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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 …
Business
Sky News
No agreement as pay talks end between Royal Mail and the CWU
Talks aimed at resolving a long-running dispute between Royal Mail and the Communication Workers Union have ended without agreement.The two sides have been negotiating for 11 months over pay, jobs and conditions for the 112,000-strong workforce. There were 18 strike dates called last year and 2023 has seen the union and Royal Mail attempt to …
Business
Business Live
Former football club CEO appointed to Ice Hockey UK
The former head of Forest Green Rovers has been appointed chief executive officer of Ice Hockey UK (IHUK). Henry Staelens, who became the youngest chief executive in the football league when he joined the Gloucestershire-based club in 2018 at aged 30, will start his new position at the UK’s national governing body for the sport, …
Business
Business Live
Acquisition of Bournemouth’s four-star Norfolk Royale Hotel completed
The acquisition of a four-star hotel in Bournemouth has been completed after an agreement was struck in February. The four-star Norfolk Royale Hotel, on the South Coast, is the former home of the Duke Norfolk and has undergone a multi-million pound refurbishment programme in recent years. The 95-bedroom property has been acquired by Alfa Leisureplex …
Business
Sky News
Shine comes off luxury jeweller Vashi as it calls in liquidators
Vashi, the upmarket jewellery retailer, has gone bust just months after seeking new funding at a valuation of £250m.Sky News has learnt that insolvency practitioners from Teneo Restructuring were appointed this week as joint liquidators of Vashi’s holding company. Insiders said the appointment followed a winding-up petition filed by Canary Wharf Group, one of Vashi’s …
Business
Sky News
Post-Brexit checks on goods from EU into UK to be reduced
Post-Brexit checks on goods coming to the UK from the EU are to be reduced, the government has confirmed.A new model has been announced to “minimise trader burdens and maintain border security while remaining aligned with international standards”. The government has delayed putting in place the checks four times, which are legally required under the …

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