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Sky News
Manufacturers’ group Make UK to name former minister as chairman
The former minister who was asked by the last chancellor to help turbocharge inward investment into the UK is being lined up as the next chairman of Britain’s most influential manufacturing industry trade body.Sky News has learnt that Lord Harrington, who also served in government as Boris Johnson’s minister for refugees after Russia’s invasion of …
Business
Business Live
WPP faces losing title as world’s biggest ad agency to rivals in $30bn merger
The FTSE 100’s leading advertising firm, WPP, is facing the prospect of losing its title as the world’s largest ad company for the first time in many years, as US competitors Omnicom and Interpublic are reportedly in talks over a potential $30bn (£23.6bn) merger. The weekend brought news that the third and fourth biggest global …
Business
Evening Standard
Inspecs shares slump after profit warning
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Glasses maker Inspecs has warned over annual earnings after weaker-than-expected recent trading.The firm, based in Bath, Somerset, said it has seen sales …
Business
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 …

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