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14.10.2021 - 06:17
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 …
13.10.2021 - 20:00
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 …
13.10.2021 - 13:52
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”. …
13.10.2021 - 11:51
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 …
13.10.2021 - 11:13
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 …
13.10.2021 - 10:21
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 …
13.10.2021 - 10:17
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 …
13.10.2021 - 10:00
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 …
13.10.2021 - 09:56
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 …
13.10.2021 - 08:51
Business
Business Live
Demand for new homes remains strong, despite increasing cost pressures, says boss of Britain’s biggest housebuilder
Britain’s biggest housebuilder says demand for new homes remains strong, despite fears of increasing cost pressures. The boss of Leicestershire-based Barratt Developments said the business has seen “strong and sustained” sales in the three-and-a-half months since July 1. It comes on the back of results for the previous 12 months showing the group built more …
13.10.2021 - 06:32
Business
Sky News
British Gas owner cites ‘unprecedented’ price environment as it puts back investor event
British Gas owner Centrica has postponed a key investor event due next month citing the “unprecedented commodity price environment”.The FTSE 250 energy group had been due to hold a capital markets day – an event when managers can meet shareholders and analysts and set out strategy – on 16 November. Its postponement comes as the …
13.10.2021 - 06:23
Business
Sky News
Backlog at UK’s biggest port ‘improving’ – but shoppers urged to ‘think ahead’ for Christmas
The situation at the UK’s largest commercial port is “improving” and Britons should shop normally for Christmas, a minister has told Sky News.Oliver Dowden’s comments to Kay Burley come after a major global shipping company decided to divert vessels away from Felixstowe, blaming a backlog of containers at UK ports, to unload elsewhere in Europe. …
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