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‘Recovery comes with a cost’: Chancellor defends tax rises and stresses ‘need to fix public finances’
Rishi Sunak has defended tax rises and stressed the need to “fix” the nation’s finances as the economy emerges from the COVID-19 pandemic, declaring: “Our recovery comes with a cost.”Speaking at the Conservative Party conference in Manchester, the chancellor sought to emphasise that the party remains committed to fiscal responsibility, despite unprecedented government borrowing amid …
Business
Business Live
Issa brother’s petrol station giant EG Group acquires UK’s second-largest bakery business Cooplands
Business
Evening Standard
London’s Bezos-backed logistics start-up Beacon raises £37m to fuel expansion as supply chains falter
A London-based logistics start-up backed by Amazon founder Jeff Bezos has raised £37 million to fuel expansion as global supply chains falter.Beacon launched in 2018 and uses AI and cloud-based technology to help companies make their international supply chains more efficient. It counted Bezos among participants in the Series B funding round, led by established …
Business
Sky News
Pharmacies managing stocks as medicines are hit by UK’s delivery woes
A pharmacy industry body has warned of delivery delays for medicines in some parts of the country but says it is managing the supply situation to ensure no disruption to patients and customers.The Association of Independent Multiple Pharmacies (AIMp) said a combination of the fuel delivery squeeze and wider delivery driver shortage were to blame …
Business
Business Live
Manchester Metrolink tram strike back on as pay row continues
Business
Business Live
Medivet Group to build North East presence after Washington acquisition
Sign up to FREE email alerts from BusinessLive – North East – a direct briefing of the latest headlines to start the dayInvalid EmailSomething went wrong, please try again later.SubscribeWe use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and …
Business
Business Live
GEFCO creates 140 Liverpool jobs as it opens huge new logistics centre
Business
Evening Standard
French Connection sold in £29m deal after years of losses
FRENCH Connection, the storied UK fashion house that briefly captured the nations hearts, was sold today in a £29 million deal.That is far less than the business was once worth when its controversial FCUK logos were seen everywhere.Founder Stephen Marks has been looking for a sale for sometime in the face of declining revenues, a …
Business
Business Live
EKM acquired by Clearcourse in ‘significant expansion’ of group’s e-commerce and retail offering
Business
Evening Standard
Clean and green: the water free car wash from Dropless
Have you ever considered how bad washing your car is for the environment?Me neither, until just now.The business making me think about it is called Dropless, which wants to wash your vehicle without using any water. At all.It’s dry cleaning for your car, and they come to you to do it (you book via an …
Business
Sky News
Ovo to table bid for Bulb amid scramble over struggling energy suppliers
Ovo Energy will this week table a takeover offer for rival Bulb in a bid to create the second-largest supplier in Britain’s crisis-hit energy market.Sky News has learnt that Ovo, which joined the ranks of the market’s biggest players when it completed the takeover of SSE’s retail customer base nearly two years ago, is assembling …
Business
Evening Standard
FinnCap revenues surge as City enjoys lockdown boom
FINNCAP, the tech and life sciences small cap broker, gave the latest evidence today that the City flourished during lockdown.Bankers made hay during Covid, raising money for clients and in many cases bringing them to market.FinnCap, led by Sam Smith, said today that half-year revenue was up 55% to £32 million. For the full year, …

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