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Cranswick hails recovery in demand leading to higher earnings
A more stable environment for farmers has helped FTSE250 meat producer Cranswick to boost revenue and profits. Fresh results for the Hessle-based manufacturer, covering the year to the end of March, show the pork and poultry specialist managed to maintain pig volumes despite a significant reduction in national numbers. Investors on the London Stock Exchange …
Business
Sky News
Surge in profits for water firm responsible for supply in Devon
The parent company of South West Water has insisted it is focused on returning safe water supply to Brixham in Devon as it announced an 8.6% increase in underlying operating profits to £166.3m.Around 17,000 households in the Brixham area have been told to boil their drinking water since last week following an outbreak of cryptosporidiosis …
Business
Euro News
Nvidia shares could soar as traders eye first-quarter earnings
Business
Sky News
Former tech darling Cazoo crashes into administration 
Cazoo, the British online car retailer once-valued at well over £5bn, will crash into administration on Tuesday.Sky News understands that insolvency practitioners from Teneo will be formally appointed just over a week after Cazoo filed to seek temporary protection from creditors. More than 700 people have already lost their jobs as a result of the …
Business
Sky News
Inflation falls sharply – but June interest rate cut less likely
The rate of price rises has dropped to 2.3% in April – the lowest in nearly three years and closer to the Bank of England’s target, according to official data.Inflation is at a low not seen since July 2021, the Office for National Statistics (ONS) said. Money latest: Do Sunak and Hunt deserve any credit …
Business
Euro News
Ferrovial set to offload UK regional airports amid Heathrow deal uncertainty
Business
Euro News
AstraZeneca reveals plans for a billion-dollar cancer plant in Singapore
Business
Euro News
Irish economist urges staff quota system for ECB amid fears Ireland may fall behind
Business
Sky News
Nearly £5bn spent on EU border checks, some of which were not needed, says independent watchdog
Traders are facing increased costs and more paperwork due to Brexit border controls, according to a new report from the independent public spending watchdog.The government is estimated to have spent £4.7bn so far but some of that spending was not necessary, the National Audit Office (NAO) has said. Despite the UK voting to leave the …
Business
Business Live
Gateshead’s G&B Civil Engineering on path to more growth after exiting North East Fund investment
A Tyneside civil engineering firm has exited its North East Fund agreement after more than doubling its turnover on the back of two investments. Gateshead based G&B Civil Engineering has been trading for 43 years, offering civil engineering, construction, drainage and maintenance services to the public and private sector. The company first worked with regional …
Business
Euro News
Ryanair announces profit jump and predicts cheaper-than-expected summer fares
Business
Evening Standard
BT delays new digital network switchover timetable
BT has significantly delayed its timetable to force all customers on to the new digital network following long-running concerns about vulnerable customers who rely on landline-based personal alarms.The group, which is also responsible for EE customers, has abandoned the industry’s previous timeline of completing the national switchover by the end of next year.It has announced …

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