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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. …
13.10.2021 - 05:55
Business
Sky News
Restaurants, bars and festivals helped economy pick up in August after COVID-19 rules eased
UK economic growth picked up in August as bars, restaurants and festivals benefited from a first full month without COVID restrictions in England, official figures show.Gross domestic product (GDP) increased by 0.4% month-on-month, according to the Office for National Statistics (ONS) – slightly below experts’ average forecast of 0.5% growth. However the report also pointed …
12.10.2021 - 18:03
Business
Sky News
‘Almost 10,000’ pubs, clubs and restaurants call time permanently during pandemic
There are almost 10,000 fewer licensed premises across Britain since the start of the coronavirus pandemic – with a rush of closures taking place since the summer despite a reopening of the economy, according to a report.The latest market recovery monitor from industry consultants CGA and business advisory firm AlixPartners said the sector, including bars, …
12.10.2021 - 16:20
Business
Sky News
Energy watchdog Ofgem braced for fresh wave of supplier collapses
Ofgem, the energy regulator, is braced for a fresh wave of supplier collapses this week as the crisis engulfing the industry continues to accelerate.Sky News understands that at least four suppliers were in talks with Ofgem on Tuesday about entering its Supplier of Last Resort (SOLR) system in a development expected to add several hundred …
12.10.2021 - 15:51
Business
Euro News
Snoop Dogg’s company makes first investment in Europe in cannabis start-up
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