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Business Live
Historic firm Cleveland Bridge on brink of collapse with debts of £21m
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Business
Evening Standard
Inflation jumps to 9 year high as food and petrol costs soar
There are rising fears in the City that the Bank of England has lost control of inflation, as it rocketed to the highest for nine years.As food and petrol prices soared it hit 3.2% for August, up from 2% in July, a “breath-taking” jump.While the Bank of England insists this is temporary, the pace and …
Business
Sky News
Is inflation spike a blip – or could consumers be facing a ‘nasty surprise’?
There are lots of reasons to be startled by the latest inflation figures.The consumer price index, which measures the cost of a typical “shopping basket” of goods and services, jumped from 2% in July to 3.2% in August. Not only does this put it at the highest level in nearly a decade, the month-on-month change …
Business
Sky News
Health secretary reveals possible plan B triggers after experts warn COVID hospital admissions may soar
The health secretary says A&E pressures and a rising number of COVID patients could trigger the government’s “plan B” for the winter – as experts warned hospital admissions could reach 7,000 a day.Sajid Javid added that a new variant of concern would not necessarily be a trigger as he refused to rule out a lockdown. …
Business
Sky News
Rise in food and transport costs sends inflation soaring to highest increase on record
Inflation rose to 3.2% last month from 2% in July – its largest ever recorded increase – the Office for National Statistics (ONS) said.The consumer prices index (CPI) measure of inflation for August was the highest since March 2012 – though the ONS said much of the effect was likely to be temporary. That was …
Business
Evening Standard
Hybrid working boosts Made.com as Europeans order nearly 20,000 home desks
Online furniture designer Made.com saw the number of customers ordering desks surge in the first half of 2021 as Europeans set up home offices for the hybrid-working future.The company, which is based in the UK and operates across eight European countries, has seen sales surge since Covid hit as people sought to spruce up their …
Business
Sky News
Two more household suppliers fail as wholesale energy prices hit new record levels
The energy watchdog has moved to reassure customers of two failed household suppliers as wholesale prices hit record levels, threatening a leap in bills in and after the winter months ahead.Ofgem said the demise of Utility Point – first reported by Sky News – and People’s Energy meant their respective customer bases, totalling more than …
Business
Sky News
Face masks, vaccine passports, and ‘last resort’ lockdowns in COVID ‘plan B’ for winter
Lockdowns, mandatory face masks, vaccine certificates, and work from home orders could return this winter as part of a “plan B” to deal with the pandemic, the health secretary has announced.Sajid Javid said if the data shows the NHS is likely to come under “unsustainable pressure” from the COVID-19 pandemic again, the government has prepared …
Business
Sky News
Face masks, vaccine passports, and work from home in COVID ‘plan B’ for winter
Mandatory face masks, vaccine certificates, and work from home orders could return this winter as part of a “plan B” to deal with the pandemic, the health secretary has announced.Sajid Javid said if the data shows the NHS is likely to come under “unsustainable pressure” from the COVID-19 pandemic again, the government has prepared a …
Business
Sky News
Bain Capital bakes £200m deal to take control of bakery chain Gail’s
One of the world’s biggest buyout firms is swallowing Gail’s, the upmarket café chain, in a bet on the continued recovery of the UK’s post-pandemic economy.Sky News has learnt that Bain Capital has struck a deal to buy Gail’s parent company, Bread Holdings, for more than £200m. The sale is expected to see Luke Johnson, …
Business
Business Live
Gloucestershire engineering business acquired by construction arm of London’s RDCP Group
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Business
Sky News
Vacancies are at a record high: Which sectors have the biggest gaps to fill?
Job vacancies in the UK have surged over the summer to an all-time high of over one million – and all industry sectors saw an increase, according to the Office for National Statistics (ONS).But which sectors have the biggest gaps? The ONS measures how many vacancies each had for every 100 employee jobs in the …

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