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Sky News
Hut Group founder Moulding to give up golden share in bid to restore City confidence
Matthew Moulding, the boss of the online beauty, nutrition and technology services group THG, is to surrender his golden share in the company in an attempt to restore the City’s confidence after a torrid fortnight.Sky News has learnt that the owner of The Hut Group, which floated just over a year ago, will announce next …
Business
Business Live
Tourism bosses hoping for economic boost after Newcastle United takeover
Excitement over the potential benefits of the Newcastle United takeover stretches far beyond the pitch and the fans heading to St James’ Park. The club is a major driver of the economy in the city centre, with home games affecting hotel occupancy and increasing the amount of money spent in shops, pubs and restaurants close …
Business
Business Live
Steel support vital in levelling up agenda as foundation industry could ‘make or break grand plans’
Steel could help make or break the government’s “post-Brexit passion for levelling-up”, business leaders in Scunthorpe have heard. While the foundation industry that lights up the town sits behind so much of the infrastructure that will help ‘build back better’ a stern warning over the impact the continuing energy crisis could have was also heeded. …
Business
Business Live
Department store chain Harvey Nichols to celebrate 25th anniversary of Leeds store
Department store chain Harvey Nichols has announced a week of celebrations to mark the 25th anniversary of its Leeds store. The luxury retailer, which had been a London-only company for more than a century-and-a-half, opened its store in Leeds’ Briggate in October 1996. The expansion led to the company opening another four department stores opening …
Business
Business Live
Eco-smart tech innovator Myenergi plugs into Australian market for heady mix of solar and EV growth
Eco-smart energy management equipment manufacturer Myenergi is expanding operations to Australia. The high-growth business, with flagship products focusing on maximising self consumption of renewable micro generation, has launched a new subsidiary in Greater Melbourne. It comes as the Stallingborough business embraces the rising popularity of electric vehicles, energy independence and ethical living. Read more: GBA …
Business
Business Live
Holyhead’s Brexit border checks: Where UK and Welsh governments are up to with new facilities
Brexit has meant the implementation of new border checks on EU goods entering the UK – including at Holyhead port. While the EU implemented its checks immediately following Brexit on January 1 the UK is phasing them in – partly due to the fact facilities were not ready. In Holyhead there will be two types …
Business
Sky News
Energy crisis, bereavement leave, and Ikea investment
There are calls for more energy companies to be regulated like banks, to prevent another crash. :: Listen and subscribe to The Ian King Business Podcast here.Ian also explores how employers are being urged to review their bereavement leave policy as part of this year’s Pregnancy and Infant Loss Remembrance Day.We also hear from the …
Business
Sky News
Path to net zero tougher without investment to capture and store carbon underground, watchdog warns
Britain’s path to net zero will be far harder and more onerous unless Whitehall invests significant sums in schemes to capture carbon and store it under the ground, the government’s climate watchdog has warned.Chris Stark, chief executive of the Committee on Climate Change (CCC), which advises the government on its climate policy, told Sky News …
Business
Evening Standard
Post-Brexit staff shortages: Business chiefs blast ‘ballet dancers but not builders list’ of key jobs
London business leaders have called for urgent reform of the Government’s “ballet dancers but not builders” list of key jobs that can be filled by lower paid foreign workers.The so-called “shortage occupation” list specifies 30 skilled roles for which workers are in desperately short supply after Brexit. Overseas candidates can apply for work visas to …
Business
Sky News
British Gas owner says energy bosses should face ‘fit and proper’ test as consumers face £2bn crisis bill
The head of British Gas owner Centrica has called for a “fit and proper” test for executives running energy firms after a series of insolvencies prompted by high gas price crisis that are set to leave consumers with a £2bn bill.Chris O’Shea, chief executive of the energy giant, called for changes to ensure that it …
Business
Sky News
Screeching U-turn over haulier rules ‘not going to make a massive difference’
If the trainee truckers the haulage industry so desperately needs could change direction as fast and frequently as government ministers they would sail through the HGV test.The latest U-turn, executed to address the supply chain crisis, comes from the Department for Transport, and even by the standards of recent weeks it is a screecher. To …
Business
Sky News
‘Big gap’ remains between UK and EU over NI Protocol – Frost
There is a “lot of work to do” and a “big gap” remains between the UK and EU over the Northern Ireland Protocol, the Brexit minister has said.Speaking as he arrived in Brussels for talks with his EU counterpart Maros Sefcovic, Lord Frost told reporters he was “looking forward to good discussions”. “There’s a lot …

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