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Sky News
Audit giant pulls secondee out of crisis-hit CBI business lobbying group
EY, the big four accountancy firm, has ended the secondment of one of its employees to the CBI as the business lobbying group grapples with an unfolding crisis over allegations of sexual misconduct.Sky News has learnt that EY has opted not to renew the secondment of a staff member who was serving as an adviser …
Business
Business Live
Mercure to open £30m four-star Paignton hotel in time for Easter
Hospitality company Mercure, is set to open a new four-star hotel in South Devon. The £30m hotel will be situated on Paignton’s seafront and will feature 161 bedrooms, restaurant and two tier Mediterranean style terrace with an outside bar. The Mercure Paignton Hotel, which is owned by Singapore-based Fragrance Group, franchised by Accor group and …
Business
Business Live
Steelworkers’ joy at huge repreive with pay packets set to increase for those who feared the axe
Steelworkers whose jobs have been saved despite the Scunthorpe coke oven closures going ahead look set to earn more as they move into other areas of the business. The potential pay boom for the 250-strong team put through the redundancy process has been revealed as site multi-union chair Paul McBean told of the delight at …
Business
Evening Standard
UK construction activity eases amid steep drop in housing demand
The fastest decline in housebuilding for nearly three years has acted as a drag on the UK’s construction sector, an influential survey has shown.Growth among construction businesses eased in March amid a slowdown in demand for new homes that has been exacerbated by rising interest rates.The closely-watched S&P Global/CIPS construction purchasing managers’ index scored 50.7 …
Business
Business Live
Bristol Junior Chamber kicks off 75th anniversary year with an all-female leadership team
Bristol Junior Chamber has welcomed a milestone anniversary with an all-female leadership team. With a membership of over 150 young professionals from the city and surrounding areas, the networking organisation will begin to celebrate its 75th anniversary year with Georgia Corp, Emma Carter and Kate Woosnam at its helm. On Tuesday (April 4) the council …
Business
Sky News
Firms review CBI membership after sexual misconduct claims
Some of the UK’s biggest and best-known businesses say they are closely watching the unfolding crisis at the CBI.Sky News contacted more than 30 FTSE 100 and FTSE 250 companies on Thursday and found that many of those who are CBI members are keeping their membership – for now. It comes after a number of …
Business
Sky News
Post-Brexit checks raise ‘real risks’ of future border complications as Dover braces for more delays at Easter
Coach travellers will be asked to delay Channel crossings over Easter as ferry companies and the Port of Dover attempt to avoid a repeat of the shambolic delays that blighted the start of the school holidays last weekend.Thousands of holidaymakers, many of them children on school trips, faced delays of up to 18 hours as …
Business
Sky News
Sunak woos business leaders at summit amid Labour charm offensive
Rishi Sunak will court hundreds of Britain’s leading bosses at a summit this month that will be seen as an attempt to wrest back momentum from Keir Starmer’s efforts to present Labour as the new party of business.Sky News has learnt that the prime minister, the chancellor Jeremy Hunt, and Kemi Badenoch, the business and …
Business
Sky News
Badenoch postpones meeting with business groups over CBI crisis
Business and Trade Secretary Kemi Badenoch has postponed a meeting with the UK’s five leading business groups amid the unfolding crisis over sexual misconduct allegations at the CBI.Sky News understands that Ms Badenoch has called off her next scheduled talks with the so-called B5, which comprises the CBI, Institute of Directors, British Chambers of Commerce, …
Business
Business Live
Screwfix continues to ramp up expansion plan with the opening of 85 new stores by 2024
Screwfix has announced its ambitious plan to open up to 85 new stores across the UK, Ireland, and France by the end of January 2024, creating hundreds jobs in local communities. The home improvement retailer, which has its headquarters in Somerset, recently announced plans to open 60 new stores as it continued its expansion with …
Business
Evening Standard
Royal Mail talks end without agreement in dispute over pay, jobs and conditions
Talks aimed at resolving a long-running dispute at the Royal Mail have ended without agreement.The company has been meeting the Communication Workers Union to try to reach a deal over pay, jobs and conditions.A Royal Mail spokesperson said: “After 11 months of talks, including mediation by Sir Brendan Barber and Acas, we are deeply concerned …
Business
Business Live
Northern Bear construction group launches dividend growth strategy amid expected profit boost
Directors at North East construction group Northern Bear expect to see a 5% boost in profits this year after a lift in trading. The AIM-listed group of companies providing specialist building and support services, which is headquartered in Prestwick, issued an update to shareholders highlighting the expected boost in operating profit, despite its building services …

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