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Evening Standard
‘We’ve got a problem with Sauvignon blanc’: Supply-chain crisis hits menus
Casino owner Rank Group and historic brewer Adnams have become the latest big names to issue warnings over distribution issues and the so-called “pingdemic”. Workers being “pinged” into self-isolation – a rule ended this week for the double jabbed – an ongoing staffing crisis and Brexit-fuelled driver shortages in the delivery sector are all hitting …
Business
Business Live
Government orders national security investigation into £2.6bn Cobham-Ultra Electronics deal
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Business
Evening Standard
FTSE 100 takes a tumble as investors fret about US policy and fresh Covid outbreaks
LONDON share prices tumbled today as traders fretted about Afghanistan, a fresh spread of Covid-19 and strong words last night from the US Federal Reserve.The ultra-powerful US central bank made it clear it is getting closer to tapering support for the US economy, a sign that it is believes the worst of the crisis is …
Business
Sky News
Parents being ‘misled’ by yoghurt packaging – with one revealed to have same sugar as 16 biscuits
Only one in 20 yoghurts aimed at children are low in sugar, researchers have said, as they urged the government to impose restrictions on kid-friendly packaging and the nutritional claims they make.Action on Sugar, based at Queen Mary University of London, found Nestle Rolo Mix-in Toffee yoghurt had the highest level of sugar, with five …
Business
Business Live
RVA Surveyors to triple workforce as firm creates 100 new jobs
Business
Business Live
SPONSORED: Some of the inspirational not-for-profit organisations supporting Derbyshire
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Business
Sky News
Global markets slide amid signs Fed to ‘taper’ emergency stimulus despite Delta concerns
Stock markets have fallen sharply after signs that the US Federal Reserve could start pulling away emergency support for the world’s biggest economy later this year.In London, the FTSE 100 was down by more than 170 points – or over 2% – after the publication of minutes of the Fed’s latest policy meeting on Wednesday …
Business
Sky News
Leading cleaning products maker becomes latest company to count cost of supply shortages
A leading cleaning products maker has warned of a profits slump as it counts the cost of higher raw material costs and HGV driver shortages.UK-based McBride, which makes own-label goods from detergents to dishwasher tablets on behalf of retailers, said it was starting to see “distribution challenges” – particularly in the UK and Germany. Shares …
Business
Business Weekly
Eliem Therapeutics’ NASDAQ IPO raises $92 million
Less than six months after emerging from stealth, Cambridge UK and Seattle-based BioMedTech business Eliem Therapeutics, Inc has raised $92 million through an oversubscribed NASDAQ IPO. The jet-heeled company only last month filed for an $80m New York bow so has rocketed past its target; then it has a track record in its short but …
Business
Business Weekly
New sound technology from AudioTelligence silences interlopers
Cambridge audio software specialist AudioTelligence has launched a range of products that could spell the end of videoconferencing interruptions for people working from home in busy households. The company has unveiled Aiso, a new consumer technology brand and a family of innovative products for smartphones based on its proven audio technology. The revolutionary approach means, …
Business
Business Weekly
Illumina wraps up GRAIL deal despite EC stalemate
Cambridge and US DNA sequencing power player Illumina has tied up the $8 billion cash and stock acquisition of GRAIL despite lacking clearance from the European Commission. GRAIL is a healthcare company focused on life-saving early detection of multiple cancers; Illumina says it will hold GRAIL as a separate company during the European Commission’s ongoing …
Business
Sky News
AstraZeneca’s CEO is the highest paid executive in the FTSE 100
AstraZeneca’s CEO was the highest paid executive in the FTSE 100 in 2020, earning £15.45 million for his part in delivering a coronavirus vaccine that has been administered tens of millions of times already this year.New analysis by the High Pay Centre think tank shows that the median FTSE 100 CEO was paid £2.69m in 2020, 86 times the …

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