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Biotechnology firm Advetec appoints new chief executive
Wiltshire-based biotechnology business Advetec has appointed a new chief executive. Lee Knott joined the company, which turns unrecyclable waste into solid recovered fuel (SRF), in 2021 as chief commercial officer. He succeeds Jim Lovett, who will continue in an advisory role as an investor. According to Mr Knott, Advetec will spend 2024 helping waste handlers …
Business
Evening Standard
Red Sea shipping problems have ‘limited impact’ on products – Poundland owner
Business
Sky News
Horizon developer Fujitsu says it will compensate victims of Post Office scandal
Japanese technology firm Fujitsu has said it plans to compensate sub-postmasters wronged in the Horizon scandal.The multinational is in the spotlight due to its role in miscarriages of justice – with recent ITV drama Mr Bates Vs The Post Office renewing public interest in the issue and sparking outrage. Hundreds of sub-postmasters and sub-postmistresses were …
Business
Euro News
‘Guardrails’ needed for AI in healthcare, says Commissioner
Business
Sky News
More than a third of Facebook Marketplace ads could be scams – costing customers £60m in 2023, study finds
More than a third of adverts on Facebook Marketplace could be scams – with UK customers potentially losing nearly £60m on the platform in 2023, an investigation has found.Facebook Marketplace allows people to buy and sell new and used items such as cars, watches, games consoles, air fryers, shoes and handbags. The TSB retail banking …
Business
Sky News
‘You feel like you can’t fight back’: Thousands being targeted in HMRC tax-collecting scheme linked to 10 suicides
Four years ago, Michael Squires received a letter that turned his life upside down. A brown envelope containing a tax demand for £24,000 landed on his doormat. It came out of nowhere and gave Mr Squires sleepless nights as he worried about where he would find the money.“It’s a horrible anxious feeling, I knew that …
Business
Sky News
Badenoch seeks urgent Fujitsu talks over Post Office compensation
Kemi Badenoch, the business secretary, is seeking urgent talks with Fujitsu to thrash out a compensation package for sub-postmasters affected by the Post Office Horizon scandal.Sky News has learnt that Ms Badenoch wrote to Takahito Tokita, the Japanese company’s chief executive, in the wake of an acknowledgement from Fujitsu bosses that it had a “moral …
Business
Sky News
Police investigation to decide on Post Office scandal charges to take at least two years
It will be at least two years until any criminal charges are brought over the Post Office scandal, Britain’s most senior police officer has said.Metropolitan Police Commissioner Sir Mark Rowley has warned detectives will have to read “tens of millions of documents” to decide whether laws have been broken, and that will probably take at …
Business
Sky News
Railway station ticket machines charging more than twice as much as a major online retailer – study finds
Railway station ticket machines charge passengers more than twice as much as a major online retailer for some journeys, analysis has found.Consumer group Which? said its investigation found the best value fares are either unavailable or hidden among a huge number of options on many machines. Rory Boland, editor of Which? Travel magazine, said millions …
Business
Evening Standard
Nationwide ‘out in the cold’, brokers say, as it stays out of mortgage rate price war for now
Business
Evening Standard
Inflation rise renews fears of ‘completely unacceptable’ broadband price hikes
Business
Business Live
Bluestone holiday resort investing in its own solar farm
The Bluestone holiday resort in Pembrokeshire is investing in its own solar farm that could generate up to 30% of its annual electricity needs. The investment is being backed with a multi-million-pound syndicated loan from Barclays and the Development Bank Wales. The facility, the exact value of which is not being disclosed, will able enable …

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