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Business Live
Cranswick to invest extra £5m in Hull to boost cooked bacon plant
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Business
Business Live
Billionaire Selfridges owners launch auction for historic department store chain
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Business
Business Live
Millennial finance firm targeting revenue of £1bn within five years
Business
Evening Standard
Admiral Taverns snaps up Hawthorn and its 674 pubs from NewRiver in £222 million deal as sector heats up
Admiral Taverns is to snap up rival community pubco Hawthorn in a £222.3 million deal as pub firms vie for market share on reopening. Admiral has agreed to acquire Hawthorn and its 674 venues from FTSE 250 property firm, NewRiver, as it pursues a growth strategy. NewRiver entered the pub sector in December 2013 with …
Business
Sky News
Food industry’s ‘Chicken King’ warns of looming Xmas turkey crisis as ‘pingdemic’ and Brexit hit staffing
The food industry tycoon known as the “Chicken King” has told Sky News the so-called “pingdemic” staffing crisis is just a small part of unprecedented pressures on supplies, with food shortages already being felt.Ranjit Singh Boparan, whose interests include the 2 Sisters Food Group (2SFG) and a string of casual dining brands, used an interview …
Business
Sky News
Heathrow urges UK government to open border to fully vaccinated travellers from US and EU
Heathrow Airport has urged the government to reopen the UK economy to fully vaccinated travellers from the EU and US by the end of the month after revealing coronavirus crisis losses of almost £3bn to date.The company said expensive COVID testing requirements were hampering an effective reopening of the skies, while it also reported that …
Business
Sky News
Ryanair raises passenger forecast but first quarter loss deepens
Ryanair has raised its passenger forecast following a recovery in summer bookings but reported a sharper first quarter loss, saying the coronavirus crisis “wreaked havoc” on Easter demand.Europe’s largest airline by passenger numbers said it now expected to fly between 90 and 100 million people in its current financial year to the end of March …
Business
Sky News
More jobs could be made exempt from isolation as ministers meet over ‘pingdemic’ concerns
Senior ministers are set to discuss extending the rollout of daily COVD testing sites to ease the concerns of industry and frontline services by allowing further exemptions from isolation for critical workers.The COVID operations sub-committee of Cabinet will meet later to discuss if the number of jobs eligible for the testing regime should be widened. …
Business
Sky News
Digital bank Zopa hires JP Morgan to oversee £100m funding boost
Zopa, one of Britain’s biggest digital financial services providers, is in talks with investors about a £100m capital injection that will put it on course to become the country’s latest fintech ‘unicorn’.Sky News has learnt that Zopa has hired JP Morgan, the Wall Street investment bank, to advise on what is expected to be its …
Business
Sky News
Former cyber security chief raises alarm over sale of Welsh microchip manufacturer to Chinese-backed company
The UK’s former cyber security chief has raised the alarm over the sale of a Welsh microchip manufacturer to a Chinese-backed company.Ciaran Martin, the former chief executive of the National Cyber Security Centre (NCSC), said the purchase of Newport Wafer Fab by Nexperia, a Dutch subsidiary of the Chinese company Wingtech, poses a greater threat …
Business
Sky News
Taxpayers will be exposed to pandemic cost risks for decades, report says
Taxpayers will spend decades exposed to financial risks from the government’s coronavirus spending, according to a committee of MPs.Parliament’s public accounts committee (PAC) has produced two reports related to the crisis, the first of which warns that Britain will be exposed to “significant financial risks for decades to come”. The cost of government measures has …
Business
Sky News
Bridgepoint cooks up £500m Whopper with plot to sell Burger King UK
The newly listed owner of Burger King’s UK operations has begun drawing up plans for a sale of the business next year in a bet on an accelerated recovery of Britain’s pandemic-hit restaurant industry.Sky News has learnt that Bridgepoint Group is holding preliminary talks with investment banks about an auction of one of the country’s …

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