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Business Live
Welsh private sector output continues to expand says NatWest
Output in the Welsh private sector continued to expand in September, accordingly to latest data from NatWest. Its headline Wales business activity index – a seasonally adjusted index that measures the month-on-month change in the combined output of Wales manufacturing and service sectors – registered 57.1. Anything above 50 denotes expansion. The level was down …
Business
Sky News
Black Friday boost expected as anxious shoppers stock up early for Christmas
Black Friday shopping visits are expected to receive a boost this year as consumers worried about supply chain issues bring forward Christmas purchases, according to a forecast.Data company Springboard predicts that the week beginning 21 November will see the biggest bump in footfall, of 7.9% compared with the previous week, of the seasonal shopping period. …
Business
Sky News
ASOS shares plunge as supply chain strains darken sales and profit outlook
Online fashion retailer ASOS has warned profits could fall by as much as 40% as it counts the cost of supply chain strains and Brexit duties – and said it was parting company with its boss.Shares plunged as much as 15% in early trading as the group pencilled in slowing sales growth ahead, after benefiting …
Business
Sky News
‘Of course’ business secretary didn’t lie over Treasury talks on energy crisis support for firms, minister says
A minister has denied that the business secretary lied when he said there were talks ongoing in government about help for manufacturers and energy firms, as the department hit back at the Treasury amid a continuing war of words.Appearing on Sky News, Home Office minister Damian Hinds was asked if Kwasi Kwarteng had lied when …
Business
Sky News
Business Secretary requests Treasury support for industries hit by energy price hike
Kwasi Kwarteng has made a formal request to the Treasury for support to industries hit by high energy prices, Sky News understands.Sectors such as paper, steel and ceramics manufacturing had called for a price cap otherwise they said they may be forced to halt production, but talks with the government at the end of last …
Business
Sky News
Hundreds of jobs saved as Liberty Steel secures £50m cash injection
A £50m cash injection will enable Liberty Steel to restart production in Rotherham, saving hundreds of jobs.The investment is part of a wider restructuring of Liberty’s owner, GFG Alliance, also involving Liberty Primary Metals Australia. GFG was forced to seek new funding when its key lender, Greensill Capital, collapsed. Image: The Liberty Steel plant in …
Business
Sky News
BP-backed Pure Planet faces becoming latest casualty of energy crisis
A residential renewable energy supplier backed by BP is nearing collapse, joining the growing list of industry players which have found themselves unable to weather surging wholesale prices.A residential renewable energy supplier backed by BP is nearing collapse, joining the growing list of industry players which have found themselves unable to weather surging wholesale prices. …
Business
Business Live
Inside Lush: We took a tour of the cosmetics retailer’s UK HQ and this is what we discovered
If Willy Wonka owned a factory in Britain in 2021, it would probably be Lush’s Dorset HQ. From the outside, it would be easy to walk past the grey warehouse building on the typical-looking industrial estate in Poole. It is a dank, wet summer’s day when I step through the doors of the cosmetic company’s …
Business
Sky News
Energy price cap ‘will not be moved’ and business sec ‘convinced’ UK won’t suffer gas shortage
The price cap on consumers’ energy bills “will not be moved” this winter Business Secretary Kwasi Kwarteng has told Sky News – and he is “convinced” the UK will not suffer gas shortages in the coming months.Speaking to the Trevor Phillips On Sunday show, Mr Kwarteng said he was “convinced we will have full energy …
Business
Sky News
Business sec ‘convinced’ UK won’t suffer gas shortage, as Treasury rules out support for firms
The Business Secretary has said he is “convinced” the UK will not suffer gas shortages in the coming months – and insisted that a price cap on consumers’ energy bills “will not be moved” this winter.Speaking to the Trevor Phillips On Sunday show, Mr Kwarteng said he was “convinced we will have full energy supply” …
Business
Euro News
Explained: What is the new global minimum tax deal and what will it mean?
Business
Business Live
From debilitating illness to being named among UK’s top BAME entrepreneurs: The incredible story of Lee Chambers
A North West entrepreneur has described how he bounced back from a life-changing condition that took away his ability to walk. Lee Chambers’ sudden illness back in 2014 saw his immune system attack the connective tissue in his joints – meaning that within days, he had gone from playing team sports to lying in a …

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