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Sky News
Boris Johnson appoints ex-Tesco boss as ‘expert supply chain adviser’ to ease crisis
Boris Johnson has appointed the former boss of Tesco as an expert supply chain adviser as the government bids to avert a crisis for deliveries in the run-up to Christmas.Sir David Lewis, former chief executive of the supermarket giant, will assist both the prime minister and newly appointed Chancellor of the Duchy of Lancaster Stephen …
Business
Sky News
Virgin Atlantic hunts new chairman as London listing plan takes flight
Virgin Atlantic Airways has launched a search to replace its veteran chairman as it finalises plans for a stock market debut galvanised by the imminent resumption of its most profitable route.Sky News has learnt that Sir Richard Branson’s flagship company is working with advisers from the headhunting firm Korn Ferry to identify a slate of …
Business
Sky News
Who are the new owners of Newcastle United?
Newcastle United fans have responded with delight and human rights campaigners with dismay after a Saudi-backed consortium finally completed its takeover of the Tyneside club.The £300m deal, which ends the ill-fated 14-year tenure of Sports Direct boss Mike Ashley, will see Saudi Arabia‘s Public Investment Fund take an 80% stake, with the remainder held by …
Business
Sky News
Eight million Britons unable to buy essential food items in last fortnight, ONS survey suggests
Around one in six adults in Britain have been unable to buy essential food items in the last fortnight, representing up to eight million people – new figures indicate.Some 17% of adults said they had not been able to purchase such goods because they were not available, according to newly released data from the Office …
Business
Business Live
The panel that will decide the fate of future road projects in Wales
Members of a panel that will assess the Welsh Government’s future road investments set against its carbon emission reduction target, has been named. Consisting of climate change and transport specialists from across the UK, the roads review is being led by Dr Lynn Sloman, a transport consultant who previously been part of the Lord Burns …
Business
Business Live
Belfast pharma company Fusion Antibodies signs off on £1.3M deal with US biotech firm
Fusion Antibodies has signed a deal with a US biotechnology company worth a minimum of £1.3 million ($1.83M) over the next two years. The Belfast pharmaceutical research company said the contract will see it provide early-stage antibody discovery and engineering services to the unnamed partner. It will use its technology platform RAMP, which helps speed …
Business
Business Live
Unite Students warns over rental income for next academic year
The UK’s largest provider of student accommodation has warned a reduction in occupancy and rental income over the next academic year is expected to impact its future financial performance. Unite Students, which was founded and is headquartered in Bristol, provides homes for 73,000 students across 173 properties in 25 University towns and cities in the …
Business
Sky News
US firm among suitors for stricken Championship club Derby County
An American family investment firm is among a pack of suitors weighing bids to buy Derby County, the stricken Championship football club, out of insolvency.Sky News has learnt that Carlisle Capital, which was established by members of the Binnie family, the owners of a portfolio of media and industrial assets, is in talks with Derby …
Business
Sky News
Hackers could have stolen beer from BrewDog using bug that exposed details of 200,000 shareholders
Hackers could have stolen beer from the Scottish brewery and pub chain BrewDog due to a vulnerability that exposed details of more than 200,000 shareholders.The vulnerability in the company’s mobile app was discovered by security consultancy Pen Test Partners who said that details belonging to customers and “Equity for Punks” shareholders were accessible for over …
Business
Business Live
Boss of broadband provider Truespeed says Bath businesses can ‘take pride’ in pandemic achievements
The chief executive of internet service provider Truespeed has said the Bath business community can look back with “pride” at what it was able to achieve during a difficult period for the city. Truespeed is set to return as the headline sponsor of the Bath Business Awards 2021 on Wednesday, November 10, at Bath Pavillion. …
Business
Business Live
Asda to extend one-hour delivery service to nearly 100 stores
Asda will extend its one-hour express delivery service to 96 stores following a successful trial launched in the summer. The service gives customers access to Asda’s full online range of more than 30,000 grocery products for delivery within the hour if they live within a three-mile radius of a store in the scheme and order …
Business
Evening Standard
Travel and hotel shares jump as Covid holiday restrictions end
AROUND £500 million was added to the value of big airline stocks today as the UK eased entry rules for 47 countries that were subject to the tightest Covid-19 restrictions.That gives fresh hope to investors and managers that airlines will survive one of those most difficult periods in the industries history.Easyjet had to raise £1.2 …

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