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Sky News
Over 7,000 social homes ‘lost in a year due to right-to-buy’, councils complain
The right-to-buy scheme must be reformed to ensure those most in need have access to secure accommodation, councils have warned.The Local Government Association (LGA) said the scheme, that enables social tenants to purchase their homes with big discounts, meant that 7,449 social homes were lost on a net basis during the last financial year. Its …
Business
Euro News
The Body Shop goes into administration, with hundreds of UK jobs at risk
Business
Euro News
Europe moves to end reliance on China EVs with €4.4bn factory plans
Business
Sky News
What went wrong for The Body Shop?
The Body Shop was an innovative, fiercely ethical and thriving part of the British high street for almost five decades.To enter a store was an assault on the senses from colour to exotic names and fragrances. We had never seen the like before. Though confirmation on Tuesday that the UK arm had been placed in …
Business
Business Live
Cardiff Airport on a return for Qatar Airways, passenger growth and its financial health
Cardiff Airport remains confident of Qatar Airways resuming its direct scheduled route to Doha. And while a challenge it is keeping to a target of passenger numbers getting back to the pre-Covid level of 1.6 million a year by 2026. On earnings before interest, taxes, depreciation and amortisation (EBITDA), in its last financial year to …
Business
Evening Standard
Tui urges shareholders to vote to abandon London listing
Business
Euro News
Bank crisis fund is now full, agency chief says
Business
Sky News
Delivery drivers for takeaway apps to strike on Valentine’s Day
Delivery drivers for food-ordering platforms including Deliveroo, Uber Eats and Just Eat are striking on Valentine’s Day to call for better pay and conditions.Wednesday’s five-hour walkout is being organised by Delivery Job UK, an umbrella organisation, many of whose members are Brazilian and which claims to have more than 3,000 supporters in London and several …
Business
Sky News
Housing minister insists ‘we’ve got to have building targets’ – despite Tories scrapping them
Housing minister Lee Rowley has insisted the government has “got to have targets” for building homes – despite ministers dropping the ambition.In its 2019 manifesto, the Conservative Party pledged to build 300,000 new houses each year by the mid-2020s if it got into power. But the figure has never been achieved, and in December 2022, …
Business
Sky News
Barclay-owned Yodel rescued by Shift-led consortium
The collapse of Yodel, one of Britain’s biggest parcel delivery groups, has been averted after an overnight rescue deal led by the founder of Shift, a rival operator.Sky News has learnt that a newly formed company called YDLGP, which is backed by Shift executives and Solano Partners, a merchant bank, struck a deal early on …
Business
Sky News
Wage rises higher than expected – as unemployment rate falls slightly
Wages rises were higher than expected in December while the unemployment rate fell slightly, official figures show.Average weekly earnings rose more than expected, by 6.2% compared to the 6% forecast by economists and worker purchasing power was at its highest since July 2021 as, when compared against inflation, pay packets grew 1.9%. Wages, however, rose …
Business
Euro News
UK employees set to see slip in salary rises in 2024

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