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Sky News
IKEA buys second UK shopping centre in estimated £145m deal
IKEA has purchased a second UK shopping centre amid plans to open its first British city store outside of London.The Ingka Group, which owns IKEA, confirmed it will open a store in Brighton city centre after buying Churchill Square Shopping Centre for an estimated £145m. Investment company Abrdn had originally hoped to sell the centre …
Business
Evening Standard
BAE Systems on track for earnings hike as global conflicts boost orders
Business
Sky News
‘A wake-up call’ as Royal Mail is fined £5.6m for missing delivery targets
Royal Mail has been fined £5.6m by the industry regulator for missing targets covering both first and second-class deliveries.Ofcom said that for the 2022-23 financial year – a time when it was hit by 18 days of strikes by frontline workers – Royal Mail‘s reported performance results showed that it had only delivered 73.7% of …
Business
Sky News
Baby formula companies ‘manipulating prices to exploit vulnerable UK families’, WHO says
The World Health Organisation (WHO) wants government action over escalating baby formula prices that are “exploiting” British families. In an interview with Sky News, WHO called out the “profit-driven” multinational manufacturers for “manipulating the price” of their baby formulas. The most recent research shows prices in the UK have risen 24% over the past two …
Business
Euro News
Work fatalities: Where does it happen the most in Europe?
Business
Evening Standard
Nigel Farage to launch legal battle with NatWest over debanking saga
Business
Sky News
Farage to seek millions in damages from NatWest and former CEO Rose
Nigel Farage will next week begin a formal legal fight with NatWest Group and its former boss as he seeks millions of pounds in damages over the debanking scandal which escalated into a crisis for the state-backed lender.Sky News has learnt that Mr Farage, the former UKIP leader, has instructed London-based Grosvenor Law to act …
Business
Evening Standard
Councils call for 20% uplift for Healthy Start to meet food inflation
Business
Business Live
Business leaders welcome £10m skills funding for West Midlands
Business leaders in the West Midlands and Warwickshire have welcomed more than £10 million of Government funding to help close the skills gap in the region. The Department for Education has announced that the region will receive £10.3 million of Local Skills Improvement funds which will be delivered in partnership with companies and skills providers. …
Business
Euro News
Guinness manufacturer Diageo sees stock plunge on profit warning
Business
Sky News
Families should be optimistic despite stagnating economy, says chancellor
Families “should feel optimistic” that the worst of the cost-of-living crisis is over, the chancellor has told Sky News.Acknowledging households have “suffered enormously” from energy, food and fuel inflation in the last 18 months, Jeremy Hunt said they should now feel some relief despite the UK economy slowing to a halt in the third quarter …
Business
Sky News
NatWest seek to close ignominious chapter with ex-chief’s slashed severance deal
£7.6m is a lot of money to leave on the table by anyone’s standards.NatWest Group, the taxpayer-backed bank, hopes that headline-grabbing number will persuade stakeholders that it has taken a tough line on the severance package handed to Dame Alison Rose, its former chief executive. Indeed, Dame Alison herself might claim that she herself has …

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