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Sky News
Hiring slumps to ‘pandemic-era level’ in wake of budget
Demand for new staff among businesses slumped to levels seen in 2020 in the wake of last month’s budget, according to a survey of major recruitment consultants.A monthly report by the Recruitment and Employment Confederation (REC) trade body and accountants KPMG suggested that the tax raid on firms announced by chancellor Rachel Reeves on 30 …
Business
Evening Standard
Abba Voyage gives £1.4bn economic boost – and may stay ‘forever’
Abba’s virtual concert has boosted the UK economy by more than £1 billion, new analysis shows, as its executive producer sets his sights on another two years of the London residency which he hoped could exist “forever”.Abba Voyage, which sees digital versions of the Swedish band perform in a purpose-built arena, is set to sell …
Business
Sky News
North of England will benefit from closer ties to Saudi, says Starmer, as he visits Middle East
The north of England will directly benefit from closer trade ties with Saudi Arabia, the prime minister said as he visited the country.Sir Keir Starmer travelled to the United Arab Emirates and Saudi Arabia in a bid to build closer economic ties with the two Gulf states. The trip came amid turmoil in the Middle …
Business
Sky News
Divers helping in search for evidence in hunt for New York healthcare CEO killer
Police divers are combing through underwater areas of New York’s Central Park in the hunt for evidence about the killer of a healthcare boss.Detectives searching for the man believed to have targeted UnitedHealthcare CEO Brian Thompson have found a backpack and have multiple images of the suspect. But, so far, they have not found the …
Business
Sky News
Brave Bison swoops for T20 World Cup rights-holder Engage
A London-listed marketing specialist backed by Lord Ashcroft, the former Conservative Party treasurer, will this week announce the purchase of a key digital partner to sporting properties including the Men’s T20 Cricket World Cup.Sky News has learnt that Brave Bison, which trades on the junior AIM exchange and has a market capitalisation of just under …
Business
Business Live
Northumberland’s Bedmax hails export strength as it targets more sales
Equine bedding and sustainable fire log maker Bedmax has talked of recent growth and export success across key markets in the Far East, Middle East and Europe. The Northumberland-based horse bedding specialist, which has production facilities at Belford, Chathill, Newark in Nottinghamshire and Andover in Hampshire, saw turnover edge up from £20.9m to £21.8m in …
Business
Business Live
Small Business Saturday could boost business confidence this year, group says
A leading campaign group has suggested that Small Business Saturday could provide a significant boost to business confidence this year if Britons turn out in force to support their local high streets. The optimism precedes this year’s Small Business Saturday UK, set for 7 December, which is an annual initiative aimed at spurring consumer engagement …
Business
Sky News
Harland & Wolff close to government-backed rescue deal with Navantia
Harland & Wolff (H&W), the shipyard-owner which built the Titanic, is closing on a government-backed rescue deal with a Spanish shipping industry group.Sky News can reveal that Navantia has won approval from Downing Street to acquire H&W’s four UK shipyards in a transaction which could be formally agreed as early as next week. If confirmed …
Business
Sky News
Hundreds of jobs secured at train factory after £500m deal
Fourteen new trains are to be built at a Hitachi plant in County Durham, securing hundreds of jobs.The plan safeguards 700 jobs with a £500m investment for the Newton Aycliffe site. The plant and its workers had faced an uncertain future with an upcoming gap in its order book before work begins on HS2 (High …
Business
Sky News
Guardian signs controversial deal to sell The Observer to Tortoise Media
The owner of The Guardian is pressing ahead with the sale of the world’s oldest Sunday newspaper to a fledgling digital media company, just hours after scores of journalists went on strike in protest at the deal.Guardian Media Group (GMG) and its parent, the Scott Trust, confirmed on Friday that the sale of The Observer …
Business
Business Live
Restaurant group to open new Indian and BBQ eatery in Gloucestershire
A new restaurant that mixes Indian gastronomy with BBQ is set to open in Gloucestershire next month. JM Socials, the group behind Cheltenham eateries Prithvi, Bhoomi Kitchen, BAO + BBQ, Circo, and The Mayflower, is preparing to open its latest venture in Bishop’s Cleeve in the new year. Jai Ho will offer a menu centred …
Business
Sky News
Direct Line set to accept sweetened Aviva takeover bid
One of the UK’s biggest insurers could get even bigger as Direct Line looks set to accept a sweetened £3.61bn takeover bid from Aviva. It’s not the first time Aviva has tried to buy Direct Line, which includes the Churchill and Privilege brands. Last month its £3.3bn offer was rejected for being “highly opportunistic” and …

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