR) mechanism. Pure Planet and …
Business
Sky News
Why The Hut Group looks set to remain in the doghouse with some investors
The flotation of The Hut Group – now rechristened THG – in September last year was the biggest of 2020 on the London Stock Exchange.At the time, it spurred a great deal of optimism, coming as it did in the middle of a period in which the UK was grappling with COVID-19. It also raised …
Business
Business Live
Teesside recycling firm Scott Bros to invest £4m into country’s biggest ‘urban quarry’
North East recycling company Scott Bros has announced plans to invest more than £4m in the country’s largest ‘urban quarry’. The recycling business, which marks 50 years of trading next year, said the investment will allow it to convert more construction and excavation waste into sustainably-produced sand and aggregate. Its current wash plant handles up …
Business
Business Live
From Aberdeen to running one of Wales’ biggest financial services firms Principality
First female chief executive of the Principality Building Society Julie-Ann Haines believes the mutual model, once viewed as increasingly irrelevant in the dash to demutalisation, has never been more in vogue. It comes as the Principality, which is the UK’s sixth-biggest mutual with assets of £11bn and dates back to 1860, has committed to playing …
Business
Business Live
Most UK firms worried about skills shortages, survey shows – as number of job vacancies hits another high
Almost two-thirds of UK firms say they are worried about a shortage of skilled applicants for jobs, new research has shown. The polling from global learning and education giant comes as the number of vacancies in the UK hit another high in September. The Office for National Statistics (ONS) said the number of payrolled workers …
Business
Business Live
Green light for £300m Blackpool Central scheme which could create 1,000 jobs
A £300m scheme to create a new world-class, year-round leisure destination at the former Blackpool Central railway station has been given the green light. The project will be the largest single investment in Blackpool for over a century and is expected to create around 1,000 jobs, bring an estimated 600,000 additional visitors each year, and …

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