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Belfast couple launch fitness business with Game of Thrones producer backing
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Business
Evening Standard
Premier Foods hails ‘strong’ sales and forecasts profits will hit top end of expectations
Oxo-owner Premier Foods appeared to shrug off concerns over rising raw material and ingredients costs on Friday as it forecast full-year profits to come in at the top end of expectations. The FTSE 250 firm, behind store-cupboard staples Mr Kipling and Ambrosia, smashed through sales targets in the 13 weeks to early July, with revenues …
Business
Sky News
UK economic rebound slows sharply as pingdemic takes toll
The UK’s economic bounce-back has slowed sharply partly thanks to the impact of the “pingdemic” causing workers to isolate, according to a key business survey.A “flash” estimate of private sector activity for July showed the weakest expansion since March as Britain’s firms battle to recover from the coronavirus crisis. The reading of 57.7 – where …
Business
Sky News
Self-isolation exemption for food supply chain staff won’t be extended to other businesses – minister
Emergency measures to exempt food supply chain workers from coronavirus self-isolation rules will not be extended to other businesses, the environment secretary has told Sky News.On excluding other sectors such as hospitality, George Eustice said he understood it was frustrating, but stressed the need to “dampen the pace and velocity” at which the COVID-19 infection …
Business
Sky News
Euro 2020 delivers boost for retail sales but clothes stores slip back
Football fans stocking up in supermarkets delivered a boost to the UK retail sector last month but fashion stores suffered a setback, official figures show.Retail sales volumes rose by 0.5% in June having dipped the month before, according to the Office for National Statistics (ONS). The biggest contribution to the increase came from food stores, …
Business
Business Weekly
DeepMind partners with EMBL-EBI in bid to revolutionise biology
Cambridge has made another major scientific advance which could herald a new era for biology on the scale of the Human Genome breakthrough. Just as the Human Genome discovery marked the beginning of a revolution in genomics, the AlphaFold Protein Structure Database – set to host millions of protein structures predicted using artificial intelligence – …
Business
Business Weekly
Mike Lynch challenge to Priti Patel: ‘I will fight any US extradition order’
Cambridge tech entrepreneur Dr Mike Lynch says he will fight on with a robust appeal if Home Secretary Priti Patel backs a court’s decision to extradite him to the US over fraud charges he vehemently denies. Michael Snow, district judge at Westminster Magistrates’ Court, today refused Dr Lynch’s attempt to block extradition to face 17 …
Business
Evening Standard
Focus: Will leisure take lead from retail in ‘changing of the guard’ on UK High Streets?
Even before they endured the Covid-19 pandemic and multiple lockdowns, high street brands were grappling with multiple headwinds, from soaring business rates to stiff (and less encumbered) online competition. They have also since seen property values decline. Over the past year retailers have won over millions of new online customers, many seemingly planning to stick …
Business
Sky News
‘No point’ sparing food suppliers from pingdemic when shop workers still absent says retailer
Business leaders have expressed dismay at being left out or left in the dark over plans to ease “pingdemic” pressure on key parts of the economy.A government list of 16 industries will excuse “critical” staff from having to self-isolate if “pinged” by the NHS COVID app – but several sectors have been left out and …
Business
Sky News
‘Summer of closures’ for hotels and restaurants left off ‘pingdemic’ exemption list
Hotels and restaurants face a summer of closures after their workers were not included in quarantine exemptions, the government has been told.Industry body UK Hospitality said the sector would have to work with one hand tied behind its back, while the Federation of Small Businesses (FSB) said the impact on the sector might threaten domestic …
Business
Sky News
Several high-profile websites including HSBC, Airbnb and British Airways hit by outages
The websites of several high-profile companies including HSBC, Airbnb and British Airways were hit by outages on Thursday.The incident is believed to be linked to Akamai Technologies, a content delivery network. A message on the BA website read: “Service Unavailable – DNS failure. The server is temporarily unable to service your request. Please try again …
Business
Sky News
Tech tycoon Lynch vows to fight US extradition in HP-Autonomy ‘fraud’ case
The founder of UK tech firm Autonomy has said he will fight extradition to the United States on fraud charges after a London court granted the move.Dr Mike Lynch, who sold the software company to Hewlett Packard (HP) for $11bn in 2011, is wanted to face trial in the US on allegations he artificially inflated …

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