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Sky News
Reopening of indoor hospitality fails to boost footfall
The reopening of indoor hospitality last month failed to boost footfall in town centres, according to the latest figures.Footfall strengthened after non-essential retail opened in April but the numbers were disappointing after restaurants, pubs and cafes were allowed to open indoors in England from 17 May. The gap between footfall in May 2021 and the …
Business
Sky News
Group linked to Russia is behind hacking of world’s largest meatpacking company – report
A group linked to Russia is behind the hacking of the world’s largest meatpacking company, according to a report.JBS employees returned to work on Wednesday, a day after operations in North America and Australia were hit by the ransomware attack. The Brazilian company said it had made “significant progress in resolving the cyberattack”, with the …
Business
Sky News
Ryanair boss hits out over COVID ‘scariants’ and calls for travel to EU and US to open up
Michael O’Leary, the outspoken chief executive of Ryanair, has said it is “absolutely imperative” that “big tourist destinations” such as Greece and Spain be added to the UK’s green list at the end of this week.“The restrictions should be lifted, we should be allowing British families to travel to the US and Europe, and also …
Business
Sky News
Brexit-supporting Wetherspoons boss calls for more EU migration
The boss of Wetherspoons has urged the government to allow more migrants from the European Union to work in the UK.Tim Martin, the JD Wetherspoon pub chain’s founder and chairman, has been a passionate supporter of Brexit, repeatedly advocating for Britain to leave the EU without a deal. More than 1.3 million overseas nationals have …
Business
Euro News
Israel discovers links between Pfizer COVID vaccine and heart inflammation in young men
Business
Sky News
Shop prices fall again – but how long will it last?
With large price hikes on the horizon, shoppers are being encouraged to splurge now while costs remain low.The British Retail Consortium (BRC), the trade group representing shop owners, said on Tuesday that although shop prices continued to fall in May, the drop was the slowest since February 2020, indicating that depressed costs due to the …
Business
Sky News
Biden scraps Trump-era drilling programme in Alaska’s Arctic Refuge
The Biden administration has scrapped a Donald Trump-era drilling programme by suspending oil and gas leases in Alaska’s Arctic National Wildlife refuge.Interior Secretary Deb Haaland issued the order – which comes after a temporary moratorium on oil and gas lease activities imposed by President Joe Biden on his first day of office. Mr Biden has …
Business
Sky News
BoE governor: Climate risks ‘not reflected in market prices of most financial assets’
The governor of the Bank of England has warned the risks of climate change are not reflected in the market prices of most financial assets.Andrew Bailey was speaking at the Reuters Responsible Business 2021 conference when he said physical risks, such as property damage, could lead to displacement and conflict. This could cut company profits, …
Business
Sky News
House prices soar 10.9% to seven-year high in ‘race for space’
House prices in the UK jumped by an annual 10.9% driven by shifting preferences and buyers seeking new homes in the wake of the pandemic.The data, collected by mortgage lender Nationwide, shows the largest rise in house prices in almost seven years, which hit a fresh record high at an average of £242,832. This is …
Business
Sky News
Heinz to make ketchup in UK again in £140m factory investment
US foods giant Kraft Heinz has said it will invest £140m into a processing facility on the outskirts of Wigan, calling it one of the largest investments in UK manufacturing since Brexit.The expansion of the existing Kitt Green plant, already Europe’s largest food manufacturing site, would see the firm’s ketchup, mayonnaise, and salad cream brands produced …
Business
Sky News
Heathrow opens dedicated facility for red list passengers
Heathrow has opened a dedicated terminal for passengers on direct flights from red list countries, following concerns that they were mixing with those from green and amber nations.Travellers on direct flights from red list destinations will now go through Terminal 3, although a dedicated facility for processing such travellers is eventually planned for Terminal 4. …
Business
Sky News
UK growth forecast upgraded but pandemic ‘scar’ to be worst of all G7 nations, says OECD
The UK economy will grow even faster than expected this year and next, but it is nonetheless expected to suffer the most long-term economic damage of any of the seven major industrialised nations following the pandemic, the OECD has warned.In its six-monthly Economic Outlook, its comprehensive assessment of the state of the global economy, the …

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