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Smart Works report highlights ‘bleak’ jobs market for women seeking work
A new report has highlighted a “bleak” job market for North East women seeking work, with 40% remaining unemployed for more than a year despite applying for scores of jobs. The 2023 Female Unemployment Index also suggests the cost-of-living crisis has weakened the employment market for women, with many applying for an average of 33 …
Business
Evening Standard
Small investors pull money out of UK stock market at record pace
Business
Sky News
JD Sports-backed Applied Nutrition plots £1bn London float
A manufacturer of sports supplements part-owned by JD Sports Fashion is beginning preparations for a £1bn flotation that could help breathe fresh life into London’s moribund market for new share offerings.Sky News has learnt that Applied Nutrition, which is based in Liverpool, has been interviewing investment bankers in recent weeks about a listing that could …
Business
Business Live
Tata Steel UK starts consultation on restructure that will see nearly 2,500 going
Tata Steel has started a formal 45-day consultation on its restructuring which is set to lead to thousands of job losses. The company is planning to shut down blast furnaces at its plant in Port Talbot, south Wales, and switch to a more environmentally friendly way of producing steel. The Indian-owned steel maker said 2,423 …
Business
Euro News
Tesla recalls millions of cars over warning light glitch
Business
Sky News
Superdry founder eyes Rcapital backing for takeover bid
The founder of Superdry is in talks with the owner of Laura Ashley and an investor which previously backed Paperchase about a bid to take the London-listed fashion retailer private.Sky News has learnt that Julian Dunkerton has held initial discussions with Gordon Brothers and Rcapital, both of which specialise in investments in financially challenged companies, …
Business
Sky News
Ex-Post Office boss Paula Vennells to give evidence at inquiry into Horizon IT scandal
Former Post Office boss Paula Vennells will give evidence to the next phase of the inquiry into the Horizon IT scandal.She served as chief executive from 2012 to 2019, and has faced questions about why hundreds of subpostmasters were wrongly convicted of fraud and false accounting under her watch. Scrutiny grew after she was depicted …
Business
Sky News
Tata in frame to take over UK’s Faster Payments network
An arm of the giant Indian conglomerate Tata is in the frame to take over the running of Britain’s Faster Payments Service – even as one of its sister companies prepares to lay off thousands of Welsh-based steelworkers.Sky News has learnt that Tata Consultancy Services (TCS) is a leading contender to become the administrator of …
Business
Euro News
Four-day week: Which countries are embracing it and how is it going so far?
Business
Sky News
Nvidia value rises by £232bn in a month – but bad news for Tesla
Nvidia’s market value surged by £232.6bn in January – the biggest monthly increase in history.The world’s largest chipmaker has become a darling of the stock market because its processors are widely used for artificial intelligence. Nvidia’s stock has risen by 31% since the year began, and 190% over the past 12 months – breaching all-time …
Business
Euro News
‘We feel betrayed’: SAP workers rebel against forced return to the office
Business
Sky News
Guinness owner Diageo hunts new chairman amid sales slowdown
The FTSE 100 drinks giant Diageo has kicked off the search for a new chairman as it grapples with a sharp slowdown in sales in key growth markets.Sky News has learnt that Diageo, one of the world’s biggest alcoholic beverage companies, is working with Russell Reynolds Associates, the search firm, to identify a successor to …

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