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Change at helm of Lindsey Oil Refinery as Prax’s first general manager is Bahrain-bound
There has been a change at the helm of Prax Lindsey oil Refinery. Luc Smets, recruited into the role of general manager by the team shortly after the huge Humber Bank facility was bought from Total in early 2021, has left, moving to a similar role with Bapco Refining in Bahrain. Edmund Stobseth-Brown has been …
Business
Evening Standard
Ryanair: Air traffic control chaos happened as Nats ‘collapsed their system’
Business
Euro News
UK inflation remains unchanged but still way above target
Business
Sky News
Inflation is easing but cost of living squeeze is still evolving
Last month’s inflation data release completely changed the outlook for Britain’s economic policy.The number came in far below what economists had expected, prompting the Bank of England to pause its rises in interest rates, with wider implications for the state of the British economy. This month’s inflation release – covering the rise in prices in …
Business
Euro News
Default deadline looms for Chinese property giant Country Garden
Business
Sky News
Kurt Geiger puts best foot forward with plan for £400m sale
The upmarket shoe retailer Kurt Geiger is being groomed for a £400m sale by its private equity backers.Sky News has learned that Cinven is working with advisers at Bank of America on a prospective auction of the brand. City sources said on Tuesday that a sale process was expected to begin in the coming months, …
Business
Euro News
EU unlocks Single Market access for Western Balkans in exchange for reforms
Business
Sky News
Investigation launched into marketing at leading boiler maker
The Competition and Markets Authority (CMA) has announced it is investigating leading boiler manufacturer Worcester Bosch over whether it has been misleading consumers by marketing a range of gas boilers as “hydrogen-blend ready”.The regulator – which is responsible for enforcing consumer protection law – said its focus will be on whether “claims made about these …
Business
Sky News
Inflation stuck at 6.7% as petrol goes up but food prices drop
The rate of inflation failed to nudge downwards as expected last month, remaining at an annual rate of 6.7% according to official figures.The headline consumer prices index (CPI) measure had been predicted to slow to 6.6% in September by a Reuters poll of economists. The higher than expected number – largely a consequence of rising …
Business
Euro News
UK pay overtakes inflation for first time in almost two years
Business
Business Live
Cornwall speciality coffee roaster secures £1 million investment
A Cornwall coffee roaster has secured a £1m investment from the Cornwall & Isles and Scilly Investment Fund (CIOSIF). Managed by The FSE Group, the investment to Origin Coffee, is part of a £3.1m funding round with other investors including Create Impact Ventures and Yeo Valley. The funding will enable to Porthleven-headquartered business to further …
Business
Euro News
Rolls-Royce to cut up to 2,500 jobs worldwide

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