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01.07.2024 - 10:44
Business
Sky News
Strikes called off at Welsh steelworks after owner changed closure date
A planned strike at the Port Talbot steelworks has been suspended after the Unite union said new investment was proposed.Unite is suspending its industrial action, it said, after the news on Thursday that the Indian conglomerate owner, Tata, would, in response, close the site earlier than first announced. Talks throughout the weekend yielded a “significant …
01.07.2024 - 10:42
Business
Sky News
Russia, Glasgow and the uncomfortable truth behind why the cost of living crisis came to an end
This is the story of how an obscure company based in an office block on a quiet street in Glasgow became an accessory in Vladimir Putin’s war on Ukraine. It is the story of how Europe and Russia remain locked in a tense relationship of economic dependence, even as they supposedly cut their ties. It …
01.07.2024 - 10:05
Business
Business Live
Darlington dairy joins forces with Yorkshire cheesemaker to supply organic milk
Acorn Dairy, which has herds in the Durham Dales and North Yorkshire, has partnered with Thirsk cheesemaker Shepherds Purse . The two family-run businesses have joined forces to produce a new organic blue cheese, with Acorn’s cows providing the milk. It is the culmination of 12 months development using the Darlington dairy’s Soil Association milk …
01.07.2024 - 09:41
Business
Evening Standard
Labour more trusted than Tories on economy and stock market according to poll by investment platform XTB
Labour is more trusted on the economy and business according to a detailed poll of voter intentions carried out by investment platform XTB. The poll of over a 1,000 stock market investors showed Labour was leading the Tories 60-40 on the economy and 54-46 on the stock market. On business, voters said sectors including housing, …
01.07.2024 - 09:40
Business
Evening Standard
Harland & Wolff suspends shares over accounts delay
Shipbuilder Harland & Wolff has suspended trading in its shares on the London Stock Exchange after the firm failed to publish its annual results on time.The Belfast-based company, which owns the historic shipyard where the Titanic was built, said audited accounts were delayed due to ongoing talks with its auditors over how to account for revenues …
01.07.2024 - 09:24
Business
Evening Standard
Boots boss to stand down after six years at the helm
The boss of UK high street health and beauty chain Boots has announced plans to stand down after six years in the top job.Managing director Sebastian James has handed in his notice to take up a role in the healthcare sector.Boots, which is owned by US-listed giant Walgreens Boots Alliance, said Mr James will remain …
01.07.2024 - 09:24
Business
Euro News
US government asks Boeing to plead guilty in ‘sweetheart deal’, say sources
01.07.2024 - 09:23
Business
Evening Standard
Manufacturing sector grows again but inflation hits 17-month high
The UK’s manufacturing sector grew for the second consecutive month despite rebounding cost inflation and “weak” exports, according to new data.Activity in the sector grew last month on the back of growing new orders, but there was a slight slowdown against the previous month.The closely watched S&P Global/CIPS UK manufacturing PMI survey hit a reading …
01.07.2024 - 09:22
Business
Evening Standard
Trading is ‘near impossible’: The small business owners torn on how to vote
As the General Election draws near, both major parties will hope to have done enough to woo a key set of voters: small business owners.The UK has an estimated 5.5 million small and medium-sized businesses (SMEs), and many of their votes are still thought to be up for grabs.Last week, a poll by insurer Simply …
01.07.2024 - 08:36
Business
Sky News
‘Deafening silence’ on net zero during election campaign criticised by business
The “deafening silence” on climate change during the election campaign has been criticised by major business group the CBI.But the next government cannot claim to be pro-growth without also being pro-green, Rain Newton-Smith, chief executive of the CBI, will tell a conference in London today. With just three days to go until the general election, …
01.07.2024 - 06:29
Business
Sky News
House prices still unaffordable says UK’s largest building society
Average house prices are still unaffordable for the typical earner, the UK’s largest building society has said.Despite wages rising above the rate of inflation in recent months and house prices falling from the record high of summer 2022, “housing affordability is still stretched”, Nationwide said. Money latest: New Wotsits and Monster Munch flavours launch today …
01.07.2024 - 00:01
Business
Sky News
A ‘conspiracy of silence’ – five things the main parties aren’t talking about this election
The Institute for Fiscal Studies (IFS) says there’s a conspiracy of silence at this election – that all of the major political parties aren’t being honest enough about their fiscal plans.And it has a point. Most obviously (and this is the main thing the IFS is complaining about) none of the major manifestos – from …
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