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Ship traffic through Suez Canal plunges by two thirds after Red Sea attacks
Business
Business Live
Jet2 reaffirms profit hike expectations as promising summer season takes shape
Airline and package holiday company Jet2 says annual profits are expected to jump by around a third as it points to a strong summer season ahead. The Leeds Bradford Airport-based firm said group profit before foreign exchange for the year to the end of March is likely to be between £515m and £520m, an increase …
Business
Euro News
Don’t let the gold rush get you scrambling into fakes. Seven tips to spot frauds
Business
Sky News
Premier League toasts £40m deal with new beer partner Guinness
English football’s top flight is toasting a £40m sponsorship deal with Guinness after the Diageo-owned brand saw off competition from Heineken.Sky News has learnt that the Premier League has informed its 20 clubs, which include Everton, Manchester City and Sheffield United, that it is backing a £10m-a-year agreement beginning next season. The deal, which has …
Business
Sky News
Post Office scandal extends ‘greatly beyond Horizon’ – victims’ lawyer
The post office scandal extends “greatly beyond” faulty Horizon software, according to a lawyer for victims.Paul Marshall, representing former sub-postmasters, says problems with third party systems in branches, such as ATMs, have been “overlooked”. A 2013 report commissioned by the Post Office, and not made public at the time, states: “Removing the ATM reduces the …
Business
Euro News
Commission carries out first raid under foreign subsidies regulation
Business
Euro News
JD Sports off and running in US market with billion-dollar offer for major US competitor
Business
Sky News
Post Office boss Read led ‘campaign to defame and ostracise me’, ex-HR director claims
A former HR director at the Post Office, whose misconduct claims against chief executive Nick Read were dismissed following an internal investigation, has written to MPs in a bid to plead her case.Jane Davies, who was in post for seven months from December 2022 until she was dismissed, claimed Mr Read led a “deliberate campaign …
Business
Euro News
Lavazza coffee maker looks to take a bigger gulp of IVS vending machine business
Business
Sky News
Getir investors to fund European exit with new cash injection
Investors in Getir, the grocery delivery app which at one point attained a valuation of almost £10bn, are to inject yet more money into the company to fund its exit from the UK and Europe.Sky News has learnt that shareholders in the company have drawn up provisional plans to commit tens of millions of pounds …
Business
Sky News
Post Office described IT bugs as ‘exceptions’ to make them sound ‘non-emotive’
Senior figures at the Post Office began describing computer bugs as “exceptions” as they grappled with mounting complaints from sub-postmasters about its faulty Horizon IT system, it has emerged.The then Post Office chief executive Paula Vennells made the suggestion to colleagues after she asked her husband for advice on a “non-emotive” way of referring to …
Business
Business Live
More tech startups in all 10 boroughs – Manchester Digital wins Barclays funding to promote firms across city region
Manchester Digital says it wants to support 20 tech startups in every Greater Manchester borough after winning funding from Barclays for a business support programme. The industry body has secured funding for the Barclays Eagle Labs Ecosystem Partnership Programme to offer support for 200 startups and founders across Greater Manchester. The new project aims to …

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